Friday, September 30, 2022

NuID casts ecosystem giving users the right to own their digital identity

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NuID, a decentralized identity and authentication solution, announced the launch of the Nu Identity (NuID) Ecosystem. The Nu Identity ecosystem will provide internet users with the ability to own and control their digital identity across the inter by using services built upon Nu Identity’s foundational zero-knowledge authentication solution. The decentralized nature of the Nu Identity solution creates an inherently portable and user-owned identity platform.

True Global Ventures invests $38m in Web3 company Animoca Brands

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True Global Ventures 4 Plus Fund and Follow On Fund (TGV 4 Plus FoF) announced a $38m investment including a $16m bought from the secondary market. TGV also previously communicated an investment of $17m, this means that we have invested an extra $21m. Animoca Brands recently raised a $110m convertible led by Temasek, Bayou Capital and GGV, where TGV also participated. TGV Partners across 20 cities support Animoca Brands’ mission to deliver digital property rights to gamers and Internet users, leading the play-and-earn model and contributing to the Web3 Builders ecosystem of the open metaverse.

MiamiWeb3 taps DeFiDAONews as its co-host to bolster Web3 adoption

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MiamiWeb3 Summit, the institutional Web3 conference taking place from 28th – 30th of November 2022, announces DeFiDAONews as co-host. By co-hosting MiamiWeb3, DeFiDAONews will use their experience and expertise in media, event content and marketing, to boost exposure of the event while fostering sustainable institutional growth of Web3.

Decentralized data management firm Inery receives funding from Metavest

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Inery, a decentralized data management system, has secured an investment from web3-focused blockchain VC firm Metavest in the first week of September at the valuation of $128m. Inery is a decentralized data management system bringing DB to Web3. It provides low-cost, reduced latency, secure, and tamper-resistant way for data management.

TGV 4 Plus Follow On Fund makes first investment in Animoca Brands

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True Global Ventures 4 Plus (TGV 4 Plus) Fund and TGV 4 Plus Follow On Fund (TGV 4 Plus FoF) announced a $17.2m convertible note investment into Animoca Brands out of a total raise of $110m. Other investors included Boyu Capital, Singapore’s Sovereign Wealth Fund Temasek and GGV Capital. The investment comes after Animoca Brands’ second closing at a valuation of $5.9 billion (based on Australian dollar exchange rates), on July 12, 2022.

Carlita, DJ Tennis, and Calamar Crew selected to headline AFTER 2049

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TOKEN2049, Asia’s premier crypto conference, announced the DJ line-up of AFTER 2049, the official closing event of this year’s September edition. Headlined by Istanbul-based DJ and producer Carlita, electronic icon DJ Tennis, and Moojo, Mo-Shi and Leon (Calamar Crew), AFTER 2049 will happen on Friday, 30 as it takes over the rooftop of Marina Bay Sands.

The science behind Everdome’s hyper-realistic Mars experience

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Building a thriving city on Mars may not be in the cards yet, but Everdome, the most hyper-realistic metaverse, is set to make it happen when the project launches their Alpha version this year. Thanks to deep scientific input from a lab informing all aspects of the Everdome experience, players will immerse themselves into realistic environment as is possible. 

Meta0 and Polygon strike a deal that will advance web3 development

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Meta0, a blockchain startup that connects metaverses and blockchain ecosystems through a Layer 0 protocol, announced an official partnership with Polygon. Polygon is one of the most cost-effective EVM-based blockchains, and also a favorite choice amongst game developers.

Catheon and Polygon agree preferred blockchain gaming partnership deal

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Catheon Gaming, the fast-growing integrated blockchain gaming and entertainment platform, and Polygon Studios, the leading Ethereum layer-2 scaling solution, announced a preferred blockchain gaming partnership. The partnership combines Catheon’s blockchain gaming and metaverse expertise with Polygon’s blockchain tech to enable developers to build scalable user-friendly dApps with low transaction fees without the need to sacrifice on security.

Heroe5 casts Web3 oriented product to address sustainable funding need

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Nonprofit funding platform Heroe5™ announced the creation of The Good Society™ to address the growing need for sustainable funding platforms for charitable organizations. The Good Society by Heroe5™ becomes the first project focused on Web3 solutions to raise awareness and support global causes working to positively impact our communities.