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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.
Is Friend.tech a Friend or Foe? A Dive Into the New Social App Driving Millions in Trading Volume
The new social app has driven 4,400 ETH ($8.1 million) in trading volume in less than 24 hours since its launch, far surpassing OpenSea’s in the same time frame. But with its mysterious origins, lack of privacy policy and lagging network, it raises some red flags.
Calaxy Co-Founders on Empowering Creators, Future of Web3 in Sports
Calaxy is aiming to disrupt the way fans interact with athletes, content creators and celebrities. Calaxy co-founders Solo Ceesay and Spencer Dinwiddie join "The Hash" to discuss the launch of the app after 3 years of building and how the platform aims to improve monetization for artists and creators. Plus, insights on Dinwiddie's journey of tokenizing his NBA contract and his outlook on the intersection between Web3 and sports.
DeGods Sales Leap as Artwork Evolution Is Unveiled
Early Thursday morning, the popular NFT project shared its plans for “Season III,” sending DeGods’ sales soaring. In the past 24 hours, trading volume increased nearly 200% to 1,359 ETH, or about $2.5 million.
After Co-Founding Salesforce’s Web3 Studio, Mathew Sweezey Is Bullish on Smart Tokens
The former Salesforce executive who entered Web3 during the NFT boom of 2021 sees smart tokens, aka the ERC-5169 token standard, as a gateway for companies to create new digital ownership opportunities.
4 Actual Use Cases for Blockchain and AI That Are More Than Just Hype
Blockchain and AI could be the 21st century's most culturally significant pairing that could change the way we think about creativity, identity and verification.
Y00ts NFT Collection is Migrating to Ethereum After Accepting $3M Grant From Polygon
The popular project, which started out on Solana and migrated to Polygon earlier this year, said it would return 100% of the grant money it received.
Coca-Cola and Friends With Benefits Headline Base’s ‘Onchain Summer’ Web3 Festival
Coinbase’s layer 2 network is celebrating its launch with Onchain Summer, a multi-week series of Web3 activations across art, gaming and music.
‘The Next Crypto Gem’ TV Show Aims to Be ‘The Apprentice’ for Crypto
The new reality show pits contestants against one another for a prize package estimated to be worth over $150,000.
First Mover Asia: First $30K, Then $40K, but Bitcoin Needs Volatility First
The world’s largest digital asset is rangebound, but so far this year, bitcoin is beating the returns most digital asset funds are posting.
Web3 Developer Activity Jumps in Q2, Suggesting Long-Term Ecosystem Growth: Alchemy
A new report finds that Web3 developer activity is still on the rise in the second quarter, despite NFT and DeFi trading volume slipping from all-time highs. Alchemy Product Manager Will Hennessy discusses the key takeaways from the findings and the revelations on long-term development of the ecosystem.
