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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.
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.
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.
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.
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.
Reddit to the Moon, Razer Stays Sharp
Reddit has released another wildly popular NFT collection while Razer has launched a Web3 gaming accelerator.
UK’s New Technology Department to Tackle Country’s Metaverse, Web3 Strategy
The department will explore economic growth, investment and business opportunities in these areas, as well as implications on regulation.
Popular Tea Shop Boba Guys Taps Solana for On-Chain Loyalty Rewards Program
On top of building the chain’s loyalty infrastructure, the Solana Foundation recently invested $100,000 into Boba Guys.
The Top 10 Most Expensive NFTs of All Time
While the market for NFTs has cooled from the frenzy that marked 2021, the digital assets are still generating billions of dollars in trading volume in 2023.
MonkeDAO Plans to Buy Rights to Popular Solana Monkey Business NFT Collection for $2M
The decentralized autonomous organization formed by owners of the Solana Monkey Business NFT project will purchase all intellectual property rights to the collection from its current owner HadesDAO.
Sotheby's Relaunches Glitch Digital Art Sale After Representation Backlash
The "Glitch: Beyond Binary" art sale is a reboot of last month's "Glitch-ism" auction and features a more diverse roster of artists.
