Web3
Sony Partners With Astar Network for Web3 Incubation Program
Sony Network Communications, a business division of The Sony Group, has teamed up with multi-chain smart contract network Astar Network to launch a Web3 incubation program for projects that focus on the utility of non-fungible tokens (NFT) and decentralized autonomous organizations (DAO). Last month, Astar Network – one of the first parachains to come to the Polkadot ecosystem – teamed up with automotive giant Toyota on a Web3 hackathon. "The Hash" panel discusses the latest move as web2 companies expand into Web3.
Ex-Warner Music CEO Joins Web3 Firm OneOf’s Board
Warner Music Group’s former CEO, Stephen Cooper, is joining the board of directors at Web3 firm OneOf. Separately, early 2000s music sharing service Napster has acquired NFT music platform Mint Songs through its venture wing, Napster Ventures, to help bring the company into Web3. "The Hash" panel discusses the latest moves mainstreaming NFTs and Web3 and the implications for the music industry.
DigiDaigaku NFTs' Price Soar on Secondary Market After Super Bowl Ad
DigiDagaku, an NFT project by Web3 gaming company Limit Break, is seeing a pump on the secondary market after airing a $6.5 million ad touting a free mint of its Dragon Eggs collection during Sunday night's Super Bowl. The floor price on OpenSea Monday is hovering around 0.31 ETH, or about $460. "The Hash" panel discusses the potential risks of buying into ads.
Algorand Foundation CEO on Crypto-Staking After Kraken’s SEC Settlement
Coinbase CEO Brian Armstrong says he's heard rumors the U.S. Securities and Exchange Commission would like to ban retail investors from engaging in cryptocurrency staking. Algorand Foundation CEO Staci Warden discusses what this could mean for crypto stakers, as Kraken shut its staking services as a part of its SEC settlement. Plus, the latest on Algorand Foundation's partnerships in India for Web3 growth.
Rihanna Song Offered as NFT With Royalty Sharing Ahead of Super Bowl
A popular song released by music artist Rihanna was offered as a non-fungible token (NFT) through Web3 music startup anotherblock on Thursday, allowing holders to receive partial streaming royalties. The NFT drop comes ahead of Rihanna's Super Bowl LVII halftime performance on Sunday. "The Hash" panel discusses the latest move bringing together the worlds of crypto, sports, and entertainment.
Hedera's HBAR Token Spikes as Dell Joins Hedera Governing Council
Computer manufacturer Dell has become a member of the Hedera Governing Council to develop decentralized applications to help its customers with their blockchain and Web3-related ventures. Hedera's HBAR token spiked higher on the news. "The Hash" panel discusses Dell's association with blockchain and crypto that goes back nearly a decade.
A Second US Property Is Sold Via NFT, Roofstock Says
Digital real estate platform Roofstock sold a second property in Alabama through a non-fungible token (NFT). It was enabled by its Web3 subsidiary Roofstock onChain. "The buyer was a Web2 buyer," says Head of Web3 Initiatives Sanjay Raghavan. He explains how the transaction was settled.
