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

OpenSea Goes Pro, Ralph Lauren Takes Crypto

Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.

By Rosie PerperApr 7, 2023

Finance

Venture Capital Bitkraft Raises $220.6M for Second 'Token' Fund: Filing

The firm didn’t comment on the new SEC filing, but did outline its crypto investment strategy.

By Brandy BetzApr 6, 2023

Web3

Magic Eden Rolls Out Bitcoin Ordinals NFT Creator Launchpad

After releasing a Bitcoin NFT marketplace in March, the company is expanding its resources for creators to securely mint their inscriptions before selling to collectors.

By Cam ThompsonApr 6, 2023

Finance

Multicoin Leads $4M Strategic Round for Web3 Co-Ownership Platform Lore

The platform, now in public beta, allows groups of people to share non-fungible tokens (NFT) for expanded access and utility.

By Brandy BetzApr 6, 2023

Videos

Japan Greenlights White Paper to Promote Web3 Growth in the Country

Japan's ruling Liberal Democratic Party's Web3 project team has published a white paper laying out recommendations for growing the country’s industry. CoinDesk Executive Director of Global Content Emily Parker weighs in on the state of Web3 adoption in Japan and the regulatory headwinds in the U.S.

Apr 6, 2023

Policy

Japan Approves Web3 White Paper to Promote Industry Growth in the Country

The document proposes more tax reforms, clearer accounting standards and a DAO law.

By Lavender AuApr 6, 2023

Akihisa Shiozaki, a member of Japan's House of Representatives, is leading a team that is helping form policies for Web3. (Okonogi Airi)

Videos

How Decentralized Threads Build Web3

The Computing Sector includes assets that serve as platforms to decentralize the traditional web services that have played a prominent role throughout Web2 computing.

Apr 5, 2023

Finance

DWF Labs Invests $16M in RACA to Spur Web3 Gaming Ecosystem

RACA has evolved from managing the NFT collection of Elon Musk’s mom to a Steam-like blockchain gaming ecosystem.

By Brandy BetzApr 5, 2023

DWF Labs managing partner Andrei Grachev (LinkedIn)

Tech

Inventor of Ethereum’s ERC-20 Token Standard Plans New Blockchain ‘LUKSO’ for Creative Types

Fabian Vogelsteller is launching his new project, a layer 1 blockchain “LUKSO,” and validators will be able to join the network through the Genesis Validator Smart Contract Deposit.

By Margaux NijkerkApr 5, 2023

Web3

Ralph Lauren Miami Store to Accept Crypto Payments

The brand is also partnering with Web3 community Poolsuite to release a co-branded NFT collection.

By Rosie PerperApr 4, 2023