The a16z-backed studio will open-source Pirate Nation assets, while an independent foundation continues supporting the PIRATE token. Blockchain game developer Proof of Play will cease operations after failing to build a sustainable business around its decentralized gaming thesis. The a16z-backed studio said Tuesday it could not develop a product that proved blockchain-based games could help usher in a decentralized internet at scale. It will open-source much of its code and artwork, including the Pirate Nation game, smart contracts and internal software-development tools. Proof of Play said the independent Pirate Nation Foundation will continue supporting the PIRATE token and keep its website operational. However, Proof of Play points will not be redeemable for anything. Read more
Proof of Talk, widely known as the Davos of Web3, today confirmed its 2026 programme and opened remaining passes for its fourth edition at the Louvre Palace in Paris on June 2–3. Paris, May 18, 2026 — Proof of Talk, widely known as the Davos of Web3, today confirmed its 2026 programme and opened remaining passes for its fourth edition at the Louvre Palace in Paris on June 2–3. The gathering will bring together more than 120 speakers, 95% at CEO or Founder level, representing a combined $18 trillion in assets under management. Attendance is capped at 2,500. The event sold out in both 2024 and 2025. When the most senior leaders in digital assets, finance, and infrastructure need a room that matches the weight of the decisions ahead, this is where they come. Read more
Haun Ventures general partner Diogo Monica claims that stablecoins are safer than commercial bank deposits, but critics warn of transparency issues with issuers like Tether. Stablecoins may be safer than deposits held at commercial banks, according to Diogo Monica, general partner at Haun Ventures. Speaking during a panel discussion titled “Stablecoins: Programmable Money in a Digital World” at the Proof of Talk conference in Paris on June 10, Monica said that many stablecoins are backed by reserves held at globally systemically important banks (G-SIBs) or in short-term US Treasury bills, which he views as more secure than commercial bank deposits. “It’s actually much better than having a dollar in a commercial bank,” Monica said. Read more