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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.
Axelar Introduces Virtual Machine for Developers Building Cross-Chain Crypto Apps
Axelar describes its new VM as Kubernetes for 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.
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.
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.
3AC Liquidators to Sell Multimillion-Dollar Portfolio of Seized NFTs
Teneo, the liquidator for the bankrupt crypto hedge fund, has listed out hundreds of NFTs that are subject to a forthcoming sale.
Sotheby’s to Auction Neal Stepheson’s ‘Snow Crash’ Manuscript and Digital Collectibles
The auction house is offering the original 1991 manuscript of the sci-fi novel that coined the term "metaverse," alongside a series of physical and digital collectibles.
Dapper Labs Ruling Could Spell Trouble for Other Centralized NFT Projects, Experts Say
If Dapper Labs’ NBA Top Shots Moments are found to be securities, the company and its CEO could potentially face civil and criminal penalties for selling unregistered securities.
Web3 Music Streaming Platform Audius Integrates TikTok
Audius users can sign up for the application with their TikTok profiles and use the streaming service’s songs in their videos on the social-media platform.
DWF Labs Invests $25M in Privacy Tech Startup Beldex
The funds will help promote the ecosystem of decentralized applications that protect user data.
A16z Leads $25M Round for Web3 Startup Building Online Towns
Here Not There also received backing from Benchmark and Framework Ventures.
