Monthly newsletter. Web3 Waves: Riding the Future of Digital Revolution
May Edition
Dear Semoto Community,
Semoto Introduces Comprehensive Negotiation Feature to Marketplace
We're excited to announce a significant enhancement to Semoto's marketplace: clients can now conduct full negotiations with providers directly on our platform. This new feature streamlines the process, making it more efficient and effective for both clients and providers.
Here's how it works:
Our goal with this new feature is to enhance the efficiency and effectiveness of the marketplace, providing a seamless and productive experience for all users. We believe this will not only save time but also improve the quality and clarity of negotiations, leading to better outcomes for everyone involved.
??Top Story:
Major Milestone Alert: The SEC has approved rule changes allowing spot Ether ETFs to trade in the U.S., marking a transformative moment for the crypto industry. Ethereum, the second-largest cryptocurrency, is now poised for broader institutional adoption.
This approval is not just a win for Ethereum but for the entire blockchain ecosystem. It highlights the increasing interest in smart contracts and decentralized applications (dApps), which are essential for the future of Web3.
With institutional investors now having a regulated pathway to Ethereum exposure, we can expect significant inflows, similar to the $13.44 billion seen with Bitcoin ETFs. This could very well propel Ethereum to new highs, as noted by market experts.
USA:
The passage of the FIT21 bill by the US House is a significant milestone for the crypto industry, but the journey is far from over. While its a step towards clearer regulations, the path to becoming law is fraught with challenges, including skepticism from the Senate and the White House.nbsp;The bill aims to redefine digital assets, categorizing them as either securities or commodities based on decentralization criteria. This is a win for decentralized platforms, but the practicalities of meeting these thresholds and navigating dual regulatory oversight could be cumbersome.
UK:
Stand with Crypto Expands to the UK
The Stand with Crypto initiative, which has mobilized over 700,000 crypto enthusiasts in the United States, is now making its mark in the United Kingdom. With a growing community of over 6 million crypto holders in the UK, the timing couldn't be better. The mission is clear: to unite crypto advocates, drive sensible innovation, and influence policy in a supportive regulatory environment.
The Mission of Stand with Crypto in the UK Stand with Crypto was born out of a need to mobilize the crypto community and engage them directly in the legislative process.
In the UK, the focus is on highlighting the contributions of web3 entrepreneurs who are leveraging blockchain technology to solve real-world challenges. By showcasing these innovations, the movement aims to emphasize the importance of a supportive regulatory and operational environment. Policymakers are increasingly interested in understanding the opportunities presented by blockchain technology.
领英推荐
The industry is uniting to better explain the social utility and benefits of blockchain, crypto assets, and web3 innovation. Through collaboration, Stand with Crypto aims to provide a clearer picture of how these technologies can benefit society.
?? Provider of the month:
We would like to welcome our latest member ColdChain as joined the Semoto marketplace, it's a great pleasure to have Dominic Fewster, Aaron Barefoot and the rest of the team onboard with us.
Coldchain offers End-to-end Marketing for the world-leading projects, Brands & Ecosystems.?
They specialise in developing and executing cutting-edge Digital Marketing Strategies tailored specifically for web3 projects.
With years of experience in Web3 and an incredible track record with major clients, Coldchain is an incredible addition to our Ecosystem.
?? Startup of the month:
The intersection of law and decentralized technology is evolving rapidly, and Gabriel Shapiro's MetaLeX is at the forefront of this transformation. Recently, MetaLeX raised $2.75 million in seed funding and is valued at $27.5 million. This hybrid law firm/tech company is pioneering new governance standards for crypto projects, addressing the complexities of decentralization with innovative solutions.
MetaLeX's approach involves creating "Cybernetic Organizations" or BORGs, which are governed by smart contract-enforced rules. This ensures that DAOs can operate efficiently and in alignment with their decentralized principles. Their first product, an operating system for DAOs, is already generating significant interest, including from two major crypto projects.
?? Interview
Our Founder Marco Morazzoni, speaks about how to find the best Service Providers in Web3:
Thanks for reading
The Semoto Team