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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.
Polygon Founder’s Crypto VC Firm Raises $50M Fund
Symbolic Capital plans to back early-stage Web3 projects
Crypto Developer Platform Thirdweb Gets Katie Haun's Backing at $160M Valuation
Other investors in the $24 million Series A round included Coinbase Ventures and Shopify.
CryptoPunks Briefly Flip Bored Apes as NFT Prices Continue to Crater
The collection of pixelated face profile pictures took over the top spot of NFT floor prices for the first time since December as both collections continue to plunge in value.
How Investing in Web3 Can Spark Innovation
Afropolitan is on a mission to be the world’s first internet country bolstering economic activity within the Black community.
Many Bored Ape NFTs Are in Danger of Getting Liquidated as Borrowed Money Comes Back to Bite
The NFT lending platform BendDAO has collateralized almost 3% of the entire Bored Ape collection, and many NFTs have recently entered the “danger zone” of liquidation.
Ethereum’s Merge Will Increase Its Use Cases and Drive Its Investment Narrative
More efficiencies and scalability solutions could make Ethereum a more attractive platform to build on and invest in.
Crypto Investment Firm CoinFund Launches $300M Venture Fund For Web3 Development
CoinFund, a crypto-specific investment firm, inaugurated a $300 million venture capital fund to back early-stage blockchain projects including layer 1 blockchains, Web3 infrastructure, non-fungible tokens (NFTs), gaming, and asset management. “The Hash” panel discusses the latest sign of investor confidence amid a sour mood in the markets.
The Rise and Fall (and Rise Again) of Pseudonymity
What if the shift toward pseudonymity in Web3 marks not a new dawn, but rather a return to a more traditional mode of being, not just in digital spaces but in the physical world as well?
NFT Developer Yuga Labs Hires Social Token Expert as Senior Executive
Chris Fortier joins the growing Web3 powerhouse after stints with social token marketplace Rally and streaming platform Twitch.
