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

Tech Startup MultiversX Starts Web3 'Super App' With Finance, Social Features

The metaverse-focused blockchain startup said its ambitious xPortal app will offer connection to Web3 apps and virtual worlds.

(MultiversX)

Web3

Gaming Engine Unity Taps MetaMask, Immutable X and Solana for Web3 Developer Tools

The leading platform for game developers introduces an online storefront for decentralized tools, adding support for major Web3 players.

Video game controller (Martínez/Unsplash)

Opinion

Why Not Donate Dead NFT Wallets?

Inaccessible cryptocurrencies presumably have taxable value, meaning they can be donated to a museum, conceptual artist and lawyer Brian Frye writes.

Robert Rauschenberg, creator of “Canyon” (Nijs, Jac. de/Fotocollectie Anefo/Nationaal Archief, modified by CoinDesk)

Finance

Metaverse Token Gamium Surges 340% After Meta and Telefonica Partnership Announcement

The token has a market cap of $29 million and has surged by 340% over the past 24-hours.

Gamium token (TradingView)

Web3

Mitsubishi, Fujitsu and Other Tech Firms to Create ‘Japan Metaverse Economic Zone’

The agreement is aimed at creating the infrastructure for an open metaverse and “updating Japan through the power of games.”

(B. Tanaka/Getty)

Web3

Winning Dookey Dash Key Sold for $1.6M

The one-of-one "Golden Key" was earned by receiving the highest score on Yuga Labs' skill-based NFT game Dookey Dash last month.

Dookey Dash Golden Key (Yuga Labs)

Tech

Axelar Introduces Virtual Machine for Developers Building Cross-Chain Crypto Apps

Axelar describes its new VM as Kubernetes for Web3.

Puente. (Aleksandr Barsukov/Unsplash)

Web3

Avatars, Get Ready to Strut: Decentraland to Host Second Metaverse Fashion Week

The event will have Dolce & Gabbana and Tommy Hilfiger return with new virtual activations while Coach and Adidas are set to debut their digital wearables on the popular metaverse platform.

Metaverse Fashion Week 2023 (Decentraland.org)

Web3

Peloton’s Robin Arzón Is Building a Web3 Community Around Working Out

The exercise giant's vice president of fitness programming is soon launching Swagger Society, a Web3 lifestyle membership club that aims to foster a fitness community in Web3.

Robin Arzón, Peloton’s vice president of fitness programming (James Farrell)

Web3

Electronic Arts Founder Trip Hawkins Joins Web3 Gaming Startup

Hawkins is taking on the role of chief strategy officer for Web3 company, Games for a living.

(Jose Gil/Unsplash)