Web3’s first billion users may not only be humans, but AI agents, signalling a nascent but growing "agent economy"—an onchain economy run solely by AI agents that is turning the crypto-AI dream team into a reality.

According to official sources, on the afternoon of March 25th, CiCi, the person in charge of Shenzhen Innovation Academy in Malaysia, announced at the first Asia Digital Economy Innovation and Development Lighthouse Summit that the STAR TECH WEB3 incubator has officially been established. CiCi introduced the support that the incubator can provide, including technology, venues, funding, and more. Kuala Lumpur currently has relatively free regulatory policies for the WEB3 industry. After comprehensive inspections in multiple locations, Shenzhen Innovation Academy has decided to establish a base in the EQ Building in the center of Kuala Lumpur, and use Kuala Lumpur as a base to layout the WEB3 financial market in Asia and even the world, inviting everyone to join in co-creation.

Web3 racing game R Games has announced the completion of its strategic round of financing. Oddiyana Ventures, Fundland Capital, Qu Ventures, BMW Capital, Ferrum Network, and LABS Group participated, with the specific amount currently undisclosed. R Games will introduce digital rewards such as cryptocurrency and NFTs into the racing game, and the new funding will drive its plans to accelerate the integration of augmented reality and virtual reality.

Loneliness is a growing economy, and this Web3 game aims to introduce AI-powered digital companions to stabilize it.

The AVAX ecological social reasoning chain game Castle of Blackwater announced the launch of a $3.65 million IDO financing, including a seed round of $750,000, a strategic round of $1 million, a private placement round of $600,000, and an open round of $1.3 million. It is reported that the chain game project has received support from many Web3 institutions, including Seedify, Avalanche, Beam, Neo Launch, Merit Circle, Faculty Group, Metrics Ventures, etc. According to official disclosure, the total supply of COBE tokens under Castle of Blackwater is 100 million, of which 1 million are initially allocated to the community, and 10 million, 10 million, 4 million, and 6.5 million are respectively allocated to the seed round, strategic round, private placement round, and open round.

Upland, a web3 management game that allows players to manage digital versions of real-world locations, has launched its "Share and Build" airdrop campaign to reward the community before the release of its new Ethereum-based token. Users can earn points by interacting with social media posts and completing missions in the Upland app during the three-week campaign. These points can be converted into the new ETH token at a later date. The campaign offers 10 reward tiers based on engagement levels and social metrics, and participants can also receive a boost to their tier ranking by engaging with selected Upland partners.

Decima GP Limited announced that its fund, Decima Fund, has raised approximately 4.5 billion Japanese yen (approximately $30 million) this week to support the Web3 industry. The purpose of this fund is to incubate domestic projects aimed at expanding overseas and overseas projects aimed at expanding in Japan, as well as investing in listed tokens. It is jointly operated by gumi Co., Ltd., MZ Cryptos Co., Ltd., SBI Holdings Co., Ltd., and Animoca Brands Limited. With this funding, Decima GP Limited will expand the influence of Japanese Web3 companies globally (currently, it has decided to invest in 10 projects) and support global participants to enter Japan.

Alumni from Massachusetts Institute of Technology and Harvard University have jointly launched a startup accelerator focused on supporting early-stage web3 founders associated with any institution.

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.

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.