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Makers Fund-backed virtual social app MEW woos comic fans in the US

TechCrunch

Raven Gao didn’t set up virtual social platform MEW to ride the metaverse wave. He began working on MEW in mid-2019 with a Tencent veteran because he wanted to build a virtual safe haven for socially awkward introverts like himself. In 2021, when “metaverse” became all the rage in both the U.S.

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Friend.tech hype is skyrocketing, but will it actually reach the stars?

TechCrunch

Since Friend.tech opened its invite-only beta test 11 days ago, the decentralized social-focused app has quickly attracted a lot of users, even catching the attention of big name crypto influencers, NBA players and OnlyFans creators. But can it convert all the early hype to meaningful, lasting traction?

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Meet the newest crypto builders from web3 accelerator Alliance DAO’s demo day

TechCrunch

About three-fourths of the teams are focusing on NFTs, infrastructure or decentralized finance (DeFi), while the majority of the teams are building on layer-1 blockchains Ethereum, Polygon and Solana. What it does: Exclusive social clubs on top of NFTs. channels like Twitter or Discord onto blockchains. Stage: Seed round.

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Digital listening reveals 3 leading innovation drivers

CIO

The listening centered on conversations about emerging technologies and use cases associated with innovation, such as artificial intelligence, metaverse, blockchain, robotics, Web 3.0, It surpasses blockchain and metaverse projects, which are viewed as experimental or in the pilot stage, especially by established enterprises.

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Glow Labs raises seed round to help NFT creators reward their loyal customers

TechCrunch

The NFT market was worth $41 billion at the end of last year — nearly as large as the conventional art market by some estimates — and it’s expected to nearly double in size by the end of 2022, according to a report released this week by blockchain analytics firm Nansen.

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Web3 Venture Funding Bounces Back Slightly From Last Year’s Lows

Crunchbase News

Editor’s note: For more Web3 coverage, visit Crunchbase’s Web3 Tracker , where we track startups, investors and funding news in the Web3, cryptocurrency and blockchain space, powered by Crunchbase ’s live, comprehensive data. However, venture dollars are still down year to year and well off the highs seen in 2021-22.

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ACE Selects Four Blockchain Innovation Challenge Winners to Expand Economic Opportunity to Underserved Learners

DevOps.com

Phase 1 winners in Arizona, Nebraska, Texas, and Utah will each receive $150,000 to apply emerging technology to empower social and economic mobility Washington—Feb. The post ACE Selects Four Blockchain Innovation Challenge Winners to Expand Economic Opportunity to Underserved Learners appeared first on DevOps.com.