Tag: Launches

Celo Launches Web3 Africa Fund to Support Blockchain Startups

Celo, a mobile phone-focused blockchain platform, launched the Celo Web3 Africa Fund to support 250 projects in developing African blockchain-based projects. The fund will select 250 projects, and in addition to financial support, it will also provide business and technical guidance for potential projects. At present, the fund is open for application. The company said it would hold corresponding seminars in Kenya, Uganda, Ghana, and South Africa. It will help blockchain projects to be listed on decentralized exchanges. The Celo network has differentiated itself from other blockchains, enabling payments with its…

Samsung Launches ‘Space Tycoon’ Metaverse Experience – Metaverse Bitcoin News

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Electronics giant Samsung has announced the launch of Space Tycoon, a metaverse-based experience built as part of the Roblox world. The gaming metaverse, which is directed to entertain Gen Z users, will feature a world in which Samsung products can be constructed by picking their fundamental components. The experience will also include a shop for buying in-game items. Samsung’s New Metaverse in Space Big companies are now focusing part of their efforts on creating enticing metaverse-based worlds as part of their strategy. Samsung, the electronics company, is launching…

Security Token Platform Tokensoft Launches Web-3-Enabled Platform, Tokensoft V2, on Ethereum, Avalanche

So far, the platform has worked to eliminate bots that can monopolize sales, ensuring real users can access and participate in popular sale events across the platform. To make sales more streamlined and less expensive, Tokensoft also employs web-3-native technology that queues users into a sale at an expected rate. This prevents users from flooding a sale all at once, which causes transaction fees on the network to spike. Source

Crypto Exchange Bitso Launches Remittance Service in Colombia – Exchanges Bitcoin News

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Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service in Mexico last year in partnership with Circle. Bitso Expand Remittances Program to Colombia Exchanges are embracing crypto as a useful tool to transfer value across borders. Bitso, a Mexican-based exchange with operations in several countries in Latam, has announced the launch of a remittance service…

South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M – Bitcoin News

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The South African company behind the so-called “crypto water token” is reported to have secured an investment of $150 million from a Bahamas-based digital asset management company, GEM Digital. Initially available on decentralized exchanges only, the H2ON token was recently listed on the crypto exchange platform Bitmart. The Water Network A South Africa-based water infrastructure firm, H2O Securities, is reported to have launched what has been described as the “world-first crypto water token.” According to the firm, the token is expected to provide access to the company’s H2O water network.…

Former Tiktok Gaming Boss Launches Metao, a ‘Blockchain Agnostic’ Gaming Company – Blockchain Bitcoin News

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Jason Fung, former head of gaming at Tiktok, the video-based social media, is launching a blockchain-based gaming startup. The company, called Metao, will focus on providing “blockchain-agnostic” solutions that will allow Web3 game creators to expand their reach and not be limited to just a chain and an ecosystem tied to a certain token. Metao to Focus on Interoperability Blockchain is becoming a big element in several companies that are trying to mix gaming with cryptocurrency. Jason Fung, who was the gaming boss at Tiktok, one of the…

VC firm Konvoy launches new $150M fund, eyes blockchain-based games

Venture capital firm Konvoy Ventures is set to fork out at least $30 million to back various cryptocurrency and blockchain-based games. The American firm announced the launch of Konvoy Fund III, with $150 million in capital that it plans to invest in a variety of platforms and technologies in the global gaming sector. According to Bloomberg, up to 30% ($45 million) of the fund will be allocated to the crypto and blockchain gaming space. Konvoy is no stranger to the world of cryptocurrencies and blockchain-based games. The firm boasts an…

Aztec Launches DeFi Privacy Bridge Aztec Connect

In March 2021, Aztec launched the zk.money protocol, which provided a privacy shield for direct Ethereum transactions. Connect moves the shield out further, allowing users to privately connect to Ethereum’s DeFi ecosystem, including popular apps like Uniswap, Lido and Aave. Private DeFi actions could include staking, lending, swaps and decentralized autonomous organization (DAO) treasury management. The Aztec network includes zero-knowledge rollup technology, which essentially bundles transactions before sending them to the Ethereum mainnet, saving money on transaction or gas fees. Source