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Recent Web3 news has seen multiple new decentralized applications (DApps) emerging in various fields such as finance, social interaction, and gaming, offering users more innovative services and experiences. Some traditional enterprises have begun exploring the integration of parts of their business with Web3 technologies to enhance operational efficiency and user engagement. Certain Web3 projects have received significant investments, fueling technological research and development and market expansion. Discussions on Web3 data privacy and security have been increasing, with related technologies and solutions constantly emerging. Some countries and regions have strengthened the regulation of the Web3 field to standardize the market order and protect investors' rights and interests. It is recommended that you follow professional technology media and blockchain information platforms to obtain the latest and most accurate information.
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Sequoia Capital: In 2022, Sequoia Capital has shown a strong determination to invest in the blockchain sector. Following its $450 million investment in Polygon, the firm led a $12 million seed round in EthSign, a Web 3.0 e-protocol platform, and participated in a $32 million funding round in Espresso Systems, which focuses on Web 3 privacy systems. In addition, Sequoia Capital announced on Feb. 18 that it had set up a cryptocurrency investment fund with a size between $500 million and $600 million, focusing on investing in crypto projects including listed and unlisted tokens, with the investment amount of individual projects ranging from $100,000 to $50 million, and it also plans to get involved in the field of crypto finance. According to statistics, from January 2022 to the end of April, Sequoia Capital has invested in a total of 17 Web 3.0 companies at a rate of about one per week
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