This Week in DAOs + Web3 - Sep 30, 2024
A roundup of the most exciting developments in DAOs and web3.
Highlights
👨 Payment.eth - Ethereum Name Service, which offers web3 readable addresses, was integrated by Venmo and PayPal, smoothing crypto transactions via ENS usernames.
🪙 Cash Ramps - Crypto exchange CEX.io announced its partnership with MoneyGram and Stellar to facilitate crypto-to-cash conversions, and vice versa.
💡 Block IP - According to recent patent filings from both firms, Ford and Toyota lead the way in developing blockchain-based vehicle technology.
🪸 Climate - Financial services company Northern Trust launched an institutional carbon credit ecosystem on its Northern Trust Matrix Zenith digital assets platform.
World Wide Web3
✈️ Travel Perk - Crypto-native travel platform Travala’s integration with Skyscanner will allow travelers to pay for hotel rooms with crypto.
⭕ Stability - Circle has integrated its USD-pegged stablecoin with Brazil and Mexico’s national real-time payment system for corporate customers.
🚘 AppLess - TON Foundation’s collaboration with Singapore-based ride-hailing app TADA will allow users to book rides through Telegram and pay with crypto.
🐈 Play-to-Earn - German Footwear conglomerate Puma has partnered with UNKJD to expand its presence in web3 gaming with Puma-licensed content.
⛰️ DePINnovation - Lufthansa and Deutsche Telekom, pioneers in enterprise adoption, launched DePIN blockchain nodes to help power the Peaq network.
🛡️ Digital Protection - Central Bank of the UAE approved custodial risk insurance for digital assets in efforts to attract institutional and retail investors to the country’s digital asset sector.
Show Me the Funds
💰 Fund for All - ParaFi’s $1.2B fund will be tokenized and available for trading through the Securitize platform, enabling more people to participate in investments.
🤑 Early Support - Dragonfly Capital is raising $500M for early-stage crypto- and blockchain-based investments. Fundraising is expected to end by Q1 of 2025.
💸 All in on DePIN - Borderless Capital announced its third fund - this one valued at $100M - dedicated to advancing Decentralized Physical Infrastructure Networks.
🚨 Fostering Security - The venture arm of blockchain security platform CertiK is advancing web3 adoption - and accelerating integration of its original product - through a $45M investment in high-potential projects.
Listen + Learn
👐 Decentralized Trust - In Impact on Optimism on the Crypto Altruism podcast, Drew Simon speaks with Juan Carlos Bell, Project Lead of Gravity DAO, about the challenges DAOs face with conflict resolution, and how web3 can help advance conflict management as a public good.
📇 Trustless Identity - In Biometric Verification from The Agenda, Sebastian Rodriguez, CPO of Privado ID, explains how services and users can verify their identities, while maintaining privacy, in a trustless environment using blockchain technology.
🔗 Paradigm Shift - In Data, AI and the Blockchain from Cointelegraph’s Hashing It Out, Chris Feng, COO of Chainbase, discusses the intersection of the three, and how Chainbase is driving the next wave of web3 innovation through infrastructure.
Coming Up in Web3
🥘 October 8-10: Merge Madrid, Spain
💂 October 10-11: Zebu Live, London
🌴 October 13-16: Future Blockchain Summit, Dubai
🪷 October 19: India Blockchain Summit, New Delhi
🏜️ October 22-23: Blockchain Life, Dubai
🐯 November 20: Blockchain Africa Conference, South Africa
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