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Shopify will now be integrating Solana Pay as its newest Web3-native payment solution that will allow merchants to have real-time access to their money while enhancing their digital storefront’s capital, liquidity, and liability protection – with no middleman or intermediary involved.
Solana Pay is the brainchild of the San Francisco-based tech company Solana Labs that is built on its decentralized Solana network. Known for its high transaction speeds (no waiting for clearinghouses), near-zero fees, and sustainability, Solana Pay has become an industry-preferred tool for helping companies like Shopify scale their businesses to integrate Web3-native payment solutions to provide a better user experience for those who actively use digital currencies. Read More...
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Vessel Capital, a web3 venture fund, has emerged from stealth with $55 million in assets under management to invest in infrastructure and applications, the firm said.
Founded by Mirza Uddin, Eric Chen and Anthony Anzalone, the firm has been investing about $10 million annually, Uddin said. “On a high level, we really wanted to build a new type of venture fund,” Uddin said. “A lot of giant funds are getting raises, but the VCs themselves don’t have a lot of skin in the game when it comes to using their own capital.” Read More... DatChat, a private messaging, social media, and metaverse company, announced today that it has reached a milestone of over 75,000 active users in its Habytat metaverse. Habytat is growing at a rate of approximately 1,200 to 2,500 new members daily and the Company's recently released AI-powered HabyPets are already receiving accelerated adoption. As of now, HabyPets has four different popular dog breeds. Coming soon is an interactive dog park, new dog breeds, cats, various types of animals, a full immersive VR experience, a Music District, and more.
Habytat is the ultimate metaverse experience that offers a unique feature: giving users free NFT-deeded land and a house that users own and are backed by the Company's proprietary AI and machine learning engine. Habytat's mobile app is available in the Apple App Store and Google Play store and has been localized for Spanish-speaking countries. The virtual world has realistic art, daily rewards, games, and much more. The official in-world currency of the Habytat Metaverse, earned through participation on the DatChat Social Network+ or through the Habytat, is called Nirad. It can be used to upgrade properties and experiences throughout the Habytat. "Since we launched Habytat on mobile devices for the general public in May of this year, we have seen significant traction in the growth of users in our metaverse," said DatChat CEO Darin Myman. Read More... SKT and Polygon Labs, an international software development company that builds blockchain scaling infrastructure, today announced that they have signed a strategic collaboration agreement to build SKT’s Web3 ecosystem.
The agreement signing ceremony took place at SKT’s headquarters located in Seoul and was attended by Oh Se-hyun, Vice President and Head of Web3 CO of SKT, and Marc Boiron, CEO of Polygon Labs. The agreement will see the two companies collaborate on a new Web3 ecosystem. SKT will add support for the Polygon blockchain to its NFT marketplace TopPortand Web3 wallet, and will work together with Polygon Labs to discover promising Web3 startups and support incubation. Read More... Chainflip Labs — the developer of the Chainflip protocol, a decentralised, trustless protocol that allows for seamless value transfer between any blockchain type — is working with OKX Web3 and DoraHacks in a further boost to the Chainflip ecosystem in advance of the protocol’s mainnet launch scheduled for Q4 2023.
As part of the OKX tie-up, the OKX Web3 wallet will be integrated into a front-end interface, enabling OKX Web3 users to connect seamlessly when swapping on Chainflip. Read More... Binance Labs, the investment and incubation branch of Binance, has made a strategic move by investing in Delphinus Lab. The firm is renowned for creating the initial open-source zkWASM virtual machine, enabling trustless computation and application SDKs. This marks a notable development in decentralized tech, empowering developers to construct zero-knowledge (ZK) apps in their favored programming language and launch them on WASM-compatible platforms.
Yi He, Binance’s co-founder and head of its labs, underlined the company’s commitment to aiding initiatives that form the groundwork for Web3 app growth. He highlighted the pivotal role of Delphinus Lab’s zkWASM implementation in connecting the realms of Web2 and Web3. The advent of this technology is expected to usher in a fresh cohort of developers into the Web3 arena, potentially fostering widespread adoption among both developers and end users. He expressed his endorsement of Delphinus Lab’s leadership in the zkWASM narrative. Read More... Rarimo, the interoperability protocol for digital identities, has partnered with Unstoppable Domains, Gitcoin Passport, and Civic to launch a Proof of Humanity plug-in for Web3 dApps. Through the use of Zero-Knowledge proofs, this solution enables platforms to verify that users are humans instead of bots.
Sandy Carter, COO, Unstoppable Domains added: "We could not be more excited to expand the utility of Unstoppable Domains and allow our community to use their domains as Proofs of Humanity. Identity and trust are at the center of what we do at Unstoppable, and we're proud to help make Web3 safer by keeping bots at bay. We are also delighted to be furthering our commitment to contributing to a truly multi-chain Web3 by integrating with Rarimo." Read More... In the wake of the global pandemic, the world of work has undergone a seismic shift. The traditional office, with its cubicles and conference rooms, has been replaced by home offices, coffee shops, and even remote corners of the world. But what if we could take this a step further? What if we could create a virtual workspace that not only replicates the physical office but enhances it, offering new ways to connect, collaborate, and innovate? Welcome to the metaverse, a digital universe where the boundaries of work and play blur, and where remote work takes on a whole new dimension.
In a recent interview with Alex Howland, President and Co-Founder of Virbela, we delved into the benefits of the metaverse for remote work. As Howland pointed out, while remote work offers the freedom to work from anywhere, it also comes with its own set of challenges. Feelings of loneliness and disconnection from the community can be common. The metaverse, however, offers a solution. It provides the benefits of in-person interaction – the watercooler moments, the sense of presence with colleagues – without the need for physical proximity. It’s like having the best of both worlds: the flexibility of remote work and the camaraderie of the office environment. Read More... Trading platform OANDA has announced the acquisition of a majority stake in Coinpass Limited, a United Kingdom-based crypto asset firm registered with the Financial Conduct Authority (FCA).
The acquisition, which integrates a reputable crypto trading platform into OANDA’s existing multi-asset offerings, is seen as a direct response to the growing demand for safe and secure access to digital assets in the UK market. OANDA’s step into crypto also aligns with the noticeable upward trend in UK’s crypto ownership, which more than doubled in 2022, according to an FCA consumer survey reported in June 2023. OANDA’s CEO, Gavin Bambury, expressed enthusiasm about the acquisition, stating, “By adding Coinpass’ regulated crypto trading proposition to OANDA’s existing multi-assets offering, we will significantly expand our footprint and widen our appeal to a growing base of retail investors in the UK.” Read More... Despite healthcare being a human right, adequate surgical services seem to be a luxury to a majority of the world’s population, with the The Lancet Commission on Global Surgery estimating that there are five billion people worldwide that lack access to safe, affordable surgical and anesthesia care when needed. Skilled surgeons are also in short supply, especially in isolated or developing areas. However, one American startup, Veyond Metaverse, is working on a revolutionary technology to help address that shortage by shattering geographic limitations for surgeons.
Veyond Metaverse has created a platform, known as Veyond Connect, which uses Extended Reality (XR) to allow surgeons to collaborate surgeries remotely. XR encompasses a wide variety of technologies, such as augmented reality, virtual reality and mixed reality. Veyond Connect blends XR with digital twin modeling and haptic feedback systems to enable an expert surgeon to oversee operations on a patient that isn’t in the same room as them, and in fact could even be on the other side of the world. Read More... |
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