Telos Foundation and Symmetric Finance have jointly launched a community-driven Web3 accelerator called "Telos Spark" aimed at promoting the development of the Telos ecosystem and providing support for creators and developers. It is reported that Telos Spark will also provide community-driven incubation services and financing opportunities, Web3 professional knowledge guidance, and decentralized infrastructure support for selected projects. Currently, the accelerator program is open for applications.

According to official sources on December 22nd, Web3 game trading market Prom announced a strategic partnership with DWF Labs. This collaboration will help Prom innovate and expand in the Web3 gaming field.

NTT DOCOMO Ventures, Inc. announced that it will invest in web3 company BLOCKSMITH & Co. BLOCKSMITH is also committed to developing a facial recognition Web3 wallet (patent pending), and through cooperation with the NTT DOCOMO group, it will promote the development and implementation of more convenient and secure Web3 wallets and enhance the security of blockchain games.

Recently, I noticed two numbers from Lumikai’s gaming report for 2023: India’s estimated revenue per paying user for gaming apps has grown from $2 to $19.2.Only about 0.3% of India’s gamers reported paying with cryptocurrency.  The Indian gaming landscape is a strange world that simultaneously fascinates me and goes above my head. Part of the reason is that, in my mind, gaming is the beautiful world one enjoys in Red Dead Redemption or Age of Empires, but in the market’s mind, a huge portion of what constitutes gaming is what is considered ‘real money games‘.

Last month, the o1Labs team gathered in Istanbul, a city steeped in history and vibrant culture. The days were filled with productive sessions of product planning and team building at our company offsite on Büyükada. The momentum continued in the meeting point of the world with a flurry of DevConnect’s Web3 and ZK events.

On December 21, Web3 fan platform Medallion announced the completion of a $13.7 million Series A financing round, co-led by Dragonfly and Lightspeed Faction. The platform provides an exclusive digital center for artists to promote album releases, tour dates, and merchandise, as well as sell digital collectibles and share exclusive content to deepen their connection with fans.

Paul Chan, Financial Secretary of Hong Kong, stated that the goal of Hong Kong is clear to develop as a hub for the third generation of the internet, Web3.0. Cyberport has already gathered over 210 companies involved in Web3.0, with founders from over 20 countries and regions worldwide, covering a wide range of businesses. Hong Kong released a policy statement on the development of virtual assets in Hong Kong at the end of October last year, and it has been over a year since then. The third-generation internet market is developing rapidly, with some challenges and greater opportunities. Paul Chan also stated that security is a must and development is necessary. In the pattern of winner takes all, driven by the first-mover effect and network effect in the online world, how to seize opportunities in challenges and transform them into new blue oceans is a key question in continuously leading the global Web3.0 market.

According to the official website, OKX Web3 wallet now supports Manta New Paradigm. Users can participate in New Paradigm through the OKX Web3 wallet plugin or on the OKX App. New Paradigm is an income product launched by Manta Network using the Blast mode. It has been online for three days and the total locked value exceeds 58 million US dollars. Users can pledge ETH and USDC to Manta Pacific, invite friends to participate, and get five-fold returns, including fixed returns of ETH and USDC, NFT rewards that can be exchanged for MANTA tokens, combinable rewards obtained by participating in DeFi, SocialFi, GameFi, and other activities in the Manta Pacific ecosystem, additional rewards provided by Manta Pacific ecosystem projects for users, and Restaking rewards provided by Eigenlayer. OK Web3 Wallet is a one-stop Web3 entrance that supports 80+ public chains. The app, plugin, and webpage are unified, covering five major sections: wallet, DEX, DeFi, NFT market, and DApp exploration. It also supports Ordinals market, MPC and AA smart contract wallets, gas exchange, connection to hardware wallets, and more.

Circle Developers has announced the public beta launch of its programmable Web3 wallet platform for USDC stablecoin issuer Circle. The platform allows developers and merchants to integrate Circle's programmable wallet and customize it based on the user experience of their application. They can also choose suitable wallet security and control configurations, and build services on the platform for consumers to send, receive, and store cryptocurrencies, including Circle's USDC and NFT.

Web3 cloud computing platform "4EVERLAND" completed a $2 million financing round, with participation from institutions such as Arweave, WaterDrip Capital, Bing Ventures, Forward Research, Web3.com Ventures, Arweave SCP Ventures, GTS Ventures, Hillstone, and others.4EVERLAND is a Web3.0 infrastructure driven by blockchain technology, integrating various DePIN protocols to provide developers with convenient, efficient, and low-cost storage, networking, and computing capabilities. It is committed to helping developers smoothly transition from Web2.0 to Web3.0 and building a user-friendly Web3.0 cloud computing platform.Before this round of financing, 4EVERLAND had already received grant funding from ecosystems such as Polygon, Protocol labs, Dfinity, and Arweave. 4EVERLAND previously completed a $1.5 million seed round of financing with participation from Bixin Ventures, Fenbushi Capital, FBG Capital, Mint Ventures, Random Capital.