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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.
Tencent Teams Up With MultiversX to Expand Web3 Strategy
The Chinese technology company behind the popular messaging app WeChat will utilize the MultiversX network infrastructure to build new products in the Web3 and metaverse spaces.

Web3 Messaging Platform Salsa Raises $2M in Pre-Seed Round
The mobile app is now available in beta and has a partnership with a Proof of Attendance Protocol (POAP).

Web3 Communication Stack Sending Labs Raises $12.5M
The startup creates technology to make decentralized communication easier for developers and users.

GQ Magazine to Launch Its First NFT Collection Linked to Real-World Rewards
Holders of the inaugural GQ3 collection will have access to a magazine subscription, merchandise and live events.

'The Masked Singer' Launches Token-Gated Fan Experience
Now in its ninth season, fans of the reality singing competition can sign up for a free "Loyalty Pass" and purchase art NFTs.

Blur Escalates Royalty Battle With OpenSea, Recommends Blocking Platform
The zero-fee marketplace published a blog post on Wednesday explaining how creators can earn full royalties on its platform, suggesting they block sales on competitor OpenSea.

Ex-Warner Music CEO Joins Web3 Firm OneOf’s Board
Warner Music Group’s former CEO, Stephen Cooper, is joining the board of directors at Web3 firm OneOf. Separately, early 2000s music sharing service Napster has acquired NFT music platform Mint Songs through its venture wing, Napster Ventures, to help bring the company into Web3. "The Hash" panel discusses the latest moves mainstreaming NFTs and Web3 and the implications for the music industry.

New Lamborghini NFT Collection Revs Up for Release on VeVe
The digital collectibles will feature the Huracán STO model of the iconic luxury sports car brand with different rarity traits.

Former Warner Music CEO Joins Web3 Company OneOf’s Board
Stephen Cooper, who also ran entertainment giant Metro-Golwyn-Mayer, will bring decades of experience in music, TV and film to OneOf’s Web3 strategy.

Napster Revives Its Music Ambitions With Web3 Acquisition of Mint Songs
The brand first known for peer-to-peer music sharing from 1999-2001 announced its purchase of the music-focused NFT marketplace.
