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Web3 artificial intelligence engine Orbofi AI launches V2.1

On May 18th, according to official sources, the Web3 artificial intelligence engine Orbofi AI released version 2.1, providing over 2.5 million voice-driven, multi-mode, and personalized AI clones. Users will be able to create their own personalized AI companions and import them into platforms such as WhatsApp, Messenger, Discord servers, Subreddits, and more.

OKX Ventures invests in Web3 ‘play ARPG to train AI’ game Blade of God X

The game is currently available in early access on the Epic Games Store.
OKX Ventures invests in Web3 ‘play ARPG to train AI’ game Blade of God X

Web3 game Nyan Heroes donates over $350,000 to animal rescue groups

Web3 game Nyan Heroes combines traditional gaming elements with blockchain technology to enhance player ownership and participation, emphasizing the pursuit of permanent ownership of player digital assets. In addition, Max Fu, CEO of Nyan Heroes developer 9 Lives Interactive, stated that Nyan Heroes is committed to making a real-world impact, having donated over $350,000 to animal rescue organizations, demonstrating their passion for charitable causes. (Benzinga) Earlier in March, Web3 shooter game developer 9 Lives Interactive announced the completion of a $3 million financing round led by Mechanism Capital, with participation from Delphi Digital, Sfermion, 3Commas Capital, Momentum 6, Kosmos Ventures, Devmons GG, and CSP DAO. The new funds will be used to support the global release of their first game, Nyan Heroes.

Web3 authentication tool Privy integrates with Instagram

According to official sources, Web3 identity verification tool Privy has announced that it has integrated with social media giant Instagram, and dApps and protocols can now choose to add Instagram as a login option for Privy. In addition, according to Privy's official blog, its protocol now supports Telegram mini-program development, and developers can integrate Privy into mini-programs to provide identity verification and self-hosted wallet services.

Web3 digital asset company Alpha Transform Holdings makes strategic investments in Arhasi and Cloudbench

Web3 digital asset company Alpha Transform Holdings (ATH) announced strategic investments in Arhasi and Cloudbench, with specific amounts not yet disclosed. Its CEO and Alpha Sigma Capital Managing Partner Enzo Villani has joined the advisory committees of both companies. It is reported that emerging technology consulting company Cloudbench is a Google partner, while Arhasi is an artificial intelligence solution engineering company. Both companies focus on four professional fields: artificial intelligence/machine learning engineering, data services, cloud engineering, and Web3 development, including building artificial intelligence models and dApp development.

Mirror's parent company received $10 million investment from Electric Capital to develop new products, and a16z crypto and others provided donations

Reflective Technologies Inc., the parent company of Mirror, revealed that it has raised $10 million from Electric Capital, with additional donations from a16z crypto, Union Square Ventures, and Variant, to develop a new product called Kiosk. Currently, Kiosk is still in development and searching for a founding team, and will use Farcaster to enhance blockchain-based transactions within social communities.

Web3 security service provider Resonance Security completes $1.5 million Pre-Seed round of financing

Resonance Security, a comprehensive web3 network security service provider, has completed a $1.5 million pre-seed round of financing. Arca, Fabric VC, and Blockchain Founders Fund jointly led the investment, but specific valuation information has not been disclosed. Resonance Security was established in March 2023 and has developed a unique network security service to address 70% to 80% of attack vectors that are often overlooked in traditional web3 project audits, including penetration testing, extensive code audits, and next-generation security tools designed to protect organizations from current and emerging threats.

Barcelona-based Web3 Video Games Startup GFAL Raises $3.2M in Seed Funding to Expand Team and Accelerate Production Plans

Barcelona-based startup GFAL has secured $3.2 million in seed funding from investors including Supercell Ltd and Mitch Lasky. The company plans to use the funds to expand its team and accelerate its game production plans, which leverage AI and Web3 technology for immersive gameplay. GFAL's Elemental Raiders mobile game soft-launched in March 2023, with plans to build on this for a 2024 launch. CEO Manel Sort expressed gratitude for the investment and excitement to work with former colleagues from Digital Chocolate.

Animoca Brands and Saakuru Labs Form Strategic Partnership to Accelerate Web3 Gaming Development

According to official sources, Animoca Brands has announced a strategic partnership with Saakuru Labs, the developer of the consumer-centric L2 Saakuru protocol that offers zero transaction fees. The partnership aims to promote the adoption and integration of Saakuru Labs' blockchain technology, accelerate the development of Web3 games, and plan to integrate Animoca Brands' ecosystem games into the Saakuru protocol, leveraging Saakuru Labs' gasless technology.

Wu Jiezhuang, a member of the National Committee of the Chinese People's Political Consultative Conference, suggested that Hong Kong refer to IPO to provide innovative financing models for Web3

Wu Jiezhuang, a member of the National Committee of the Chinese People's Political Consultative Conference and a member of the Hong Kong Legislative Council, wrote an article in the Hong Kong Wen Wei Po titled "Leading the Digital Economy by Adapting to the Web3 Trend". The article pointed out that developing Web3+ has both advantages and new challenges. The Hong Kong government has taken an important step in the direction of developing Web3 and the digital economy by formulating a short- to medium-term strategic development blueprint, ensuring that policies and resources are in place, and promoting the construction of Web3+ application scenarios. Focusing on Web3, establishing an international innovation financing platform can not only help Hong Kong leverage its traditional financial advantages, but also help it become a global digital technology center. It is suggested to refer to the mature mode of existing enterprises' IPOs in Hong Kong, provide an innovative financing model for Web3, and create a market trend and service competitive advantage to promote the development of the industry and attract upstream and downstream of the industry chain at home and abroad to gather in Hong Kong.