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

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.

By Cam ThompsonNov 22, 2022

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.

By Cam ThompsonNov 21, 2022

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?

By Daniel KuhnNov 21, 2022

Videos

Native Tokens Needed in Web3 Project?

Should we be questioning which Web3 projects need native tokens? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Nov 21, 2022

Web3

Decentraland DAO Considers Pausing Grants as FTX Collapse Spotlights Diversification

The metaverse platform’s DAO community treasury holds over 99% of its assets in MANA, Decentraland’s native cryptocurrency.

By Cam ThompsonNov 18, 2022

Markets

Sports Fan Tokens Rally Ahead of FIFA World Cup, Defying Crypto Market Gloom

Socios.com’s CHZ jumped 11% in a day, while fan tokens of national soccer teams of Portugal and Argentina are up 50% and 28%, respectively, amid mounting anticipation for the soccer World Cup.

By Krisztian SandorNov 18, 2022

A number of traders and crypto enthusiasts are investing in World Cup-themed tokens. (David Ramos/Getty Images)

Web3

NFT Marketplace X2Y2 Will Enforce Creator Royalties, After Pushback

The popular platform was among the first to make creator royalties optional, inspiring other marketplaces including LooksRare to follow suit.

By Cam ThompsonNov 18, 2022

Web3

Binance Puts Ronaldo NFTs in Spotlight With First-Ever Global Ad Campaign

The famous footballer's inaugural NFT collection launched on Friday, with Binance calling out "bad players."

By Rosie PerperNov 18, 2022

Cristiano Ronaldo. (Gualter Fatia/Getty Images)

Videos

Taiwan’s Crypto Future

Taipei pivots towards Web3 and crypto. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Nov 17, 2022

Web3

Esports Giant TSM Suspends $210M Partnership with FTX

It’s the latest sponsorship deal to fall through since the troubled crypto exchange’s surprise bankruptcy filing last week.

By Eli TanNov 16, 2022

Team TSM line up on stage during the ESL One Stockholm Dota Major at Hovet Arena on May 22, 2022 in Stockholm, Sweden. (Joe Brady/Getty Images)