Web3

Animoca Brands Co-Founder on Global Web3 Developments
Data from the analytics platform Dune shows that the number of daily users and sales have dipped across non-fungible token (NFT) marketplaces, reaching new lows not seen since July 2021. Animoca Brands co-founder and Executive Chairman Yat Siu joins "First Mover" to discuss sentiment around NFTs, the metaverse, and Web3 developments across the globe.

Rep. Patrick McHenry: Europe "Ahead of the Game" in Web3 with MiCA's Passage
Rep. Patrick McHenry (R-N.C.) discusses his reaction to European Union lawmakers voting in favor of the new crypto licensing regime MiCA. The comprehensive regulatory framework puts Europe "ahead of the game" in Web3 and "should send chills up the spines of Americans," the Congressman added.

Microsoft Taps Space and Time to Add Live Blockchain Data for Azure Cloud
Microsoft (MSFT) and decentralized data platform Space and Time are working together to make real-time blockchain data available to developers directly from the Microsoft Azure Marketplace. This comes as Yoz Labs, a Web3 notification platform, has raised $3.5 million to further its aim to make scalable messaging rails that would enable developers to send immediate on-chain notifications directly to users.

Metaverse-Focused Gala Games to Airdrop Version 2 Tokens in May
A new version of the native tokens of metaverse-focused Gala Games will be airdropped to users on May 15, developers said in a blog post on Tuesday. "The Hash" panel discusses the larger implications for Web3 gaming and digital ownership.

Lamina1 CEO on Mainstream Adoption of the Metaverse
Lamina1 is a layer one blockchain ecosystem that’s set on providing the infrastructure for Web3 developers to build the “Open Metaverse.” During CoinDesk's "Projects To Watch" week, Lamina1 CEO Rebecca Barkin discusses mainstream adoption of the metaverse, noting it will rely on a "cultural movement."

Crypto Exchange Bitget Launches $100M Fund Targeting Asia-Focused Web3 Startups
Seychelles-based crypto exchange Bitget has started a $100 million fund targeting Web3 startups as Asian countries build a framework for developing Web3. "The Hash" panel discusses the potential outcomes and the future of crypto in Asia.

Japan Greenlights White Paper to Promote Web3 Growth in the Country
Japan's ruling Liberal Democratic Party's Web3 project team has published a white paper laying out recommendations for growing the country’s industry. CoinDesk Executive Director of Global Content Emily Parker weighs in on the state of Web3 adoption in Japan and the regulatory headwinds in the U.S.

How Decentralized Threads Build Web3
The Computing Sector includes assets that serve as platforms to decentralize the traditional web services that have played a prominent role throughout Web2 computing.

Polygon ZkEVM Mainnet Beta Goes Live; Ethereum’s Buterin Sends First Transaction
Ethereum scaling platform Polygon released its zero-knowledge Ethereum Virtual Machine (zkEVM) beta to the public, and Ethereum blockchain's co-founder Vitalik Buterin was granted the privilege of initiating the first transaction. Polygon co-founder Sandeep Nailwal discusses the zkEVM technology and how the company is pushing for mainstream adoption of Web3 with recent partnerships.

