Public blockchain Kadena launches $100M Web3 grant program

Proof-of-work (PoW) blockchain Kadena has launched a $100 million grant program to encourage Web3 development on its platform, potentially opening the door to more use cases for the layer-one protocol.  The grant program is an extension of Kadena Eco, an initiative designed to grow the Kadena ecosystem through the development of gaming, metaverse, nonfungible token (NFT), decentralized finance (DeFi) and Web3 projects. Stuart Popejoy, Kadena’s founder and CEO, said his firm will be deploying “treasury resources” to strengthen the long-term sustainability of the protocol. Web3 participants need to recognize its…

Next Earth Launches ‘Metaverse as a Service,’ Plans $60M Venture Fund

The project launched its own utility token, NXTT, at the end of January, which currently has a self-reported market cap of $181 million, according to CoinMarketCap. The token and NFT capital could self-fund the $60 million venture capital fund, said Taylor, who served as Next Earth’s token architect. However, Next Earth would rather build out its network through outside investors. Source 60mEarthFundLaunchesMetaversePlansServiceVenture CryptoX Portal

Limitless Launches ‘Metaverse as a Service,’ Plans $60M Venture Fund

Next Earth released its own utility token, NXTT, at the end of January, which now has a self-reported market cap of $181 million, according to CoinMarketCap. The token and NFT capital could self-fund the $60 million venture capital fund, said Taylor, who served as Next Earth’s token architect. Next Earth, however, would rather build out its network through outside investors. Source

Crypto Exchange Coinbase Launches Web3 Social Marketplace for NFTs in Beta – Exchanges Bitcoin News

Nasdaq-listed crypto exchange Coinbase has launched a Web3 social marketplace for non-fungible tokens (NFTs) in beta. In addition, the exchange noted that for a limited time, there will be no Coinbase transaction fees. ‘Coinbase NFT’ Officially Live in Beta Nasdaq-listed cryptocurrency exchange Coinbase announced Wednesday that “Coinbase NFT” is officially live in beta. Coinbase NFT (non-fungible token) “is a peer-to-peer community platform where creators and collectors can come together to discover, display, purchase and create digital assets,” the company described. Coinbase first announced its plan to launch an NFT marketplace…

Crypto Exchange Coinbase Launches Beta Version of Highly-Anticipated New NFT Marketplace

Top US crypto exchange Coinbase has announced that it is launching a beta version of its much-anticipated non-fungible token (NFT) marketplace. According to a new company blog post, the exchange says that starting today, beta testers will be able to create a Coinbase NFT profile to buy, sell, and trade NFTs minted on Ethereum (ETH) using a crypto wallet. “Our beta is live today! We’re taking the first step on that journey by releasing our beta. Starting today, anyone can check out the first version of Coinbase NFT at nft.coinbase.com…

TradeStars Aims To Impress As The Platform Launches New DFS Feature – Press release Bitcoin News

press release PRESS RELEASE. TradeStars has recently announced the launch of their brand new feature, Daily Fantasy Sports (DFS). The launch of DFS shall link the DeFi trading layer with that of the DFS gaming layer via that of a P2E (Play To Earn) model. In this way, TradeStars users can seamlessly trade fantasy stocks in addition to also being allowed to compete against one another through various kinds of DFS contests as well as be able to earn digital and monetary rewards. Why is this important? Fantasy sports has…

Framework Ventures Launches $400M Fund to Back Web 3 Gaming, DeFi

“Founders understand our cultural influence in the space because our affiliate, Framework Labs, has spent the last three years building alongside them, running nodes, participating in on-chain governance, building tools, staking and more,” said Spencer in the press release. “We believe we’re well-positioned to outperform our competitors, including the Sand Hill set that is only now coming into crypto and Web 3.” Source