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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.
Argentinian Airline Issues Every Ticket as an NFT
Low-cost carrier Flybondi has expanded its partnership with NFT ticketing company TravelX to offer all tickets as NFTs on the Algorand blockchain.
Pace Gallery Holds First Web3 Solo Exhibit Featuring Tyler Hobbs
The New York City show, titled QQL: Analogs, features large-scale physical derivations of the generative artist’s popular NFT collection.
Unstoppable Domains Launches AI-Generated Avatars
The Web3 domain provider is helping users enhance their digital identities through AI avatars that can be minted as NFTs on Polygon.
Axie Infinity’s Ronin Blockchain Overhauls Tech, Expands to New Game Studios a Year After $625M Hack
Ronin will transition to a delegated proof-of-stake consensus mechanism and expand beyond Axie Infinity’s IP.
Andy Warhol Artworks to Be Offered as Tokenized Investments on Ethereum
Four of Warhol's famous works were "partially acquired" from well-known art collectors, and each work will be available as shares in the form of security tokens.
The Metaverse Is Facing a ‘Cooldown Moment’ Amid Crypto Winter
That isn’t necessarily a bad thing, Cathy Hackl, chief metaverse officer at Journey, told "First Mover."
Brands Like Dolce and Gabbana Participate in Metaverse Fashion Week
Luxury brands like Dolce and Gabbana are participating in this week's Metaverse Fashion Week on Decentraland. This comes as Disney reportedly lays off its metaverse team. Journey Chief Metaverse Officer Cathy Hackl discusses fashion in the metaverse and the outlook for Web3 amid crypto winter.
Algorand Aims to Help Developers Transition to Web3 With AlgoKit
The tool suite is designed to be an easy on-ramp for Web2 developers shifting to Web3 and developers from other chains who want to test out Algorand.
The Algorand Foundation Branches Out to India
AlgoBharat claims it will support India’s transformation from the Web2 to Web3 space.
