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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.
Soulja Boy Has Reportedly Been Cranking Out Promotions for Scam NFT Projects
Research done by internet sleuth ZachXBT indicates that the "Crank That" rapper has promoted dozens of NFT projects on social media, some of which turned out to be rug pulls.
Trump Drops Second Series of Digital Trading Card Collection
Earlier this month, the floor price on the original Trump NFT collection jumped after the news of his indictment, but the new Series 2 release has sent the first collection’s price downward.
Metaverse-Focused Gala Games to Airdrop Version 2 Tokens in May
A new version of the native tokens of metaverse-focused Gala Games will be airdropped to users on May 15, developers said in a blog post on Tuesday. "The Hash" panel discusses the larger implications for Web3 gaming and digital ownership.
Developers Stay Resilient Through Harsh Crypto Winter, Report Says
According to Alchemy’s Q1 2023 "Developer Report," Ethereum SDK installations reached an average of 1.9 million installs per week, a 47% year-over-year increase.
A Technologist’s Approach to Explaining What Crypto Fixes
Co:Create co-founder Ankush Agarwal presents a user-centric guide to development, balancing Web3 technology’s potential with the needs of customers.
Gala Games to Airdrop Version 2 Tokens in May
The new tokens are part of an upgrade to Gala's network.
Smurf Happens: Beloved Blue Characters Enter Web3
The small, blue beings that originated as a comic and became internationally known as cartoon and movie stars are entering the NFT arena.
Nike Is Releasing Its First Digital Sneaker Collection on .Swoosh
The virtual sneaker, called Our Force 1, is a play on the brand's iconic Air Force 1 design.
NFT.NYC Was Calm, but Side Events Stirred Drama
While the annual conference saw fewer attendees in a chilly NFT winter, the real “magic” – and drama – of the Web3 gathering happened outside the main convention.
Lamina1 CEO on Mainstream Adoption of the Metaverse
Lamina1 is a layer one blockchain ecosystem that’s set on providing the infrastructure for Web3 developers to build the “Open Metaverse.” During CoinDesk's "Projects To Watch" week, Lamina1 CEO Rebecca Barkin discusses mainstream adoption of the metaverse, noting it will rely on a "cultural movement."
