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December 2022

Brand Building On-Chain: Why Marketers Are Shifting Investment into Web3

Brand Building On-Chain: Why Marketers Are Shifting Investment into Web3

Leave a Comment / Web 3.0 /

In 2022, brands spent $297.5 billion on marketing in the US. Advertisers spend more than $1 trillion worldwide. Despite the prospect of a looming recession, many marketers expect their budgets to increase in 2023. Reaching the public is challenging on Web2. Despite the rapidly evolving digital media landscape, it still needs to be fixed for […]

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NFT Displays Go 3D With Investment Boost from Christie's Venture Arm

NFT Displays Go 3D With Investment Boost from Christie’s Venture Arm

Leave a Comment / NFTs /

Christie’s auction house goes beyond digital frames to showcase NFT art, utilizing 3D holographic technology to showcase traditional and blockchain-based art across its global galleries. His insider investment firm, Christie’s Ventures, invested an undisclosed amount in Proto Inc., a maker of holograms, which became the fourth company in his portfolio. Proto and Christie’s have collaborated

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Game Studios Promise More Fun with Collaborate-to-earn Model

Game Studios Promise More Fun with Collaborate-to-earn Model

Leave a Comment / News /

The GameFi industry has gradually evolved from a “play to win” model to one where tokenomics are subordinated to the game’s fun, which some call “play and win.” Now, the creators of Metaverse Game Studios’ upcoming Web3 game Angelic seek to establish the “collaborate to win” GameFi paradigm. “Now you can contribute to your favorite

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DeFi, NFT, blockchain games: Key takeaways from DappRadar's 2022 review

DeFi, NFT, blockchain games: Key takeaways from DappRadar’s 2022 review

Leave a Comment / Blockchain News /

2022 will be a challenging year for the cryptocurrency and blockchain space, but the adversity they have faced has been fraught with positive implications for the decentralized application (DApp) ecosystem. DappRadar has published its annual report on the industry, focusing on challenges faced alongside notable technological achievements and a growing number of daily active users.

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Crypto platform Paxful removes ETH from its marketplace

Crypto platform Paxful removes ETH from its marketplace

Leave a Comment / Ethereum News /

Peer-to-peer cryptocurrency exchange Paxful has removed Ether ETHtickers, Ethereum’s native token, from its marketplace for $1,210, citing several concerns about the world’s second-largest cryptocurrency by market cap.  Ray Youssef, CEO of Paxful, announced the move in a message to around 11.6 million platform users, which he later shared on Twitter. Youssef highlighted three key concerns

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Ankr Confirms M Crypto Hack Was an Inside Job

Ankr Confirms $5M Crypto Hack Was an Inside Job

Leave a Comment / Cryptocurrency /

Cryptocurrency startup Ankr says a former employee instigated the theft of $5 million from its platform earlier this month. Code that enabled unlimited token minting, implemented in the Binance branded BNB chain. On Tuesday’s blog, the Decentralized Finance Protocol said a former team member was behind the attack. He did not name or identify the

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4 legislative predictions for crypto in 2023

4 legislative predictions for crypto in 2023

Leave a Comment / Cryptocurrency /

If you’ve seen the returns in my cryptocurrency portfolio this year, you would be disregarding my predictions about the direction of the cryptocurrency market. I’ll thus stick to my strengths and offer some regulatory forecasts for the bitcoin sector. Few legislative changes Small victories will make it possible to pass “must have” legislation, such as

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What Is 'Web5' and How Is it Different From Web3?

What Is ‘Web5’ and How Is it Different From Web3?

Leave a Comment / Web 3.0 /

The world is still collectively pondering Web3: a decentralized set of protocols adding a (arguably) censorship-resistant financial layer to the Internet. So why did Jack Dorsey, creator of the web2 platform Twitter, skip this step? To what he calls “Web5”? It turns out that despite the name, Web5 doesn’t follow Web4. Announced in June 2022

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Spain Will Provide 8 Million Euros in Grants to Develop Video Game and Metaverse Experiences

Spain Will Provide 8 Million Euros in Grants to Develop Video Game and Metaverse Experiences

Leave a Comment / News /

The development of video games and narrative metaverse experiences will receive 8 million euros ($8.5 million) from the Spanish Ministry of Culture and Sports. In 2023, the program which is a component of the Spanish “Recovery, Transformation, and Resilience Plan”will provide grants to initiatives that will serve as incubators for these areas. Spain Directs 8

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India’s central bank warns crypto to cause next financial crisis if allowed to grow

India’s central bank warns crypto to cause next financial crisis if allowed to grow

Leave a Comment / Cryptocurrency /

As the cryptocurrency sector continues to grow despite the occasional hiccup, not everyone agrees with the nascent asset class. Some even warn of a major financial crisis if digital assets are allowed to thrive. One such critic is Shaktikanta Das, the governor of the Reserve Bank of India, who has raised concerns about the rapid

India’s central bank warns crypto to cause next financial crisis if allowed to grow Read More »

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