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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.
Facebook Parent Company Meta Exploring Decentralized App: Report
The app will be a standalone product for sharing text updates.
Starbucks Odyssey Releases ‘The Siren Collection,’ Its First Limited-Edition NFT Drop
Members of Starbucks Odyssey, the rewards program currently in beta, were able to purchase up to two “Stamps” from an edition of 2,000 featuring the brand’s iconic siren, but the launch was not without issues.
NFT Company Palm Teams With Pussy Riot to Foster Activist Art
Nadya Tolokonnikova will teach an “Activist Master Class” on the Palm network’s educational platform and curate a feminist art contest through the Palm DAO during NFT.NYC.
Audius Launches NFT-Gating Feature to Incentivize Artist for Exclusive Content
Web3 music platform Audius said it’s implementing a non-fungible token (NFT) gating feature intended to allow artists to release exclusive content to NFT holders. This comes as streaming service Spotify is testing token-gated playlists. "The Hash" panel discusses Audius' continued blockchain push and the implications for the music industry.
THNDR Games Launches Play-to-Earn Bitcoin Blocks Puzzle Game
The Bitcoin gaming company’s latest product will allow players to test their problem solving skills against others to win bitcoin.
Digital Art Platform and Residency Program Wildxyz Raises $7M
Notable investors such as Reid Hoffman, Gwyneth Paltrow and Cozomo de Medici participated in the seed funding round.
Audius Implements NFT-Gating for Exclusive Artist Access
The news follows streaming service Spotify’s release of token-gated playlists.
Coinbase Starts ‘Wallet as a Service’ Business Allowing Companies to Build Into Their Own Apps
U.S. crypto exchange Coinbase is starting a "wallet as a service" business that will allow companies to customize blockchain wallets for their own customers. "The Hash" panel discusses Coinbase's latest offering helping companies "bring the next hundred million customers into Web3 through a seamless wallet-onboarding experience."
NEAR Foundation CEO on Protocol Starting ‘Blockchain Operating System’
Layer 1 blockchain network NEAR Protocol has launched a product-first operating system that developers can build into and users can interact on as a single platform. NEAR Foundation CEO Marieke Flament weighs in on the "Blockchain Operating System." The NEAR Foundation is a non-profit that oversees the governance and development of the NEAR Protocol. Plus, Flament predicts what the future of a "multi-chain" Web3 looks like and how gaming has already become one such use case.
WomenInDeFi Brand Strategist on Women In Crypto: Blockchain Gives us Opportunities
As part of International Women's Day, WomenInDeFi Brand Strategist Umeh Chinonye discusses how blockchain and Web3 technology are bringing more opportunities to women, particularly in Nigeria. "Blockchain give voices to the unseen," Chinonye said.