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.


Web3

F1 Ticket Provider Platinum Group Introduces NFT Tickets for Global Racing Event

The NFTs, debuting this weekend at the Monaco Grand Prix, offer collectors access to the race as well as future loyalty benefits.

The first mover advantage matters for platforms like Lido, but crypto's longterm viability will require to shake up the staking market. (Papafox/Pixabay)

Markets

Milady NFTs Get Dogecoin Treatment as Prices Retrace Days After Elon Musk Tweet

Top holders of LADYs meme coins are sitting on unrealized profits worth millions of dollars.

Milady 8835 last sold for 0.35 ETH (about $1,000) on OpenSea. (Remilia, modified by CoinDesk)

Web3

Nike OF1 NFT Sale Surpasses $1M Despite Delays, Tech Issues

The highly-anticipated virtual sneaker sale on .SWOOSH faced persistent delays, leaving some users frustrated. Meanwhile, Nike has called the release as a success.

Our Force 1 (Nike)

Web3

Pudgy Penguins NFT Project, Once Endangered, Proves Web3 Turnaround Is Possible

After Pudgy Toys debuted on Amazon on May 18, the floor price of the cute NFT project shot up over 6 ETH. Now, with the launch of Pudgy World and the addition of the collection to the NFT lending platform Blend, it is continuing to build momentum.

Customizing a Pudgy (pudgyworld.com)

Web3

Blend Seizes 82% of NFT Lending Market Share: DappRadar

Since NFT lending marketplace Blend launched May 1, it has amassed 169,900 ETH, or about $308 Million in volume.

Blend (Blur.io)

Web3

Ex-Sushi CTO Led NFT Lending Platform Astaria Rolls Out to Public

After months in beta, the NFT lending platform has witnessed the highs and lows of its competitors in the space and aims to boost NFT market liquidity while protecting the interests of lenders and borrowers.

(Astaria)

Web3

Binance Launching NFT Loan Feature

The tool, launching on Friday, will initially support Ethereum loans and NFTs from Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki and Doodles collections.

(Nikhilesh De/CoinDesk)

Web3

Bitcoin-Based ‘Space Pepes’ Led Weekly Trading Volumes Among NFT Collections

Bitcoin-based NFT collections have triumphed over Solana and Polygon-based offerings in recent weeks.

Space Pepes es la colección de NFT más comercializada. (Ordinals Wallet)

Web3

Web3-Friendly Browser Brave Introduces NFT-Gated Video Calls

The new tool for its Brave Talk video service allows hosts to use NFTs and POAPS to manage access to calls.

(Brave)

Web3

Ava Labs Launches 'No-Code' Web3 Launchpad AvaCloud

Ava Labs says that the tool will allow companies to bring Web3 products to market faster, cheaper and with lower risk.

(Ava Labs)