Web3.0

Enhancing Web3 Ecosystem Collaboration

Wednesday. July 24 at 5:30 PM

1 min. read

The Web3 ecosystem faces fragmentation, but a new collaboration led by CryptoSlam aims to unite industry leaders and improve infrastructure within the crypto space. SlamNet, a project introduced by Web3 data provider CryptoSlam on July 22, involves partnerships with Animoca Brands and other contributors. Founder Randy Wasinger highlighted the need to unify the industry, comparing the current state to the early days of the internet where opportunities were abundant. Wasinger emphasized the challenges of platform selection in Web3, hindering user experience and adoption. SlamNet seeks to bridge platforms and create a cohesive ecosystem, promoting collaboration rather than competition. By offering a non-fragmented experience and facilitating community-owned data sharing, SlamNet aims to streamline access to Web3 for users and builders alike.

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Sony Launches Soneum on Ethereum for Digital Creator Economy

Thursday. January 16 at 11:00 AM

Sony, the media and entertainment giant, has introduced Soneum, a layer 2 network on Ethereum, under its subsidiary Sony Block Solutions Labs. Soneum aims to utilize Web3 technology to support a digital creator economy. Developed with the OP stack from the Optimism Foundation, the network employs chain abstraction methods to onboard users to Web3 without the need for deep technical understanding. Emphasizing the protection of intellectual property (IP) rights, Soneum incorporates mechanisms for safeguarding creators' rights. Sony BSL's Head, Sota Watanabe, highlights the importance of fostering meme culture while respecting IP rights. In contrast to other brands focused on NFTs, Sony is establishing an infrastructure for the creator economy's advancement. Spark, an incubator program by Soneum, has chosen 32 projects out of 1,700 for the network. With over 14 million users during the testnet phase and 50 million transactions, Soneum's mainnet has been successfully launched.

Web3.0

Transitioning to Web3: U2U Network's Decentralized Solutions

Friday. November 1 at 12:30 AM

Chloe Phung, co-CEO of U2U Network, discussed the growing interest in projects like Filecoin and the challenges of achieving growth in the Web3 space. U2U Network, supported by KuCoin Ventures and others, focuses on decentralized resources like VPN and GPU. Their decentralized VPN, U2DPN, has attracted over 60,000 users globally. The network boasts a high-performance layer-1 platform with a Direct Acyclic Graph and Helios consensus protocol for security. Through subnets, U2U Network offers a sharing economy model for node users, encouraging participation and decentralization. The network's public node sale was a success, selling out within hours. To sustain decentralization, U2U rewards node operators with tokens. Phung emphasized the importance of community contribution and the need to cultivate demand for decentralized resources. Despite challenges as a female founder in the tech industry, Phung remains optimistic about the future of women in Web3 startups.

Web3.0

Hitachi Introduces Web3 Development Solution

Wednesday. October 30 at 8:00 AM

Hitachi, through its subsidiary Hitachi Solutions, has launched a Web3 development solution providing comprehensive support from training to platform commercialization. The solution includes classroom training on Web3 concepts, business consultation, use case study creation, and infrastructure development services. Notable offerings include software-as-a-service cloud computing and platform-as-a-service using Hyperledger Besu and Consensys GoQuorum. Hitachi Solutions has been active in the blockchain space since 2016, contributing to Hyperledger and partnering with Consensys. Despite its presence, it has yet to establish itself as a major player. In contrast, Sony made waves in the Web3 sector with its Soneium blockchain launch. Japan also boasts homegrown blockchain companies like Mitsubishi UFJ Financial Group and Soramitsu, which have been involved in stablecoin and central bank digital currency projects in Asia and the South Pacific.

Web3.0

Japan's Web3 Transformation by Monex Group

Wednesday. October 23 at 9:00 AM

Japan's government actively supports Web3 as a national policy, creating a conducive environment for Web3 businesses. Monex Group, in an exclusive interview with CryptoSlate, highlights Japan's tax reforms, legal positioning of DAOs, and support for Web3 events. Since 2017, Japan has mandated registration for cryptocurrency exchanges to ensure user safety. This regulatory clarity has led to innovations like stablecoin issuance. Large corporations like NTT Docomo and Square Enix are entering the Web3 space, signaling Japan's Web3 ecosystem's maturity. Monex Group, a financial holding company, offers various crypto-related services and has a Web3 consulting business. Their expertise includes NFT projects and community building. Monex's OASIS project, operating across multiple metaverses, has attracted a large community. The company's insights from OASIS are leveraged to support other organizations entering Japan's Web3 market. Monex Group actively participates in industry events, showcasing its expertise and services in the evolving Japanese Web3 market.

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