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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.
Los Angeles: Where Hollywood Magic and Creativity Meet Web3
The City of Angels is a global influencer in art, fashion and, especially, entertainment. Less known are its significant contributions in technology innovation. Taken together, the No. 11 spot on CoinDesk’s Crypto Hubs 2023 is a Web3 superpower. Plus it has the world's best movie stars.
Web3 Fashion Platform SYKY Launches Incubator for Emerging Digital Designers
The Seven Seven Six-backed SYKY platform will work with a group of 10 digital designers to grow their skills in the year-long incubator program.
Avalanche-Backed Web3 Gaming Studio Pixion Games Closes $5.5M Seed Round
The funds will go towards building out Fableborne, the studio’s flagship Web3 game.
Bitcoin Investment Sentiment Turns Bullish; Hut 8 Secures Up to $50M in Loans From Coinbase
"CoinDesk Daily" host Jennifer Sanasie takes a look at today's hottest headlines in the crypto industry. Digital asset investment products witnessed the largest single weekly inflows in a year - mostly dominated by bitcoin-related products, according to a report from CoinShares. Meanwhile, Hut 8 Mining (HUT) has secured up to $50 million in loans from Coinbase Credit to fund its operations, which includes closing a merger with US Bitcoin Corp. Plus, days after abandoning its proposed purchase of Prime Trust, BitGo CEO Mike Belshe said the cryptocurrency custodian has more acquisitions in the pipeline. And, the NEAR Foundation is joining Alibaba Cloud to accelerate Web3 growth in Asia and the Middle East.
Azuki Unveils New ‘Elementals’ Collection, Expanding Its NFT Ecosystem
A portion of the yet-to-be-revealed 20,000-edition NFT collection was airdropped to holders on Friday.
Influencer Formerly Associated with Azuki Postpones NFT Drop After Plagiarism Accusations
Pseudonymous NFT researcher and artist Elena admitted to tracing other pixel art to pad out her upcoming collection Atomic Ordinals.
Soccer Franchise FC Barcelona Scores World of Women for Upcoming NFT Release
Empowerment, the second NFT in the football club’s ten-piece Masterpiece collection, is a one-of-one created in collaboration with World of Women that pays tribute to Spanish player Alexia Putellas.
How Gaming, Loyalty and Entertainment Are Adapting to the Rise of NFTs and Web3
The gaming, entertainment and loyalty industries are poised for big changes, thanks to Web3 tech such as NFTs and DAOs. We talk to the experts on how. Plus, Nike and Puma announced new digital partnerships that show Web3 is still kicking.
Home Improvement Giant Lowe's Is Selling an Mfers Meme NFT Garden Flag
An NFT project that has grown its community and reached meme status has made its way onto a major retailer's website.
NFL Rivals Scores 1M Downloads for NFT-Based Mobile Game
The game hit the milestone in under two months since its release in the Google Play and Apple Stores.
