Sigma Capital has launched a $100 million fund to invest in web3 sectors, focusing on decentralized finance, blockchain infrastructure, tokenization, gaming, and the metaverse. The firm aims to invest in 100 early-stage startups and 25 liquid tokens over three years, optimizing portfolio performance and supporting emerging web3 innovations.
Outlier Ventures has unveiled its “Post Web Thesis,” predicting a shift to a decentralized internet powered by AI and blockchain. The Post Web will focus on an “intention economy,” where AI agents perform tasks for users, simplifying the internet and transforming digital interactions. The Middle East is a key region for early adoption.
The RAK Digital Assets Oasis (RAK DAO) Conference 2024 highlighted the importance of technological innovation in establishing Ras Al Khaimah as a global blockchain hub. The event unveiled the DAO Association Regime (DARe) to support decentralized organizations and featured discussions on the future of digital assets and regulatory frameworks.
