This Week in DAOs + Web3 - Jul 20, 2023
A roundup of the most exciting developments in DAOs and web3.
Highlights
⚽ The Art of Sports - Credit Suisse has teamed up with the Swiss Football Association to release a physi-digital NFT collection supporting women’s football.
🛍️ On-chain Loyalty - Web3 infrastructure company Co:Create is rolling out an application on e-commerce giant Shopify that enables businesses to implement blockchain-based loyalty and rewards programs on the platform.
🖼️ Fashionable NFTs - 256-year-old auction house Christie’s is partnering with luxury fashion brand Gucci to release an NFT collection created using generative AI.
🕹️ Playtime - Google has updated its Google Play marketplace policy to allow application developers to integrate digital assets like NFTs into their games.
🪙 Evolved Funding - Gitcoin has endorsed a proposal to introduce the quadratic experimentation and development program, designed to address the limitations of the current quadratic funding model.
Ready, Set, Code!
💰 Developer Challenge - Decentralized social media protocol DeSo announced a $1M bounty for developing a decentralized alternative to Reddit.
💸 Granting Opportunity - The Arbitrum community voted to fund a $1M grants program supporting teams building on its eponymous Ethereum layer-2 scaling solution.
🖥️ Web3 Infrastructure - BitDAO has voted to contribute $100M to establish the Mantle EcoFund to support founders and protocol technology partners building within the Ethereum layer-2 Mantle ecosystem.
Show Me the Money
🤖 Blockchain + AI - Futureverse, a collaborative ecosystem comprised of 11 infrastructure and content companies, has raised a $54M Series A round, with participation from 10T Holdings and Ripple Labs, to combine AI and the blockchain to build infrastructure for experiencing the metaverse at scale.
🎶 Fair Compensation - Web3 music platform Sound has raised a $20M Series A round led by a16z to help artists earn a livable income.
💸 Gaming with AI - Web3 gaming platform and publisher Xterio raised $15M led by Binance Labs to further its technology integration with artificial intelligence.
🇵🇹 DeFi Advances - Portugal-based Ethena raised a $6M seed round, led by Dragonfly, to launch an Ethereum-based stablecoin and web3-based savings bond.
🔢 Sentimental Finance - LunarCrush, which helps users make financial decisions based on social media trends and using AI, raised a $5M Series A round led by Draper Round Table and INCE Capital to include stocks in its asset focus.
Listen + Learn
💡 Legally Thinking - In Legal Framework for DAOs from the Crypto Sapiens Podcast, Adam Miller at MIDAO and Joshua Hale from the Fungibility Group discuss the benefits of incorporating DAOs, helping individuals set up LLCs through Opolis, and more.
👨🏻🎨 Unlocking Creativity - In Empowering Human Creativity, Drew Simon of the Crypto Altruism podcast speaks with René Pinnell, co-founder of Artizen Fund, about using web3 to unlock human creativity by reinventing funding models for art, science, technology, and design.
This Summer in DAOs and Web3
🗼 July 17-20: ETHCC, Paris
🗻 July 25-26: WebX, Japan
🇨🇦 August 15-16: Blockchain Futurist Conference
🇭🇷 August 16-18: Metafest, Croatia
🇹🇷 August 21-25: Istanbul Blockchain Week
🇮🇩 August 24-25: Coinfest Asia
🇩🇰 September 6-7: Nordic Blockchain Conference
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