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Web 3
Jack Dorsey Goes on Unfollowing Frenzy After Web 3 Beef
Since Jack Dorsey's controversial tweet on Dec. 20, declaring venture capitals (VC), not users, control Web 3, Dorsey has gone on to unfollow some of the biggest players in crypto, including Andressen Horowitz (a16z) co-founder Marc Andreessen and Coinbase CEO Brian Armstrong. Andreessen later blocked Dorsey. "The Hash" panel breaks down the latest feud between bitcoin maximalists and Web 3 advocates.

Victory Capital Exec. on Web 3 Decentralization: ‘It’s Not All or Nothing’
Mannik Dhillon, president of Victory Capital, shares his take on Square CEO Jack Dorsey’s statements about venture capital’s control over Web 3 initiatives and the reality of bitcoin maximalism. Plus, Dhillon’s analysis on the current BTC market and price predictions for 2022.

Jack Dorsey Backs Bitcoin as Dollar’s Replacement but Questions Web 3
Responding to Cardi B on whether crypto would replace the U.S. dollar, Twitter co-founder Jack Dorsey replied, “Yes, Bitcoin will.” Separately, Dorsey also voiced concerns about the lack of ownership in Web 3. “The Hash” panel breaks down Dorsey’s statements, questioning his bitcoin maximalism and the role of venture capitalism in the wider development of a decentralized internet ecosystem.

FTX.US Scores Deal With Owner of Washington Wizards, Capitals in Bid to Expand DC Presence
In an attempt to be more visible to regulators, FTX.US has partnered with Washington, D.C.-based Monumental Sports and Entertainment (MSE). MSE owns the NBA’s Washington Wizards, the NHL’s Washington Capitals, the WNBA’s Washington Mystics, and Capital One Arena, where all three teams play.

‘The Contrarian’ Author Max Chafkin on Silicon Valley Evolution and Web 3
In his book “The Contrarian,” author Max Chafkin makes the case Big Tech’s leading conservative Peter Thiel, the multi-billionaire who co-founded PayPal and an early pioneer in digital currencies, wrote the playbook for Silicon Valley tech behemoths and Web 2.0.

Instagram Disabled Artist's @Metaverse Handle Days After Facebook Rebranded to Meta
Days after Facebook announced its corporate name would become Meta, an artist's Instagram account with the username "@metaverse" was blocked and later reinstated. "The Hash" squad unpacks the latest story calling for the need for actual ownership in Web 3 amid ongoing trademark battles in centralized social media.

Metaverse Startup The Sandbox Co-Founder on Business Model, Expansion Plan and Facebook Competition
On the heels of closing a $93 million Series B funding round led by SoftBank earlier this month, metaverse startup The Sandbox Co-founder and COO Sebastien Borget discusses whether Meta, formerly Facebook, is a potential threat to the future of Web 3. Plus, insights into the advantages of owning decentralized, NFT-based virtual real estate and the launch of The Sandbox Alpha.

Ethereum Blockchain Software Company ConsenSys Plans for Massive Expansion After Raising $200M
ConsenSys has raised $200 million in the latest round that valued the Ethereum backer at $3.2 billion. ConsenSys Global Fintech Co-Head Lex Sokolin shares insights into the firm's expansion, Web 3, and ETH.

FTX, Lightspeed, Solana Ventures to Invest $100M in Web 3 Gaming
FTX, Lightspeed Venture Partners, and Solana Ventures are investing $100 million in Web 3 gaming development. The funding will go towards gaming studios and technology integrating the Solana blockchain into video games on desktop and mobile platforms. The Hash" group discusses the implications for the initiative, one of the largest capital investments ever in the growing Web 3 gaming space.

a16z Exec Explains Firm's Vision on Web 3 as Facebook Renames Itself 'Meta'
Andreessen Horowitz (a16z)'s Tomicah Tillemann shares insights into the firm's Web 3 policy framework titled "We Deserve a Better Internet" and the challenges of getting U.S. lawmakers to embrace Web 3. This comes as Facebook has renamed itself "Meta," raising the potential threat of big centralized companies controlling the decentralized internet of the future. Plus, his views on CBDCs and stablecoins.
