Web3

The immersive gaming space is ripe with potential for innovation and growth. The future of gaming is in the hands of players and game developers, who have the power to shape new gaming standards.

NFTs are more than just art – they represent a part of people's lives, both in the physical and virtual worlds. Now, lifestyle apps built around NFTs have powerful potential to promote a greater sense of personal identity, positive habits, asset ownership, and social opportunities. 

HashKey Capital, a global asset manager specializing in crypto and blockchain, has announced the final closing of its third fund, HashKey FinTech Investment Fund III (Fund III) with a total commitment of $500 million.

Bridging the technology divide by exploring the highlighted trends in 2023 and beyond is a precursor for competitive development policies. While true innovation isn't an easy challenge, the opportunities it presents are enormous. 

Animoca Brands K.K. (Animoca Brands Japan), a strategic subsidiary of Hong Kong-based Web3 firm Animoca Brands Corporation Limited (Animoca Brands), has on Friday announced that it made a strategic investment of JP¥100 million ($774,230) into Psychic VR Lab’s JP¥1 billion ($7.74 million) fundraising round in December 2022.

In an interview with TechNode Global, The GrowHub Founder and CEO Lester Chan shared his views on the latest trends in the industry, challenges in food safety and how technology is able to address these challenges.

There is a shift in business mindset and adaptation toward using virtual reality for purposes other than gaming, such as creating, exploring, identifying, expressing, collaborating, and socializing.

Post-Covid digitalization has also seen a spike in fraud and malicious activities. Companies need to take extra precautions to protect their customers this year.

In the interview, Ong also shared how Web3 technologies are shared BIGO’s vision of the metaverse, some of the key trends and developments that will shape the social media and livestreaming industry in 2022 and beyond, among others.

In the interview, Enjinstarter Co-Founder and Chief Executive Officer Prakash Somosundram shared how Web3 technologies are shaping the evolution of products and services today, the key challenges Web3 platforms need to address in terms of innovation, how does Web3 complement Web2, among others.