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.


Consensus Toronto 2025 Coverage

Filmmaker David Goyer Bets on Blockchain for Next Sci-Fi Franchise

The Blade and Foundation screenwriter is turning to blockchain and AI to build a community-driven sci-fi franchise, backed by Web3 startup Story Protocol.

Consensus 2025: David Goyer, Jason Zhao

Consensus Toronto 2025 Coverage

a16z Crypto Leads $7M Round in KYD Labs That Aims to Transform Ticketing Industry

KYD Labs aims to put artists and venues in control, with blockchain-based ticketing boosting sales by 30%.

Money in hand (Unsplash)

Web3

Peaky Blinders to Hit Web3. Anonymous Labs Will Launch Blockchain-Based Ecosystem on Blockbuster Series

A goal is to onboard traditional Peaky Blinders fans into crypto through interactive storytelling and gameplay.

Peaky Blinders poster. (Banijay Rights/Anonymous Labs)

Tech

MIT-Incubated Optimum Raises $11M Seed Round to Build Web3's Missing Memory Layer

The seed round was led by 1kx and included Robot Ventures, Finality Capital, Spartan and more.

MIT Professor Muriel Médard sitting at a table in front of a diagram-covered whiteboard (Optimum)

Markets

CryptoPunk NFT, Once Bought for $16M, Sold for $10M Loss

NFTs, once the darling usecase of crypto, are all but out of favor among investors, with some holders ready to realize huge losses.

(CryptoPunks modified by CoinDesk)

Finance

EOS Rebrands to Vaulta as It Shifts Focus to Web3 Banking

The transition includes a token swap and the launch of a banking advisory group.

Yyves La Rose, founder and CEO of Vaulta Foundation.

Web3

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)

Opinion

5 New Trends in Generative AI That Web3 Needs to Be Ready For

As the transformative technology evolves, the opportunity for Web3 to play a significant role is growing rapidly.

(Yuichiro Chino/Getty Images)

Videos

Why You Shouldn't Worry About Web 3.0 Technology

DJ Skee tells us why he is building his collectible startup, The Realest, on blockchain technology

Why You Shouldn't Worry About Web 3.0 Technology

CoinDesk Indices

Why Web3 Doesn't Have More Users

Tools and better user experience are key if we want Web3 to see the fast growth we saw at the inception of the internet, says K3 Labs’s William Herkelrath.

(Ryoji Iwata/Unsplash)