This Week in DAOs + Web3 - Mar 25, 2024
A roundup of the most exciting developments in DAOs and web3.
Highlights
⚖️ DAO Country - Wyoming Governor Mark Gordon signed into law a bill establishing a legal framework for the formation, protection, and management of DAOs.
🖼️ Protection - In a recent study, the USPTO and U.S. Copyright Office concluded that existing intellectual property laws are adequate for copyright and trademark infringement associated with NFTs.
📈 Onward and Upward - The Dencun upgrade was successfully rolled out on the Ethereum mainnet, reducing transaction fees on layer-2 networks and enhancing Ethereum’s overall scalability.
🎮 Pivot - A US patent application reveals tech giant Sony’s concept for a distributed ledger-based “super-fungible token” for gaming.
World Wide Web3
🚅 All Aboard - Indian Railways will provide NFT train tickets for two Delhi-bound trains between March 20th and April 2nd on the occasion of the Hindu festival, Holi.
🚦 Green Light - To promote the use of the tokens for fundraising, the Thai government has approved tax breaks for individuals holding investment tokens.
🌴 Adoption - To foster the development and use of digital assets the Dubai International Financial Centre, a special economic zone, announced the passage of a digital assets and security law, and amendments to existing law.
🇪🇺 Oversight - EU bankers and regulators have published draft requirements for stablecoin issuer complaint procedures under the bloc’s landmark MiCA regulations.
🇮🇩 Policy - Indonesia’s financial services regulator, OJK, issued regulations to implement innovation in the financial sector, which will apply to cryptocurrency beginning in 2025.
Show Me the Money
💵 DEXplus - Figure has raised $60M in a Series A round led by Pantera Capital to build a decentralized competitor to the largest centralized crypto exchanges.
💱 CEX Token - Cross-chain wallet BitKeep, now known as Bitget Wallet, will be launching its native token after securing a $30M investment from the namesake exchange last year.
🤑 Pioneering Infrastructure - Clique raised $8M in a Series A round led by Polychain Capital to build a robust computing coordination network.
💸 MoneyLink - Fjord Foundry, a matchmaker of sorts, has raised $4.3M in a seed round led by Lemniscap to connect early-stage web3 projects with engaged backers.
Watch + Listen + Learn
🪸 Green Incentive - In Web3 and Sustainability from Cointelegraph’s Hashing It Out, Jake Campton at Vechain, explains how web3 incentive models could guide people toward a more sustainable way of life.
💎 Community Chest - In the Web3 Warriors podcast, One Montes, creator of Skull Hunters, discusses new perspectives on community building in web3 and how NFT projects can incorporate physical collectibles, music, and IRL events.
💊 AI & Web3 - Part two in a series on web3 + AI from Crypto Sapiens features Paul Allen, CEO and Founder of Soar. He shares how AI can inspire creativity, lift people from poverty, educate others, and improve humanity’s well being overall.
Coming Up in DAOs and Web3
🗽 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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