Web3

Cryptocurrency Ethereum (CRYPTO: ETH) and the smart contract ecosystem were sized up by Canaccord Genuity in a new note. Here’s a look at where analysts Michael Graham and Joseph Vafi see future value in them. Fifth Wave Of Computing: Web1...

Mysten Labs, a Web3 infrastructure company and developer of the Sui Layer 1 blockchain,  on Thursday announced a $300-million raise in Series B funding that values the company at over $2 billion. The round was led by FTX Ventures, with participation from a16z crypto, Jump Crypto, Apollo,...

By Jeff Davis Ever since its inception, venture capital has two silos. In one silo, there’s the management which makes the day-to-day decisions about the fund’s investments. The second, there are the limited partners – the investors that provide the capital the managers invest....

Even as the value of digital assets like cryptocurrencies soar and venture capital (VC) investments in blockchain and crypto companies reach record highs, a greater number of business owners and developers are eager to enter this fast-growing market. However, blockchain-based businesses do not...

There is always hope, even going into the fifth month of the crypto bear market. For those who can’t bear to keep following the prices (pun intended), we focus on following the projects of the projects themselves, which create the value. On Sept. 6, the center of that hope is the merge...

Social media giant Snap Inc (NYSE: SNAP) is dissolving its Web3 team amid company-wide layoffs, according to a prominent member of that team. What Happened: Earlier this week, reports emerged that the Snapchat parent planned to cut 20% of its workforce, joining a cohort of...

Blockchain-based virtual reality interactive platform Aftermath Islands Metaverse, along with Liquid Avatar Technologies, is launching a Meta Park Pass, a digital identity credential that allows users to prove themselves as a real person without disclosing personal information. Liquid Avatar...

Katie Haun, a former general partner of famed venture capital fund Andreessen Horowitz (a16z) and current CEO of Haun Ventures, led a Series A funding round for a new startup called thirdweb, raising $24 million which values the company at $160 million. What Happened: Haun led the...

Crypto is on track to record its first month under $1 billion in sales since June 2021, according to Dapp Radar. OpenSea, the leading NFT marketplace, is down 75% in sales since May and looks set to scrape the lowest levels since July 2021, according to Dune. Of course, OpenSea is still by far the...

NASCAR, INDYCAR and USAC champion Tony Stewart is launching non-fungible tokens to engage with his fans and bring forth the next generation of Web3 technology. Interest in NFTs, Connecting With Fans: Stewart and Tony Stewart Racing partnered with Orange Comet on an upcoming launch of NFTs. Stewart...

The metaverse is going to be huge. Facebook changed its name to meet the opportunity. And yet, according to Statista, while there are 3 billion users on Facebook, only 50,000 are using Web3 virtual spaces. There is tremendous potential — and investment — in the...

The ZepetoX team (ZTX, ZepetoX.io) announced its foray into the web3 space, sharing its vision to build an open world that empowers creators and communities to build, play and earn.  What Happened? ZepetoX is the crypto metaverse initiative. ZEPETO, Asia's largest metaverse platform...

An ongoing dilemma of poor user experience has slowed growth and adoption in the Web3 ecosystem. In a recent talk with one of Harvest Finance’s community leaders, “Red,” a better understanding of the UX bottleneck was provided. While there are numerous advantages that the...

For roughly two years, OpenSea has been the dominant NFT marketplace. In many ways, the OpenSea experience has lived up to its name: vast, inescapable and uniform in appearance, with page after page of colorful images floating by like so much debris on a sea of digital ownership. Rarible...

Fan engagement and rewards platform Socios.com, along with technology provider Chiliz, announced a $100 million investment in FC Barcelona.  The move accelerates the football club's blockchain, non-fungible tokens (NFTs), digital assets and Web3 strategies. Socios.com and Chiliz will...