This Week in DAOs + Web3 - Jun 29, 2023
A roundup of the most exciting developments in DAOs and web3.
Highlights
🎬 Red Carpet Nouns - Web3 creative studio Atrium has created the first DAO-funded animated film. Led by former animators for Pixar, Netflix and Marvel, the movie, with a budget of $2.75M, stars the popular NFT collection, and is one of many tangible mediums where the brand has made a entrance.
🤖 Artificial Assist - Ethereum scaling solution Polygon has introduced an artificial intelligence interface powered by OpenAI’s ChatGPT, designed to aid developers in building decentralized apps for the network.
World Wide Web3 Adoption
🪙 Company Coin - JPMorgan has deployed its blockchain-based payment system, JPM Coin, to introduce euro-denominated payments for corporate clients; German conglomerate Siemens conducted the first euro payment on the platform.
🌏 The Far East Nears - NEAR Foundation is joining Alibaba Cloud, the computing and storage arm of the Chinese tech giant, to accelerate web3 growth in Asia and the Middle East.
🇨🇭 Digital Francs - The Swiss National Bank (SNB) will launch a wholesale central bank digital currency (wCBDC) pilot project using real money equivalent to bank reserves to test genuine transactions with market participants.
📫 Going Postal - The Faroe Islands issued a series of “crypto stamps.” In addition to serving as postage, each stamp has a unique, linked NFT preserving an exact moment in time based on information from the Faroese Weather Station at the time of minting.
🐠 Climate Awareness - The European Investment Bank (EIB) has issued a blockchain-based digital bond powered by an environmentally-incentivized node infrastructure. The climate awareness bond is registered on the Luxembourg Stock Exchange Securities Official List.
🚘 Web3 Adoption - Škoda India, a subsidiary of the Czech automobile conglomerate Škoda Auto, launched a web3 and NFT experience in partnership with Near Protocol. The platform offers low gas fees, interoperable NFTs for multiplatform usage, and eco-friendly, scalable NFTs.
🏦 Digital Networks - Singapore's central bank proposed a framework for the design of open, interoperable networks for tokenized digital assets. Banking giants such as HSBC, DBS, and Citi will conduct pilot studies across wealth management, fixed income, and foreign exchange.
Show Me the Money
💰 Web3 Infrastructure - Decentralized finance (DeFi) infrastructure provider Maverick Protocol has raised $9M led by Peter Thiel's Founders Fund to build more efficient liquid staking token infrastructure and tackle cross-chain liquidity issues.
💸 AI Engine - Kaito raised $5.5M, led by Superscrypt and Spartan, to build an artificial intelligence (AI) search engine tailored to the cryptocurrency industry.
🪙 Web3 Adoption - Northstake, a cryptocurrency staking platform aimed at institutional investors, raised $3M from PreSeed Ventures, Morph Capital, and others to boost establishment participation.
♟️ Your Move - Anichess, a subsidiary of Animoca Brands, raised $1.5M from GameFi Ventures and others to develop a decentralized play-and-earn riff on chess.
Listen + Learn
👼🏼 #web3forgood - In Angel Giving, Drew Simon of the Crypto Altruism podcast speaks with Chauncey St. John, founder of Angel Giving, about web3’s potential to improve charitable endowments and other giving tools, advice for nonprofits who are hesitant to engage with web3, and more.
🎧 Success Secrets - In What Makes a DAO Successful from the Crypto Sapiens Podcast, web3 pioneers 0xJustice and Marco Grendel of the Polygon core team delve into DAOs, sharing their journeys, and shedding light on key factors that contribute to DAO success.
This Summer in DAOs and Web3
🇩🇪 June 28-30: Blockchance, Hamburg
🎎 June 28-30: IVS Crypto, Japan
🇵🇹 July 10-12: BlockDown Festival, Portugal
🗼 July 17-20: ETHCC, Paris
🗻 July 25-26: WebX, Japan
🇭🇷 August 16-18: Metafest, Croatia
🇹🇷 August 21-25: Istanbul Blockchain Week
🇮🇩 August 24-25: Coinfest Asia
Do you have something that belongs in the DAO Weekly Roundup? Let us know at hello@logos.xyz.