Mastercard, a leading global payment technology company, has announced that it will enable merchants to accept cryptocurrency payments directly on its network. This means that consumers will be able to use their cryptocurrency holdings to make purchases at merchants that…
Web3 Startups Receive Record Funding in 2022, Gaming Dominates
Web3 technology companies received $7.1 billion in funding in 2022, with gaming, metaverse, and social networks as the most popular investment areas, as reported by Metaverse Post’s year-end report. Metaverse Post’s report found that start-ups in gaming, metaverse, social networks,…
The FTX Collapse And How Affected the Web3 Gaming Ecosystem
The FTX collapse had an effect on the entire crypto industry, but given the connections between Solana and FTX, Web3 gaming may have felt it the most. While some say GameFi depends on centralization to draw Web2 gamers, others predict…
Web3 Will Add $1.1 Trillion to India’s GDP By 2032
Over the next ten years, the global Web3 boom is anticipated to contribute $1.1 trillion to the Indian economy, supporting the momentum created by over 450 in-house firms, including CoinDCX, Polygon, and CoinSwitch, that is based on investments. India is…