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Starting or ending your Monday with This Week in Web3? We know a web3 bullish person when we see one! 👀 Let’s get you in on the latest web3 happenings!
For you and Posty this week👇
Weekly Web3 Updates
Web3 reality show in the metaverse! ✨
Minecraft, INR to top and Celsius’ chess move! 🚀
Web3 Jobs & Reads
Estimated Reading Time: 3:06 minutes
Weekly weather report 🌦
Quick Web3 updates curated for you:
🏦 JPMorgan uses blockchain for 24/7 dollar transfers with Indian banks
🧑⚖️ Do Kwon out on bail once again after court dismisses prosecution appeal
👝 Atomic Wallet says the hack affected 1% of active users, but investors claim otherwise
🗽 New York’s Met museum agrees to return $550K in FTX donations
🏎 AI-based self-driving tech start-up Minus Zero unveils India’s first fully autonomous vehicle
Who won the web3 reality show in the metaverse? 👀
Have you been following the first-ever reality show in the metaverse created by Binance? 👀
No? Well, It’s like 'Shark Tank', but instead of the usual faces, suits and ties, Binance dove deep into the metaverse where the sharks were hunting for the next big Web3 startup! 🦈
Here’s the tea on 'Build the Block'! 🛠
🏆 'Build the Block' is a web3 reality show Binance where web3 startups pitch their products to judges, and winners get an investment from Binance Labs.
🤯 12 brave web3 startups were chosen from a whopping pool of 900 candidates.
📺 This seven-episode show premiered on May 12, 2023, and could be streamed right from your comfy couch through Binance Live or their official YouTube channel.
The web3 warriors who jumped in 👇
Now, drumroll, please! 🥁
The metaverse has crowned its champion - zkPass! 🏆🎉
zkPass, the winning startup, is a decentralized identity verification solution. The goal is to preserve your privacy in the vast world of Web3! 🚫🔐
The secret sauce? 🤫
Their reliance on multiparty computation and zero-knowledge-proof technology. 🛠
The zkPass team, led by co-founder Joshua Peng, is over the moon (or should we say, over the metaverse 😎) after the victory. With the treasure chest of investment they've won, they're now set to build a more robust decentralized infrastructure with Binance Labs.
More investment offers from Binance Labs 👇
Mind Network, a decentralized privacy-preserving data lake
Kryptoskatt, a platform simplifying Web3 finance
Bracket Labs, a DeFi platform creator
dappOS, an operating protocol
And…that's the scoop on the first reality show in the metaverse! The future of Web3 is getting hotter and more exciting! Watch out for zkPass! 🚀
If you liked reading this, feel free to click the ❤️ button on this post or restack it so more people can discover it on Substack 👇
Web3 Shorts 🗞
🧱 GPT-4 is an excellent Minecraft player
Nvidia researchers have developed a new bot called Voyager that can play Minecraft using GPT-4. It uses GPT4 to solve problems within the game and improve its skills. It does not play the game in the same way that a human would, as it can see the state of the game directly via an API. Unlike other bots, Voyager wrote its own code through trial and error and many GPT-4 queries!
Can you see a future where robots roam freely in our hospitals and homes? Let’s just hope nothing like Black Mirror happens IRL! 😳
🇮🇳 🇨🇳 India and China to top the charts!
British economist Lord Jim O’Neill is anticipating that the US dollar will have to pass the mic to new chart-toppers - the Chinese yuan and maybe even the Indian rupee! And here's the showstopper: by the end of this decade's economic concert, he predicts China and India will be rocking the stage as two of the four largest economies!
The global stage is sure tuning up for the new Chinese yuan and Indian rupee duet! 🎸
♟ Celsius’ $800M chess move!
Celsius Network has reshuffled its Ethereum staking strategy, pushing the waiting time for new validators to 44 days. This move follows their bankruptcy protection filing and involves shifting a large portion of their redeemed Ethereum into staking contracts while they await the remainder from Lido Finance.
We guess, patience is the new currency in the crypto cosmos! 💸
Where do you get the BTS of web3?
Presenting The Ramp Show, a web3 podcast made to help builders build better through the lens of seasoned web3 founders and influential people in BD and the ecosystem. We are coming back with another season with upgraded conversations and vibes. ✨
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Win BIG in Web3 👩💻
A web3 product teardown and an interesting giveaway by The Product House! 🚀
🛠 Web3 Product Teardown 🛠
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✨ 100 Tees up for grabs! ✨
The Product House is giving away 100 swags to celebrate their partnership with Reclaim Protocol 👕
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