Nike has quickly pulled up its socks to realize that the new generation of athletes and fans are shifting their focus to the upcoming Web3 technology. Taking note of this point, Nike has announced .SWOOSH, a project that houses several virtual collections of the brand while giving its co-creators a chance to earn royalties by winning challenges.

Ramp, a company that specializes in providing fiat to crypto and crypto to fiat flows for different Web3 applications, announced it had raised $70 million in its latest funding round on Nov. 9. The funding round, which was co-led by Mubadala Capital and Korelya Capital, with participation from Balderton Capital and Cogito Capital, will allow the company to keep growing even with the current conditions of the market.

The gaming industry is the most popular segment in the entertainment industry with 3.2 billion gamers enjoying video games on their screens. With the emergence of concepts like metaverse and web3, people are taking more interest in the sector.

Line Next announced today that it hs created a teaser website for Game Dosi, a Web3-based game platform.

We are clearly still in the beginning phases of decentralized identification.

Switching to Web 3.0 to avoid FOMO in the future.

Farewell to FTX, Twitter registers as payments biz, crypto price action, NTT to invest $4 billion in Web 3.0

Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa. LBank Labs plans to establish a series of regional development funds, including regions such as Korea, South East Asia, and more. This is the first of the sequence of new investment funds from LBank Labs.

The third-generation Web is too young to comment upon and anticipate its future.

Bora Network has teamed up with Widus Partners to launch its first Gamefi fund. The two companies announced a $30 million fund that will invest in web3 products.