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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.
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.

This Free-to-Mint Soulbound NFT Tracks Your Web3 Work History
Digital community platform Coordinape is rolling out CoSoul, which allows users to create a digital resume on-chain.

Sotheby's to Launch On-Chain Generative Art Program Powered by Art Blocks Engine
The first sale on July 26 will honor generative art pioneer Vera Molnar, who is considered to be the first female digital artist.

Consensus Web3athon 2023 Reveals Its Winners
Six projects building on five blockchain protocols will take home over $200,000 in grants to help fund development.

Warner Music Group Partners With Polygon on Blockchain Music Accelerator
The chosen projects will receive funding from both WMG and Polygon Labs and will also be eligible for mentorship and networking opportunities.

Azuki 'Elementals' NFT Mint Sells Out in 15 Minutes, Raking in $38M
Existing Azuki and BEANZ holders got first dibs on minting the collection, which sold out before making it to public sale.

Web3 Infrastructure Firm Crossmint Launches Wallet-as-a-Service to Expand NFT Use Cases
The new API will allow users to create smart contracts and send NFTs via email, with the infrastructure to generate wallets for NFT collectors.
