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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.
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.
Pantera Invests $10M in Metaverse Game Worldwide Webb
The Web3 game allows players to use their existing NFT collections as avatars.
Spotify Is Testing Token-Enabled Music Playlists
The pilot is currently only available for Android users in the U.S., U.K., Germany, Australia and New Zealand.
BlackRock Starts Metaverse-Themed ETF Despite Waning Investor Interest
Meta, Apple and Nvidia are top holdings for the exchange-traded fund.
LinksDAO to Bid on Scottish Golf Course Following Vote
The decentralized autonomous organization will make an offer on the 18-hole Spey Bay Golf Club, worth about $900,000.
