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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.
Japanese Lawmakers Want To Carve Out New Web3 Policies: CoinDesk Japan
"We would like to grasp the current situation in areas other than decentralized autonomous organizations and identify new important points for policy," Congressman Hideto Kawasaki said.
'One-Stop Station' Digital Identity Service Root Protocol Raises $10M Seed Funding
The funding rounds, which gave Root a $100 million valuation, were led by Animoca Brands and included contributions from a slew of other notable investors
Magic Leap Execs Believe Metaverse Needs to Focus on Real-World: Report
The Mixed Reality company has raised nearly $4 billion, as metaverse tokens post short term gains
Making Sense of Web3’s Burgeoning AI Ecosystem
Although the intersection of Web3 and AI has great potential, there is a lot of confusion about this emerging technology in the market today. Mapping out the GPU supply chain, layers of the tech stack, and various competitive landscapes can help investors better understand the ecosystem and make more informed investment decisions, says David Attermann, at M31 Capital.
SEC Chair Gary Gensler, Franklin Templeton CEO Among Those Named as 'Most Influential' in 2023
CoinDesk's Most Influential 2023 recognizes the people, who, for better or worse, defined the year in digital assets and Web3. 10 top honorees made an outsized impact and 40 more people were only a little less influential. "CoinDesk Daily" host Jennifer Sanasie takes a closer look at five of the names from the top ten list, which is not a ranking.
Why Zug Is Ranked as the Top Global Crypto Hub of 2023
"CoinDesk Daily" host Jennifer Sanasie discusses the top cities ranked in CoinDesk's Crypto Hubs list this year, which evaluated places based on the ability to live freely and work smart in Web3 and blockchain.
Japan's Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains
Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry's development, which it sees as a pillar of economic reform.
Animoca-Backed Game Wallet Wars Delegates Release Decision to DAO Vote
Wallet Wars’ rallying cry is inspired by a scene in the TV series The Simpsons.
China Vows to Clarify Web3, NFT Development Path
Moving forward, China’s Web3 strategy would encourage the development of new business models such as NFT and accelerate the innovative application of Web3, the Ministry of Science and Technology said.
Shiba Inu Could Soon Offer SHIB Holders a '.shib' Internet Domain
The team is working with internet domain player D3 to apply for and win the “.shib” internet domain as part of a broader push toward a decentralized identity project.
