This Week in DAOs + Web3 - Aug 17, 2023

A roundup of the most exciting developments in DAOs and web3.

Highlights

🧒🏽 New Kid in Town - Coinbase has launched the mainnet for Base, its Ethereum layer-2 network, to encourage the development of millions of new decentralized apps.

👩🏻‍💻 Build-a-DAO - Aragon, a DAO creation protocol, launched its no-code Aragon app and modular Aragon OSx on Coinbase’s Base network, facilitating the easy creation of DAOs.

🪙 CBDC Launcher - The MIT digital currency initiative has introduced an open source, programmable platform for central bank digital currencies.

💳 Simple Pay - Visa has unveiled an experimental solution on the Ethereum blockchain that enables users to quickly pay gas fees using their Visa credit or debit cards.

🤖 BlockchAIn Technology - Layer-1 blockchain developer Aptos Labs is using Microsoft's artificial intelligence technology to deploy offerings that combine blockchain technology and AI.

🧑‍🏫 Donations Accepted - Ordinals, the protocol that allows NFTs to be added to the Bitcoin blockchain, aims to bolster protocol development by funding the team’s core developers through the establishment of a non-profit organization.

World Wide Web3

⚽ Barça Vision - Spain’s FC Barcelona has secured a $132M investment from Libero Football Finance and Nipa Capital for club-branded NFT and web3 projects.

🇮🇳 Web3 Support - In pursuit of more secure digital transactions, India plans to allow users to use crypto tokens to digitally sign documents in an indigenous web browser.

🇧🇷 DREX Reveal - The Brazilian central bank digital currency has been christened DREX and its visual branding has been explained and revealed.

🏯 Asian CBDC - Japanese blockchain startup Soramitsu is pursuing cross-border, digital currency payment solutions for SE Asian countries.

🇳🇬 Proof of Authenticity - Nigeria’s government will fight counterfeiting by employing blockchain technology to verify National Youth Service Corps certificates.

🇮🇳 Money Talks - The Reserve Bank of India is exploring the potential of an AI-powered system that will initiate and complete transactions through conversation within the Indian Unified Payments Interface.

🇿🇼 Zimbabwe Gold - The Reserve Bank of Zimbabwe will introduce a gold-backed digital currency to help stabilize the local currency, the Zim dollar.

Show Me the Money

🌊 Fluid Support - Binance’s venture arm, Binance Labs, has invested $10M in Helio Protocol to support its transition to a multi-chain liquid staking platform.

💵 Security Bounties - Spearbit raised $7M in a funding round led by Framework Ventures to create an open marketplace for cryptocurrency security audits.

💰 Advancing Bitcoin - Bitcoin wallet Xverse has raised $5M in a seed round led by Jump Crypto to develop advanced features related to Stacks, Lightning, and other Bitcoin scaling solutions.

Listen + Learn

🎧 Cross Future - In Redefining Blockchain from the DAO Talks by Tim Delhaes, Rahul Sethuram, Co-Founder and CTO of interoperability protocol Connext, dives into the inevitable future of web3 with the rise of rollups and multi-chain ecosystems. 

🗺️ Intelligent Maps - In Optimizing Global Mapping, Drew Simon of the Crypto Altruism podcast speaks with Navigate advisor Ali Husain about how organizations like Navigate are optimizing global mapping with blockchain, AI, and crowdsourcing.

Coming Up in DAOs and Web3

🇭🇷 August 16-18: Metafest, Croatia
🇹🇷 August 21-25: Istanbul Blockchain Week
🇮🇩 August 24-25: Coinfest Asia
🇰🇷 September 1-3: Ethcon Korea
🇰🇷 September 4-10: Korea Blockchain Week
🇩🇰 September 6-7: Nordic Blockchain Conference
🇸🇬 September 13-14: Token2049, Singapore
🇯🇵 September 19-20: DCENTRAL Tokyo

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