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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.
FTX and Alameda Contagion Fears Tank NFT Markets
Rumors of Alameda liquidating its Solana holdings are sending SOL’s price into free fall; both Solana and Ethereum-based NFT markets are getting hit hard by the news.
Meta Platforms Slashes Over 11,000 Jobs, 13% of Its Workforce
The job cuts come from across its businesses, including its apps and metaverse divisions.
Japan Mobile-Phone Operator NTT Docomo to Invest $4B Into Web3
The operator will collaborate with Astar Foundation and Accenture to speed up Web 3 adoption in the country.
OpenSea Launches First Royalty Enforcement Tool Amid NFT Marketplace Drama
The on-chain tool will blacklist collections from being resold on marketplaces that don’t enforce royalties and will only apply to new collections listed on the platform.
Tim Tebow's Crypto Genesis Story
Heisman Trophy winner and first-round NFL draft pick Tim Tebow shares his Web3 genesis story with "First Mover" and how he co-founded CAMPUS.io. "When there's progress, there should also be purpose with it," he said.
Tim Tebow on Athletes Taking Compensation in Bitcoin, Sports NFTs Outlook
Heisman Trophy Winner and former NFL quarterback Tim Tebow is leading an NFT integration for Nissan and its longtime Nissan Heisman House ad campaign through CAMPUS, a college sports NFT platform he co-founded backed by the Solana blockchain. Tebow joins "First Mover" to discuss the project and the outlook for athletes entering the Web3 space.
Bernstein Says Polygon Blockchain Is the Web3 King
The project has hired staff from large global tech companies and is being used by many big brands such as Starbucks and Instagram, a note from the Wall Street firm said.
Retract Royalties, Reduce Revenue: NFT Creators Are Suffering and so Are Marketplaces
A growing list of marketplaces are seeing the impacts of platforms ceasing to require buyers to pay royalties on collections. Experts aren’t optimistic about what this means for the market.
Blockchain Startup Elrond Rebrands to Focus on Metaverse
Elrond will aim to build on its prior work as a layer 1 blockchain with a focus on scalability to advance Web3 technology in the form of metaverse-related products.
How to Find Your Community in Web3
As the Web3 ecosystem continues to expand, so too have the ways in which people can connect and form communities.
