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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.
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.
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.
