Weekly Highlights | August 22/08/22
Tencent Suspends NFT Sales on Its Huanhe Platform
Tencent is suspending its Huanhe digital asset platform as the Chinese tech giant is under the regulator’s spotlight.
As a consequence, the Huanhe platform will no longer support the sales of digital assets. However, if you have digital assets there, know that you can still keep them on the platform or request a refund.
Binance’s BNB Chain Is Bringing a Web 3.0 Course to Latin America
The Binance blockchain network, the BNB Chain, is collaborating with Platzi, an educational platform in Latin America, to launch a web 3.0 development course. The course is explicitly created for Latin Americans, and the target is to be available to 30,000 students by year-end.
The course will help developers grow their skills and then help drive the adoption effort of Web 3.0 education and blockchain technology in Latin America.
Education alongside accessibility is the most significant hurdle to the web 3.0 industry. This is evident even among those who buy cryptocurrency, as some don’t know how blockchain technology works. For example, a report by Motley Fool shows that 10% of crypto holders don’t know how it works.
As such, education is essential to broaden knowledge about Web 3.0 in Latin America, a region where Web 3.0 technology and its application have the power to change the narrative of the financial setting of the local population.
Zelcore Unveils the World’s First Gateway for Web 3.0
The world’s first gateway for web 3.0 is here, thanks to Zelcore. The platform will offer the simplest way to manage, trade, find, and own digital assets and data. Zelcore is offering a consumer-friendly way into the world of Web 3.0+DeFi while maximizing yields. Any other platform in the market does not provide this. The goal is to give users a better experience by simplifying the complexity of Web 3.0.
A lot more events unfolded this week…
- An early-stage Web 3.0 venture fund created by CoinFund has raised $300M for investing in early-stage crypto companies and projects. The venture fund platform is called CoinFund Ventures I, and it is backed by crypto-native founders, institutional investors, and family offices.
- Digital asset startup Boss Beauties, a women's empowerment brand, signed a representation deal with WME. The platform will act for Boss Beauties exclusively in all areas, including Web 3.0.
- The beloved Nakagin Capsule Tower in Tokyo could also become an icon in the metaverse. OpenSea is collaborating with the tower’s original designer to bring it to life in the digital world.
- Meta is launching the Horizon Worlds Metaverse App in France and Spain. This is part of the company's plan to expand its metaverse project across Europe.
- The two most prominent football clubs in Spain, Real Madrid and FC Barcelona, are filing trademark applications for some elements in the metaverse.
- An Ivy League school is offering the first of its kind certification in the metaverse. Wharton is offering a new six-week online program called Business in the Metaverse, making it the first Ivy League certificate program on the metaverse.
This concludes our exciting coverage for this week. There is always something ready to blow our minds in the ever-growing web 3.0 industry, and we don’t want you to miss it!
Make sure to join us next week for more.