Web3 Foundation News

The Web3 Foundation, dedicated to the development of the Polkadot ecosystem, has announced a $1 million seed investment in tokenized treasury bills. In an X post on Nov. 29, 2023 the Web3 Foundation unveiled plans to put $1 million in…

The Web3 Foundation, a firm whose flagship project is the Polkadot blockchain protocol, has unveiled a new initiative to allocate $22.08 million and 5 million DOTs throughout the year 2024.

On April 25, Google Cloud announced partnerships with Solana, Alchemy, Nansen and several other crypto firms as part of the web3 startup program. 

The Web3 Foundation in a recent press release, came at SEC regarding the DOT, stating the regulator should not classify it as a security. According to the foundation, DOT is just a mere software.

Daniel Schonberger, Chief Legal Officer of the Web3 Foundation has condemned the proposed expansion of the Product Liability Directive (PLD) by the European Commission,

The Web3 Foundation has announced a pilot program pilot program for blockchain to act as a new platform for the creation, distribution and monetization of digital media content.