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Web3
Web3, or Web 3.0, represents the next generation of internet technology, integrating blockchain and cryptocurrencies into everyday online interactions. It's a decentralized online ecosystem where users have control over their data and transactions. Web3 is powered by blockchain networks, providing transparency, security, and trust. It's a key concept in the crypto world, involving various people, from developers and investors to everyday users. Companies are leveraging Web3 to create decentralized applications (dApps), offering users new ways to interact online. Crypto exchanges play a crucial role in Web3, facilitating the trading of digital assets and tokens that fuel the ecosystem. Web3 represents a paradigm shift, offering opportunities for investment, innovation, and the potential to reshape the internet.
Web3 Social Wallet Tribes Founded by Former Coinbase Engineer Raises $3.3M
Tribes, a new Web3-native messaging and group wallet app founded by a former Coinbase engineer, has raised $3.3 million in a pre-seed funding round led by Kindred Ventures, South Park Commons and Script Capital. "The Hash" panel discusses the latest from Tribes and the outlook for Web3.
Davos 2023: Future of the Metaverse
While corporations have gone risk-off with crypto, there is growing comfort with the metaverse, gaming, and Web3. Data from CoinDesk's Market Index shows that the Culture and Entertainment sector, which contains media, content, and gaming projects, is up roughly 46% in 2023. Saro Mckenna, Alien Worlds Co-Founder, shares her outlook on the metaverse and gaming industry during the World Economic Forum in Davos, Switzerland.
IBM Executive on the Future of Web3
Shyam Nagarajan, IBM Consulting Executive Partner, Blockchain, Web3.0, Metaverse and Sustainability, discusses the future of enterprise blockchain, CBDCs, and Web3 at the annual World Economic Forum in Davos, Switzerland. Plus, IBM's sustainability efforts and insights into discontinuing blockchain-enabled shipping solution TradeLens.
Accenture Executive on Building in the Metaverse
Despite the drastic decline in NFT and Web3 sectors in 2022, IT services and consulting firm Accenture says the metaverse will fuel a one trillion dollar opportunity for businesses by the end of 2025. Accenture Senior Managing Director David Treat weighs in on building businesses in the metaverse and the opportunities it presents. Plus, a preview of Accenture's partnership with Microsoft.
Sergio Silva of Fireblocks on the Need for Foundational Infrastructure and Security
Sergio Silva, Senior Director of Business Development talks about his work at Fireblocks providing foundational Infrastructure for Enterprises and his personal journey into Web3 through NFTs.
Platinum Balloon Co-Founder Talks Brand Strategy and Intention for Entering Web3
Max Lenderman, Partner and Co-Founder of Platinum Balloon, joins CoinDesk Studios at CES 2023. Platinum Balloon is a Web3-facing growth consultancy helping educate and onboard both brands and creative agencies into the Web3 space.
Web3 Domains in 2023
Host Joel Flynn dives into Web3 domains and blockchain-based websites. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
The Next Level of the Metaverse: What Is Haptic Technology?
"Haptic" was one of the buzzwords at the 2023 Consumer Electronic Show (CES). It's the technology that allows you to touch and feel the metaverse through clothing, gloves, goggles and other devices. CoinDesk's Doreen Wang reports from Las Vegas.
Crypto VC Funding Cooled Off In Q4 2022, What's Next?
Galaxy Digital Head of Research Alex Thorn shares insights into the state of crypto venture funding throughout 2022. He points out a specific decline in pre-seed round deals and a "lion's share of deals done" in the Web3, NFTs, and Metaverse bucket.
Crypto VC Performance in 2022
Venture capitalists invested more than $30 billion into crypto and blockchain startups in 2022, despite the macro headwinds and the market downturn. Galaxy Digital Head of Firmwide Research Alex Thorn shares his insights. Plus, a closer look on why Web3 accounted for most deals and the U.S. dominance in crypto venture capital.