Payments giant Visa is drilling deeper into the Web3 sector with a new initiative that it has announced in the very first week of 2024. The US-headquartered company has announced a new Web3 loyalty service to assist brands experiment with Web3 elements like NFTs, metaverse, and cryptocurrencies. Visa is one…
The NFT-backed Web3 gaming ecosystem is showing big promise in the next few years. A recent report by Fortune Business Insights has forecasted that the blockchain gaming market would be churning up to $614 billion (roughly Rs. 51,07,086 crore) in the next seven years leading to 2030. The category of…
Line, the Asian messaging giant based in South Korea, has decided to foray into the Web3 waters. It has created a special venture called Line Next Corporation that will be dedicated to expanding the NFT ecosystem. In a recent development, the Line Next Corporation has raised an investment of $140…
CoinSwitch, one of India’s popular crypto trading platforms, announced its new umbrella brand on Tuesday, December 12. Called PeepalCo, the new brand will envelope three platforms owned by the same company. Out of these three internal units, one is CoinSwitch’s crypto retail app and advanced trading platform called CoinSwitch Pro….
The government of India is committed to supporting startups that are working in the Web3-related fields, with blockchain being an important area of focus. The information was revealed by Rajeev Chandrasekhar, the Union Minister of State for electronics and technology. Chandrasekhar called Web3 the future of Internet as we know…
The world of banking is gearing up to explore the use cases of up-and-coming technologies like Artificial Intelligence (AI) and the metaverse to benefit their present working conditions. JP Morgan, for instance, is excitedly looking to try out immersive training applications for new bank staff members, all through the metaverse…
As India braces itself to get its crypto laws hopefully in December, several states in the country are taking brisk steps to establish themselves as lucrative locations for Web3 entrants to set their shops. Recently, India’s crypto-focussed group of industry players called the Bharat Web3 Association (BWA) has signed an…
South Korean metaverse platform Zep announced a new partnership with Near Protocol. Using the Layer-1 blockchain platform Near Protocol, Zep aims to create online games in the metaverse ecosystem and onboard more users onto its platform. Zep is a joint venture between online game developer Supercat and creator platform Zepeto….
Club Mahindra, a travel and hospitality firm in India, has announced the launch of its first ever NFT series called ‘Discover India’. Built on the Polygon blockchain, this series of digital collectibles will be generated by Artificial Intelligence (AI), fusing paintings by international artists with must-visit destinations that the country…
Microsoft, earlier this week, sent an internal message to select team members notifying them that it was pulling down the shutters on its Airsim project. This industrial metaverse project was preparing to use AI-based drone simulation software to be part of its industrial metaverse vision. As per Microsoft’s blog published…
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