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.
Crypto VC Performance in 2022
Venture capitalists invested more than $30 billion into crypto and blockchain startups in 2022, despite the macro headwinds and the market downturn. Galaxy Digital Head of Firmwide Research Alex Thorn shares his insights. Plus, a closer look on why Web3 accounted for most deals and the U.S. dominance in crypto venture capital.
Non-Fungible Terms: NFT Lingo Every Collector Should Know
Before you "ape" into NFT trading, brush up on your vocabulary with our beginner-friendly glossary.
Audi-Backed Startup Holoride Is Bringing VR to the Car
Will the “Motorverse” change the face of backseat entertainment?
NFT Marketplace SuperRare Cuts Staff by 30%
CEO John Crain said the company overhired during the market upswing and could not sustain its growth in recent months.
NFT Collective Proof Signs With United Talent Agency
The company behind the popular NFT project Moonbirds hopes to expand its partnerships and grow its brand beyond a Web3-native audience.
Polygon Paid Top Solana Projects Y00ts and DeGods $3M to Migrate Chains
DeLabs, the company behind the NFT projects, received a non-equity grant from the layer 2 chain to fund its expansion.
CES 2023 Highlights
Some of the world's biggest brands are investing and diving into Web3, blockchain, and the digital assets space. Here are some of the highlights from CoinDesk's special coverage of this year's Consumer Electronic Show (CES) in Las Vegas.
Solo Ceesay on Calaxy App, Metaverse Outlook
Joining CoinDesk TV's Christine Lee from CES 2023 in Las Vegas, Calaxy Co-Founder and CEO Solo Ceesay shares insights into Calaxy, a social marketplace for creators, in partnership with NBA star Spencer Dinwiddie. Plus, his take on the future of Web3 and the metaverse.
How Smart TVs Could Help the Metaverse Crack the Mass Market
Web3 features are just beginning to appear on smart TVs, but they could become an on-ramp for general consumers.
Shopify Merchants Can Now Design, Mint and Sell Avalanche NFTs
The new integration streamlines the NFT process for buyers and sellers.
