#Web3

Web3 gaming platform is launching a Layer 2 blockchain testnet, Immutable zkEVM, to reduce dependence on a single network infrastructure. The platform utilizes Polygon Supernets, which facilitate the creation of application-specific blockchains.

Football club Barcelona, an official partner of the cryptocurrency exchange WhiteBit, has divested some of its shares in Bridgeburg Invest.The aim? Raise funds for a new Web3 endeavor named Barca Vision. This project is designed to become a hub for all club-related digital wonders, be it NFTs or metaverse explorations.

Dubai is launching an aggressive campaign to attract tech giants in artificial intelligence and Web3, offering hefty subsidies that could cover as much as 90% of commercial licensing fees. The Dubai International Financial Centre (DIFC) has been assigned the duty of issuing these licenses, and its executives look forward to engaging foreign businesses and investors with optimism.

In collaboration with its subsidiary Zynga, acquired for $12.7 billion last year, Take-Two is launching “Sugartown,” a web3 game built on Ethereum, marking the debut of a “major mobile game developer” crafting a crypto-based game “from the ground up.” Players will utilize Ethereum (or ERC-721) tokens to access the game, stake for energy, and earn in-game currency. Access tokens named Oras will also be minted this year as part of an initial release.