Webtoon platform Kakao Piccoma buys 50% of Japan’s Sakura Exchange

Kakao Piccoma, a Japanese digital comics’ subscription service and subsidiary of the Korean internet company Kakao, has purchased a 50% controlling stake in the Japanese cryptocurrency exchange, Sakura Exchange Bitcoin (SEBC). That makes Kakao its largest shareholder and the deal is also expected to help Kakao offer cryptocurrency services on its Piccoma webtoon platform, and expand aggresively into Web3, according to local media reports. Piccoma is the largest webtoon platform in Japan, and in 2021 its app marked $1 billion in consumer spend after six years in the Japanese market.…

Sneaker Giant Adidas and Ready Player Me Partner to Launch AI-Generated Avatar Creation Platform – Metaverse Bitcoin News

The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas announced on Tuesday the company is collaborating with Ready Player Me, a cross-game avatar platform for the metaverse. Adidas and Ready Player Me will launch a personality based AI generated avatar creation platform featuring the Adidas Originals’ Ozworld shoe collection. Adidas Collaborates With Ready Player Me Adidas is continuing its path into the metaverse and non-fungible token (NFT) collectibles as the firm announced it has partnered with Ready Player Me on Tuesday. Basically, Ready Player Me is a…

Polygon Announces Zero-Knowledge Identity Platform for Web3 – Bitcoin News

On March 29, Polygon, the layer two (L2) scaling solution that runs parallel with the Ethereum blockchain, has announced a new identity platform called Polygon ID. While the protocol is is still under development, Polygon ID is powered by zero-knowledge (ZK) cryptography and Polygon expects a public version of the ID wallet app and software development kit (SDK) to release by Q2 2022. Polygon Reveals ID Protocol Powered by ZK Technology Polygon has introduced a new identity platform called Polygon ID that aims to bolster zero-knowledge identity for Web3 applications.…

TooNFT introduces decentralised webtoon platform to Web 3.0 via the Toomics Ecosystem

The third biggest Webtoons platform in South Korea—Toomics ventures into decentralized comics using TooNFT. Toomics, one of the leading WebToons, Comics, and Manga platforms in South Korea, will turn the tides of the Webtoons industry by introducing the TooNFT blockchain platform in this ordeal. TooNFT is a pioneering blockchain-based ecosystem that will transform the Manga, Comic, and WebToon industry by building a next-gen NFT platform. Its main features ensure the exchange of value between writers, readers, and all kinds of investors without an intermediary. This creates a see-through payment system…

Fintech Platform Nequi Plans to Get Into the Cryptocurrency Business in Colombia – Bitcoin News

Nequi, a fintech neobank which allowed Colombian citizens to test all-digital financial services, has announced its plans for expansion after having parted ways with Bancolombia, the bank that gave it its origin. These plans include an entry into the cryptocurrency world while complying with the limits set by current regulators. Colombian Nequi to Enter Crypto Market More and more neobanks are considering including cryptocurrencies in their service offerings. This is the case with Nequi, a fintech platform that is reportedly considering making an entrance into the crypto sector…

Nifty Gateway Partners With Samsung to Develop ‘First-Ever Smart TV NFT Platform’ – Bitcoin News

Nifty Gateway, the non-fungible token (NFT) marketplace has announced that the company has partnered with the electronics giant Samsung. The two firms have been working on the “first-ever smart TV NFT platform” and Nifty Gateway is already integrated into Samsung’s 2022 premium TV product lines. NFT Marketplace Nifty Gateway Partners With the Electronics Giant Samsung During the first week of January, the electronics company Samsung revealed it was getting into non-fungible token (NFT) technology and NFTs would be introduced into the company’s TV products. At the time, Samsung didn’t get…

Polygon ID platform seeks to enhance self-agency and privacy in the Web3 space

Layer-2 Ethereum scaling solution, Polygon (MATIC) has announced the establishment of Polygon ID, an identity platform designed to complement the decentralized finance and decentralized application (DApp) economies by providing users greater privacy and sovereignty within Web3. Professed to be the first identity platform of its kind to adopt cryptographic-based zero-knowledge technology, the platform will utilize Iden3’s Circom ZK toolkit, including zk-SNARK cryptography for the generation and the zk-Proof Request Language protocol to verify the authenticity of the proposed claim. Users of the platform can provide proof of their identity when…

Money Market Platform Burrow Raises $5M to Launch on NEAR

“We believe decentralized money markets act as a cornerstone for DeFi given their composability and utility,” Anjan Vinod, Vice President at ParaFi Capital, said in a note to CoinDesk. “By building natively on NEAR, we believe Burrow can integrate with other NEAR-native DeFi primitives including DEXs, liquid staking solutions, and stablecoins.” Source