Based on the Base extension platform, B3.fun has now launched the Ethereum game platform BSMNT. According to B3.fun, one of the biggest problems for on-chain games is discovery. This is why they have launched the first major product, the BSMNT Beta version, which is a discovery platform that changes the way users discover and experience on-chain games.

DoraHacks.io, a global developer incentive platform, passed the 10,000th BUIDL project submitted, making it the platform that has received the most submissions of Web3 and cutting-edge technology projects in global hackathons and open-source developer communities.<br>Since its launch in 2021, DoraHacks.io has had nearly 160,000 active developer users worldwide, with 10,000 early-stage developer projects approved for review. DoraHacks.io has also become a major platform for showcasing Web3 and cutting-edge technology development projects, participating in hackathons, and applying for funding.

In response to Trump's speech at the Bitcoin conference, Hong Kong Legislative Council member Wu Jiezhuang expressed his views on X platform: Bitcoin and Web3 are important nodes in global development and should be encouraged for global development. In the future, under compliance, Bitcoin can be considered as part of strategic financial reserves. I believe that the government of the special zone will responsibly and gradually open the market.

Web3 game launcher and game infrastructure GGEM, designed specifically for blockchain technology and encryption and chain games, announced the completion of new financing. IBC Group and GensoKishi participated, but the specific amount and valuation data have not been disclosed. It is reported that the new funds will support GGEM to introduce more games into its game launcher, expand its community and game partners, and build and integrate encrypted wallets.

The new holographic display could give NFTs the Pokemon Go treatment.

The Hong Kong Legislative Council is actively seeking feedback on several critical aspects of Web3 policy development, including balancing technical, legal, and regulatory frameworks.

On June 16th, according to CryptoSlate, the Web3 Foundation has launched a prize pool of 10 million DOT tokens (approximately $65 million) to support the deployment of Join-Accumulate Machine (JAM) upgrade to the Polkadot ecosystem. On May 27th, Polkadot founder Gavin Wood revealed that the community had nearly unanimously approved the upgrade proposal.The foundation stated that its initiative aims to promote innovation and enhance the Polkadot ecosystem by implementing various JAM protocols, thereby improving the network's resilience. The 10 million DOT award encourages the creation of JAM implementations in various programming languages, including OCaml, Go, and Zig. Qualified participants must reach specific milestones, such as importing and outputting blocks, meeting performance standards on Kusama and Polkadot, and passing security audits. The plan aims to ensure the development of a decentralized network capable of handling various computing tasks.The foundation stated that JAM provides a universal environment to ensure the scalability of L2, independent of rollup solutions, and meets the diverse needs of any application. It added that the community's strong support for JAM indicates a willingness to accept decentralized innovation while maintaining high standards. Although the upgrade schedule is currently unclear, its implementation will be carried out in five steps, including importation, authoring, speed checks, and security audits.

Web3 game publisher Sidus Heroes announced the completion of a new round of financing on the X platform. Cryptocurrency trading market maker DWF Labs participated in the investment and reached a partnership with Sidus Heroes. The specific financing amount has not been disclosed yet. Sidus Heroes has currently used blockchain technology to create a space-based game metaverse, with products including Xenna, Tembazar, Nidum, and more. It is reported that DWF Labs will support Sidus Heroes' project development and growth, and provide the necessary tools and network for market development.

Web3 social application Halo announced the completion of a $3 million seed round financing on X platform, with participation from IDG Capital, HashKey Capital, Kucoin Ventures, Cyberport, and a group of Web3 angel investors. In addition to these investments, the digital harbor incubation program supported by the Hong Kong government also provided further support for Halo's development. Halo positions itself as a social monetization layer and upgraded its Halo Genesis Pass to Halo Membership Pass (HMP) in April of this year. It is reported that Halo will soon launch an Influencer Badge and integrate with Farcaster, aiming to help creators deepen their connection with their audience and monetize their social influence in innovative ways.

Griffin Gaming Partners, a Web3 game investment fund, announced that the fundraising target for its third flagship fund is $500 million, which is about 33% smaller than its previous fund. The fund has not responded to requests for comment on why it has lowered its fundraising target. Griffin Gaming Partners raised $750 million for its second flagship fund in 2022, when venture capital enthusiasm for Web3 and crypto games reached its peak, but the subsequent bankruptcy of FTX caused the market to slump. As of now, Griffin Gaming Partners has invested in multiple Web3 game studios and infrastructure companies, including game content creator platform Nexus, Web3 game launch platform HyperPlay, Web3 game studio Gallium Studios, blockchain game developer UnCaged Studios, blockchain game studio SuperTeam Games, blockchain game company N3twork Studios, and also led Forte's $180 million Series A financing.