NFT project Azuki launches Physical Backed Token

Anime-inspired nonfungible token (NFT) project Azuki has released a Physical Backed Token (PBT) — an open-source token standard that ties a physical item to a digital token on the Ethereum blockchain.   Azuki shared on its Twitter account that the first implementation of the PBT will use the BEAN Chip; a physical cryptographic chip that self-generates an asymmetric key pair. The combination of the PBT and the BEAN Chip introduces a feature, which the project is calling “scan to own”. Introducing the Physical Backed Token (PBT): an open source token…

Coinbase Cloud launches platform for web3 developers | by Coinbase | Sep, 2022

Starting today, developers have free and instant blockchain API access with Node by Coinbase Cloud TL;DR: Coinbase Cloud enables web3 developers to build their web3 applications with instant and reliable read/write blockchain access using Node. By Luv Kothari, Group Product Manager, Coinbase Cloud; Sriram Raman, Product Manager, Coinbase Cloud Web3 development is complex. One needs to learn new programming languages, blockchain technologies, and on top of that, there are many protocols to support. Coinbase Cloud is committed to helping Web3 developers do what they do best… BUIDL. That’s why we’re…

Coinbase Cloud launches Solana Archival Nodes to empower the Solana developer community | by Coinbase | Sep, 2022

by Coinbase Cloud team Sep 6 — We have updated this post to more accurately describe our product by clarifying that the Solana Archival product is a blockstore of historical transactions, not an archive of account state at every point in time. Tl;dr: Coinbase Cloud is expanding our dedicated Solana infrastructure offering to include Solana Archival Nodes. These Solana Archival Nodes can query information about every slot since genesis. These queries can be used to derive historical address balances, as well as build custom indexers and analytics products. Customers using…

Polygon founder Sandeep Nailwal launches $50M Web3 fund

Cryptocurrency entrepreneur and Polygon founder Sandeep Nailwal has raised $50 million for a new startup fund dedicated to Web3 companies, underscoring venture capital’s growing interest in the blockchain-powered internet.  Nailwal’s venture firm, Symbolic Capital, is backed by cryptocurrency protocols, exchanges, crypto-focused auditing firms and other venture capital investors, the company disclosed Thursday. Symbolic’s fund has already invested in three blockchain-focused gaming startups: BlinkMoon, Planet Mojo and Community Gaming. The initial funding received by these startups was not disclosed. In perhaps a new take on venture funding, Nailwal said his company…

Ape In Poker launches new crypto and web3-focused poker room

Ape In Poker announced Friday the opening of its Poker Room, described as an online platform bridging traditional casino with cryptocurrency and web3 technology. The founders behind the brand have experience in gaming, having housed an online casino and sportsbook for the last five years, a press release explains. The team aims to simplify the transition from traditional to web3 poker play for the average user, “optimizing the user experience for any level,” a statement read. For instance, starting with their NFT mint launched on August 20, the project will be…

Fayre Launches NFT Marketplace, the First Part of Their WEB3

Fayre launches NFT Marketplace where members can get zero transaction fees. London based Fayre Labs, a Web3 gateway connecting brands and fans, has launched their NFT marketplace, Fayre.com, which includes 0% transaction fees when their FayreCard NFT is used or Fayre token is locked. Zero transaction fees for members is a key differentiator in current market conditions where price sensitivity is a major issue. The Fayre NFT marketplace is the first piece of a broader Web3 ecosystem that is being built. “We want to bring more engagement to the sector…

Tether Launches Stablecoin Pegged to the British Pound Sterling – Altcoins Bitcoin News

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Author: Jamie Redman Source link

Sequoia Capital Launches Two New Funds to Expand Web3 Investment

Global venture capital and growth investor Sequoia Capital has announced the launch of two new funds – a $2 billion early-stage venture, and growth product for India as well as an $850 million dedicated one for Southeast Asia. The focus will also be on the Web3 ecosystem. Sequoia has ambitious plans for the region and aims to “double down.” It currently operates several programs, including Surge and Spark. While the former supports very early-stage firms, the latter offers fellowship to female founders other than venture and growth investments. The official…

Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks – Altcoins Bitcoin News

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Author: Jamie Redman Source link