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

Magic Eden Embraces Ordinals, Releases Bitcoin NFT Marketplace

The popular NFT marketplace is integrating support for Bitcoin wallets Hiro and Xverse to help traders list, purchase and sell Ordinal NFTs.

(Magic Eden)

Web3

Sony Files Patent for NFTs to Allow Transfers Between Games and Consoles

The move by the gaming giant aims to make assets more interoperable, not only between different games but also hardware like VR headsets, computers and different consoles.

PlayStation controller (StockSnap/Pixabay)

Finance

Web3 Investor Paradigm’s VP of Engineering Tal Broda Exits

The executive, who joined Paradigm a year ago from Citadel Securities, said he will pursue opportunities closer to his prior experience.

Paradigm co-founder Fred Ehrsam speaks at Token Summit II. (Credit: Brady Dale for CoinDesk)

Web3

Creators Behind Web3 Game Aavegotchi Raise $30M in Multiyear Token Sale

The sale, which began in September 2020, ended Monday over concerns of the stability of the DAI stablecoin.

Gotchi Guardians (Aavegotchi Blog)

Consensus Magazine

Eva Beylin: NFTs Are Empowering to Artists

The director of The Graph Foundation, and a speaker at this year’s Consensus festival, on why NFT artists should get royalty payments and why online pseudonymity matters.

(Ian Suarez/CoinDesk)

Web3

Immutable and Polygon Labs Team Up to Expand the Web3 Gaming Ecosystem

The strategic partnership is aimed at simplifying the process of onboarding game studios and developers into Web3.

Video game controller (Jose Gil/Unsplash)

Opinion

3 Lessons Web3 Founders Can Take From ChatGPT’s Success

As GPT-4 takes the world by storm, crypto can learn from how artificial intelligence has attracted users.

AI Artwork Robot writing typing writer (DALL-E/CoinDesk)

Consensus Magazine

Baron Davis: Bringing Athletes to Web3

The ex-NBA point guard is teaching sports clients to engage with communities using crypto tech.

Former NBA player Baron Davis is trying his hand in blockchain technology with an NFT-based project. (Paul Archuleta/Getty Images)

Opinion

Could Legendary Hip Hop Platform DatPiff Serve as a Springboard for ‘Music NFTs’?

In an age defined by digital disruption, legacy IP may hold the key to the next wave of culture, Gitcoin fundraising lead Azeem Khan writes.

(Marcela Laskoski/Unsplash, modified by CoinDesk)

Web3

The NFT Louvre Exhibit That Wasn't: Untangling the Public Mess of a Non-Event

Last week, AI artist Claire Silver announced her NFTs would be displayed at the Louvre Museum in Paris – which The Louvre denied shortly after. Here's what happened.

Paris, France. (Pixabay)