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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.
Animoca Brands Co-Founder: Royalties Make It Possible for NFT Projects to Flourish
The computer gaming firm supports royalties. Removing them would only "send the industry backwards," said Yat Siu.
Meta’s NFTease and AI’s Impact on Web3
Meta Platforms ended its support for NFTs, which could hinder Web3 creators.
Salesforce Partners With Polygon for NFT-Based Loyalty Programs
Leading customer relationship management (CRM) software company Salesforce has teamed up with Polygon Labs to help clients develop loyalty programs based on non-fungible tokens (NFTs) on the Polygon blockchain. "The Hash" panel discusses what this means for the future of Polygon and Web3.
Animoca Brands' Yat Siu on Web3 Developments in MENA
Animoca Brands recently announced the backing of Nuqtah, Saudi Arabia's first NFT marketplace platform. Animoca Brands co-founder and Executive Chairman Yat Siu discusses the move and the state of Web3 developments in Saudi Arabia.
SVB Implosion Tanked NFT Trading Volumes, DappRadar Report Suggests
The day after the Federal Deposit Insurance Corp. took control of Silicon Valley Bank, there were only 12,000 active NFT traders, according to DappRadar. That's a number not seen since November 2021. Animoca Brands co-founder and Executive Chairman Yat Siu reacts to this report and discusses his outlook for the NFT market and the broader state of Web3. Plus, insights into Animoca backing Nuqtah, Saudi Arabia's first NFT marketplace platform.
OpenZeppelin Reveals Top 10 Blockchain Hacking Techniques in 2022
The first and second place bugs involved layer 2 scaling system Optimism and vanity address generator Profanity.
Playboy Lost $4.9M on Ether It Accepted as NFT Payments
The company’s net carrying value of digital assets was $327,000 as of December.
Doodles Is 'No Longer an NFT Project,' Co-Founder Says
Jordan Castro, aka Poopie, explained in a tweet the brand is "growing into a company with the goal of becoming a leading media franchise."
How Talent Agency WME Is Expanding Into Crypto
Chris Jacquemin, a speaker at CoinDesk's Consensus conference, on Hollywood's embrace of Web3.
