Web3 Audio Digest

Web3 Audio Digest

Start your day with this technology & Web3 news breifing. Stay up to date on the latest innovations and developments as they happen.

Episodes

July 13, 2023 4 mins

In the latest episode of Builders Spotlight, we interview Jonathan Mui, CEO and Co-founder of Moongate, an innovative company pushing the boundaries of NFT adoption. Stemming from his frustration with the lack of real-world support for NFT utilities, Jonathan transformed this challenge into a solution, developing a comprehensive platform for launching NFT campaigns. To learn more about Moongate visit their website at [moongate.id]

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In the realm of NFTs and digital validation BAYC launched on-chain verification of club members' creations. Moving to the physical-digital blend, 7-Eleven plunged into the NFT world on the Polygon network with the free Slurpee NFTs, exciting tech enthusiasts. Lastly, South Korea is taking a firm stance on crypto transparency, drafting rules that require companies to disclose their crypto holdings in detail in their financial statem...

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In an amusing spin of events, crypto data firm Arkham Intelligence, renowned for tracking crypto transactions and identifying the owners of crypto wallets, found themselves in hot water for accidentally exposing their own users' information, as highlighted by CoinDesk. 

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Circle's new Wallet-as-a-Service platform is stirring up the Web3 space, sparking debates on its balance between security and accessibility. Meanwhile, gaming company Line Next and Sega are making waves with an exciting blockchain-based game set to revolutionize the Game Dosi platform. In a fusion of fashion and technology, Christian Dior Couture's latest B33 sneaker line brings blockchain to the runway with unique digital twin NFT...

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The future of blockchain in gaming hinges on seamless integration into the mainstream market, while Meta's new platform, Threads, offers a fertile ground for creators to grow their influence through sharing NFT art. 

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In the gaming and blockchain world, SEGA's exec Shuji Utsumi dismisses play-to-earn games as "boring," pulling back from franchising major titles to the blockchain, while still investing in related projects, according to Bloomberg and Sonic Stadium. Meanwhile, an article on Cointelegraph discusses how web3 game developers aim to win Web 2.0 audiences by making blockchain components less visible, with insights from Sumeet Patel of E...

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We explore evolving aspects of the digital landscape, from the EU's forthcoming metaverse strategy to the blockchain-based solutions for supply chain issues, and royalty payments in the NFT world. A steep decline in optional royalty payments to creators has sparked a new debate, with some major collections still managing to rake in substantial earnings despite the overall downturn.

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Siemens, the German manufacturing giant, is capitalizing on 'digital twin' technology and Web3 innovations to revolutionize its operations and services. In collaboration with firms like Maeve Aerospace and NVIDIA, Siemens is creating an ecosystem for the industrial metaverse and improving processes via digital-first approaches. 

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Roblox is pivoting away from the concept of the metaverse to focus more on user-generated content and partnerships, particularly in sports. Changes in consumer values are leading to a 'trust transformation' in businesses, prioritizing ethics in an AI-driven world. The new ERC-6551 standard is set to revolutionize NFTs, allowing them to hold other assets and interact with smart contracts, despite some adoption challenges.
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Despite a significant decrease in overall funding for the Web3 ecosystem, Metaverse projects have emerged as the frontrunners, attracting the largest share of investment and attention, as companies explore the potential for creating digital replicas of the real world and combine artificial intelligence, the Metaverse, and blockchain to facilitate authentic online interactions.

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In 2022, despite a downturn in the cryptocurrency market, scams and thefts remained alarmingly prevalent, according to a report from blockchain analytics firm TRM Labs.

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French fashion house Dior announced a line of men's sneakers with "digital twins" on Ethereum and an NFC chip-based authentication system.

 
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