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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.
It’s Game On for Web3: How Gaming Will Onboard a Billion People
As we look to onboard new users into Web3, experts argue that gaming is the ideal vehicle for adoption “because there are so many gamers in the world who are already used to trading digital items and buying digital things.”
Engaging the Masses: How Entertainment is Taking Web3 Mainstream
From creating rich NFT ecosystems to integrating crypto payments into existing models, entertainment giants, talent agencies and creative networks continue to find new ways to organically weave in Web3.
Loyalty, Memberships and Ticketing: How NFTs Will Bring About Mass Adoption
The conversation around NFTs has shifted from speculation to utility. Now, major players have opted to use NFTs to power loyalty, membership and ticketing services, signaling positive signs for mass adoption.
Animoca Brands' Anichess Secures $1.5M for Decentralized Chess Game
The game, launching in early 2024, was made in partnership with Chess.com.
Puma, Gutter Cat Gang and LaMelo Ball Team Up to Release NFT Sneakers
The “GutterMelo MB.03” NFT sneakers are paired with a physical real-life sneaker counterpart and will be available to mint on OpenSea on June 29.
NFT Creation Platform Zora Launches Creator-Focused Layer 2
Zora Network aims to make minting on its platform "faster, cheaper and more enjoyable," according to a press release.
First Animated Film Funded by a DAO Brings Nouns NFT Collection to Life
Led by former animators for Pixar, Netflix and Marvel, “The Rise of Blus: A Nouns Movie” has a budget of $2.75 million and is said to be the first animated film funded by a DAO.
German Intelligence Agency Releases NFT Collection to Recruit Talent
The Bundesnachrichtendienst (BND)’s dog-themed PFP collection can be acquired through a gamified treasure hunt, where participants must find a string of characters hidden by the agency.
Nike Brings .SWOOSH to Fortnite's 240M Users With 'Airphoria' Virtual Experience
All Fortnite players who visit the virtual Air-Max-themed island for 10 minutes or more will receive the Air Max 1 '86 Back Bling digital sneaker.
Alibaba Names Crypto Friendly Joseph Tsai as Next Chairman
Alibaba (NYSE: BABA) said on Tuesday that Joseph Tsai, one of its founders, will step into the role of Chairman come September. "The Hash" panel discusses what the leadership shuffle could mean after Tsai first announced his interest in the Web3 space in December 2021 with a short tweet: “I like Crypto.”
