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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.
NBA All-Star Baron Davis on His Web3 Journey
Former NBA All-star and serial entrepreneur Baron Davis is launching SLiC Images, a rights management platform that prioritizes ownership for photographers. Davis explains the significance of giving ownership back to creators and how his career in the NBA helped him grow in the Web3 space. He also reacts to regulatory actions against celebrities who have endorsed cryptocurrencies.
IOST Network's Token Surges Over 8% on Deal With Amazon Web Services
The network will use AWS' computing power, AI tools and decentralized internet architecture.
More Than Gamers Sold a Breakthrough Web3 Game and Delivered Empty Promises
In December 2021, a group of esports enthusiasts set out to build the ultimate Web3 gaming ecosystem made for pro gamers. Now, the founding team has effectively stepped away from the project, leaving its community confused and angry.
Justin Sun Says Hong Kong’s New Licensing Regime Could Shift Policy in Mainland China, Eventually
In the interim, if granted a VASP license, the Tron founder says Houbi will launch a new exchange, Huobi Hong Kong, to comply with regulators.
Redeem Raises $2.5M to Let Users Receive NFTs via Phone Numbers
Kenetic Capital led the round ahead of Redeem's second-quarter product launch.
The Next Bicasso: Binance NFT Releases AI-Powered NFT Generator
The new tool allows marketplace users to create computer-generated images and mint them as NFTs.
Entertainment NFT Firm Orange Comet Raises $7M in Equity Round
The company, which has created digital collectibles for athlete Scottie Pippen and “The Walking Dead," plans to raise more capital later this year.
What Kind of Culture Are We Building in Web3?
If the metaverse is speculative fiction, we must dare to be imaginative and inclusive.
Metaverse Token Gamium Spikes After Meta and Telefonica Partnership Announcement
Metaverse project Gamium’s native token GMM surged by 340% to $0.0025 on Tuesday after the project announced deals with social media giant Meta Platforms (META) and telecommunications firm Telefonica (TEF). "The Hash" panel discusses the latest Web3 push from Meta and Telefonica, bringing mainstream blockchain awareness.
