Friend.tech, the blockchain-powered social media app that gained rapid popularity and endorsement from both crypto insiders and mainstream figures, is facing a significant downturn just weeks after its launch. During its initial days in closed beta earlier this month, Friend.tech demonstrated remarkable success by generating $1.68 million in fees within a
Tag: web 3.0
Last Week In Crypto: Rollercoaster Rides and Surprising Twists
How Web3.0 community-based protocols are delivering colossal value to its users
Gavin Wood, Ethereum's co-founder, popularized the phrase "Web 3.0" immediately after Ethereum's introduction in 2014. Gavin recognized the most serious problem with the Web: it demanded too much trust. Meaning the Web that people know and use today, pivots on trusting a few private companies to act in the public's
The Coolest Web3 Community – Green Light!
Binance Labs Closed a $500M Investment Fund
The venture capital and incubation arm of Binance, Binance Labs, successfully closed a $500M Investment Fund for boosting the development of Blockchain, Web 3 and value-building technologies. The funding round saw participation from several leading global institutional investors such as DST Global Partners and Breyer Capital. Several other private equity funds,
NFT Bytes – The next agenda by Blockchained India in Initialize Metaverse
With the growing demand for crypto and blockchain projects, there is a need to provide quality education about the industry for the users to navigate it better. Blockchained India has taken upon it to generate awareness about crypto, blockchain, and other avenues by hosting virtual meetups in Initialize Metaverse. Blockchained India
Worldpay from FIS becomes the first global merchant to facilitate direct USDC Settlement!
FIS is a financial technology leader that recently announced its subsidiary Worldpay would become the first global merchant acquirer to offer global merchants the ability to transact directly in USDC, a reserved stablecoin. This step by FIS will bridge traditional finance with decentralized finance and open up the doors for
Initialize Metaverse: The New Metaverse Hotspot
If social media has been an important communication tool, then the “metaverse” could be the next frontier of connectivity and interaction. Every metaverse environment will be culturally specific, nuanced, and immersive, creating opportunities for varied means of communication. It's important to understand that the Metaverse isn't a pinpoint virtual world,