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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.


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Why You Shouldn't Worry About Web 3.0 Technology

DJ Skee tells us why he is building his collectible startup, The Realest, on blockchain technology


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Web3 Games Funding Stabilizing at $1B in 2024

Web3 gaming is not seeing the $4 billion fundraising highs of 2022 to 2023, but data from Game 7 DAO shows that the sector has stabilized around $1 billion as it matures. Telegram is a new standout platform for game building. Plus, many are leaving Polygon for Immutable and Arbitrum. Check out 2024 Web3 game trends with CoinDesk Anchor Christine Lee on "Chart of the Day."

Chart of the Day

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Key Events You Shouldn't Miss at Consensus 2024

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest events at Consensus 2024, from meeting top Web3 leaders at PitchFest to an electrifying Karate combat between crypto influencers. And, don't miss the EasyA Consensus Hackathon where developers can build and present their projects in front of world-class investors.

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Guild of Guardians Built to 'Win' the Web2 Mobile Space: Game Director

Guild of Guardians Game Director Chris Clay joins "First Mover" to discuss the launch of their squad-based RPG game. Plus, challenges faced by Web3 game developers and what it will take to onboard the next wave of gamers.

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Guild of Guardians Is the 'Next Evolution in Web3 Gaming': Game Director

Guild of Guardians Game Director Chris Clay answers five rapid-fire questions from CoinDesk, including excitement around Web3 gaming, how he entered the crypto space, and his enormous collection of NFTs.

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Web3 Projects Have Lost More Than $401M to Hackers in 2024: Immunefi

According to data from Immunefi, Web3 lost $53,074,827 in April due to hacks and fraud across 21 incidents, bringing the year-to-date total lost to over $400 million. On-chain token infrastructure provider Hedgey Finance suffered the biggest loss in April of over 44 million. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Avenged Sevenfold Lead Vocalist on Why Artists Should 'Never' Sign With a Major Label

Avenged Sevenfold lead vocalist Matt Sanders joins "First Mover" to discuss the band's new season pass and how NFTs and Web3 technologies are transforming the music industry. Plus, the significance for artists to directly own the rights to their work and engage with their fan base.

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Music Should Not Be a 'Commodity': Avenged Sevenfold Lead Vocalist

Avenged Sevenfold lead vocalist Matt Sanders answers five rapid-fire questions from CoinDesk, including the common misconceptions musicians have about Web3, the band's Season Pass launch, and what inspires him to keep experimenting with technologies.

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p0x Labs Co-Founder on Developer Adoption of AI

p0x Labs co-founder and Manta Network core contributor Kenny Li explains why he is more concerned about the practicality for Web3 developers to adopt artificial intelligence (AI) technologies. The process of integrating the models isn't "too complicated," Li said.

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Hong Kong Is 'Extremely Bullish' for Crypto: p0x Labs Co-Founder

p0x Labs co-founder Kenny Li answers five rapid-fire questions from CoinDesk, including the potential that can be unlocked by bringing AGI models on-chain, why identity is a core component of Web3, and the sentiment in Hong Kong and Asia regarding crypto adoption.

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