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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.
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.
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.
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.
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.
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."
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,"
Gary Vaynerchuk-Backed Candy Digital and Web3 Production Company Palm NFT Studio Announce Merger
Working together under the Candy Digital name, the two firms will bring their digital experiences within sports, entertainment, arts and culture across major brands including MLB, NASCAR, Netflix and more.
Developer Six Clovers Launches Cross-Border Crypto Payments on Sui
Digital payment company Six Clovers is launching a new Web3 cross-border crypto payment system called the "Versal Network," which allows companies to transact in stablecoins and CBDCs. Six Clovers co-founder and CEO Jim Nguyen joins "First Mover" to discuss the launch and why they decided to build on the Sui blockchain.
Developer Six Clovers Rolls Out Cross-Border Crypto Payments on Sui
The Versal Network will allow companies to transact in stablecoins and central bank digital currencies.
Azuki ‘Elementals’ Mint Mishap Highlights the Fragile State of the NFT Market
From troubled mint mechanics to recycled artwork, Azuki’s latest NFT mint shows that even blue-chip projects are struggling to grow during a challenging bear market.
