• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Samsung Invests in Startale Labs to Advance Web3 Technologies

user avatar

by Giorgi Kostiuk

a year ago


  1. The History of Startale Labs
  2. Samsung's Vision for a Decentralized Future
  3. The Significance of Soneium

  4. Samsung Next, the venture capital arm of South Korean tech giant Samsung, announced a strategic investment in Startale Labs, a rapidly growing Web3 company known for its innovative contributions to decentralized technologies.

    The History of Startale Labs

    Founded in 2023 by Sota Watanabe, Startale Labs quickly established itself as a key player in the Web3 space. Initially an independent entity, the company soon formed a joint venture with Sony Network Communications.

    Samsung's Vision for a Decentralized Future

    In its official press release, Samsung Next highlighted the limitations of traditional centralized systems, such as security vulnerabilities and transparency issues. The company sees potential in decentralized technologies to create an open, secure, and equitable digital infrastructure.

    The Significance of Soneium

    One of the key components of Startale Labs' collaboration with Sony is the development of Soneium, an Ethereum Layer-2 blockchain designed to make Web3 more accessible to users. Soneium leverages optimistic rollups built using the Optimism OP stack and integrates Startale’s Astar zkEVM infrastructure.

    The collaboration between major tech companies like Samsung and Sony highlights the importance and growing interest in decentralized technologies. Startale Labs, playing a key role in this process, is expected to help accelerate the adoption of Web3 technologies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SPX6900 and Official Trump Experience Price Drops Amid Market Volatility

chest

SPX6900 and Official Trump tokens have experienced significant price drops of 5.81% and 3.12% respectively due to market volatility and profit-taking.

user avatarSon Min-ho

Eric Balchunas Defends Suitcoiners Amid Criticism

chest

Eric Balchunas defends institutional investors, known as suitcoiners, claiming their involvement has driven the recent Bitcoin bull market and improved its stability.

user avatarAyman Ben Youssef

Institutional Investors Impact Bitcoin Market Dynamics

chest

The dynamics of the Bitcoin market are shifting as institutional investors increase their demand for the cryptocurrency, leading to lower volatility and potential negative effects on retail investors.

user avatarTando Nkube

Best Personal Loan Options for Self-Employed Professionals in 2024

chest

A recent analysis identifies the best personal loan options for self-employed professionals in 2024, highlighting market leaders that offer tailored loan products.

user avatarSatoshi Nakamura

Key Loan Requirements for Self-Employed Borrowers Explained

chest

Key loan requirements for self-employed borrowers explained.

user avatarKofi Adjeman

Freelancing Boom Complicates Personal Loan Access for Self-Employed

chest

The shift towards independent contracting and gig work has complicated access to traditional financing for self-employed individuals, as lenders view nontraditional income as unstable, requiring rigorous documentation.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.