This Week in DAOs + Web3 - Feb 15, 2024
A roundup of the most exciting developments in DAOs and web3.
Web2 ♥️s Web3
🌐 Identity Play - Domain name protocol Ethereum Name Service (ENS) has partnered with GoDaddy to allow users to link domains to ENS addresses.
💵 More Access - Crypto wallet MetaMask now lets users buy cryptocurrencies through the popular online trading platform Robinhood.
⚽ Goal! - Mastercard announced a web3 powered trivia competition where players compete for UEFA Champions League tickets in contests unlocked with NFTs.
🪙 Digital Assets - Swiss multinational bank UBS’ Hong Kong subsidiary expanded its digital asset capabilities with an investment-grade tokenized warrant on the Ethereum blockchain, together with OSL Digital Securities Limited.
🦊 Integration - Global payment giant VISA is doubling down on cryptocurrency by enabling the exchange of crypto for fiat currencies without a centralized exchange.
Highlights
🪸 Nature Calls - Neutral and DLT Finance have partnered to launch the first regulated trading platform for tokenized environmental assets.
🎯 Focus - Open-source software funding platform Gitcoin has shifted its focus away from public goods towards technological development for the Ethereum ecosystem.
❤️ BFFs - Friendzone, a decentralized social marketplace, will begin operating on the Polygon PoS blockchain this month with plans to expand to Polygon zkEVM.
🎬 Action! - Renowned Hong Kong movie director Stephen Chow has found a new platform for creative success with the launch of his novel NFT collection “Nobody”.
⚖️ DAO Rules - The Japanese government aims to promote the development of DAOs and clarify their legal framework in an initiative that potentially reduces regulatory burdens associated with employee rights.
🇪🇸 Hola CBDC - Spanish fintech firm Monei has begun trials for a euro-backed stablecoin, EURM, under the supervision of the Bank of Spain.
🏦 Not for the Masses - The Governor of Bangko Sentral ng Pilipinas revealed the institution’s intention to introduce a wholesale (only) central bank digital currency.
Show Me the Money
💸 Arabian Growth - Deus X Capital and Bridgetower Capital are launching a $250M digital asset infrastructure platform to help develop the blockchain ecosystem in the UAE and Middle East.
🇸🇬 Expansion - Payments app Oobit raised $25M in a Series A, led by the investment arm of Tether, to advance the adoption of cryptocurrencies through geographic expansion, external wallet integration, and the development of a web3 gateway.
🧑💻 Infrastructure - Analog has secured $16M in funding, led by Tribe Capital, to advance cross-chain communication tools for developers.
🪐 Real-World Tech - Layer-1 blockchain Nibiru, designed to support gaming projects, DeFi apps, and bringing real-world assets on-chain, closed $12M in funding with support from Kraken Ventures, ArkStream, and others.
⚠️ FIL’er Up - Glif, a liquid leasing protocol for Filecoin, raised $4.5M in a seed round led by Multicoin Capital to develop tools for earning yield on Filecoin’s “gas” token, FIL.
Listen + Learn
🕸️ Web3 Movement - In Public Goods and DAOs from the Crypto Sapiens podcast, guest Umar Khan discusses Gitcoin, the importance of public goods, the challenges of DAOs, and the implementation of open software with data sharing.
🖼️ Code Green - In Art, Web3, and Climate from Cointelegraph’s The Agenda Podcast, artist Inna Modja, founder of Code Green, explains the relationship between art, NFTs, and activism, and how web3 technology supports communities building resilience and sustainability in the face of climate change.
Coming Up in DAOs and Web3
🏔️ Feb 23-Mar 3: ETH Denver
🗽 Apr 3-5: NFT NYC
🐉 Apr 4-9: Hong Kong Web3 Festival
🗼 Apr 8-12: Paris Blockchain Week
🌴 Apr 15-16: Blockchain Life 2024, Dubai
🏜️ Apr 20-21: Arts DAO Fest 2.0, Dubai
🇦🇪 Apr 20-21: Blockchain Universe Summit, Dubai
🥨 May 15-16: Conf3rence, Dortmund
🇭🇷 May 27-30: BlockSplit, Split, Croatia
🌵 May 29-31: Consensus, Austin
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