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

Web3 Service Unstoppable Domains and Polygon Labs Roll Out .polygon Domains

The new tool will allow users to expand their digital identity across over 750 decentralized applications, games and metaverses on the Polygon network.

(Polygon Labs)

Policy

India’s Crypto Industry Finally Sees Lawmakers Engaging

The event managed to bring senior leaders from India’s ruling party and the opposition benches.

Indian politicians and policy makers at a crypto event by CoinDCX and Bharat Web3 (Amitoj Singh/CoinDesk)

Web3

NFT Artist Beeple Opens Digital Art Gallery in Charleston, SC

Mike Winkelmann, also known as Beeple, has opened the 50,000-square-foot Beeple Studios to showcase his art and to build a community of fellow creators.

Beeple at SXSW Conference in 2022. (Jason Bollenbacher/Getty Images for SXSW)

Web3

Meta Will End Support for NFTs on Instagram, Facebook

Meta’s Stephane Kasriel said on Twitter the decision is prompted by a desire “to focus on other ways to support creators, people, and businesses.”

(Meta)

Learn

What Are MoonCats? The Legacy NFT Project Revived by Its Community

Created in 2017, the collection of generative pixel art-style cats was rediscovered in 2021 and quickly gained popularity.

(MoonCats Rescue)

Opinion

The Australian Open Goes Full Web3

January’s tennis grand slam shows how brands can embrace the metaverse for increased fan engagement.

(Josephine Gasser/Unsplash, modified by CoinDesk)

Web3

Facebook Parent Company Meta Exploring Decentralized App: Report

The app will be a standalone product for sharing text updates.

PARIS, FRANCE - MAY 24, 2018 : Facebook CEO Mark Zuckerberg in Press conference at VIVA Technology (Vivatech) the world's rendezvous for startup and leaders. (Shutterstock)

Web3

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.

Siren (Starbucks)

Web3

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.

Nadya Tolokonnikova of Pussy Riot. (Michael Tullberg/Getty Images)

Videos

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.

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