Singapore blockchain start-up Web3Go raises $4M in seed funding led by Binance Labs, along with prominent investors Hashkey Capital and NGC.
The funding was led by Binance Labs, the venture capital and incubator arm of the renowned crypto exchange Binance.
Other notable participants in the funding round included Hashkey Capital, NGC, Shima Capital, IVC, LIF, Big Brain Holdings, and Archerman Capital.
As a graduate of Binance Labs’ incubation program, Web3Go has also been selected for additional programs such as the BNB Chain MVB V, AWS Activate, Google Cloud Startup, and Web3 Foundation Grant program, all of which have provided funding support to the start-up.
The fact that Web3Go was chosen for the Cyberport Incubation Program in June further solidifies its position as a key player in the Web3.0 space, backed by the support of the Hong Kong government.
🚀 Web3Go DIN is set to launch! 🚀
Our 🐣 Early Bird tickets 🐣 for DIN passport #NFT are available and we're releasing a BIG batch!
⏳ It's first come, first served!
🎁 DIN passport NFT Mint starts: July 10th
🔥 Grab your ticket now: https://t.co/v9FOG2Jlbl#Web3Go #DIN pic.twitter.com/xd9GUd8fxw
— Web3Go 🚀 To the DIN (@Web3Go) July 5, 2023
Addressing Ownership Verification Challenges in the Digital Asset Space
Web3Go recognizes the need to tackle the ownership verification challenges surrounding AI-native digital assets.
With the increasing proliferation of AI technology, it is crucial to establish a fair and transparent system that guarantees creators’ ownership rights.
By leveraging blockchain technology, Web3Go aims to provide a trustless environment where ownership can be verified immutably.
Building an Intelligent Network for AI-Native Digital Assets
Web3Go envisions the development of an intelligent network on the blockchain that harnesses the power of its in-house AI and big data infrastructure.
This network will enable users to tap into both on-chain and off-chain data sets, knowledge databases, and AI capabilities to create a wide range of AI-native digital assets.
These assets include transaction information streams, trading strategies, trading support robots, and intelligent assistants for entertainment, education, and social interactions.
Driving Adoption of AI in the Blockchain Space
As AI technology continues to advance, its integration with blockchain offers promising opportunities for innovation.
Web3Go is at the forefront of driving adoption by providing data and AI services to various public chains and blockchain projects.
By offering real-time full-chain data for the BNB Chain and Polkadot ecosystems, Web3Go plays a vital role in supporting the growth and development of these blockchain networks.
Web3Go’s Collaborative Partnerships and Government Support
Web3Go’s partnerships with industry-leading organizations such as Binance Labs, Hashkey Capital, and NGC demonstrate its strong positioning in the blockchain and AI sectors.
Furthermore, being selected for additional programs, including those supported by the Hong Kong government, emphasizes the recognition and support Web3Go has gained in the Web3.0 startup ecosystem.
DIN: A Platform for Content Creators and End-Users
Web3Go’s upcoming platform, DIN, is poised to empower content creators and end-users in the AI and blockchain space.
With its planned integration of real-time on-chain trading data, DIN will provide users with the tools and resources to create and utilize AI-assisted trading information streams, strategies, and robots.
This integration not only enhances the user experience but also ensures ownership verification of digital assets, instilling trust and confidence in the creator economy.
NFT Minting and the Evolution of Digital Collectibles
The announcement of the successful sale of Early Bird tickets for DIN passport non-fungible tokens (NFTs) signifies the growing interest in digital collectibles and the evolution of the NFT market.
As Web3Go prepares for the minting process, it highlights the increasing role that NFTs play in enabling creators to tokenize their digital assets and monetize their work.
The Future of Web3Go and AI-Native Digital Assets
Web3Go’s ambitious vision to create a fair, transparent, and trustless creator economic system sets the stage for the future of AI-native digital assets.
As the platform evolves, it aims to revolutionize the way AI is utilized, owned, and traded on the blockchain.
By leveraging the power of AI, big data, and blockchain technology, Web3Go is poised to shape the future of the AI and blockchain landscape, unlocking new possibilities for creators, investors, and users alike.
The Intersection of AI and Blockchain: Opportunities and Challenges
The intersection of AI and blockchain presents numerous opportunities for innovation and transformation across industries.
However, it also comes with its unique set of challenges, including data privacy, scalability, and regulatory considerations.
Web3Go’s efforts to address these challenges and pioneer the development of AI-native digital assets exemplify the ongoing exploration and potential of this intersection.
The Importance of Trust and Transparency in the Creator Economy
Trust and transparency by Binance Labs are vital in the creator economy, where creators rely on fair compensation and recognition for their work.
Web3Go’s mission to establish a trustless creator economic system aligns with the growing demand for transparency and fairness in the digital asset space.
By leveraging blockchain technology, Web3Go aims to provide creators with ownership verification and revenue guarantees, ensuring that their contributions are valued and protected.
🙌All 4000 Early Bird tickets have been SOLD OUT in 12 hours!
Despite massive traffic and a few technical difficulties, our tech team never gave up and fixed everything.
We appreciate the support and patience from our community. Your questions were helpful and motivating!🩷 pic.twitter.com/bKlDhdW9il
— Web3Go 🚀 To the DIN (@Web3Go) July 6, 2023
The Role of Web3Go in Shaping the Future of Blockchain
As Web3Go continues to make strides in the blockchain industry, its innovative approach to AI-native digital assets sets it apart as a trailblazer in the space.
By consolidating real-time full-chain data, providing AI services, and building an intelligent network, Web3Go paves the way for the broader adoption and integration of AI and blockchain technologies.
Its collaborations, government support, and commitment to solving ownership verification challenges position Web3Go as a key player in shaping the future of blockchain.
Web3Go’s native asset creation platform, DIN, is set to launch in beta by the end of July.
It aims to cater to the needs of end-users and content creators, including analysts, traders, influencers, and writers, by offering unique solutions tailored to their specific requirements.
By the end of the third quarter, DIN plans to integrate real-time on-chain trading data, enabling users to create and utilize AI-assisted trading information streams, strategies, and robots.
This integration will also ensure the ownership verification of digital assets as AI-native through the protocol, guaranteeing creators’ revenue.
Currently, Web3Go consolidates real-time full-chain data for the BNB Chain and Polkadot ecosystems, while also providing data and AI services to various public chains and blockchain projects.
The start-up aims to address the challenges associated with ownership verification of AI-native digital assets and ensure creators’ ownership rights.
It plans to establish a fair, transparent, and trustless creator economic system by building an intelligent network on the blockchain.
This network will utilize Web3Go’s in-house AI and big data infrastructure to verify ownership and enable users to create a diverse range of AI-native digital assets, including transaction information streams, trading strategies, trading support robots, and intelligent assistants for entertainment, education, and social purposes.
In addition, Web3Go has announced the successful sale of its Early Bird tickets for DIN passport non-fungible tokens (NFTs).
The minting process for these NFTs is scheduled to begin on July 10.
With the support of prominent investors and its innovative approach to AI-native digital assets, Web3Go is poised to make significant strides in the blockchain industry.
The successful funding round and upcoming launch of DIN demonstrate the growing interest and potential for blockchain-based solutions in the market.
As Web3Go continues to develop its platform and expand its offerings, it aims to revolutionize the ownership and utilization of AI-native digital assets, paving the way for a more inclusive and transparent creator economy.
Conclusion
In conclusion, Web3Go’s successful funding round led by Binance Labs highlights the growing interest and support for AI-native digital assets and the integration of AI and blockchain technologies.
With its upcoming platform, DIN, and its ambitious vision for a trustless creator economic system, Web3Go aims to empower content creators, enhance user experiences, and drive the adoption of AI in the blockchain space.
As Web3Go continues to evolve and expand its offerings, it will play a crucial role in shaping the future of AI-native digital assets and revolutionizing the way creators interact with blockchain technology.
