Web3

Request Finance, the Web3 enterprise crypto payments startup, has closed a $5.5 million seed round with institutional backers including Animoca Brands, Europe early-stage venture capital investor Balderton Capital, and XAnge.

For the “play-to-earn” title to avoid becoming a misnomer, steps must be taken to reduce high entry costs, or even better, have no capital requirements at all. 

Founded in 2021, Red Door Digital aims to take the ultra traditional gaming experience to the metaverse. The company is a global-to-local Web 3.0-ready game studio and publisher making award-winning AAA-quality GameFi titles a reality. The team is composed of world-class game designers and developers that not only worked on, but spearheaded the launch of…

Considering how important financial services are in Web2, it’s no surprise that this area will be equally, if not more, critical for Web3. However, to realize a mature Web3 ecosystem, DeFi must first and foremost address major challenges in security.

Southeast Asian Metaverse Builder Virtualtech Frontier (VTF), which has an extensive background in developing virtual environments, NFTs, and game development, has announced its vision to create a high utility Metaverse platform. Backed by venture capital firm 500 Global, the fresh funds will go towards team expansion to serve their waitlist of customers.

Zetrix is the international extension of Xinghuo BIF, China’s largest national-level blockchain network supported by all levels of the Chinese government and running both governmental and commercial applications.

Hong Kong-based investment firm Newman Capital announced Wednesday the launch of its $50 million investment fund to help cutting-edge traditional businesses to strengthen their position in the ever-growing Web3 world. The fund is on the mission to accelerate the Web3 adoption, especially in the traditional business world, focusing on Asia.