Tag: Web3

Morningstar Ventures, an investment firm focused on blockchain technology and digital assets, announced the opening of 37xDubai, its first-ever interactive digital art gallery in central Dubai. Located in the Burj Daman Tower, the city’s lifestyle and business hub, this unique NFT art gallery has been established to promote Web3 technology and Web-3-based education, digital/traditional art,…

Illuvium Labs has launched a private beta for “Illuvium: Overworld” – the second of six Web3 games the team has planned over the next two decades. An alpha release of “Illuvium: Zero” could also be rolled out before Christmas. A new game for Illuvium Labs has gone live for the 30,000 lucky community members selected…

Warner Music Group, the major record label, announced on Dec. 6 a multi-year partnership with the Ethereum sidechain network and the Web3 music startup. Artists signed to Warner Music Group labels will be able to release music NFTs through the upcoming Polygon-based marketplace LGND Music. LGND Music is an online marketplace set to launch in…

Aave Companies has acquired Sonar, a mobile metaverse app whose users pilot NFT-linked avatars through digital worlds, with plans to integrate its Lens social media protocol with the platform. Following the acquisition, Lens Protocol will be integrated into a game app with about 20,000 monthly active users. Software development company Aave Companies announced on Dec….

Top crypto news from the Middle East region over the last week (Nov. 25 – Dec. 1, 2022): OasisX: The Middle East going through a digital renaissance OasisX, the nascent curated multichain non-fungible token marketplace, aims to drive the adoption of NFTs in the MENA region and embrace Web3 in several ways integrating NFTs, blockchain,…

Blockchain gaming group Animoca Brands plans to launch a fund of up to $2 billion to invest in metaverse startups in the mid and late stage, the company’s co-founder and CEO Yat Siu said. The fund aims to strategic investments in Web3 ecosystem development rather than pursuing financial returns. Animoca Brands CEO, Yat Siu, said…