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.

Finance

Web3 Developer Platform Alchemy Is Raising $12M for New Venture Capital Fund

It’s unclear what the funds will be used for, as Alchemy has a history of making investments through its venture capital arm and a separate grants program.

By Cam Thompson, Brandy BetzSep 13, 2022

Alchemy CEO Nikil Viswanathan (Danny Nelson)

Videos

Solana COO on NFT Markets, Ethereum Merge, Network Stability

Solana-based non-fungible token (NFT) marketplaces are seeing booming sales volumes, although the wider NFT sector is down roughly 80% year-to-date. Solana Labs Chief Operating Officer Raj Gokal shares insights into the Solana ecosystem and how it differentiates from the competition. Plus, Gokal's take on the upcoming Ethereum Merge and Solana's Web3 mobile phone.

Sep 13, 2022

Videos

Here's What Solana's Saga Phone Looks Like

Solana Labs Chief Operating Officer Raj Gokal shows off Solana's Saga phone in CoinDesk TV's studio, saying it's "a flagship quality Android device but it's built with Apple quality hardware." Plus, he discusses how the Web3 phone stacks up against the new iPhone 14.

Sep 13, 2022

Finance

Venture-Capital Firm Northzone Raises $1B Fund for Fintech, Web3 Investments

Web3 is a "core sector" for the firm, one Northzone partner told the Block.

By Camomile ShumbaSep 13, 2022

Las estrategias de trading de los participantes de Crypto Twitter incluyen el puente a zkSync. (Mufid Majnun/Unsplash)

Finance

This San Diego Car Wash Is Using NFTs to Drive Up Demand

After adding digital collectibles to its list of membership benefits, Soapy Joe’s saw a spike in customers visiting multiple locations to collect them.

By Eli TanSep 12, 2022

Videos

NEAR Foundation Launches $100M VC Fund for Web3 Innovation

The NEAR Foundation is introducing a $100 million venture capital fund and venture lab in partnership with Caerus Ventures to catalyze innovation in Web3 with a focus on sport, music, film, fashion and art. "The Hash" panel shares their thoughts on navigating the world of Web3 among many "trend-following" projects.

Sep 12, 2022

Finance