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Capsule gets $1.5M to build ‘super simple’ decentralized social media

TechCrunch

That’s now been topped up with seed financing to get a prototype to market later this month. ” Cryptocat author gets insanely fast backing to build P2P tech for social media. As we reported in January , the idea for Capsule started with a tweet that almost immediately pulled in a pre-seed raise of $100k.

Media 246
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Luxury fashion meets blockchain on Syky, the Seven Seven Six-backed web3 platform

TechCrunch

She launched the company in November after a career in marketing at luxury fashion houses, serving in roles including chief digital and content officer at Ralph Lauren and digital and social marketing director at Burberry. I believe that the luxury fashion houses of tomorrow are being built today.”.

Fashion 248
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Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets

TechCrunch

Africans and people in emerging markets missed out on the first set of opportunities that technological advancements brought to the world. Computers, the internet, fintech, artificial intelligence, any tech you can name ( except mobile tech) people in these regions have always had to play catch up. million pre-seed to that end.

Marketing 245
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Digital listening reveals 3 leading innovation drivers

CIO

The listening centered on conversations about emerging technologies and use cases associated with innovation, such as artificial intelligence, metaverse, blockchain, robotics, Web 3.0, It surpasses blockchain and metaverse projects, which are viewed as experimental or in the pilot stage, especially by established enterprises.

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Web3 Venture Funding Bounces Back Slightly From Last Year’s Lows

Crunchbase News

Editor’s note: For more Web3 coverage, visit Crunchbase’s Web3 Tracker , where we track startups, investors and funding news in the Web3, cryptocurrency and blockchain space, powered by Crunchbase ’s live, comprehensive data. Startups related to Web3 — defined as those in the crypto and blockchain sectors — raised just less than $1.9

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Thirdweb raises $24M at a $160M valuation from Haun Ventures, Shopify and Coinbase for its web3 development kit

TechCrunch

In the latest development, a startup called thirdweb — which has created a development toolkit to make it easier to build and launch web3 products such as blockchain games, NFTs, DAOs, marketplaces and more — has raised $24 million, a Series A that values the startup at $160 million. Projects are collectively generating $1.5

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Top 10 Web3 business ideas that could turn into a great startup

Openxcell

A technology called the blockchain powers this decentralized and peer-to-peer internet evolution, enabling more direct and peer-to-peer interactions. As a result of this paradigm shift, blockchain, cryptocurrencies, and decentralized applications have been leveraged to create innovative business models. What is Web3?