Bharat Web3 Association Signs MoU with Maharashtra State Skills University to Grow Ecosystem

[ad_1] 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 MoU with the Maharashtra … Read more

Growing Metaverse Platform Zep Chooses Near Protocol to Create Games, Boost Userbase

[ad_1] 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. It claims to have … Read more

‘Discover India Through Digital Art’: Club Mahindra on its First Ever NFT Series

[ad_1] 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 has to offer. The … Read more

Microsoft Shuts Industrial Metaverse Project Airsim to Focus on AI, Lays Off Team Members

[ad_1] 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 in February 2023, the … Read more

Metaverse in Education to Boom by 2031, India and China Projected as Beneficiaries: Report

[ad_1] The metaverse technology is projected to power up the existing education sector in the next eight years leading up to 2031. With an estimated annual growth rate of 38.42 percent, the coming together of the metaverse and the education sector is expected to be churning over $102 billion (roughly Rs. 8,48,980 crore), as per … Read more

Web3 Firm Mixin Network Hacked, $200 Million Stolen in Centralised Exploit: All Details

[ad_1] Web3 firm Mixin Network has officially informed its community members about a mega exploit that has drained $200 million (roughly Rs. 1,662 crore) from its account. The platform offers a decentralised wallet service, and it was launched in 2017 with a billion dollars worth of total value secured. Over the weekend, the database of … Read more

China’s Ant Group Launches Blockchain Services Brand ‘Zan’ for Web3 Developers

[ad_1] China’s tech giant Ant Group has launched a sub-brand called Zan, that will help blockchain developers bring out solutions for Web3. While China has maintained a stringent anti-crypto stance for two years now, some tech giants there have taken gradual steps to explore the use-cases of blockchain, which also makes for the underlaying technology … Read more

Germany’s Lufthansa Airlines to Offer NFT Loyalty Rewards, Let Flyers Indulge in Web3

[ad_1] Germany’s Lufthansa airline is planning to soon let its flyers collect rewards in the form of non-fungible tokens (NFTs) and engage with Web3. Lufthansa is rolling out a new loyalty programme, that will let flyers collect reward points in the form of NFTs trading cards. From business lounge vouchers, to free miles and frequent … Read more