Glip, a Web3 gaming app that allows users to discover and play games, has raised $2.5 million. Beenext and previous investor Prime Venture Partners joined Hashed Emergent in leading the financing. The company plans to invest the money towards marketing campaigns targeted at attracting millions of gamers to web3. All of this works toward the ultimate goal of the platform, which is to become the most popular hub for online gamers on the third generation of the Internet.

Game7, a decentralized autonomous organization (DAO) operating in the web3 gaming space, has announced a grant program that will help the development of metaverse gaming. According to the firm, this venture will accelerate web3 gaming. Its official <a href="https://twitter.com/G7_DAO/status/1597232352911978496" target="_blank">tweet</a> read

<a target="_blank" href="http://www.zeeve.io/">Zeeve</a>, the leading web3 infrastructure automation platform, has added support for Avalanche Subnets, an app-specific custom blockchain solution that lets anyone create their own L1 chain optimized for their needs.&nbsp;

The Tezos Foundation has announced that it has entered into a professional services agreement with Unity. The step has been taken to integrate Unity’s Accelerate Solutions group to create a Web3 blockchain SDK. The Tezos ecosystem and Tezos Foundation have teamed up to offer the SDK as a verified post-approval solution and an arbitrary plug-in through the Asset Store to develop a Web3 game.

The fallout from the collapse of FTX spans beyond the Web3 and crypto ecosystem. Reports <a href="https://www.ft.com/content/68ca53f4-50e1-4607-8b05-a8801d8b1cb5" target="_blank">gathered</a> by the Financial Times suggest that nightclubs in Miami have been negatively affected by the collapse of the once-reputable cryptocurrency exchange.

Game7, a Web3 gaming DAO, has started a grant program with a $100 million budget amid the FTX collapse. The main objective of this grant is to help programmers in creating the tools to make Web3 gaming better and more accessible.

The Home Depot, an American multinational home improvement retailer, has stepped into the emerging Web3 space. According to the tweet made by Mike Kondoudis, The Home Depot has filed 24 applications covering its logo, name, and trademarks to incorporate into the massive Metaverse and NFT territory.&nbsp;

Cryptocurrency exchange Bitget has registered in Seychelles, Africa, to aid its global expansion plan to scale its product offerings worldwide. As a centralised exchange betting big on Web3, the company said that the lack of physical headquarters enables it to attract and recognise talents across the globe.

According to the latest tweet from NEAR India, Growfitter, which is India’s biggest move-to-earn Web3 platform, has partnered with NEAR India, NEAR Foundation’s local hub in India. To expand its operations globally, Growfitter’s integration into the NEAR&nbsp;<a href="https://blockchainreporter.net/blockchain/">blockchain</a>&nbsp;is a valuable step forward to fulfill the company’s commitment to broaden its offerings in Vietnam, the Philippines, Dubai, and Singapore.&nbsp;&nbsp;

The internet is slowly evolving into its third iteration — Web3. How will NFTs be incorporated into the Web3 paradigm?