• 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

Opter's Successful Presale Attracts Investor Attention

chest

Opter, a hybrid decentralized perpetual trading exchange, has successfully completed its presale stage 1, selling over 8 million tokens at a price of 0.02, attracting significant investor attention.

user avatarTando Nkube

Trump's Executive Order Aims to Reduce Grocery Costs

chest

President Trump signed an executive order to eliminate tariffs on over 70 food imports to reduce grocery prices in the United States.

user avatarNguyen Van Long

Major Bitcoin Options Expiry Triggers Market Volatility

chest

The expiration of 41,000 Bitcoin options contracts valued at 395 billion has led to increased market volatility and price declines.

user avatarKofi Adjeman

Kima Network Launches Universal Payment Infrastructure

chest

Kima Network has launched a unique infrastructure layer that connects wallets, blockchains, banks, and dApps, enabling seamless asset transfers.

user avatarSatoshi Nakamura

Institutions Urge Caution and Adaptability Amid Market Turbulence

chest

Institutions emphasize caution and adaptability for investors amid market turbulence.

user avatarTenzin Dorje

DASH Faces Crucial Resistance at 75

chest

DASH is currently testing the 75 resistance level, which could determine its next price movement.

user avatarJesper Sørensen

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.