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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.
Why Zug Is Ranked as the Top Global Crypto Hub of 2023
"CoinDesk Daily" host Jennifer Sanasie discusses the top cities ranked in CoinDesk's Crypto Hubs list this year, which evaluated places based on the ability to live freely and work smart in Web3 and blockchain.
Japan's Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains
Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry's development, which it sees as a pillar of economic reform.
Animoca-Backed Game Wallet Wars Delegates Release Decision to DAO Vote
Wallet Wars’ rallying cry is inspired by a scene in the TV series The Simpsons.
China Vows to Clarify Web3, NFT Development Path
Moving forward, China’s Web3 strategy would encourage the development of new business models such as NFT and accelerate the innovative application of Web3, the Ministry of Science and Technology said.
Shiba Inu Could Soon Offer SHIB Holders a '.shib' Internet Domain
The team is working with internet domain player D3 to apply for and win the “.shib” internet domain as part of a broader push toward a decentralized identity project.
Web3 Needs to Develop an Obsession With Brand Image
It’s high time for the crypto industry to start thinking about the next phase of adoption, the end user and the signals it is sending, esteemed artist and designer Aapo Nikkanen writes for Crypto 2024.
India Won't See Crypto or Web3 Bill for Another 18 Months, Senior Lawmaker Says
Jayant Sinha, one of India's senior politicians who helps oversee the financial evolution of the nation, told CoinDesk that the country is unlikely to bring a crypto or Web3-specific legislative bill anytime soon. CoinDCX CEO Sumit Gupta joins "First Mover" to discuss the state of crypto regulation and mainstream adoption in India.
Most Influential 2023: Why Regulation and Enforcement Was a 'Big' Theme For Crypto
CoinDesk's Most Influential recognizes the people, who, for the better, and sometimes the worse, defined the year in digital assets and Web3. There are ten top honorees who made an outsized impact, and 40 more people who were only a little less influential. CoinDesk Head of Magazine Ben Schiller discusses the biggest themes and trends that shaped the rankings this year.
Most Influential 2023: The People Who Defined the Year in Crypto
Every year, CoinDesk puts together the Most Influential list memorializing the people, themes, and stories that made an impact — positive or negative — on crypto, blockchain and Web3. CoinDesk's head of magazine Ben Schiller reveals the results for this year. For ten of the entrees, CoinDesk also asked select digital artists to create NFTs of the honorees.
Ron Faris at Nike Is Running With Web3
As many corporations shied away from blockchain-powered initiatives this year, Nike has been quietly building a model for how brands can use a Web3 backend to gain new audiences.
