What we need is to look at use cases and scenarios end-to-end for their long-term business viability: Do they actually represent a business? Are Web3 technologies better than current solutions? And are they desirable in the first place or just neat ideas?

A real amusement for crypto enthusiasts as NUGEN’s feature-rich metaverse and NFT platforms are now officially launched!

Singapore Dec. 2, 2022 – FNCY, the Web3 entertainment platform presented by Metaverse World, a blockchain subsidiary of Netmarble F&C, launches its own mainnet today and they are one step closer to bring the Web3 world where people can enjoy complete access to all forms of entertainment such as games, web-toons, web-novels, K-Pop, metaverse and more to come.

On November 30th, BitKeep, the world’s leading Web3 multi-chain wallet, announced a new strategic partnership with OpenSea, the world’s leading peer-to-peer marketplace for NFTs. With a plan to grow the global NFT ecosystem, the two parties will start cooperation from the BNB chain in the initial phase.

The web developer Mozilla, mainly known for its internet browser Firefox, has joined the rush of legacy internet platforms jumping into the Web3 and metaverse development space.

In this venture, Alibaba Cloud is backed by PlatON and HashKey Group.

The Web3 and crypto entrepreneur Cordell Broadus is working to support emerging artists on the Tezos blockchain through a $1 million fund — the Champ Medici Arts Fund — in partnership with the Tezos Foundation. “I am excited to announce this partnership with The Tezos Foundation, that will bring new artists to Tezos, one of the world’s most advanced and artist-friendly blockchains. I have been an advocate for blockchain technology since its early stages and believe it’s here to stay. My mission has always been to support up-and-coming artists and to provide access to innovative forms of artistic expression, especially for minority groups. The Champ Medici Arts Fund was founded as a result of this goal. We hope this endeavour will impact artists looking to access technology for their work and look forward to building future collaborations within the Tezos ecosystem,” said Broadus in a press release. (Yahoo News)

Norway is clearly among the early adopters of Web3 technologies, both in the public and private sectors.

The Web3 Working Group, a nonprofit dedicated to education around crypto infrastructure, announced today that it’s raised $2 million from blockchain companies Arweave, The Graph, Livepeer, and Akash to fund its official launch.   

Israel-based cybersecurity startup Cyvers raised $8 million in a seed round led by Elron Ventures. Other backers include Crescendo Venture Partners, Differential Ventures and HDI.