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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.
Unstoppable Domains and Ready Player Me Team Up to Create Interoperable Metaverse Identities
Users who connect their avatar to their Unstoppable identity will be able to access over 6,000 of Ready Player Me’s applications, games and metaverses, in addition to Unstoppable’s 650 partner apps.
Yuga Labs Announces Skill-Based NFT Mint
The gamified expansion of its Bored Ape Yacht Club ecosystem involves minting a free Sewer Pass to play a game called Dookey Dash.
Top NFT Artists Are Launching Projects on Instagram and Selling Out in Seconds
The platform has facilitated successful NFT drops from artists including Micah Johnson, Drifter Shoots and Refik Anadol, bridging the gap between Web2 platforms and Web3 technology.
Metaverse Can Build Access for Big Companies, Says Virtual Brand Group CEO
The metaverse-building company is looking to leverage the digital ecosystem so big brands can expand their demographic footprint while increasing their revenue streams.
Art Blocks Friendship Bracelet NFT Collection Takes Top Spot on OpenSea
The collection was free to mint for holders of existing Art Blocks NFTs until the claim period ended on Tuesday, sending its value soaring on the secondary market.
The Next Level of the Metaverse: What Is Haptic Technology?
"Haptic" was one of the buzzwords at the 2023 Consumer Electronic Show (CES). It's the technology that allows you to touch and feel the metaverse through clothing, gloves, goggles and other devices. CoinDesk's Doreen Wang reports from Las Vegas.
‘The Revolutionaries Will Be Televised’: PleasrDAO Launching Live Auctions With Snowden, Ellsberg NFT
The community that purchased Martin Shrkeli’s Wu-Tang Clan album in July 2021 pivots to hosting its own sales, starting with an NFT by Edward Snowden, Daniel Ellsberg and the Freedom of the Press Foundation.
Bonk Inu to Mint NFTs on Solana-Based Marketplace Magic Eden. But There's a Catch
A representative told CoinDesk that all BONK tokens used to mint the NFTs will be permanently burned.
Galaxy Digital's Head of Research Sees More Venture Funding for Web3 Firms This Year
The sector led VC funding in 2022, a report from the firm said.
Crypto VC Funding Cooled Off In Q4 2022, What's Next?
Galaxy Digital Head of Research Alex Thorn shares insights into the state of crypto venture funding throughout 2022. He points out a specific decline in pre-seed round deals and a "lion's share of deals done" in the Web3, NFTs, and Metaverse bucket.
