We're Entering The Era Of Web4

🎣 w3.catch-of-the-wekk cw47

Author

Vicktoria Klich
November 22, 2024

GMGM and welcome to the 🎣 w3.catch-of-the-week, which, despite full speed, does not lose sight of its fishing rod and fishes out the most exciting news for you.

We don't waste any time and start with... my top 5 headlines. Bullish or Top Signal (you tell me)?

  1. Micro Strategy has bought more Bitcoin, but is not done + $MSTR is the most traded stock 📈

  1. Retail is getting a Phantom Wallet 🎰

  1. Tron founder Justin Sun buys a banana for $6.2 million

  1. Bitcoin ETFs recorded over $100 billion volume

  1. BlackRock offers Bitcoin ETF options trading and sees almost $2 billion in volume on the first day

🔥 It’s time to get ready for Web4
🤓 Tether & A Mica Compliant Stablecoin?
🤩 New w3.vision Partner Announcement
💰 Updates from our Portfolio Companies
👀 Chainlink for institutions

 🫡 Solana Co-Working Friday- Today.

 🖼️ Onchain Art Berlin (OGC x Aura) - 28th Nov.

👩‍💻 Solana 3 Day Dev Bootcamp - 2nd Dec.

🎄 w3.hub XMAS Party -5th Dec.

Web4 is coming faster than you might think

Web 4, also called the "Intelligent Web" or "Symbiotic Web," is the next stage of the internet. It combines Artificial Intelligence (AI), blockchain, and the Internet of Things (IoT).

This creates a smarter and more connected web where machines can learn, adapt, and interact with humans and other machines.

You can think of it as a combination of all the previous levels (Web1, Web2 & Web3) + AGI (artificial general intelligence).

🤓 Put simply, artificial general intelligence (AGI) is an advanced form of AI that can think, learn and solve problems like a human being, across a wide range of tasks.

How does it work with Blockchain?

Artificial General Intelligence (AGI) needs blockchain because traditional financial systems are not suitable for autonomous AI systems. Cryptocurrencies allow AI to make transactions easily and without barriers.

AI agents learn by collecting data from social media platforms like X (formerly Twitter) and Reddit. These open networks give them endless opportunities to interact with humans and other AI systems. They can respond and learn independently without human help.

Platforms like Discord, which are more private, are also used by AI agents. There, they can communicate with each other, share ideas, and solve problems together.

Overview of the current most well-known AI crypto agents:

  • Zerebro (AI Artist/Influencer)

  • Terminal of Truth (The OG - if you haven't already, just look at the tweets)

  • Luna (AI Influencer TikTok + X)

  • AIxbt (AI Agent Market Analyst)

AI Investment Platforms:

The applicability in the financial (mainly crypto) sector has already been clearly demonstrated by AI agents in recent weeks, but what other use cases are there?

  • Healthcare: AI diagnoses diseases and monitors patients remotely.

  • Finance: Automated trading systems and fraud detection using blockchain.

  • Education: Interactive learning tools powered by AI.

  • Logistics & Manufacturing: Smart factories optimize production; supply chains improve efficiency.

💅 We live in times of rapid technological progress, where it is easy to feel both fear and euphoria. However, AI raises challenges such as privacy concerns, potential job losses, and ethical issues related to the use of AI.

Tether reacts to Mica Regulation

Quantoz Payments, a blockchain company from the Netherlands, has launched two new MiCA-compliant stablecoins: USDQ (pegged to the US dollar) and EURQ (pegged to the Euro).

These stablecoins are available for trading on Bitfinex and Kraken since November 21. Tether, along with Kraken and Fabric Ventures, has invested an undisclosed amount in Quantoz.

The launch comes ahead of the EU's Markets in Crypto-Assets (MiCA) regulation, which will take effect in December.

Coinbase had announced in October that it would delist Tether and other non-compliant stablecoins in December 2024.

Quantoz is licensed by the Dutch Central Bank as an Electronic Money Institution, and its stablecoins are fully backed by fiat currency and liquid financial instruments.

Blue = USDC, Green = USDT, Yellow = DAI

As can be seen in the chart above, Tether has gained about 5% of the total supply of stablecoins over the last year, while Circle has lost about 5%.

Currently, Circle’s EURC and Société Générale’s EURCV dominate the euro-stablecoin market with a 67% share.

Tether has not yet received a MiCA license for its USDT stablecoin, which may be why it decided to support Quantoz through this investment.

Our next Partner is Solana

I don't have to tell you anything more about it, Solana is literally everywhere - so we are all the more proud to announce Solana as a partner of the Digital Assets Season.

We'll dive deep into how institutions are leveraging the Solana network to build new financial infrastructure and products—showcasing their strategies and business cases through our events, industry calls, podcasts, and more.

And who better to give you all the insights than Nick Ducoff, Head of Institutional Growth at Solana?

We are proud to announce that our portfolio company, Cashlink, has won the FinTech Germany Award 2024 in the category "Digital Assets."

Together with partners, they are currently building a fully digital and tokenized capital market 2.0. This new approach offers significant cost advantages across the entire value chain and makes assets more accessible and transferable.

“The very progressive regulation (hashtag #eWpG) is a real competitive advantage for Germany.” - Michael Duttlinger, CEO of Cashlink.

Tokenize.it secured Funding by Angels

Our portfolio company Tokenize.it has provided some more great news. The tokenization company has raised over €600,000 from its round of angel investors.

We warmly congratulate the entire team and look forward to a future in which more companies tokenize themselves.

Chainlink is working with Banco Inter on the Brazilian Drex CBDC project to improve trade finance. Chainlink is using its Cross-Chain Interoperability Protocol (CCIP) to connect the Brazilian digital currency (Drex) to other countries' central bank digital currencies (CBDCs).

This enables secure and efficient cross-border, cross-currency and cross-chain transactions. It also tokenises an electronic bill of lading (eBoL). This automates payments during the shipping process.

Microsoft is providing the cloud infrastructure for the project. Their role is important to scale the system and ensure it can support many users.

This use case is exciting because it shows how blockchain can automate and improve international trade, making it more efficient, secure and transparent. It also shows how different currencies and systems can work together seamlessly using blockchain technology.

Vicky & Marvin are Web3-obsessed. That's why they host a weekly podcast featuring updates and cool stuff.

Don't miss out on any news, updates, & vibes anymore. Discord is so yesterday. Let's meet on Telegram.