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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.
The Jackson Pollock Studio Splatters Beyond the Physical, Releases Digital Art Collection
Beyond the Edge, inspired by the famed artists’ former workspace, features digitized Pollock works that come with a physical counterpart.
Future of Web3 Gaming
Web3 games are gaining traction but have only captured a small fraction of the players compared to top Web2 games, according to CoinGecko data. Meanwhile, Alexis Ohanian recently tweeted the play-to-earn business model will "become standard for video games" in 5 years. Alliance DAO Core Contributor, and PHD in game studies, Will Robinson, discusses his take on the future of Web3 gaming.
Digital Toy Company Cryptoys Integrating Kid-Friendly AI Chatbot Into NFTs
The company’s ChatGuardian is designed to be as “safe as possible” and will allow kids to play and interact with their Cryptoys NFT, while allowing parents to filter and control the conversations.
Snoop Dogg and a16z Back Web3 Music Platform Sound’s $20M Funding Round
The company aims to help artists make a living for their music by minting their songs on-chain and selling them directly to fans.
Coinbase Soars Amid Spot Bitcoin ETF Optimism; Former FTX Executive in the Hot Seat
“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including a closer look at why Coinbase's stock is jumping in the last 24-hours. Federal prosecutors in Manhattan are reportedly investigating a former FTX executive over possible campaign law violations. Algofi, the largest decentralized finance protocol on layer-1 blockchain Algorand, said it will shut down. And, a Web3 TV show helmed by the co-creator of “Rick and Morty” gets a premiere date.
Dan Harmon’s Web3 TV Show ‘Krapopolis’ Finally Gets Premiere Date
The animated show, helmed by the “Rick and Morty” co-creator, has already been renewed for a second and third season ahead of its September release.
What to Expect From EU’s Metaverse Strategy
The European Commission's metaverse strategy slated to drop later today could point the way ahead on some key Web3 issues like property rights, technological standards and privacy. Metaverse EU Editor Patrick Grady discusses what to expect from the proposal and the implications for AI.
Justin Sun on Hong Kong Outlook, State of Crypto Regulation
Hong Kong continues to draw in crypto enthusiasts by embracing Web3 and creating more transparent regulatory frameworks. TRON founder and Huobi Global Advisor Justin Sun discusses the outlook for crypto in Hong Kong, an update about the progress on securing Huobi's crypto trading license in the region, and his take on the U.S. crypto regulatory landscape.
"What Is ActivityPub?" Understanding the Social-Media Protocol Meta’s Threads Plans to Use
Meta’s launch of Threads has brought new interest in ActivityPub and how the social network protocol and the associated fediverse – including the Twitter-like Mastodon – work.
Starbucks Teams Up With Micah Johnson's Aku NFT Project
The next Starbucks Odyssey Journey will feature a Stamp "designed by Aku" and include a $100,000 donation to Blessings in a Backpack, a non-profit tackling food insecurity among children.
