Web3

Solana DeFi Tokens Undervalued Compared to Ethereum's, Says Franklin Templeton

There's a mismatch between the old guard and new.

A Solana booth at ethDenver (Danny Nelson)

Animoca Brands' Advisory Overtook Web3 Businesses in 2024 as the Yat Siu-Led Firm Pivots

Animoca Brands reported $314 million in bookings, up 12% from 2023’s $280 million, as the company pivoted away from its reliance on gaming and NFT sales.

Animoca Brands' co-founder and executive chairman Yat Siu speaks at Consensus Hong Kong (CoinDesk)

Pump.Fun's Rumored AMM Pivot a 'Strategic Miscalculation,' Says Raydium

A Raydium contributor doubts the memecoin factory could replicate its success.

raydium perps

More from Web3

Flappy Bird Creator Dong Nguyen Comes Out of Social Media Retirement to Take a Swing at GameFi

Flappy Birds is back, but without the support of its creator.

(engin akyurt/Unsplash, modified by CoinDesk)

NPC Labs Raises $18M to Scale Gaming on Base Network

Round brings total raise to $21 million and includes participation from Makers Fund, Hashed, amongst others.

A person playing a PC game. (Florian Olivio/Unsplash)

Bored Ape NFT Prices Tank to August 2022 Levels, Down 90% From Peak

Bored Apes were one of the most globally hyped NFTs in the last bull market, but have suffered amid a general lack of demand for NFT collections.

(Dylan Calluy/Unsplash, modified by CoinDesk)

Immutable, King River Capital, Polygon Labs Set Up $100M Web3 Gaming Fund

Immutable and Polygon Labs will identify investment opportunities while King River will manage the investment process and deploy the capital across game studios and web3 infrastructure firms.

(Jose Gil/Unsplash)

NFTs Are the Pillars of Digital Capitalism, Animoca Founder Says

Yat Siu explains why we shouldn't dismiss NFTs as monkey JPEGs and how blockchain acts as a political system of sorts, fostering a consensus-based democratic process.

Yat Siu is interviewed by CoinDesk at Ta Zhi DAO's lounge during the Taiwan Blockchain Week (Ta Zhi DAO)