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

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 British Library, modified by CoinDesk)

Opinion

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.

(Jose Gil/Unsplash)

Learn

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.

Web5 (developer.tbd.website)

Web3

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.

Singapore road (Shutterstock)

Web3

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.

(Passakorn Prothien/Getty Images)

Web3

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.

NFT de Hot Wheels. (Mattel)

Opinion

Crypto Didn’t Fail FTX; People Did

Decentralization was, and still is, the answer, says the co-founder of Near Protocol.

Former FTX CEO Sam Bankman-Fried in the Bahamas (Danny Nelson/CoinDesk)

Web3

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.

(Polygon X Magic Eden)

Web3

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.

A screenshot from inside Metaverse Fashion Week. (Cameron Thompson/CoinDesk)

Opinion

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?

(Chesnot/Getty Images)