Web3
TIME President Grossman Explains the Business Approach to Web3
Outgoing TIME President Keith Grossman, who led the way in the legacy media's digital assets adoption through NFT launches and crypto subscription payments, explains the business approach to Web3. "Do you want to be an online renter? Or do you want to be an online owner?" This comes as Grossman announced via Twitter that he is set to become MoonPay's president of enterprise.

Here's Why TIME President Decided to Join MoonPay Amid Crypto Winter
Keith Grossman, president of TIME, is leaving the legacy media firm to join crypto payments infrastructure firm MoonPay. "MoonPay is the natural evolution ... to bring the next billion people into the [Web3] ecosystem," he says, explaining why he's decided to join the start-up amid crypto winter.

Web3 DAO Game7 Unveils $100M Grant Program
The grants will be awarded to Web3 game projects over five years.

ApeCoin DAO Launches Community-Driven NFT Marketplace
The platform offers features built especially for the Bored Ape Yacht Club and Otherside communities, its CEO said.

The Gaming Industry Doesn’t Need Web3, but Gamers Might
Web3 gaming isn’t conceptually misaligned with what gamers want, but gameplay must be prioritized above all else before gamers will even begin to consider the upside.

What Is Zion, the Web5 Social Network App?
After Elon Musk's acquisition of Twitter, many people are looking for alternatives and wondering what the future of social networks may be. One contender is Zion, which uses Web5 components.

Foresight Ventures Launches $10M Web3 Startup Fund, in Spite of Market Turmoil
The Singapore-based crypto fund plans to back the development of blockchain projects across global markets.

Crypto Custodian Aegis Trust Offers $25M Insurance Policy for NFTs
The policy, provided by insurance marketplace Lloyd’s of London, will protect institutional investors’ NFTs.

Mattel Launches NFT Marketplace With Hot Wheels Collection
The premiere drop features brands including McLaren and Aston Martin. The company hinted at future releases inspired by other iconic toy brands.

Crypto Didn’t Fail FTX; People Did
Decentralization was, and still is, the answer, says the co-founder of Near Protocol.
