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.


Finance

Circle Seeks to Make Crypto Payments Easier With New 'Programmable Wallets'

The product is aimed at payments from businesses to customers.

Circle CEO Jeremy Allaire (left) with Michael Casey, chief content officer of CoinDesk (Shutterstock/CoinDesk)

Web3

NFT Trading Is Ice Cold But Developers Are Still Hot for Web3

This week, new reports were released that point to a major slowdown in NFT trading. Plus, Etihad Airways will soon let its community of frequent fliers stake NFTs for miles.

3D planes from the EY-ZERO1 NFT collection. (OpenSea)

Web3

Is It 2022 Again? Comedian Adam DeVine Appears in Strange Ad for Crypto Exchange Bitget

The “Workaholics” co-creator and star is the face of Bitget’s new #SetForChange campaign, which released a new “Crypto & Beach Houses” video to kick off the partnership.

Screenshot from "Crypto & Beach Houses" video (Bitget/Youtube)

Opinion

The Psychology of Failure and Its Meaning for Web3 Games

The possibility of not winning spurs gamers' participation because it gives them the opportunity to learn and improve.

(Marko Geber/Getty Images)

Web3

LinksDAO, the Online Community That Bought a Golf Course, Is Accepting New Members

The new tiers of membership offer various levels of access to the group's private Discord, network of peer-to-peer private courses and eventual entry to its Spey Bay Golf Club in Scotland.

A Long Island golf course bathed in sunlight. (Bruce Bennett/Getty Images)

Web3

Animoca Brands-Backed Game 'Wreck League' Puts Bored Apes Into the Storyline

The new game, launching in the next few weeks, will allow players to assemble giant robotic characters using collectible NFT parts.

A screenshot from the trailer for nWay and Animoca Brands' new game "Wreck League." (nWay)

Web3

More Money For Creators: NFT Minting Platform Zora Initiates New Revenue Split

The platform is now giving creators nearly half of the funds earned from free mints and all of the profits made from paid mints.

Opepen Editions on Zora.co

Web3

July Was a Terrible, No Good, Very Bad Month For NFTs, DappRadar Report Shows

NFT trading volume declined 29% and the number of sales dropped 23% from June, while Yuga Labs collections’ dominance slipped.

Sad NFT trader (Getty Images)

Finance

Metaverse Project Futureverse's Co-Founders Start $50M Venture Fund

The Born Ready venture studio will invest in early-stage Web3 and metaverse projects.

(Pixabay)

Web3

NFT Trading Volume Is Sinking, But It’s Not Stopping Developers From Entering Web3

According to Alchemy’s Q2 Web3 Development Report, while NFT trading volume fell 41%, almost six million smart contracts were deployed across chains including Ethereum and Polygon.

(Sarin Soman/Getty Images)