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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.
Solana Foundation, Polygon Lead $30M Fundraise for Web3 Firm Cosmic Wire
The startup offers metaverse creation tools and a list of general blockchain infrastructure solutions.
Web3 Funding from Venture Capital Funds Slumps in Second Quarter: Crunchbase Data
Crypto-specific investment firm CoinFund has raised $158 million to support pre-seed and seed stage investments in new startups across the Web3 sector. The news was first reported by Bloomberg. The Hash" panel discusses the outlook of institutional investor confidence in a bear market, as Web3 funding from venture capital funds has plunged 76% in the second quarter when compared to the same period a year ago, according to data from Crunchbase.
Aku Creator Micah Johnson on Starbucks Partnership, Web3 Outlook
Starbucks' Web3 loyalty program Odyssey is launching a new 'Journey' for its next digital collectible Stamp, in collaboration with NFT collection Aku. Aku creator and former MLB Player Micah Johnson shares his insights into the Starbucks partnership and what to expect from "Aku Adventure." Plus, Johnson's take on the future of Web3 in entertainment and the downturn in the NFT market.
Digital Art Platform Prohibition Taps Arbitrum to Democratize Generative Art
Created by Web3 innovation studio VenturePunk, Prohibition allows any artist to create generative art on-chain, utilizing the Art Blocks Engine.
VC Funding in Web3 Plummets 76%: Crunchbase Data
In the second quarter of 2023, Web3 startups raised just over $1.8 billion, compared to $7.5 billion during the same period last year.
Unstoppable Adds Support for ENS Domains
The domain provider will also offer auto renewal for the .eth domains as well as the ability to use fiat payment methods like credit cards.
Is the Metaverse a 'Global Panopticon'?
In an excerpt from her new book "Beyond Data," lawyer Elizabeth M. Renieris argues emerging extended-reality technologies erode individual and societal privacy rights.
NFTs go High Fashion: Gucci Partners With Christie's on New Collection
256-year old auction house Christie’s is teaming up with luxury fashion brand Gucci to release a digital art non-fungible token (NFT) collection. "The Hash" hosts discuss the latest move bringing together the worlds of fashion and Web3.
Google Plays Nice With NFTs, Starbucks Puts Ex-MLB Star’s NFT Project on Deck
Google is allowing NFTs in games in its play store, while Starbucks recruits Micah Johnson’s Aku character for its next at-bat with NFTs.
Co:Create Releases Web3 Loyalty App on Shopify
The app allows over 4 million Shopify businesses to implement blockchain-based loyalty and rewards programs from their storefront.
