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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.
Crypto Didn’t Fail FTX; People Did
Decentralization was, and still is, the answer, says the co-founder of Near Protocol.
NFT Marketplace Magic Eden Expands Support for Polygon-Based NFTs
The leading Solana NFT platform will welcome a new community of Web3 gaming developers and publishers on the Polygon network.
The Metaverse: More Women Are ‘Power Users,’ but Women Have Less Power
McKinsey’s latest report takes a look at demographics in the metaverse, suggesting that while women spend more time on metaverse platforms, they hold fewer leadership positions at metaverse companies than men.
Decentralized Social Media – Has the Moment Come?
With Elon Musk's Twitter seeing a backlash, users are flocking to Web3 alternatives like Lens, Minds and Mastodon. Will the trend last?
Native Tokens Needed in Web3 Project?
Should we be questioning which Web3 projects need native tokens? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Decentraland DAO Considers Pausing Grants as FTX Collapse Spotlights Diversification
The metaverse platform’s DAO community treasury holds over 99% of its assets in MANA, Decentraland’s native cryptocurrency.
Sports Fan Tokens Rally Ahead of FIFA World Cup, Defying Crypto Market Gloom
Socios.com’s CHZ jumped 11% in a day, while fan tokens of national soccer teams of Portugal and Argentina are up 50% and 28%, respectively, amid mounting anticipation for the soccer World Cup.
NFT Marketplace X2Y2 Will Enforce Creator Royalties, After Pushback
The popular platform was among the first to make creator royalties optional, inspiring other marketplaces including LooksRare to follow suit.
Binance Puts Ronaldo NFTs in Spotlight With First-Ever Global Ad Campaign
The famous footballer's inaugural NFT collection launched on Friday, with Binance calling out "bad players."
Taiwan’s Crypto Future
Taipei pivots towards Web3 and crypto. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
