The latest global corporation to enter the web3 space is Xiaomi, the Chinese designer and manufacturer of consumer electronics, software and other items. As the second largest smartphone manufacturer in the world, this is a great time for the web3 industry. For starters, Xiaomi is investing in a new 3D metaverse called the Puffverse. The company will support Puffverse during its development stage.

Xiaomi joins web3!

In the last two years, some of the world’s largest companies have begun to adapt to web3 and are beginning to discover how the technology can benefit their own customers. Now Xiaomi, a Fortune 500 company, is entering the space.

The move signals Xiaomi’s intention to enter the…