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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.
Adidas Releases Chapter 1 of Its ALTS Dynamic NFT Collection
Holders of Adidas' Into The Metaverse NFTs can burn their tokens to join the new dynamic NFT ecosystem.
Reddit Keeps Upvoting NFTs, Drops Third-Generation Collection
According to data from Dune Analytics, the Polygon-based NFT collection has 7.4 million unique holders.
Companies Behind Azuki NFTs and Line Friends Characters Join Forces for Web3 Expansion
Chiru Labs, the Web3 startup behind NFT projects Azuki and Beanz, is partnering with IPX, the firm known for the colorful Line Friends characters that originally began as stickers for the LINE messaging app.
Gaming Tech Company Razer Introduces Web3 Venture Fund
The fund, called zVentures Web3 Incubator, will leverage its expertise to grow early-stage projects building blockchain-based gaming infrastructure.
Former Bitcoin Core Developer Says NFT Market Is ‘Pleasantly Down to Earth’ Again
Now that the crypto asset sector has weathered the hype, higher-quality projects are likely to continue developing, Jeff Garzik says.
Information Protocol RSS3 Raises $10M via Token Sale to DWF Labs
RSS3 recently unveiled RSS3 AIOP, an AI training environment providing Web3 information to the likes of ChatGPT
A16z Highlights Web3 Strength in Its Second ‘State of Crypto’ Report
The venture capital giant sees bear markets as a time for builders, particularly blockchain infrastructure projects.
NFT Collective Proof Launches New Moonbirds Collection With Beeple, Other Artists
The "Moonbirds: Diamond Exhibition" collection is available exclusively to holders that reached "Diamond Nest" status by staking their NFTs.
Crypto Exchange Bitget Launches $100M Fund Targeting Asia-Focused Web3 Startups
Seychelles-based crypto exchange Bitget has started a $100 million fund targeting Web3 startups as Asian countries build a framework for developing Web3. "The Hash" panel discusses the potential outcomes and the future of crypto in Asia.
Hong Kong’s Financial Secretary Declares Now Is the 'Right Time' for Web3 Adoption
Finance chief Paul Chan said in a blog post that despite recent volatility in crypto, now is the time to push forward Web3 technologies.
