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This week: Alibaba's cloud computing unit launches NFT services, Hong Kong securities regulators to tighten rules around NFT-based collective investment schemes, global NFT sales drop as investors continue to pour money into the sector, and more.
Amid mounting pressure to the wider economy, blockchain pioneers are confident in Web3-based gaming's ability to withstand another crypto winter.
Vision China Group (VCG), a Beijing-based photo and media agency, announced on Wednesday that its overseas digital visual arts platform, "Vault by 500px," had been launched for testing.
Gitcoin, which allows developer payments in Ethereum for pull requests made to open source coding projects, has launched its 14th round of donation activities, which will end at 23:59 UTC on June 23.
Doodles, a collection of 10,000 NFTs in the Web3 universe, tweeted recently about Doodles 2 – a dynamic NFT where users can change their looks as often as they like.
The Hurun Research Institute released on Tuesday a list of metaverse companies it believes show the most promise in 2022. The list is made up of the Top 200 Chinese enterprises with the greatest development potential in the field of the metaverse.
Co2Zero, a carbon-neutral Web3 protocol supported by Alibaba Cloud technology, announced on June 19 its partnership with EOS, a major carbon-neutral blockchain, to launch Trust EVM, the official Ethereum Virtual Machine of the EOS network.
The floor price of STEPN continued dropping early today. With a $40 Solana price, new users were able to once join the game by paying less than $100. The price of GST on Solana had also fallen below $1 and that of GST on BSC was below $3.
Users of Solana-based borrowing and lending service Solend have voted in favor of a proposal aimed at mitigating risk imposed by a specific user with a big margin position on Solend.
Chinese blockchain entrepreneur Justin Sun has announced that he successfully auctioned off a complete set of NFT works featuring the heads of the twelve animals for a price of almost $1.50 million from MetapolyXM.
Web3 credential data network Project Galaxy has partnered with metaverse project AlterVerse to build a new space in Sky City to create a reward and engagement strategy.
On Thursday, Solana Mobile, a subsidiary of Solana Labs, introduced Saga, a flagship Android mobile phone that tightly integrates with the Solana blockchain making it easy and secure to transact in Web3 and manage digital assets.