“Web3” used to be an empty industry buzzword that described the next iteration of the internet. Web3 remains a frustrating buzzword in 2022. However, the Blockchain community has made it a priority to eliminate this annoying term. Give it real-world utility.

This week’s Crypto Biz newsletter features several major funding rounds dedicated to building the Web3 economy. After reading through the stories, you can decide whether we’re actually getting closer to defining Web3. You might also be interested in Special Purpose Acquisition Companies or SPACs. One crypto-focused SPAC closed its initial public offering (IPO) on Nasdaq. The company raised $115 million.

Framework Ventures dedicates 50% of its $400M funding to web3 gaming

KuCoin companies create $100M Web3 developer funds

CoinDCX Crypto Exchange raises $135M in funding for Indian Web3

SPAC with a focus on crypto raises $115M for Nasdaq’s IPO

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