Web3 Latest News 2023/3/2

NFTs:

• Jack Dorsey, the CEO of Twitter, sold his first tweet as an NFT for $2.9 million.

• Kings of Leon, a popular rock band, have announced that they will be releasing their new album as an NFT.

• The digital artist Beeple sold one of his digital art pieces as an NFT for $69 million, setting a new record for the most expensive NFT ever sold.

Metaverse:

• Decentraland, a virtual world built on the Ethereum blockchain, has seen an increase in popularity and usage as more people flock to the metaverse for entertainment and social activities.

• Roblox, the popular gaming platform, has filed for an initial public offering (IPO) and has plans to expand into the metaverse.

Crypto:

• Bitcoin, the largest cryptocurrency by market capitalization, has hit a new all-time high, surpassing $60,000 per coin.

• Elon Musk, the CEO of Tesla and SpaceX, has tweeted about Dogecoin, a meme-inspired cryptocurrency, causing its price to skyrocket.

Blockchain:

• Major companies such as Amazon, JPMorgan Chase, and Facebook are investing in blockchain technology and exploring ways to integrate it into their businesses.

• The Chinese government is planning to launch its own digital currency, which will be based on blockchain technology.

DAOs:

• A decentralized autonomous organization (DAO) called MakerDAO has become one of the most popular and successful DAOs, with a market capitalization of over $1 billion.

• The DAO Stack, a platform for creating and managing DAOs, has raised $11 million in a recent funding round.

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