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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.
A16z Leads $15M Round for Game Studio Roboto Games
The studio, which was founded by Web2 veterans, plans to add Web3 elements to its forthcoming survival/crafting MMO game.
Sony Launches Motion-Tracking Metaverse Wearables
The Mocopi sensors will cost about $358 and allow users to move as an avatar in real time.
TIME President Grossman Explains the Business Approach to Web3
Outgoing TIME President Keith Grossman, who led the way in the legacy media's digital assets adoption through NFT launches and crypto subscription payments, explains the business approach to Web3. "Do you want to be an online renter? Or do you want to be an online owner?" This comes as Grossman announced via Twitter that he is set to become MoonPay's president of enterprise.
Here's Why TIME President Decided to Join MoonPay Amid Crypto Winter
Keith Grossman, president of TIME, is leaving the legacy media firm to join crypto payments infrastructure firm MoonPay. "MoonPay is the natural evolution ... to bring the next billion people into the [Web3] ecosystem," he says, explaining why he's decided to join the start-up amid crypto winter.
Web3 DAO Game7 Unveils $100M Grant Program
The grants will be awarded to Web3 game projects over five years.
ApeCoin DAO Launches Community-Driven NFT Marketplace
The platform offers features built especially for the Bored Ape Yacht Club and Otherside communities, its CEO said.
The Gaming Industry Doesn’t Need Web3, but Gamers Might
Web3 gaming isn’t conceptually misaligned with what gamers want, but gameplay must be prioritized above all else before gamers will even begin to consider the upside.
What Is Zion, the Web5 Social Network App?
After Elon Musk's acquisition of Twitter, many people are looking for alternatives and wondering what the future of social networks may be. One contender is Zion, which uses Web5 components.
Foresight Ventures Launches $10M Web3 Startup Fund, in Spite of Market Turmoil
The Singapore-based crypto fund plans to back the development of blockchain projects across global markets.
Crypto Custodian Aegis Trust Offers $25M Insurance Policy for NFTs
The policy, provided by insurance marketplace Lloyd’s of London, will protect institutional investors’ NFTs.
