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.

Markets

Gala Games to Airdrop Version 2 Tokens in May

The new tokens are part of an upgrade to Gala's network.

By Shaurya MalwaApr 18, 2023

Video game controller (Jose Gil/Unsplash)

Web3

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.

By Toby Leah BochanApr 17, 2023

Web3

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.

By Rosie PerperApr 17, 2023

Web3

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.

By Cam ThompsonApr 17, 2023

The view from the Rainbow Room at NFT Now's NFT100 Gala (Cam Thompson/CoinDesk)

Videos

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."

Apr 17, 2023

Consensus Magazine

Thank Elon for Making the Use Case for Twitter Competitor Nostr

Crypto thrives online where bitcoin maxis can find – and maybe feud with – each other. But since Twitter went private, crypto advocates are seeing the value of censorship-resistant social media. That’s why Nostr is one of CoinDesk’s 2023 Projects to Watch.

By George KaloudisApr 17, 2023

Consensus Magazine

Regen Network Calculates the Real Price of Our Actions

A trio of sustainability consultants designed a layer 1 blockchain that mints ecological assets and measures the true environmental costs of manufacturing and other commercial enterprises. That’s why Regen Network is one of CoinDesk’s Projects to Watch 2023.

By Eliza GkritsiApr 17, 2023

Consensus Magazine

Immutable Passport Opens Borders for Web3 Games

A trio of Australian co-founders is betting a single sign-on to give gamers access to multiple metaverses may attract the next billion users to Web3. That’s why Immutable Passport is one of CoinDesk’s 2023 Projects to Watch.

By Toby Leah BochanApr 17, 2023

Opinion

Web2’s Lesson for AI: Decentralize to Protect Humanity

In order to prevent the potentially destructive impact of AI on humanity, we need open-source innovation and collective governance that is possible through blockchain protocols and Web3, rather than the monopoly defaulting structure of Web2, according to Michael Casey, CoinDesk's chief content officer.

By Michael J. CaseyApr 14, 2023

Web3

Reddit to the Moon, Razer Stays Sharp

Reddit has released another wildly popular NFT collection while Razer has launched a Web3 gaming accelerator.

By Rosie PerperApr 14, 2023