Here are the top web3 stories from this week.
Products
Web3 Pushes Forward with New Opportunities
🚀 Sam Altman’s Worldcoin begins scanning eyeballs for ambitious Crypto project. OpenSea announced peer-to-peer NFT swaps called Deals. NFT project VeeFriends announces a new toy partnership. Silicon Valley star TJ Miller joins web3 animated series. Entertainmint shows way to use web3 to better compensate actors and writers.
Capital Raised
An Exit and a new Builder Fund
💰 Crypto news services Coindesk is being sold for $125MM. Avalanche Foundation designates $50MM for builders on their network. Crypto trading firm Flashbots adds $60MM. Animoca Brands puts $30MM into super app hi. Web3 game dev Delabs raises $4.7MM.
Legal
Crypto Bill Makes Progress
⚖️ A Crypto bill finally made progress in Congress to help define digital assets and who will regulate them. Still a long way to go before something is passed into law, but great to see movement here. On the negative side, hackers drain $3MM from DeFi protocol Conic Finance, and a Crypto famous couple plead guilty to far ranging fraud.
Atlanta Web3 Expo
New Event and Founder Opportunity
🗓️ W3 Studio has partnered with other leading Atlanta web3 organizations on the Atlanta Web3 Expo event taking place on September 28th. You can register free to attend here. Also, web3 founders that want to apply for our pitch event and expo should click here.
Diversity in Tech
Stories of Diverse Founders, VCs, and Builders
💪🏽 Resilient Ventures announces their second fund to back Black founders. Caress grants $500K to women of color led businesses. Check out Black Men Talk Tech founders club event on Aug 24th. Early-stage diverse founders can apply now for Square One Startup School.
Atlanta Blockchain Center and W3 Studio have partnered for the next Immutable Founders Program. If you run a web3 startup here in Atlanta, please apply.
Our nonprofit W3 Studio is a 501c3 charitable organization. You can support us by donating or purchasing a digital membership pass here. Also, check out our list of pitch competitions, grant programs, and other founder resources here.
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