Glad to have partnered with @andymexyz@andyprotocol for our #BuildersGalore event 👩💻⚡️
@andymexyz is a platform to add your links, showcase your social feed & flaunt your NFTs and pioneering identity conversations.
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Funding💰
1. Matter Labs Raises $200M to Scale Ethereum With zkSync Solution
2. Xternity secures $4.5 million in funding to boost Web3 games.
3. Virtualness, a Web3 startup, garnered $8M in a seed round.
See you again next week👋
Here is a weekly roundup of all the news happened in the Web3 ecosystem⚡
Proof-of-Reserves (PoR) was trending on Twitter as OGs explained how essential it is for exchanges to be transparent with funds.
https://t.co/Cl1IIyG47d
A proof-of-reserves-and-liabilities is a subset of the more general goal of on-chain accounting.
If all labeled transactions were on chain, you could auto-generate cash flow, income statement, and balance sheet.
It’d be publicly verifiable too. Drill down in block explorer.
NFTs🖼️🎨
1. 3LAU’s Royal will bring Music NFTs to the masses.
2. Coachella NFTs sold for $1.5M are stuck on FTX.
3. Justin Bieber lost 95% value of a Bored Ape NFT.
4. Sony Files Patent for Tracking In-Game Digital Assets With NFTs.