We’re bringing you a round-up of the most recent top news and must-read articles from the Web3 space!
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Welcome to Last Week in Web3 by Bware Labs—a series highlighting the news we enjoyed and thought you should know about.
Get caught up on the biggest news from last week!
??In the News:
Issued on a 1:1 basis, BTG Dol—a dollar-backed stablecoin launched by the largest investment bank in Latin America—will allow for easier and safer investment opportunities.
Polkadot has submitted a trademark application for a blockchain-based messaging application, implying software for social networking might be in the works.
Ralph Lauren introduces cryptocurrency payments at its new Miami Design District store and launches co-designed NFT with Poolsuite, which grants entry to an exclusive event.
Together with Google Cloud, Celo Foundation seeks to support sustainability-centered startups within the Celo network in driving sustainable innovation through their Web3 applications.
Thanks to the rise of Web3, 3D, and AI in e-commerce, it’s now possible to enjoy 3D footwear presentations, try on outfits from the world’s most sought-after fashion brands, and get instant product listings for Amazon vendors to rank higher.
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The latest version of MetaMask features a dedicated NFT tab that makes it easy for users to view and manage their digital assets as well as send ERC-721 tokens.
A Web3 gaming marketplace gearing up for debut authorizes users to resell their purchases through a secondary marketplace. One important condition for publishers is to keep their royalty fee within 70% of the release price.
Web3 offers a lot more than just ownership rights. Verifiability, which experts believe is crucial in enabling authenticity and rebuilding trust in today’s systems, may prove to be an even more important characteristic of Web3.
Japan takes steps to establish a Web3-friendly environment within the country, recommending further modifications to tax regulations and a keen focus on technology-agnostic and ethical innovation.
Utility NFTs may be used in phygital experiences and metaverse branding to push forward the widespread adoption of Web3 through real-world benefits.
Avalanche’s Evergreen Subnets, comprising a range of blockchain deployments and tooling, let financial innovators enjoy the scale of public blockchains without trading off the security and control that come with private blockchains.