This week in web3 #4
Every Friday afternoon, we share with you the most important news of the week in the world of web3.
1️⃣ FTX is working on a stablecoin
FTX fueled the stablecoin war by announcing their own stablecoin that will be released in the not-too-distant future. https://www.coindesk.com/business/2022/10/27/crypto-exchange-ftx-is-working-on-creating-a-stablecoin-report/
2️⃣ Google introduces Blockchain Node Engine
Google is making deploying a new Ethereum node very easy thanks to their new Blockchain Node Engine. Other blockchains will follow. https://cloud.google.com/blog/products/infrastructure-modernization/introducing-blockchain-node-engine
3️⃣ Blockchain-based serverless functions
EXM is a serverless environment powered by Arweave that enables developers to create serverless functions on the blockchain. Check out Nader Dabit's article for a great intro to this promising new tech. https://dev.to/dabit3/introduction-to-execution-machine-exm-permanent-serverless-functions-3fhb
4️⃣ SeatlabNFT changes the ticketing game
SeatlabNFT, a ticketing platform on top of the NEAR blockchain that is supposed to change the ticketing game, was launched earlier this week. https://near.org/blog/introducing-seatlabnft-the-web3-startup-changing-the-ticketing-game/
5️⃣ ArDrive rejected by Apple for obscure reasons
ArDrive, a file storage system built on top of Arweave, has been rejected from the App Store because Apple could not take their 30% cut on the $AR cost required to upload a file to Arweave. 🤡 https://jonniesparkles.medium.com/wen-ardrive-mobile-for-ios-c1f9153c875a
6️⃣ LooksRare goes zero royalties
LooksRare just followed the lead of other NFT marketplaces by announcing they would go zero royalties by default but direct 25% of its protocol fee to creators. https://decrypt.co/113021/nft-marketplace-looksrare-zero-royalties