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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.
StoryCo Co-Creator on Web3 Entertainment as Hollywood Strikes Continue
StoryCo co-creator J.P. Alanís joins "The Hash" panel to discuss how Web3 developments could revolutionize storytelling and creative production as a union representing over 150,000 Hollywood actors officially went on strike last week.

Web3 Studio Satirizes Sam Bankman-Fried and FTX in New Animated Comedy
Web3 studio Toonstar is set to premiere a new animated series this fall called “FORTUN3” that features the defunct crypto exchange FTX and its former CEO Sam Bankman-Fried. "The Hash" panel discusses the "crypto-bro" culture and their expectations on the debut of the comedy series.

Futureverse Founder on Combining AI and the Metaverse, $54M Raise
Futureverse, a startup formed out of 11 different firms, has raised $54 million in Series A round led by 10T Holdings, and includes participation from Ripple Labs. The startup's founder Aaron McDonald joins "First Mover" to discuss the funding round and his outlook on AI, Web3 and metaverse developments.

Sam Bankman-Fried and FTX Get Spoofed in New Animated Comedy Starring T.J. Miller
An upstart Web3 studio satirizes the FTX saga in a new “interactive” series called "FORTUN3," debuting this fall.

Solana Foundation, Polygon Lead $30M Fundraise for Web3 Firm Cosmic Wire
The startup offers metaverse creation tools and a list of general blockchain infrastructure solutions.

Web3 Funding from Venture Capital Funds Slumps in Second Quarter: Crunchbase Data
Crypto-specific investment firm CoinFund has raised $158 million to support pre-seed and seed stage investments in new startups across the Web3 sector. The news was first reported by Bloomberg. The Hash" panel discusses the outlook of institutional investor confidence in a bear market, as Web3 funding from venture capital funds has plunged 76% in the second quarter when compared to the same period a year ago, according to data from Crunchbase.

Aku Creator Micah Johnson on Starbucks Partnership, Web3 Outlook
Starbucks' Web3 loyalty program Odyssey is launching a new 'Journey' for its next digital collectible Stamp, in collaboration with NFT collection Aku. Aku creator and former MLB Player Micah Johnson shares his insights into the Starbucks partnership and what to expect from "Aku Adventure." Plus, Johnson's take on the future of Web3 in entertainment and the downturn in the NFT market.

Digital Art Platform Prohibition Taps Arbitrum to Democratize Generative Art
Created by Web3 innovation studio VenturePunk, Prohibition allows any artist to create generative art on-chain, utilizing the Art Blocks Engine.

VC Funding in Web3 Plummets 76%: Crunchbase Data
In the second quarter of 2023, Web3 startups raised just over $1.8 billion, compared to $7.5 billion during the same period last year.

Unstoppable Adds Support for ENS Domains
The domain provider will also offer auto renewal for the .eth domains as well as the ability to use fiat payment methods like credit cards.
