Virtualization, Partnerships, and E-commerce Revolution: Industry News

user avatar

by Giorgi Kostiuk

2 years ago

The blockchain industry continues to astonish with new developments and partnerships. In this article, we review advances by Virtuals Protocol, Hedera, and Web3Bay.

Blockchain Virtualization

Virtuals Protocol has garnered attention with its AI tokenization strategy, leading to a 62.4% increase in VIRTUAL token prices. Artificial intelligence is not only developed here but also monetized, showcasing the power of blockchain in new niches.

Hedera's Partnerships

Hedera recently announced collaborations with SpaceX and Chainlink, broadening blockchain applications to space and real asset tokenization. These initiatives reinforce Hedera's position as a leader in blockchain innovation.

Web3Bay Launch

Web3Bay promises a revolution in e-commerce through decentralized technologies, IPFS storage, and smart contracts. Their presale has raised over $254K, highlighting growing interest in these innovations.

Technological advancements in the blockchain industry continue to expand, presenting new opportunities for the development of decentralized platforms and solutions.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Crypto Economic Activity Remains Strong Despite Market Downturn

Crypto economic activity has shown resilience despite a significant drop in market capitalization, indicating a shift in market dynamics.

user avatarEmily Carter

Visa's Research Highlights Trust as a Barrier to Stablecoin Adoption

Visa's research highlights that trust and fraud protection are essential for stablecoin adoption, with 36% of US respondents considering their use, especially with bank-level protections.

user avatarTomas Novak

Cardano's Onchain Governance Approves New Treasury Allocations

Cardano's governance system has approved a new round of treasury allocations aimed at infrastructure and ecosystem development.

user avatarKaterina Papadopoulou

Galaxy Invests $100 Million in Onchain Credit Infrastructure

Galaxy has invested $100 million in Sky Protocol's yield-bearing sUSDS, integrating it into its corporate treasury and allowing it as collateral for institutional trading.

user avatarMaya Lundqvist

Blockchain.com and NYSE Join Forces to Launch Tokenized Trading Platform

Blockchain.com and the New York Stock Exchange have signed an agreement to develop a platform for trading tokenized US stocks and ETFs.

user avatarLeo van der Veen

Circle Launches StableFX for Onchain Foreign Exchange

Circle has launched StableFX, a service for institutions to exchange stablecoin-denominated currencies on its blockchain, Arc, enabling 24/7 currency exchanges and improving foreign exchange efficiency.

user avatarLi Weicheng

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.