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.

Layer 2

The Degens' Sports Club

It's like a sportier version of Wall Street Bets, plus bar and NFTs. And it's showing how to build a vibrant community in Web3, says Jeff Wilser.

By Jeff WilserSep 7, 2022

(Knights of Degen/OpenSea, modified by BeFunky)

Finance

Golden State Warriors’ Co-Owner to Start Fantasy Sports-Style NFT Game

The entrepreneur Nick Swinmurn’s foray into NFTs includes Gremlin-style collectibles that let owners predict outcomes in all the major sports leagues.

By Eli TanSep 6, 2022

Finance

NFT Software Company Dust Labs Raises $7M During y00ts Release

The announcement came during the high-profile and long-anticipated minting that’s taken the Solana NFT community by storm.

By Eli TanSep 6, 2022

A DeGods owner shows off his NFT. (Archie)

Finance

‘Blocker Bug’ Delays Highly Anticipated Y00ts NFT Mint

Whitelisted accounts for the Solana-based project will have to wait another day before getting their hands on the buzzy NFT collection.

By Eli TanSep 4, 2022

y00ts is running one day late. (y00ts, modified by CoinDesk)

Videos

Future of Nigeria’s Booming Crypto Scene

Nigeria showed more interest in crypto than any other country since the markets began to decline in April, according to a study by price tracker CoinGecko. WomenInDeFi Brand Strategist Umeh Chinonye discusses her outlook on the state of crypto in Nigeria.

Sep 2, 2022

Videos

Nigerians Flock to Crypto as the Naira Weakens

Some Nigerians are turning to bitcoin (BTC) to hedge against the naira's drop in value amid a collapsing economy. Paxful Deputy General Counsel Jude Ogene and Africa Blockchain Institute Head of Research Oluwaseun Adepoju discuss the role of crypto as a potential tool for financial freedom. Plus, WomenInDeFi Brand Strategist Umeh Chinonye discusses the impact of Web3 and DeFi in Nigeria.

Sep 2, 2022