This Week in DAOs + Web3 - Jun 1, 2023
A roundup of the most exciting developments in DAOs and web3.
🛟 First, Safety - Shield3’s transaction guard service is open for public beta testing. Unlike other security tools, Shield3 requires no additional extensions or software, and offers proactive protection from phishing attacks, dangerous contracts, and more, by blocking harmful transactions before they go through.
Highlights
🏕️ A Home for Digital Nomads - Cabin, a digital-native co-living project, is planning Network City, a global alliance of self-governing neighborhoods specifically designed for remote workers and creators, and which are accessible only to ‘citizens’ who hold NFTs. Hear more from Cabin’s Jon Hillis.
☎️ Brave Call - Web3-integrated browser Brave is embracing non-fungible tokens by introducing token-gated video calls into its user experience.
🎨 Maschine Art - A unique collaboration is underway between Fingerprints DAO, Dutch artist Harm van den Dorpel, and Mercedes Benz: a generative art NFT project inspired by the aesthetics of automotive design. Mercedes-Benz NXT is the auto manufacturer’s web3 arm that is focused on digital collectibles and virtual experiences.
🚨 Preventative Measures - The cybersecurity unit of the Hong Kong Police Force has launched CyberDefender, a metaverse platform designed to educate the public about the potential dangers associated with web3 and the metaverse.
💸 Accelerating Web3 - Blockchain startup accelerator Cronos Labs announced the launch of the second cohort of the Cronos Accelerator Program. The $100M fund empowers early-stage web3 projects.
💰 Foresight X - Foresight Ventures has doubled its web3 accelerator fund to $20M to support projects in artificial intelligence (AI), zero-knowledge (ZK), NFT ecosystems, and more, allocating $200,000 to each selected project.
World Wide Web3
🇧🇷 Bem-vindo Web3 - The Central Bank of Brazil selected 14 groups and institutions to participate in its central bank digital currency pilot. This list includes major banks and multinational companies such as Visa and Microsoft.
🇯🇵 Digital Yen - Japan is progressing with its embrace of digital currency. The Bank of Japan has completed the second phase of its central bank digital currency proof-of-concept experiment.
🇨🇳 China’s All In - The Beijing Municipal Science & Technology Commission unveiled the ‘Web3 Innovation and Development White Paper’, emphasizing the technology’s status as an ‘inevitable trend for future Internet industry development.’
🌏 Crypto Regulation - The World Economic Forum published ‘Pathways to the Regulation of Cryptocurrency-Assets,’ recommending close cooperation between international organizations, government regulators, and representatives of the cryptocurrency industry. The white paper references different approaches to regulation and offers opinions on their efficacy. TLDR: USA, you’re doing it wrong.
Show Me the Money
💸 Decentralized ID - Tools for Humanity, the team behind Worldcoin, raised $115M with the participation of Blockchain Capital, Andreessen Horowitz, and others to research and further develop World ID and recently released crypto wallet, World App.
🌐 Money for Money - Transak has raised $20M led by CE Innovation Capital to fund the global expansion of its onboarding and on- and off-ramp infrastructure solutions.
🔍 New Focus - NFT marketplace Tabi raised $10M from Animoca Brands, Binance Labs, Draper Dragon, and others to focus on the development of its gaming ecosystem and the creation of an on-chain identity protocol.
🔒 Privacy Please - Zero-knowledge credential provider zkMe has secured $2M in pre-seed funding from Circle Venture, Spartan Group, and others to enable users to disclose their credentials to authorized parties without compromising privacy.
Deadlines and Events
🏴 June 1-2: Web3 Live, London
🇩🇪 June 7-8: Blockchance 2023
🇵🇹 June 7-9: Non Fungible Conference, Lisbon
🌐 June 9: Epic Web3 Conference, Lisbon
🇵🇪 June 8-10: Blockchaincon Latam
🗼 July 17-20: ETHCC, Paris
🇭🇷 August 16-18: Metafest, Croatia
🇹🇷 August 21-25: Istanbul Blockchain Week
🇮🇩 August 24-25: Coinfest Asia
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