This Week in DAOs + Web3 - May 2, 2024
A roundup of the most exciting developments in DAOs and web3.
Highlights
🇺🇲 Transparent Endorsement - United States presidential candidate Robert F. Kennedy Jr. wants to put the U.S. budget on the blockchain for more accountability.
🦭 Safe Space - The Security Alliance (SEAL), a team of white-hat hackers, has recovered $50M in assets since its inception in 2023 and launched a threat-sharing platform to support the crypto space.
🪙 DeFi Adoption - Aptos Labs, the team behind layer-1 blockchain Aptos, is collaborating with Microsoft and South Korean Telecom to offer institutions a gateway into decentralized finance.
🥊 MMA Onchain - VeChain has announced that it will tokenize the gloves worn by Ultimate Fighting Championship fighters and track their identities on the VeChainThor network.
₿ Halving - Bitcoin has successfully gone through its fourth-ever halving event after posting its 840,000th block.
World Wide Web3
🇳🇿 Chime In - The Reserve Bank of New Zealand opened a 101-day public consultation on principles and design options for the country’s digital dollar.
🇬🇧 Policy - The UK Treasury will present a regulatory framework for crypto assets and stablecoins to foster local digital and blockchain technology innovation.
🇩🇪 Coin Research - Deutsche Bundesbank is the latest monetary authority to collaborate with the Massachusetts Institute of Technology’s Digital Currency Initiative to study CBDCs.
🇨🇦 The Taxman Cometh - According to a supplement to the 2024 budget, Canada intends to apply the Crypto-Asset Reporting Framework for taxation by 2026.
Show Me the Money
💦 Liquid Assets - Puffer Finance, a liquid staking project on Ethereum’s protocol, secured $18M in a Series A round led by Brevan Howard Digital and Electric Capital.
💸 Home Base - Real-world asset lending protocol Centrifuge raised $15M in a Series A led by ParaFi Capital to create a DeFi market for RWAs on Coinbase's Base layer 2.
🏡 HELOCs Onchain - Homium, a home equity tokenization platform on Avalanche, raised $10M in a Series A round led by Sorenson Impact Group and Blizzard.
🖼️ NFTs - Bitcoin Ordinals explorer Ord.io raised $2M in a pre-seed round led by The Bitcoin Frontier Fund to accelerate the Ordinals ecosystem.
Listen + Learn
🪸 Future Focused - In Blockchain For a New World, Drew Simon of the Crypto Altruism podcast speaks withVeChain CTO Antonio Senatore about collective action via web3 and using the blockchain for a more sustainable future.
🪙 Tangibles On-chain - In From Wall Street to Blockchain from Cointelegraph’s Hashing It Out, Micah Yeackley of Kula DAO explains RWA in the web3 sector and how web2 and web3 governance combine to create a hybrid decision-making system.
🖼️ Sweating for Fun(ds) - In Monetizing Physical Activity from Cointelegraph’s The Agenda, Oleg Fomenko, co-founder of Sweat Economy, explains how Sweatcoin powers an economy where physical exercise is tokenized, rewarded, and traded.
👩💻 Creator Space - In Building the Web3 Equivalent of Patreon from the Crypto Sapiens podcast, Fabric founder Jonny Mack discusses launching subscription NFT platform Hypersub, and introduces an accelerator program to help creators succeed.
Coming Up in Web3
🥨 May 15-16: Conf3rence, Dortmund
🇭🇷 May 27-30: BlockSplit, Split, Croatia
🇵🇹 May 28-30: Non Fungible Conference, Lisbon
🌵 May 29-31: Consensus, Austin
🪘 May 31-June 1: DAOfest, Nigeria
🌷 June 19: Dutch Blockchain Days, Amsterdam
🇲🇾 July 31: Malaysia Blockchain Week, Kuala Lumpur
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