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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.
Louis Vuitton’s Soulbound Luxury NFTs, Apple’s Expensive Vision
Louis Vuitton is releasing a collection of NFTs retailing for $39,000 each. Plus, Apple announced its Vision Pro augmented reality headset.
NFT Inspect Introduces New PFP Discovery Tool for Twitter
The recently-resurrected NFT analysis platform has a new Chrome browser extension that provides real-time data on Twitter profile pictures.
Decentralization, Equity, and Purpose: The Triad for DAO Evolution
CoinDesk Web3 Reporter, Cameron Thompson, outlines key insights the Consensus @ Consensus Report on DAOs: The imperative to shun 'decentralization theater', address prevalent voter apathy with the principle that 'each member of the DAO should have one vote', and the pivotal call for DAOs to engage in 'solving real-world problems' with Web 3.0 technologies, beyond just capitalizing on the hype. These key takeaways set the tone for the future discourse on DAOs.
What Apple's Vision Pro Headset Means for Web3
Apple announced details of its Vision Pro mixed-reality headset on Monday, but could that revolutionize Web3 and the future of the metaverse? CoinDesk Executive Director of Global Content Emily Parker weighs in.
Cut the Jargon, Keep Your Promises: How Crypto Can Fix Its Image Problem
Consensus 2023 attendees argued that improving crypto's image requires a clearer explanation of digital assets and a focus on tangible, user-centric products and services
Banks Have Come to the Metaverse
Several big-name financial institutions have set up shop in virtual worlds, making inroads to a whole new generation of clients.
Digital Art Collective Wildxyz Introduces Curatorial Board to Grow Experiential Art Program
The 10 artists, including Deafbeef, Casey Reas and Harm van den Dorpel, will advise the platform’s artist residency program.
‘Stand With Crypto’ NFT Spreads Across Crypto Twitter Amid SEC Crackdown
After the SEC announced separate lawsuits against Binance and Coinbase this week, figures across the crypto space have been minting Coinbase’s “Stand with Crypto” NFT to show their support.
NFT Lending Is Trending, Raising Concerns of ‘Predatory’ Platform Behavior
Amid an extended crypto winter that has cooled NFT trading, platforms like Blur, Binance and Astaria have introduced new lending options to boost liquidity. While some traders support NFTfi, others say the trend is risky.
To Identify or Not in a Web3 World?
By striking a balance between privacy and identity verification, blockchains can realize their full potential and lure institutional money.
