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Coinsilium to raise £472,000 by issuing 18.9 million new shares

Coinsilium, a Web3 venture capital firm, announced the launch of a strategic financing to support Web3 operations. The investment firm will raise £472,000 by issuing 18.9 million new shares (at 2.5 pence per share). Its CEO stated that this financing will consolidate Coinsilium's position at the forefront of various Web3 technology initiatives and accelerate certain operational and investment activities.

The CEOs of Dubai DIFC and DMCC will participate in the "Web3 Summit Dubai" as official institutional partners

Web3 Summit, BlockNews, and LBank Labs will join forces with RWA Finance, METASTONE GROUP, and Cointime to host the "Web3 Summit Dubai" series of conferences. This grand event is also honored to announce that LBank Labs, one of the world's top blockchain venture capital firms, will join as one of the important partners. Through a two-day series of industry conferences, guest sharing, roundtable discussions, and private dinners, we will explore the development trends of Web3 with ecological builders and jointly build ecological cooperation within the industry. This "Web3 Summit Dubai" series of thematic conferences will cover multiple fields, including policy macro, technology, AI, Web3, and Fintech. Mohammed Alblooshi, CEO of Dubai International Financial Center (DIFC), and Ahmed Bin Sulayem, CEO of Dubai Multi-Commodity Center (DMCC), have confirmed their attendance at the summit and will serve as the guiding unit of the "Web3 Summit Dubai" summit, sharing policy prospects and strategic paths in 2024, and delivering speeches and participating in roundtable discussions at the summit.

Wu Jiezhuang: It is recommended to build an innovative Web3 financing platform for international small and medium-sized enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area.

Wu Jiezhuang, a member of the National Committee of the Chinese People's Political Consultative Conference and a member of the Hong Kong Special Administrative Region Legislative Council, submitted a proposal to the National Committee of the Chinese People's Political Consultative Conference, suggesting the construction of an international Web3 financing platform for small and medium-sized enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area. The aim is to promote the "going global" of China's specialized and innovative small and medium-sized enterprises, accelerate the interconnection of technology industries, and enhance China's leading position in the global technology services market. This not only makes use of Hong Kong's traditional financial advantages, but also relies on Hong Kong's unique position as a global digital technology center, and is committed to providing innovative financing models and international application scenarios for specialized and innovative small and medium-sized enterprises. Wu Jiezhuang emphasized that through policy support and international cooperation, this platform will promote the sustainable development of overseas investment and financing projects, explore cross-border trusted data exchange, further realize international interconnection, and help Hong Kong become a new "international cooperation zone for small and medium-sized enterprises".

Outside is Inside Again

So, I conducted this non-representative survey on Hey.xyz, wondering what the killer Web3 feature for games is. Not surprisingly, “owning your assets” won. I've been fortunate to work with some respected players in the game design community in the past, helping to define their future strategies and where the future of gaming ecosystems goes. Honestly, this was a major reason why I went full-time into Web3.
Outside is Inside Again

No-code blockchain development, explained

Developing software applications without a deep understanding of coding or conventional programming languages is known as “no-code development.”
No-code blockchain development, explained

Web3 gaming platform Portal launches BuildingBlocks Foundation

On March 3rd, Web3 game platform Portal announced the launch of the BuildingBlocks Foundation on social media, aimed at promoting the continued decentralization of the Portal protocol and ecosystem. Through community participation, grants, and decentralized growth, it will continue to bring the first billion players into Web3.

Web3 game information platform GAM3S.GG will issue token G3

Web3 gaming information platform GAM3S.GG announced on its social media platform that it will issue the G3 token. It is reported that the token will be used to incentivize platform players and content creators.

BuildBear Labs Raises $1.9M to Accelerate Development of Web3 Tools for Secure dApp Creation

Singapore-based BuildBear Labs has secured $1.9m in funding from investors including Superscrypt, Tribe Capital, and 1kx, as well as angel investors such as Kris Kaczor and Ken Fromm. The funds will be used to speed up development of the company's flagship platform, which provides developers with testing and validation solutions for secure decentralized applications. BuildBear Labs' platform is dedicated to dApp development and testing, offering developers the ability to create customised Private Testnet sandboxes across multiple EVM and EVM-compatible blockchain networks, with features including private faucets for unlimited Native and ERC20 token minting.

Nokia expects future developments in the Metaverse, Web3 and AI to lead to a surge in network demand

Nokia expects the development of the metaverse, Web3, and artificial intelligence in the future to lead to a surge in network demand and plans to fill this gap by 2030. Their "2030 Technology Strategy Report" focuses on building the future network architecture to serve emerging innovative markets. Network demand is expected to grow by 22% to 25%. Nokia will focus on investing in network equipment and services. Nokia is also focused on the value internet ecosystem, including decentralization, blockchain, and smart contracts. They plan to focus on human enhancement, spatial computing, and distributed processing in the metaverse field. In addition, Nokia is using metaverse technology to assist aircraft technicians in South Australia and conducting digital twin experiments in Finland.

Web3 sports betting platform Shuffle completes US$2.5 million in financing, with participation from Parc Capital and others

Web3 sports betting platform Shuffle has announced the completion of a new round of funding of $2.5 million. Angel investors including Karatage, Cypher Capital, Sunforge (Robbie and James Ferguson), ODA Capital, Web3 Wizards, UpsideDAO, Parc Capital, Baboon VC, Andrew Kang of Mechanism Capital, and Tristan Yver of Backpack participated. Last week, Shuffle announced key details of the distribution plan for its ERC-20 token SHFL, with a total supply of 1 billion and an initial supply of 71,126,984.56 SHFL. Token generation and airdrop activities are expected to take place in the first week of March.