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

Credit Suisse and Swiss Football Association to Release Women's Football NFT Collection

All the proceeds from the collection, featuring portraits of the Swiss Women’s National Team, will be donated to support women’s football in Switzerland.

Swiss Women's National Team (Credit Suisse)

Web3

Bored Ape Yacht Club NFT Floor Price Sinks to 20-Month Low

The floor price of the Yuga Labs NFT collection fell to 27.4 ETH, or about $53,000, on Sunday evening before rebounding slightly.

(Yuga Labs)

Videos

First Animated Film Funded by a DAO Brings Nouns NFT Collection to Life

Atrium, a network of independent Web3 artists and creators, has released the pilot for “The Rise of Blus: A Nouns Movie,” turning the popular NFT collection into entertainment. Atrium founder and CEO Supriyo Roy joins "The Hash" to discuss the release after the NounsDAO community passed a proposal to fund the film in March.

Recent Videos

Videos

Hong Kong's Task Force for Web3 Development; South Korea Passes Crypto Bill

The Hong Kong government established a task force for promoting Web3 development, according to a press release on Friday. This comes as South Korea's National Assembly passed the Virtual Asset User Protection Act, marking the country's first step towards building a legal framework for virtual assets. "The Hash" panel discusses the state of crypto regulation in the U.S. compared to the rest of the world.

Recent Videos

Web3

Azuki Is Rebuilding After Its Elementals Mint Mishap

Azuki’s latest expansion of its NFT ecosystem missed the mark, while Candy Digital and Palm NFT are merging together to create a superpowered NFT production studio. Also, Warner Music Group and Polygon are launching a blockchain music accelerator program.

Azuki Elementals (OpenSea)

Web3

Harry Styles Concert App Takes Fans in More Than One Direction With Blockchain Rewards

At a recent concert, 5,000 of the pop star’s fans opened digital wallets through the EVNTZ app, paving the way for future blockchain-based rewards.

Harry Styles at Madison Square Garden. (Cam Thompson/CoinDesk)

Web3

Azuki Teases Anime Series, New Artwork After Missing the Mark on Elementals Mint

The team behind Azuki discussed ways to rebound after its community was left frustrated by the new Elementals NFT collection.

Azuki Elementals (OpenSea)

Opinion

Web3 Can Actually Compete in the Computer Chip Race

Decentralized infrastructure, aka DePIN, offers competitive alternatives for GPU-hungry AI startups in need of cheap and secure data storage and other computational resources.

GPU prices have taken a toll, and it's hitting Nvidia's bottom line. (FritzchensFritz/Creative Commons, modified by CoinDesk)

Web3

Lacoste Expands Its NFT Ecosystem With New Rewards

The latest expansion of the Lacoste Web3 universe grants holders access to "creative sessions, contests, video games and interactive conversations."

Lacoste UNDW3 card. (Lacoste)

Web3

ApeCoin DAO Votes In Two New Special Council Seats, Replacing Alexis Ohanian and Yat Siu

The two new members will help the Special Council "administer DAO proposals and serve the vision of the community,"

(The British Library, modified by CoinDesk)