The NFT market has experienced a significant correction, with its total market capitalization dropping by approximately $1.2 billion in less than a week. As of Monday, the sector’s valuation stood at $8.1 billion, a 12% decline from the $9.3 billion reported earlier in the week. This sharp decline coincided with a pullback in Ether (ETH) prices, which dropped nearly 9% after reaching a high of around $4,700. At the time of reporting, ETH traded at $4,260, reflecting a 4% decline in the last 24 hours. The movement in Ether has historically influenced NFT valuations, as many top NFTs are minted on the Ethereum network, with prices and transaction volumes typically denominated in ETH. As a result, the recent downturn in Ether has triggered a corresponding contraction in the NFT market.

The impact on leading NFT collections has been pronounced. CryptoPunks, the largest NFT collection by market capitalization, saw its valuation drop from $2.4 billion to $2.1 billion, losing nearly $300 million in value. According to data from CryptoSlam, the collection’s sales volume in the last week fell to $12.7 million, a 34% decline compared to the previous seven days. The number of sales also declined by 28%, with only 51 transactions recorded. Similarly, the Bored Ape Yacht Club (BAYC) saw its market capitalization decrease by nearly 20%, dropping to $482.3 million from $602 million. This decline pushed BAYC from second to third place in the NFT market capitalization rankings, as it was overtaken by Pudgy Penguins.

Pudgy Penguins, despite also experiencing a 17% decline in valuation to $491 million from $591 million, maintained its position as the second-largest NFT collection by market capitalization. The project has garnered attention for its growing recognition among institutional investors. Last week, BTCS Inc., a publicly traded blockchain company, added three Pudgy Penguins NFTs to its corporate treasury, signaling a shift in how some organizations are treating blue-chip NFTs. This move is viewed as a sign of increasing acceptance of NFTs as legitimate assets for treasury diversification. Market data indicates that Pudgy Penguins has maintained higher sales volume compared to other top collections, suggesting continued interest even amid broader market weakness.

The NFT sector’s decline is closely tied to the broader cryptocurrency market, particularly Ether. Institutional demand, as reflected in the record inflows into US-listed spot Ether ETFs, has been a significant driver of price action. Last week, these ETFs recorded inflows of nearly 649,000 ETH, the largest weekly net inflow on record. However, this has not been enough to offset the recent pullback in Ether prices, which has had a ripple effect on NFT valuations. Analysts suggest that a retest of the $3,900 support level could provide an opportunity for a stronger recovery in Ether and, by extension, the NFT market.

The recent market correction has also prompted a reevaluation of risk in the crypto space. With over $1.7 billion in long crypto futures positions liquidated since last week’s peak, investors are taking a more cautious approach. This trend highlights the volatility inherent in the sector, where rapid price swings can significantly impact both NFT valuations and the broader crypto market. The sell-off has occurred against a backdrop of broader market uncertainty, with the S&P 500 hovering near record levels and the Federal Reserve’s policy stance remaining a key factor for investors. As the market continues to consolidate, the outlook for Ether and NFTs will depend on both macroeconomic developments and the structural forces driving demand for digital assets.

Source: [1] NFT market cap drops by $1.2B as Ether decline (https://cointelegraph.com/news/nft-market-cap-drops-1-2b-ether-decline) [2] NFT Market Cap Falls $1.2B as Ether Pullback Hits Top … (https://www.cointribune.com/en/nft-market-cap-falls-1-2b-as-ether-pullback-hits-top-collections/) [3] ETH charts predict $3.9K retest, then a 100% rally to new … (https://cointelegraph.com/news/eth-charts-predict-dollar3-9k-retest-then-a-100percent-rally-to-new-highs) [4] Ethereum’s Big Backers Unleash Billions to Push Into Wall Street (https://finance.yahoo.com/news/ethereum-big-backers-unleash-billions-130704758.html) [5] Bitcoin, ethereum slip as crypto markets pull back after hitting … (https://finance.yahoo.com/news/bitcoin-ethereum-slip-as-crypto-markets-pull-back-after-hitting-2025-highs-155818704.html)

The GameFi sector continues to face challenges, with declining user engagement and unsustainable tokenomics undermining many blockchain-based gaming initiatives. According to recent data from DappRadar, daily unique active wallets (dUAW) across Web3 platforms have dropped to 24.3 million, a 2.5% decline quarter-over-quarter, with gaming’s share at 20% and gaming-specific dUAW down 17% to 4.8 million. These figures highlight a broader trend of weakening retention and investment in blockchain gaming projects [1]. Despite this, emerging projects are beginning to address these issues by focusing on skill-based, fair competition and sustainable economic models.

One such project is Tapzi ($TAPZI), a Web3 gaming platform aiming to redefine the industry by emphasizing skill-to-earn gameplay over traditional play-to-earn models. Unlike many GameFi initiatives that rely on token emissions and luck-based mechanics, Tapzi introduces a transparent, gasless system where players stake tokens in live, bot-free matches. The winner takes the opponent’s stake, creating a straightforward and fair competition model. The platform supports classic games like chess, checkers, tic-tac-toe, and rock-paper-scissors, allowing users to engage without the need for complex mechanics or energy-based systems [2].

Tapzi’s tokenomics are designed to provide a balanced and sustainable structure. The total supply of 5 billion $TAPZI tokens is allocated as follows: 20% for the presale, 20% for liquidity, 15% as a locked treasury, and 10% for airdrops, development, and marketing. An additional 5% is reserved for user rewards. The presale price is currently set at $0.0035 per token, with an expected listing price of $0.009. The project’s roadmap includes the release of a playable demo, a Q4 2025 mainnet beta, token listing, and global tournament events [3].

A key differentiator for Tapzi is its infrastructure approach. The platform provides developers with tools to create and deploy skill-based games on its arcade, fostering an ecosystem that encourages innovation and variety. This contrasts sharply with many GameFi platforms that often struggle with clunky interfaces and poor user retention. Tapzi’s focus on gasless, real-time multiplayer matches and anti-bot measures ensures a smoother user experience, aligning with the industry’s shift toward utility-driven blockchain features [2].

The project has also received attention for its potential scalability and market appeal. With the global gaming industry valued at $180 billion annually, projects like Tapzi that offer accessible, skill-based competition could capture a portion of this massive market. The platform’s mobile-first approach and ease of access—available on both iOS and Android—position it to attract casual and competitive players alike. By eliminating gas fees and providing instant rewards, Tapzi simplifies the entry barrier for a wider audience, potentially driving adoption and increasing token demand [2].

Tapzi’s launch coincides with growing interest in blockchain gaming, particularly among traditional game developers exploring Web3 integration. Ubisoft and Sega, among others, are testing on-chain features in their games, signaling a broader acceptance of blockchain technology in the gaming sector. These developments suggest that blockchain-based gaming is shifting from speculative hype to practical, utility-driven applications, reinforcing the potential for projects like Tapzi to gain traction [1].

Investors are increasingly seeking out projects with clear use cases and sustainable economic models, particularly in the volatile crypto market. Tapzi’s presale, currently priced at $0.0035, offers early access to investors, who may benefit from a potential 100x return if the token reaches its projected listing price of $0.009. However, as with any investment, participants are advised to conduct due diligence and understand the risks involved [2].

Source: [1] Tapzi Presale Provides Skill-to-Earn Web3 Gaming Wants (https://www.newsbtc.com/news/tapzi-presale-provides-skill-to-earn-web3-gaming-wants/) [2] Tapzi’s Undervalued Presale Offers Potential for 100x Returns (https://99bitcoins.com/news/pr-news/tapzi-undervalued-presale-offers-potential-for-100x-returns/) [3] Tapzi Launches Presale Focusing on Skill-to-Earn Model (https://holder.io/news/tapzi-presale-skill-to-earn-web3-gaming/)

AtomicMeta (ATM), a DeFi network, today announced a strategic collaboration with Orbler, a Web3 marketing platform. According to fresh data disclosed today by AtomicMeta, this partnership is designed to exploit the capabilities of the two tech firms to expedite Web3 advancement. AtomicMeta stated in the data that this calculated coordination is anticipated to unlock new gateways for development, aiming to expand wider adoption of decentralized utilities and enabling the onboarding of online users into the Web3 environment.

AtomicMeta (ATM) is a DeFi platform powered by its Layer-1 ATMChain blockchain, developed to support crypto trading, staking, presales, and decentralized financial solutions. On the other hand, Orbler is a renowned Web3 marketing network operating its business to boost activities and interactions of Web3 projects on social media.

This collaboration model brings together AtomicMeta’s crypto offerings with the comprehensive Web3 marketing capabilities of Orbler. By integrating its decentralized finance applications into Orbler’s Web3 marketing infrastructure, AtomicMeta is set to reinforce its outreach efforts and connect its crypto platform with targeted DeFi engagement.

AtomicMeta is leveraging Orbler’s broad Web3 network to widen access to its DeFi solutions while also streamlining the process for crypto enthusiasts joining its platform. With the integration of Orbler’s marketing expertise, AtomicMeta will expand the visibility of its DeFi products and establish its footprint in new markets within the international decentralized environment.

Orbler’s dedication to professional integrity enables Web3 projects to gain broad recognition (and acceptance) and develop a strong international footprint through a multi-faceted Web3 marketing approach. Through this alliance, AtomicMeta utilizes Orbler’s expertise to become a prominent DeFi network recognised globally across decentralized communities. With Orbler’s integration, AtomicMeta is well-positioned to develop comprehensive Web3 marketing strategies across trusted social media channels. These outreach programs will make AtomicMeta’s communications appealing to a broader worldwide digital community. The aim is to make AtomicMeta a well-known platform among the international audience interested in Web3, DeFi, and digital asset applications.

This alliance with Orbler marks a significant milestone for AtomicMeta. The collaboration not only advances the availability and utility of AtomicMeta’s products but also develops its dedication to offering strong digital solutions for customers across the globe. Together, the two organizations are creating a new approach for growth and customer experience in the decentralized landscape. In other words, the two firms are revolutionizing Web3 by removing obstacles and enabling people to connect more seamlessly with the environment.

By reinforcing new crypto offerings and social features in the decentralized space, the two firms redefine the current Web3 space, providing people with a more efficient and engaged experience with broad utilities. By working together, both Orbler and AtomicMeta develop a flourishing ecosystem where decentralized projects can also reach their targeted communities and widen their customer bases.

Toronto, Ontario–(Newsfile Corp. – August 18, 2025) – Prophecy DeFi Inc. PDFI (“Prophecy DeFi” or the “Company“) is issuing a correction to the previously disseminated press release dated August 18, 2025. The press release incorrectly described the Principal Amount of the Notes. The complete and correct press release follows.

Toronto, Ontario–(Newsfile Corp. – August 18, 2025) – Prophecy DeFi Inc. PDFI (“Prophecy DeFi” or the “Company“) announces that on August 15, 2025, it issued to certain creditors of the Company (collectively, the “Lenders“) interest bearing demand promissory notes (the “Notes“) in the aggregate principal amount of $100,000 (the “Principal Amount“).

Interest on the outstanding Principal Amount of the Note will accrue from time to time of the Principal Amount until the Principal Amount is repaid in full at the rate per annum equal to ten percent (10%), calculated monthly, as well after as before maturity and both before and after default. The Principal Amount and any accrued and unpaid interest owing shall become due and be paid in full on demand by the Lenders.

The issuance of the Notes to the Lenders constitutes a “related party transaction” as such term is defined by Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”) as $25,000 Principal Amount of the Notes was issued to a director of the Company. The Company was exempt from the MI 61-101 valuation and minority approval requirements for related party transactions in connection with the issuance of the Note under sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involves the director, exceeds 25% of the Company’s market capitalization (as determined under MI 61-101).

The Notes were approved by the members of the board of directors of the Company who are independent for the purposes of the Notes. No special committee was established in connection with the Notes, and no materially contrary view or abstention was expressed or made by any director of the Company in relation thereto.

About Prophecy DeFi

Prophecy DeFi Inc. (PDFI) is a publicly traded investment company whose primary objective is to invest its funds for the purpose of generating returns from capital appreciation and income. It plans to accomplish these goals by bringing together technology start-ups in the Blockchain and Decentralized Finance sectors to fund innovation, elevate industry research, and create new business opportunities in a coherent ecosystem.

www.prophecydefi.com

For further information, please contact:

John McMahon, CEO

Tel: (416) 764-0314

Email: jmcmahon@prophecydefi.com

Forward-Looking Information

This news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward‐looking statements or information. More particularly and without limitation, this news release contains forward‐looking statements and information relating to the approval of the Notes. The forward‐looking statements and information are based on certain key expectations and assumptions made by management of the Company. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward‐looking statements and information since no assurance can be given that they will prove to be correct.

Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward‐looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the forward‐looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward‐looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

Neither the CSE nor its Regulation Services Provider (as such term is defined in the policies of the CSE) accept responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR

FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262987

In Q2 2025, daily Web3 activity remained stable at around 24 million, but the underlying sector composition is shifting [1]. DeFi continues to dominate transaction counts with over 240 million weekly, yet Ethereum gas usage is increasingly led by emerging categories such as real-world asset tokenization (RWA), decentralized physical infrastructure (DePIN), and AI-based decentralized applications (DApps). Meanwhile, DeFi’s share of Ethereum gas has dropped to just 11%, while the “Other” category—covering RWA, DePIN, and AI—now accounts for over 58% of gas consumption [1].

DappRadar’s data shows that while crypto gaming remains the largest DApp category by user activity, its market share has declined from over 26% to below 19%. Social and AI-related DApps are gaining ground, with Farcaster attracting approximately 40,000 daily unique active wallets (UAW), and Virtuals Protocol (VIRTUAL) drawing 1,900 weekly UAW [1]. This suggests that adoption is broadening beyond traditional categories.

DeFi’s growing institutional interest is reflected in its total value locked (TVL), which has increased by 150% since January 2024 to reach $137 billion, though it remains below its all-time high of $177 billion [1]. The rise in TVL, coupled with a decline in UAW, indicates a shift toward large-scale capital participation and regulatory testing, particularly through permissioned liquidity pools and tokenized treasuries.

Gas usage data from Glassnode further highlights the changing dynamics: NFTs, which once consumed a significant portion of Ethereum’s gas, now account for just 4%, while RWA and DePIN are gaining computational and economic traction [1]. The total RWA value has surged from $15.8 billion at the start of 2024 to $25.4 billion today, indicating growing interest in tokenizing traditional assets [1].

In terms of price performance, smart contract platform coins and yield-focused DeFi and RWA tokens have outperformed the broader altcoin market. The top 10 smart contract platform coins rose an unweighted average of 142%, led by HBAR (+360%) and XLM (+334%). DeFi tokens averaged 77% YoY gains, with Curve DAO (CRV) up 308% and Pendle (PENDLE) up 110%. The top 10 RWA tokens gained 65% on average, with XDC (+237%) and OUSG (+137%) leading the pack [1].

Conversely, AI tokens have underperformed, with the top 10 AI-focused projects averaging a 25% decline YoY, despite strong narrative support. DePIN and social tokens also lagged, with DePIN’s top performers, JasmyCoin (JASMY) and Aethir (ATH), posting gains of 72% and 39% respectively, while the sector’s average was around +10% [1].

The data underscores that while hype can drive short-term volatility, sustained price gains are more closely aligned with sectors demonstrating tangible utility and adoption. As Web3 evolves, the sectors that currently deliver the most value—smart contract platforms, DeFi, and RWA—continue to attract the most investment and institutional confidence [1].

Source: [1] Time for a Web3 reality check: Which altcoin sectors are really delivering? (https://cointelegraph.com/news/time-for-a-web3-reality-check-which-altcoin-sectors-are-really-delivering?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)

Tower gaming crypto token soars 214% as smart money piles in

A gaming crypto token created by Animoca Brands has surged 214% over the past month and caught the eye of savvy investors after the company’s popular chairman, Yat Siu, gave it a social media boost.

Tower was the fifth-most popular cryptocurrency among smart investors on the Base network over the past seven days, according to onchain analytics platform Nansen.

Tower is a utility token used across a slew of Animoca titles, including play-to-earn mobile defense game Crazy Kings, Crazy Defense Heroes and real-time PvP fighting game Wreck League.

Siu said the hype for the token came down to excitement around the reboot of Wreck League, as well as momentum from the token trending on Base and Farcaster.

He also reiterated that Tower was one of Animoca’s first community Web3 gaming token launches with no investor sales.

The majority of Tower’s upside —which is also available on Ethereum, Solana, TON and Polygon — came in the past two weeks after Siu announced that Animoca would begin supporting the Tower ecosystem with open-market token buybacks on August 5.

These buybacks are typically a bullish signal for investors, as they reduce the circulating supply and can potentially drive up the token’s value.

TOWER is trading at $0.0019 at the time of publication, up 214% over the past 30 days, according to CoinMarketCap. It represents approximately 8x the 27% gains ETH has clocked over the same period, trading at $4,534.

However, like most gaming tokens, TOWER is still significantly below its 2021 all-time highs by approximately 99%.

But the Web3 gaming community anticipates only more upside ahead for Tower. Gaming commentator Boxmining said on Thursday, “$TOWER reversal is gonna melt faces,” and he is “positioning early for this huge gaming narrative.” 

Meanwhile, fellow gaming commentator Hoogie said, “It’s not just a gaming token.. It’s a builder-powered ecosystem that keeps showing up early.” 

Saanjana Nikita called Tower a “bear market gem.”

Web3 gaming funding surges 94% as Bitcoin and Ether rally

The Web3 gaming sector attracted $60 million in investment in July amid a Bitcoin and crypto market rally, according to Web3 analytics platform DappRadar.

“The industry is entering a more mature phase — one focused on quality gameplay, sustainable economies, and infrastructure designed to scale,” DappRadar said in its report, noting that the total investment amount represents a 94% increase compared to June’s total.

Despite prices going up, overall blockchain activity “cooled” in July. Blockchain gaming was the only segment to see growth, increasing 2% to 4.9 million daily unique active wallets, according to DappRadar.

In terms of activity, the Optimism-based layer-2 network opBNB topped the charts for gaming engagement, followed by the Sei network in second place and the Ronin Network in third place. Ronin’s spike came after launching Ronin Profiles for cross-game identity and teasing the upcoming Ronin 2.0 tokenomics.

Other notable gaming updates also helped drive activity to the sector. 

Gunzilla Games’ highly anticipated shooter game Off The Grid moved from early access to a full launch across PlayStation, Xbox, the Epic Games Store and Steam. Meanwhile, the Ronin-based MMORPG Lumiterra surpassed 300,000 daily wallets.

AI won’t be nerfing game developers anytime soon, says Immutable exec

Immutable’s head of gaming isn’t worried about artificial intelligence threatening developer jobs in the gaming industry.

“I fundamentally believe there are factors that just can’t be replaced, like human creativity and human hands in the process of building a great game,” Immutable game director Patrick Wagner tells Magazine.

“People are the ones that play them,” he emphasizes.

It may seem like wishful thinking for a game developer to claim AI won’t take game developer jobs, but Wagner says he’s yet “to see a game be completely built by AI that is successful and fun.” 

“I can see that if you’re a two-person band trying to build a game, it can be helpful to get you there faster and convey messages faster. But it’s not the be-all and end-all,” he adds.

Wagner explains that Immutable’s approach is to use AI as a production tool to improve efficiency.

A similar sentiment was echoed by YouTube’s former head of gaming, Ryan Wyatt, in October 2023.

More recently, AI has become increasingly popular in Telegram blockchain games. In February, gaming network GOAT Gaming launched AI agents, which play games to earn crypto for you and bet on prediction markets.

Mighty Bear Games CEO Simon Davis told Web3 Gamer in January that it was “almost like being in Rome and owning a stable of gladiators.”

Other News

— Ronin Network says it is “coming home to Ethereum.” The network explains that it was initially built four years ago to give Axie Infinity a more efficient platform, but it’s returning to mainnet now that Ethereum’s speeds and transaction capabilities are “better than ever.”

— Gaming giant Immutable opens the floodgates to Web2 games. In a recent X post, the firm said, “As of today, Immutable Play is now open to all games.” Immutable noted that gaming company Ubisoft is the first to join.

The recent movements in the cryptocurrency market have drawn attention to Ethena (ENA), Dogecoin (DOGE), and Solana (SOL), with investors and analysts closely watching how these tokens respond to broader crypto market trends. As Bitcoin (BTC) approaches historic highs, the market appears to be in a period of heightened volatility and shifting momentum, influencing smaller and mid-cap altcoins differently. Both SOL and DOGE have experienced notable surges in recent weeks, aligning with a broader bullish trend in the crypto space [1][2].

Ethena (ENA), a token with a growing presence in the DeFi ecosystem, has attracted speculative interest, particularly due to its projected performance. Analysts estimate that ENA could reach $0.7373 in June 2026, assuming a steady monthly growth rate of 0.42% from the current price [3]. This projection is based on technical and fundamental assumptions but does not reflect any immediate market movement. Investors are advised to remain cautious, as the token is still relatively new and subject to high volatility.

Dogecoin (DOGE) has seen a sharp decline, with its price dropping to $0.22 USD in recent trading sessions. Analyst Carl Moon noted a potential head and shoulders pattern on the DOGE 4-hour chart, suggesting a price target around $0.19 USD [1]. The broader market remains cautious, with DOGE currently facing critical resistance levels around $0.24. A breakout above this level could signal renewed buying interest, but failure to push past could lead to a further pullback. DOGE is currently in a consolidation phase, and traders are watching closely for any signs of a breakout or breakdown [4].

Solana (SOL) has been among the most active performers in recent market sessions. The token’s recent surge followed major macroeconomic reports, including the CPI data, which triggered widespread buying across the market. SOL’s ability to outperform larger tokens like Ethereum has led to speculation that it could continue to benefit from increased institutional adoption and growing DeFi activity on its platform [1][5]. Analysts remain in a long position for SOL, anticipating continued growth upon testing the $175 USD level.

Despite these positive developments, the broader market remains subject to regulatory uncertainty and macroeconomic factors. Recent news regarding the Binance CEO highlights the regulatory challenges facing the crypto industry, potentially adding volatility to the market [6]. However, the focus on ENA, DOGE, and SOL suggests that retail and institutional investors are beginning to shift their attention toward tokens with strong utility and network growth.

In conclusion, while the current trajectory for ENA, DOGE, and SOL appears optimistic, investors should remain mindful of the risks inherent in the crypto market. Each token has unique fundamentals and market dynamics, and decisions should be made based on thorough research and risk management strategies.

—

Sources:

[1] Source: KuCoin, Cryptocurrency Market News Today (https://www.kucoin.com/news)

[3] Source: Bitget, Ethena (ENA) Price Prediction (https://www.bitget.com/price/ethena/price-prediction)

[4] Source: Binance, Coinspeaker’s Profile (https://www.binance.com/en/square/profile/coinspeaker)

[5] Source: CryptoWeekly, Chainlink Price Prediction: LINK To Lead The Next Crypto … (https://cryptoweekly.co/news/chainlink-price-prediction-crypto-boom/)

[6] Source: Blockchair, Binance : l’ex CEO demande de rejeter la plainte intentée … (https://blockchair.com/news/binance-lex-ceo-demande-de-rejeter-la-plainte-intentee-par-ftx-de-18-milliard-de-dollars–2d63535778)

The LINE NEXT exhibition area, operated together with Kaia DLT Foundation, will be named “Mini Dapp Station” and will introduce the diverse range of Mini Dapps available on LINE Messenger and its vision for the future of stable coins. Mini Dapp partners, including Capybobo by Pluto Studio and Asahi TV’s subsidiary extra mile, will be there, too, showcasing their games. LINE NEXT will also be holding several lucky draws and hosting a series of small sessions in Japanese and English by Web3 industry leaders with a special guest appearance by a Japanese idol from the stage of its exhibition area.

In addition, a LINE NEXT official will give a presentation at the main session of WebX on August 26 to talk about LINE NEXT’s Mini Dapp strategy and the company’s vision of how to utilize stable coins to shape a new Web3 user experience.

Kicking off those Web3 activities, LINE NEXT will host a pre-conference “Mini Dapp Festa” together with Bitget on August 24. The Festa will present new opportunities for further expanding LINE NEXT’s Web3 ecosystem based on the Kaia mainnet, along with a performance by a Japanese singer and star Tomomi Itano.

LINE NEXT’s Mini Dapps have been steadily gaining popularity since their launch in January, recording 130 million accumulated users for over 90 Mini Dapps on the Dapp Portal. Along with Mini Dapps, LINE NEXT aims to introduce stable coin services to improve accessibility to Web3 services.

WebX2025 is Asia’s largest gathering of professionals related to crypto assets, blockchain, and other Web3 technologies, offering visitors a chance to interact directly with companies, experts, entrepreneurs, investors, government officials, and media from Japan and abroad. This year the event will be held August 25-26 in Tokyo.