Quick take: KINGSHIP Islands is free to play for any Roblox user. Users must complete quests to access the “Floating Villa”. Owners of one of the 5,000 KINGSHIP Key Cards can gain direct access to the “Floating Villa” without completing quests. Bored Ape supergroup KINGSHIP has launched an immersive experience on the Roblox Metaverse. The group is comprised of holders of Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs. 10:22PM, the Web3 label of Universal Music Group founded by Celine Joshua announced the launch on Thursday, describing KINGSHIP Islands as an in-game experience where Robl ..read more

Quick take: Moonbeam Network offers a smart contract platform for building cross-chain connected applications. DUX is a Web3 infrastructure provider and is on a mission to become the largest wallet provider in Brazil and the LATAM region. Grupo RÃO is the largest Japanese food delivery service in Brazil and will look to onboard its user base of about 1 million to the Web3 loyalty program. Moonbeam Network has announced a partnership with DUX and Grupo RÃO to launch a Web3 Loyalty Program in Brazil. The three companies are seeking to onboard the Brazil-based Japanese food delivery service, Gr ..read more

Quick take: The easy-to-use platform seeks to fix the problem created by fragmented development tools and complex implementations. Sequence Builder also hopes to accelerate the mass onboarding of players to Web3 games with its builder platform. The platform has already onboarded AAA  and indie game developers including Mighty Bear Games and BoomLand. Sequence has launched its full-stack, easy-to-use, no-code dashboard for Web3 games. The all-in-one web3 gaming development platform wants to empower game developers to bring their Web3 creativity to life by building quality AAA games on th ..read more

Quick take: The seed round brings the total raised to date to $8 million. The company said it will use the funds to accelerate the development of its non-custodial fixed-income DeFi protocol. Term Structure allows users to earn periodic interest from fixed-income products ensuring a reliable income stream to control funding costs. Term Structure has announced a $4.25 million funding round for a non-custodial fixed-income DeFi protocol. The fundraising also attracted participation from Decima Fund, HashKey Capital, Longling Capital, and MZ Web3 Fund. The platform provides users with peer-to-p ..read more

Quick take: Toniq Labs has launched the Bioniq Bitcoin NFT marketplace. The platform was created to simplify the process of buying and selling Bitcoin NFTs and help reduce Bitcoin congestion. Bioniq also offers a built-in wallet with smart wallet features and enables users to manage their private keys using Web3Auth. Toniq Labs has launched Bioniq, a Bitcoin-based non-fungible token (NFT) marketplace touted to be the fastest for Ordinals trading on the Internet Computer (ICP). The platform leverages Web3Auth to allow users to manage their own private keys, enhancing the security of their ass ..read more

Quick take: Setter has raised $5 million in a seed round led by A16z. The Web3 consumer app wants simple Web3 experiences for non-crypto native users. The company is building a “smart contract wallet” that allows users to easily switch from traditional Web2 payments to crypto using their credit cards. Web3 consumer-facing app Setter has announced a $5 million seed round led by Andreessen Horowitz (A16z). The fundraising also attracted participation from Marcy Ventures Partners, Dreamers VC, Thirty-Five Ventures and Serena Williams among others. Setter is building an app that its CEO Juan Her ..read more

Quick take: The state targets a $1 billion GDP boost from the gaming industry. Dubai also seeks to generate 30,000 new jobs in the gaming sector and contribute to the growth of Dubai’s digital economy. The collaboration marks the next phase of Wemade’s efforts to support the growth of blockchain gaming ecosystems in the UAE. Wemade has teamed up with Dubai Chambers to accelerate its blockchain gaming support in Dubai and the United Arab Emirates (UAE). It is the first and biggest gaming company to establish such a partnership with Dubai Chambers. Dubai Chambers was established to connect the ..read more

Quick take: Fuse has launched a $10 million grant program for Web3 projects. The EVM-compatible layer-1 blockchain wants to simplify the launch of non-custodial consumer fintech apps for businesses. Besides the funding, startups will also receive strategic mentorship and gain access to an ecosystem of Web3 payments. Fuse Network has launched a $10 million grant for Web3 projects focused on enhancing the utility of non-custodial wallets, decentralized finance (DeFi), and non-fungible tokens (NFTs).  The EVM-compatible layer-1 blockchain developer said it will use the Fuse Web3 Business G ..read more

Quick take: OKX has launched a crypto exchange and Web3 wallet in Brazil. The OKX Wallet features both Multi-Party Computation (MPC) technology and Account Abstraction (AA) features. The wallet allows OKX to offer Brazilian Real fiat-on ramps on the crypto exchange platform. OKX has officially launched a crypto exchange and Web3 wallet in Brazil. The crypto exchange company will now offer Brazilian Real fiat-on ramps on the platform, providing Brazilian users with a trusted, secure gateway to decentralized finance (DeFi) and crypto trading. Users will have access to hundreds of cryptocurrenc ..read more

Quick take: Matr1x will use the funds to accelerate the development of its mobile shooter game, Matr1x Fire. The latest fundraising brings the total raised to $20 million. Matrix has allayed fears that what happened to NetEase’s mobile title Hyper Front could happen to Matr1x Fire. Matr1x has announced a $10 million funding round co-led by Folius Ventures and SevenX Fund. ABCDE Capital, Jambo, Initiate Capital, and Find Satoshi Lab. The latest fundraising brings the total raised to $20 million, Matr1x said in a press statement. The company said it will use the funds to accelerate the develop ..read more