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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.
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.
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.
Metaverse Project Futureverse's Co-Founders Start $50M Venture Fund
The Born Ready venture studio will invest in early-stage Web3 and metaverse projects.
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.
Has the Bear Market Called Crypto's Bluff?
Despite crypto's problems, there is hope in the industry's capacity to enable more creative and democratic kinds of governance, Nathan Schneider writes.
Beeple Goes Punk With $208K NFT Purchase
The artist behind the most expensive NFT ever sold bought his first-ever PFP, CryptoPunk #4593.
This Art Exhibit Is Bringing New Life to Allen Ginsberg’s Poetry Using AI
The Fahey/Klein Gallery in Los Angeles will preview a collection of poems generated by an AI trained using Ginsberg’s literary body of work, supported by his estate.
The Ordinals Team is Creating a Non-Profit to Support Bitcoin NFT Developers
The team behind the Ordinals protocol, led by Casey Rodarmor, has created the Open Ordinals Institute to grow its ecosystem without compromising neutrality.
How AI, Web3 and Humans Can Work Together to Solve Complex, Global Problems
Fear abounds about AI, but the technology combined with blockchain can serve as an excellent complement to human ingenuity.
An F1 Team Might Take a Bored Ape Across the U.S. Grand Prix Finish Line
As a part of an ongoing partnership with the Williams Racing team, crypto exchange Kraken will allow fans to submit and vote for NFTs that will be displayed on cars during the U.S. Grand Prix in October.
