TOP NEWS IN WEB3, METAVERSE, CRYPTO AND NFT AND AN EXCLUSIVE META TALKZ WITH FooDoo's NIKITA MAKAROV

Join us at the upcoming WEB3FESTLA this July 28, 2022!

This is a 1-day event that will feature keynotes, and panels about the metaverse, blockchain, crypto, NFTs, virtual worlds, DAO, and Play-to-earn Games impacting every industry! 50 curated enthusiasts, executives, and entrepreneurs coming together to learn, network, and celebrate the future.

Hurry! We only have few more spots left for a ticket to this exciting in-person event on July 28!

Web3 dominates venture capital interest in blockchain industry in Q2 2022

Cointelegraph Research brings an analysis of all the deals and trends from venture capital (VC) in the blockchain industry during the second quarter of 2022.

When looking at the aggregate total amount invested into the crypto industry in the second quarter, it will tell one story. However, a deeper dive into the data tells another tale. From a high level, the $14.67 billion invested in Q2 is about flat with the $14.66 invested in Q1. But, the largest chunk of that investment was in April, before the last two months of a large slump in global markets, which made even the most bullish crypto investor admit?the bear market has arrived.

How the crypto winter is laying groundwork for Web3 to reach its potential

Cryptoasset markets have lost around US$2 trillion in value since their peak late last year. Predictably, some in the mainstream media have rolled out obituaries for Bitcoin and others. To be sure, the breakdown in prices has been painful if you have a short-term time horizon. Declining asset values also suggest investors may have cooled on the sector, at least for now. But don’t let the crypto price “tail” wag the blockchain and?Web 3.0?“dog.”??

The Metaverse Will Reshape Our Lives. Let's Make Sure It's for the Better

The U.S. Securities and Exchange Commission reports that in the first six months of 2022, the word?metaverse?appeared in regulatory filings more than 1,100 times. The previous year saw 260 mentions. The preceding two decades? Fewer than a dozen in total. It increasingly feels as though every corporate executive feels the need to mention the?metaverse—and of course, how it naturally fits the capabilities of their company better than those of their competitors. Few seem to explain what it is or exactly what they’ll build. The executive class also appears to disagree over fundamental aspects of this new platform, including the criticality of virtual reality headsets, blockchains, and crypto, as well as whether it’s here now, might be soon, or is decades in the future.

Read more of the latest news here!

• Preparing For What Comes After The Metaverse
• Dubai crown prince announces launch of new metaverse strategy
• Old Navy Licenses BAYC NFT for Latest T-Shirt Release

Technology helps Food Industry become Sustainable: A Meta Talkz with Nikita Makarov

What was your journey like to get where you are??

FooDoo tech company’s story begins from the moment when my?business?partner Kirill and I met together to work on a food tech product in Moscow. We shared one team and different experiences such as strategic planning, software product management, and hardware development. We’ve built a ready-to-eat delivery service from scratch to building operations right before the pandemic and decided to continue developing business together. We figured out that combining our expertise and experience would be beneficial for the project. Along with that, we do like to work together.

Before the pandemic, we’ve managed to install micro-stores in Moscow and analyzed their benefits. There was a great finding that our technology could reduce food waste by up to 50% among the results. We found out that food waste reduction is a concern for all big foodservice companies and a great starting point for improving and implementing technology we’ve invented earlier. Thus, we started to look at worldwide food markets, talk with experts in the EU and the USA, and test new hypotheses there. That’s how FooDoo was founded, and we found ourselves spread across the globe.

In a simpler phrase, what is your company exactly doing??

FooDoo is making Grab&Go sustainable, delicious, and close to people. FooDoo’s micro-stores can offer restaurant-quality food in just 2 minutes. Moreover, innovative software and hardware integrated into micro-stores help to track expiration dates, analyze users’ preferences and conduct sustainable production planning using this data. All this helps to reduce food waste in Grab & Go segment by up to 50%! It is very important considering that 35-45% of food is thrown away and it leads to enormous levels of CO2 emissions. We have also reduced the frequency of delivery to 1 time per day also reducing CO2 emissions.

What about Metaverse are you most excited for in the future?

Metaverse as a business platform has very few constraints. Compared to real-world business models, the metaverse is least affected by scarcity. Unlimited land, resources, and opportunity only capped by imagination. It could inspire innovation outside of metaverse and possibly become a foundation for new types of businesses built entirely in virtual space.

Why should we be paying attention to the Metaverse??

Being one step ahead of the competition, exploring new horizons, and taking up new challenges is an integral part of modern business, and metaverse is no exception. Just as Bitcoin was a fun experiment, primarily known in cryptography circles, before exploding into the massive market, it is today. Metaverse might be the new opportunity we have all been waiting for, expanding currently crowded and complex to enter markets into infinite creative and commercial spaces.