Web3 | Page 2

They will also lead joint research in Web3, blockchain, gaming, AI, and the metaverse; get into partnerships with local universities to educate youth in the same; and develop immersive experience labs that showcase the latest in gaming, technology, and digital innovation

While cryptocurrency has always been in the limelight, Gupta and DBF are betting on the underlying infrastructure. Having been an early-stage investor in Polygon, she believes that the idea of infrastructure still needs to be revived

The capital influx will help to develop the Avail trinity. Avail Trinity is a three phase roadmap to enable a secure, scalable and seamlessly interconnected web3 experience for end users of any ecosystem. The phases are Avail DA, Avail Nexus, and Avail Fusion Security

The future plans for Mudrex include expansion into EU markets and forging partnerships for Saber.Money

Reportedly, the partnership with each will go live in Q1 2024

While Bitcoin bounced back, having its value tripled since the beginning of 2023, it still falls below an all-time high of about USD 69,000 it achieved in November 2021

Bitcoin ETF are pooled investments, which trade on stock exchanges, much like stocks, and track the price of Bitcoin directly. With an ETF, you only own shares of a fund that has made investments in Bitcoin rather than Bitcoin itself. One is able to buy and sell throughout the day

Having started Animoca Brands in 2014 as a mobile games developer, Yat Siu pivoted the startup towards blockchain gaming and NFTs in 2018. Gaming has been one of the fastest adopters of it since it is a digital-first and a digitally native experience

Founded in 2022 by Kupathil, Nitin Kumar, Ankush Tiwari, and Saurabh Radhakrishnan, zbyte offers its low-code/no-code-decentralized platform (dPlat) to streamline the creation of dApps

Talk about technology, and India's mention is a sure-shot occurrence. At present, the country has 450+ Web3 startups. According to Arthur D. Little's report, India's Metaverse and Web3 market is projected to reach USD 200 billion by 2035

How do Ravi Krishnan and his team at Flipkart Labs assess what to toy and experiment with among 80+ product categories? They focus on core customer needs, consumer understanding, and category understanding

Joash Lee, 20-Year-Old Venture Partner at VNTR Capital Is Creating Buzz in ClimateTech and Web3 as He Hunts for the Next Game-Changing Unicorn

In 2017, Nailwal co-founded Polygon Labs (formerly Matic Network) as an easy-to-use platform for Ethereum scaling and infrastructure development. In 2023, it is one of the largest players worldwide in the Web3 space with a total funding of USD 451M

The Indian epic can be experienced in a universe where users navigate through the Puranic Realms, relive epic battles, and craft their legends within the Mahabharata's narrative

Purple Pay is a startup which aimed at offering cross-border payments using the blockchain technology. The startup aimed to solve the regulatory concerns by creating KYC-compliant protocol through ZK-enabled decentralized identity, to combat money-laundering activities

MeitY is also fostering talent in this space through initiatives such as the TIDE 2.0 Scheme, SAMRIDH Scheme, Next Generation Incubation Scheme (NGIS), FutureSkills PRIME, and Support for International Patent Protection in E&IT (SIP-EIT) Scheme, shared Union Minister of State for Electronics and Information Technology

The world's most popular cryptocurrency Bitcoin has bounced back and has returned to hover above its $41,000 mark for the first time since May 2022. Since early October, Bitcoin has rallied by more than a third.

This feature will make MetaMask the first self-custody web3 wallet to integrate native security alerts and will be made live on the MetaMask mobile app in November-end

As a part of the partnership, NEOM Investment Fund will be infusing USD 50 million in Animoca Brands while Amimoca Brands will be working with NEOM on building Web3 enterprise service capabilities with global commercial applicability

Saber.Money will aim to offer best conversation rates and easy integration for applications to accept fiat-to-crypto deposits and withdrawals seamlessly. It will also support payment methods such as UPI, IMPS, NEFT, and RTGS to ensure that transactions take less time while adhering to compliance and regulations in India.

The current status of cryptocurrency worldwide may be down and affected, but in times of need, it surely is emerging as a tool to empower the affected parties.