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.


Web3

How AI Data Sets Work – And How Artists Can Collaborate With Them

For creatives, tackling machine learning requires an understanding of how to best feed it data and refine its algorithm to complement one’s artistic endeavors.

(Yuichiro Chino/Getty Images)

Web3

Collectors Are Bored of Apes and Don’t Want to Pay Royalties

The floor price for Bored Ape Yacht Club NFTs has sunk and creator royalty payments shrunk to their lowest in two years. Plus, Tom Brady’s sports collectibles site Autograph is reportedly moving away from crypto.

Bored Ape Yacht Club #3001 (OpenSea, modified by CoinDesk)

Web3

Is Justin Bieber’s Ape Really Worth $59,000? The Nuances of Valuing NFTs

While the floor price of Bored Ape Yacht Club is down, determining the value of an individual NFT in the collection requires a more nuanced understanding of floor price, rarity traits and cultural significance.

Bored Ape Yacht Club #3001 (OpenSea, modified by CoinDesk)

Web3

You Can Now Buy NFTs on Twitter Through Inspect's Browser Extension

NFT Inspect, which recently released a Chrome browser extension that analyzes NFTs used as Twitter profile pictures, is integrating MoonPay's payment solutions.

(Franklinisbored/NFT Inspect)

Video

Animoca Brands Executive Chairman Yat Siu Discusses Crypto Regulation in Hong Kong

Animoca Brands co-founder and executive chairman Yat Siu joins "First Mover" to discuss the state of crypto regulation in Hong Kong as the city establishes a task force that promotes Web3 development. The establishment of a regulatory framework "gives it legitimacy," Siu said.

Recent Videos

Video

Animoca Brands Executive Chairman Yat Siu Joins Hong Kong’s Web3 Task Force

Animoca Brands co-founder and executive chairman Yat Siu is joining the Hong Kong government's task force for promoting Web3 development. Siu joins "First Mover" to share insights into his role and Hong Kong's state of crypto. Plus, Siu's take on the future of gaming.

CoinDesk placeholder image

Politiche

EU’s Leaked Metaverse Strategy Proposes Regulatory Sandbox, New Global Governance

Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said.

The EU's metaverse strategy may propose a new global governance (Pixabay)

Politiche

EU Metaverse Strategy Set to Examine Privacy, Competition and Rights

A policy paper next week won’t set legislative rules – but could point the way ahead on some key Web3 issues.

The EU's metaverse strategy is due soon (Pixabay)

Web3

NFT Creator Royalty Payments Hit Two-Year Low: Nansen

The rise of royalty-optional platforms like Blur and OpenSea have contributed to declining royalty payments for artists across the space.

Nansen NFT royalty data (Nansen)

Web3

Hollywood Legend Steve McQueen Honored as 'King of Cool' in New NFT Collection

The racing-themed collection with 1,000 NFTs will give holders access to token-gated content, events and games celebrating the actor's love of motorcycle racing.

(Silver Screen Collection/Getty Images)