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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.
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.
Web3 Domain Provider Unstoppable Domains to Integrate With Etherscan and Polygonscan
The integration will make it easier to trace domain addresses on the two blockchain explorers.
NFT Marketplace Magic Eden Rolls Out Rewards Program
After re-enforcing royalties earlier this month, the marketplace will reward users for trading NFTs on the marketplace.
Gaming Platform Forte Partners With Venture Studio SuperLayer to Expand Beyond Web3 Gaming
The blockchain platform also invested $5 million in the venture studio, which will go towards backing incubated companies.
