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This Week in DAOs + Web3 - Jul 27, 2023
A roundup of the most exciting developments in DAOs and web3.
🪙 Origin Story - Shield3 enforces security, policy, and compliance using built-in AI to flag government-sanctioned wallets and take on known crypto villains. The project was inspired, in part, by long lost Dogecoin.
👩🎓 Open Education - Recently published research explores how DAOs, blockchain, generative AI, and other technologies can be integrated to create an open education ecosystem offering a global, seamless, personalized, and democratic education.
🪙 Asset Tokenization - Avalanche Foundation announced a $50M initiative, dubbed Avalanche Vista, to purchase tokenized assets minted on its blockchain with the goal of highlighting the value of tokenization in different sectors.
World Wide Web3
🪆 Digital Ruble - Russia's President Vladimir Putin signed the digital ruble bill into law, allowing the country's central bank to issue its digital currency as legal tender.
🇭🇰 Digital Yuan - The Bank of China’s Hong Kong subsidiary has allowed individuals in the Special Administrative Region to utilize the digital yuan central bank digital currency for retail shopping.
🇮🇩 Government Managed Adoption - A national cryptocurrency exchange operated by the government of Indonesia will be the only legal venue for trading digital assets in the Southeast Asian country.
🇯🇵 Call it Capitalism - Japan's Prime Minister reaffirmed the country’s commitment to fostering the Web3 industry, including a focus on user protection, improving the utilization of web3 tokens, and revitalizing the content industry.
🚀 Blockchain in Space - A Chinese satellite has become the first in the world to carry a blockchain imaging and screening system into orbit to obtain rich spectral information for environmental monitoring and resource management.
Show Me the Money
💸 Web3 Infrastructure - Manta Network developer p0x labs raised a $25M Series A round, led by Polychain Capital, to make it easier for developers to deploy Ethereum Virtual Machine-native ZK applications.
↔️ Cross-Chain Tech - Cosmic Wire has become the first cross-chain funded Web3 company, having raised a $30M seed round led by the Solana Foundation and Polygon, to develop a more decentralized, transparent, and secure web3 ecosystem.
Coming Up in DAOs and Web3
👭 August 15-16: ETHWomen Hackathon, Toronto
🇨🇦 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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