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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.
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.
Unstoppable Domains Streamlines Use of Web3 Identities Through iPhone App
The domain provider’s iOS app aims to foster Web3 accessibility, interoperability and – soon – community.
Pudgy Penguins NFT Prices Surge After Creator Unveils IRL Toys
Selected penguins from the long-standing collection are being turned into physical toys, causing the project’s floor to rise and sales to pump.
Snapple Created a Bodega in the Metaverse
The virtual installation in Decentraland comes with big savings (as much as $1.39) to visitors who complete its scavenger hunt and register their… PayPal wallets.
Web2 'Delenda Est,' You Say?
Talking about censorship resistance isn't enough. Web3 proponents should use the applications they advocate for.
Table Tennis Goes Crypto With Plans for NFT, Web3 Crossovers
The event arm of the sport’s governing body is partnering with a non-fungible token startup to build the game.
South Korean Web 2 Metaverse Platform Zepeto Gets a Web3 Makeover
The Naver-owned social network worked with Jump Crypto to build ZepetoX on the Solana blockchain.
