Web3 news August

1) Meta shared a first announcement on their Metaverse project

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It's safe to say, most were not impressed... What do you think? Read the post here

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2) Rembrandt Heritage Foundation will cut the Nightwatch

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Amsterdam based Rembrandt Heritage Foundation is planning to digitally cut Rembrandt’s most famous painting, the Nightwatch, into 8,000 pieces and sell them as NFTs. https://www.metarembrandt.com/

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3) Disney's accelerator

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Last month, The Walt Disney Company announced the six companies that will be joining the s2022 Disney Accelerator. This year’s Disney Accelerator class is focused on building the future of immersive experiences and specializes in new; most of them Web3; technologies.

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4) Ethereum merge

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The Ethereum merge is nearly there. Expected mid September, you might want to read up on what’s coming because the impact will be enormous. Everything you need to know written by Taylor Locke.

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5) Crypto.com gets UK regulatory approval

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Singapore-based cryptocurrency platform Crypto.com has registered with Britain's financial services regulator, the company said in a statement on Wednesday.

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6) Australia embarks on crypto stock-taking ahead of sector regulation

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Australia said on Monday it would do a virtual stocktake of the country's cryptocurrency holdings, the first signal from the new centre-left government that it plans to regulate the $1 trillion sector.

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7) AI takes the 'real' you into the metaverse

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London-based startup Lumirithmic wants to help you step into the metaverse with your 'real' face instead of the cartoon-like avatars.

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8) Dating in the metaverse

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"It's like high school drama but from people who are very much out of high school."

More here.

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9) Amazon acquiring more Web3

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Nexxworks' Laurence wrote an article (in Dutch) about her guess that Amazon might be acquiring so many health & smart home companies because of Web3: if the latter pans out as promised, users will be able to control their own data so that Web2 giants (like Amazon) won't be able to use it for marketing or service business models anymore.

List of the companies here.

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10) Is Mastercard partnering up with Binance

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Mastercard CEO: We're working with Binance to let people pay with crypto at 90m+ stores that accept Mastercard.

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11) Iran uses Crypto to bypass sanction

Iran registered its first import order to be paid in crypto since the government, strapped for foreign currencies due to sanctions, amended digital assets legislation to allow locally mined cryptocurrencies to be used for purchases. Read the full story here.