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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.
Etihad Airways 'Horizon Club' Web3 Loyalty Program Will Let You Stake NFTs for Miles
Holders of its EY-ZERO1 NFTs will be able to lock up their assets to earn Etihad miles that can be redeemed on real-world flights and upgrades.

Yuga Labs Acquiring Roar Studios to Accelerate 'Bold Vision' for Otherside
The Roar team will "contribute their innovative technology, specialized expertise and leadership" to Yuga Labs as it continues its ambitious growth plans for their Otherside metaverse.

NFT Now Cuts Jobs in Restructuring Move
Alejandro Navia, President of NFT Now, tweeted that the Web3 publication had “over-hired.” Meanwhile, another founder of NFT Now had his Twitter account hacked over the weekend.

Could Twitter's 'X' Revamp Signal Shift to Rise of Social Dapps?
DappRadar has published a new report focused on the impact of social dapps, or decentralized applications, in the Web3 ecosystem. This comes as social media giant Twitter recently rebranded to "X." DappRadar Head of Research Pedro Herrera discusses the key takeaways from the report and the outlook for the growth of the social dapp industry.

Fantasy-Sports Firm Sorare Looks to Increase Appeal by Diluting Crypto Association
While Sorare has over 5 million registered users, it is looking to fuel further growth by adding support for the U.S. dollar, euro and British pound.

Reddit Returns With New NFTs and Crypto Twitter Leaves Threads on Read
Reddit launched Gen 4 of its NFT Collectible Avatars while Amazon expanded its blockchain tools. Also, crypto influencers shared thoughts on Threads and indicated that they aren’t ready to leave Twitter just yet.

Meta Aims to Recharge Lagging Horizon Worlds Metaverse With New In-House Game Studio
The struggling VR platform reported losses of $3.7 billion in the second quarter, though CEO Mark Zuckerberg remains "fully committed" to the metaverse and AI.

Safary Co-Founder on Web3 Growth Landscape
Safary Club is out with a recent report exploring the state of Web3 growth startups. The data reveals more than $600 million has been raised across 71 companies. Safary co-founder Justin Vogel discusses the key takeaways, along with his outlook on whether Web3 is getting its marketing right.

Yuga Labs Hopes to Rile Up Its Bored Apes With Latest Otherside Demo
The NFT mega-company has been hard at work building out a virtual playground for its Web3 community, and its latest live demo is aimed at bringing Bored Ape Yacht Club holders back to the center of its universe.

Near to Help Colombian Web3 Social Network Blumer Build Token Infrastructure
Users will be able to convert Blumer tokens for other cryptocurrencies and withdraw to wallets.
