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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.
Web3 Needs Seamless Infrastructure to Drive Adoption
This coming year will be a tipping point for crypto projects that are looking to position themselves well for the next wave of crypto growth.
Crypto Winter Isn’t Chilling VCs From Investing in Web3, Says PitchBook Analyst
Robert Le, senior emerging technology research analyst at the data and research company, breaks down investment in the coming months and details which areas of the industry are seeing growth right now.
Australian Open Adds NounsDAO Collaboration Ahead of Second Web3 Activation
The famed tennis tournament is teaming up with NounsDAO, OnCyber and Vayner Sports Pass ahead of its second ArtBall NFT release.
Japan to Exempt Token Issuers From Corporate Tax on Unrealized Gains
Project founders will no longer be subject to hefty taxes which forced them abroad from next April onwards.
Investments in Centralized Crypto Services Fell 85% in Q3: PitchBook
A recent PitchBook report on crypto investment trends reveals Web3, gaming infrastructure and the metaverse have received a lot more venture capital funding. Senior Emerging Technology Research Analyst Robert Le points out "there has been a shift away from centralized crypto services."
VCs Pour Nearly $20B Into Crypto Startups in 2022: PitchBook
According to recent PitchBook data, VC firms have invested nearly $20 billion into crypto startups globally, with 616 deals through the first nine months of 2022. PitchBook Senior Emerging Technology Research Analyst Robert Le discusses the key takeaways from the report, sharing insights into the top trends in crypto VC fundraising, Web3 and emerging opportunities.
Donald Trump NFT Collection Sells Out, Price Surges
According to data from OpenSea, the collection’s floor price is about 0.19 ETH, or $230, more than double the original mint price.
Web3 Community Platform Console Launches Beta to Fix 'Broken' Social Networks
The decentralized, privacy-forward startup hopes to address the challenges Web3 communities face on other social networks like spam, bots and reckless crypto shilling.
The Next Step in the Evolution of Web3: Regenerative Finance
“ReFi,” coined by economist John Fullerton, is the process of using markets to fix the issues markets have created. Crypto, the freest market system yet, can help bootstrap efforts to regenerate the world economy.
The Sandbox Onboards Security Firm OpenZeppelin to Protect Its Platform from Attacks
The blockchain security firm behind the Forta network will monitor vulnerabilities, alert for potential threats and audit smart contracts within the popular metaverse game.
