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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.
What Does Web3 Actually Mean?
Brands like Nike, Starbucks and Gucci have started to make big bets on Web3 through non-fungible token (NFT) sales or metaverse activations. Web3 has also been increasingly adopted in the crypto industry to refer to the future of the internet. So what does this futurist vision actually mean? CoinDesk's Doreen Wang explains.
Dan Harmon's Still-Unreleased NFT TV Show 'Krapopolis' Gets Third Season
The Fox animated comedy series has yet to air a single episode and has made about $650,000 from NFT sales so far.
ETHDenver Looks Cringey to You Because Ethereum Has an Actual Community
Like any good punk or hip hop show, this year's Colorado event for coders will feature events that will "scare away normies," CoinDesk Chief Insights Columnist David Z. Morris writes.
DappRadar: NFT Trading Volumes Hit $2B Last Month
According to Web3 data platform DappRadar’s latest industry report, NFT trading volumes reached $2 billion in February – the highest number since before the meteoric crash of Terra and its UST and LUNA tokens in May 2022. CoinDesk Reporter Cam Thompson joins "The Hash" panel to discuss the state of the digital collectibles industry, citing the success of the Yuga Labs ecosystem and the Blur NFT marketplace.
Web3 Music Streaming Platform Audius Adds TikTok Support
Web3 music streaming platform Audius is adding support for the popular social media platform TikTok. Audius Co-founder and CEO Roneil Rumburg shares insights into the integration, what this means for artists, and the importance of user privacy protection.
Founder of Blur, the Pro NFT Marketplace Driving Billions in Trades, Reveals What's Next
Blur co-founder Pacman, who recently revealed himself to be 24-year-old Tieshun Roquerre, spoke to CoinDesk about the creator royalty dilemma, taking zero platform fees and building long-term value for traders.
CoinDesk and Art Blocks Launch 'Microcosms' to Boost In-Person Events With NFTs
Ahead of Consensus 2023, the largest event in crypto, CoinDesk has created a three-year NFT ticket offering called "Microcosms" that widens rewards for holders and refashions the typical live event ticket model. Microcosms is powered by the Art Blocks Engine that drives the popular generative art platform. Art Blocks Chief Marketing Officer Hannah Siegel-Gardner, along with Head of CoinDesk Studios and Web3 Sam Ewen, join "The Hash" panel to discuss how it all works.
Magic Eden Launches 'Mint Madness' With Free Web3 Gaming Mints
The NFT marketplace is rolling out over a dozen games on three blockchains through March.
Investment Firm Ninepoint Proposes Switching Bitcoin ETF Strategy After Falling 45% in a Year
The fund will now seek to invest mainly in equity and equity-related securities of companies with exposure to Web3, blockchain and the digital asset-enabled internet.
Two-Time NBA All-Star Baron Davis Shares His Web3 Genesis Story
Former NBA All-Star and entrepreneur Baron Davis is launching a rights management platform for photographers on the blockchain. He shares how he got involved with the crypto and Web3 ecosystem, saying, "I've always been a serial entrepreneur ...but it wasn't fun to do that in the NBA...when crypto came along, this is an opportunity for me to explore my creativity."