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Tag: Web30

DeFi Development Tools to Pay Attention To

The world of Web 2.0, based on the internet and characterized by centralization, is quickly changing into Web 3.0, based instead on the blockchain and characterized by its inherent decentralization. DeFi, GameFi, and SocialFi are all part of this incredible new world. Although the momentum and development of Web 3.0 is strong, it’s still in its early stages, and right now the construction of traditional business on the platform is the primary goal.
Currently the blockchain encounters certain problems, such as inadequate performance and an insufficient amount and quality of functions….

Money’s role will decline. Not just because of digital currency – Ledger Insights

There’s a narrative amongst the crypto crowd that only cryptocurrencies will be used for payments in the future. While this may be wishful thinking, the future of money is undoubtedly going to be disrupted.

But that disruption is more about the removal of frictions enabled through technology than the technology itself.

As context, Piyush Gupta, the CEO of DBS Bank, made comments about blockchain and web 3.0 at this month’s Singapore Fintech Festival. He said that currently, DBS is using the basic functionality of blockchains which give tremendous efficiencies. But he also…

Twitter, Discord to support Solana NFT gallery ‘embed’ with Audius Web 3.0

California-based music streaming platform Audius released a new function that allows artists and fans to embed nonfungible tokens (NFT) on various blogs and social media platforms such as Twitter and Discord.The “embedded” functionality aims to improve fan engagement for musicians through NFT adoption and Web 3.0 integrations. To enable the feature, artists need to connect their Audius accounts with Phantom wallet, a crypto wallet centered around the Solana ecosystem. Aiming to increase the discoverability of Solana NFTs, the company stated:“NFT holders can embed their collectibles…

Introducing xHashtag — A project that lets you earn crypto while shaping the future of Web 3.0 By…

Introducing xHashtag — A project that lets you earn crypto while shaping the future of Web 3.0

The crypto industry has been offering methods of earning a profit ever since trading first started over a decade ago. However, trading carries risk, and crypto volatility is certainly not helping matters either. Of course, it can be very useful if you know how to use it, but it can also be very damaging for the capital of those who do not.
This is why the DeFi sector’s explosion in mid-2020 was such an important thing for the crypto industry as well as the crypto community. DeFi brought…

What is Web 3.0, Really?

One of the things I learned as a researcher, interviewer, and forecaster was that most people who have acquired at least some knowledge of a given emerging technology aren’t looking at the horizon much. They tend to head down, perhaps working on just making the chosen tech work, or trying to discover new ways to make it work.
They may not have the opportunity or even the desire to build a broad, forward-looking perspective. They may not themselves be blessed with good research or due diligence habits, or a sense of how systems as a whole evolve and how the tech under focus fits into…

WEB 3.0 Public Blockchain Built for Trust, Transparency, Privacy & Speed


Partisia Blockchain is a Web 3.0 public blockchain created for trust, transparency, privacy, which is supported by an independent non-profit foundation, the Partisia Blockchain Foundation, in Zug, Switzerland.Partisia is a project with some amazing capabilities. Headquartered in Zug, Switzerland, Partisia Blockchain is co-founded by leading cryptographers, developers, and entrepreneurs in the world, who also founded the companies Partisia.com, Sepior.com, and Instars.com.One of the biggest assets it has is its combination of blockchain and MPC technology which is going to solve some such…

The three traits of Web 3.0 that fix what went wrong with today’s internet

Blockchain tech has come a long way. It wasn’t that long ago that crypto remained at the fringes, evangelized by a vocal minority. The narrative shifted once the COVID-19 pandemic pushed people into their homes with plenty of time to dive into new interests. Crypto benefited from the increased attention, entering everyday conversations among friends, family and colleagues.Even so, it’s still early in crypto. Widespread adoption remains elusive and traditional tech gatekeepers maintain their grip on the digital economy. To loosen that grip, those of us building the decentralized…

Alarm bells ring at possibility of getting caught in Web 3.0

Any time I hear anyone talk about “crypto” — that, well, cryptic set of technologies that includes things like the blockchain and bitcoin and NFTs — every alarm bell in my head goes off. More than once I have thought to myself: this whole thing seems like a scam.But even dubious technologies can have real-world effects. Just this week, a group of crypto enthusiasts got together to try and purchase one of 11 remaining copies of the U.S. Constitution. The future is, if nothing else, going to be very very weird.But crypto is part of a growing set of ideas grouped under the moniker of…

DoraHacks secures $8M by Binance Labs to build a more open-source blockchain world

Singapore, November 19, 2021 — DoraHacks, a decentralized global developer community and open-source incentive platform, has secured $8 million in strategic investment from Binance Labs, the venture capital arm and innovation incubator of Binance.DoraHacks is a global hackathon organizer and one of the world’s most active Web 3.0 developer communities. It provides Web 3.0 native on-chain toolkits to help developers around the world raise funding for their startups. In 2021 so far, more than 1,000 projects in the DoraHacks community have received over $12 million in grants and donations…

Cryptocurrency and The Creator Economy

We are experiencing the next frontier of digital assets with a peer-to-peer system called Bitcoin, founded in 2009 by Satoshi Nakamoto and various brave internet visionaries. Today, bitcoin and cryptocurrency have taken over the financial market space. The next generation of internet investors are flocking to this metaverse called Web 3.0 to build and create wealth beyond our wildest imaginations.At this year’s Root Institute, we brought together some of the leading voices educating and inspiring our community to embrace modern finance as a means to build residual income and opportunity….

Celebrate NFT Set to Champion Web 3.0 Commerce with NFT Drop

As the NFT world continues to gain more ground and infiltrate all aspects of the digital ecosystem, Celebrate NFT is already implementing the features of Web 3.0 and bringing the vision to life with its proposed NFT drop.

Celebrate NFT is set to leverage the expanding metaverse by building on the web 3.0 concept to collaborate with top NFT projects, brands, and influencers to create exclusive metaverse wearables. CelebrateNFT plans to create a marketplace for this while getting those partner brands and NFT projects into the metaverse.

Before the marketplace is launched, the …

Venture capital vs. crypto, blockchain, DAOs and Web 3.0

We have seen a steep adoption of crypto-based systems this year, including decentralized finance (DeFi) applications, nonfungible tokens (NFTs) such as digital art, crypto-centric gaming, and increased adoption of cryptocurrencies as investment and payment tools. One of the more recent developments is the emergence of decentralized autonomous organizations (DAOs).DAOs have existed since 2016, when The DAO organization, a new form of investment vehicle that attracted a sizable portion of Ethereum (ETH) tokens, raised more than $150 million at the time. Many saw The DAO as the ultimate form…

NFTs: Future Business of Art to Bring Together Diverse NFT Ecosystem

2021 2021 NFTs: Future Biznss of Art Virtual Summit promo
Diverse Creators Will Gather Virtually for Non-Fungible Token Event
The NFT Summit is set to take place virtually on December 2, 2021
NFTs made me look at myself instantly I was like ‘Oh, this makes me a corporation, makes my content a stock, this makes my fans investors.’ That makes sense to me.”— Lord Sanctus, CEO Connect the Coast Web 3.0 Indie Hip Hop LabelHARTFORD, CONNECTICUT, USA, November 13, 2021 /EINPresswire.com/ — By 2021, the popularity of…

NFTs: Future Business of Art to Bring Together Diverse NFT E…

(MENAFN- EIN Presswire) 2021 2021 NFTs: Future Biznss of Art Virtual Summit promo
Diverse Creators Will Gather Virtually for Non-Fungible Token Event The NFT Summit is set to take place virtually on December 2, 2021 NFTs made me look at myself instantly I was like ‘Oh, this makes me a corporation, makes my content a stock, this makes my fans investors.’ That makes sense to me.” — Lord Sanctus, CEO Connect the Coast Web 3.0 Indie Hip Hop LabelHARTFORD, CONNECTICUT, USA, November 13, 2021 /EINPresswire.com / — By 2021, the popularity of NFTs, or…

Amasa Partners With Polygon Studios To Accelerate Adoption of Play-To-Earn Gaming

November 12, 2021 – Sydney, Australia

The partnership will help drive greater awareness and engagement with play-to-earn gaming and NFTs.

Amasa, a world-first micro income stream investment platform, has partnered with Polygon Studios to accelerate the adoption of play-to-earn gaming and facilitate the transition of game development and studio building from web 2.0 to web 3.0.
Polygon Studios is a branch of Polygon created to focus on the web 3.0 gaming and NFT space, with the goal of driving the adoption of web 3.0 DApps and technologies.
Building on a clear alignment of…

DeFi Deep Dive — Covalent, Blockchain Data Unifier

One of the problems facing Web 3.0 is the unification of scattered decentralized networks. Covalent is addressing this issue. It gives developers access to smart contract data to survey the entire blockchain ecosystem.

Covalent makes it easier for investors to glean insights and performance of digital assets. This is done through its unified API (application programming interface) that indexes blockchains. These range from NFTs to DeFi protocols.

A brief history

Ganesh Swami and Levi Aul started Covalent, expanding to a 35-person team. Across all personnel, they…

PrivacySwap raises $1M from family office, bringing crypto cards to DeFi spaces

As PrivacySwap advances towards a better ecosystem, the platform’s fund has raised $1 million. This fund is managed by a Wall Street veteran’s family office. This strategy is also intended to bring crypto cards and associated PrivacySwap Oracle into the decentralized finance (DeFi) Space.The investment propels PrivacySwap’s Web 3.0 wallet Oracle to support more existing crypto and traditional cards into the DeFi Space. PrivacySwap OracleInstitutional investors have noticed PrivacySwap and the platform has raised $1 million to assist in the global expansion of its utility, upcoming…

How Microsoft Will Move To The Web 3.0, Blockchain Division To Expand

Tech giant Microsoft will expand its blockchain team, according to this department Director of Strategy and Transformation, Blockchain, and Cloud Hardware Supply Chain Yorke Rhodes. Via his Twitter account, Rhodes called on potential candidates and everyone “obsessed with Turing complete, scarce programmable objects”.
Related Reading | How Microsoft Is Building A Decentralized Internet On Top Of The Bitcoin Network
In his post, Microsoft’s blockchain director revealed that he has formed a new team at the software company. Rhodes added that he has spent 6…

Wing, Ontology’s cross-chain DeFi lending platform, is now live on Binance Smart Chain

Showcasing its status as a fully-fledged cross-chain DeFi platform spanning multiple blockchains, this latest announcement follows the launch of Wing on Ontology, Ethereum and OEC.Singapore, November 8 — Wing, the credit-based, cross-chain decentralized lending platform developed by Ontology, the project bringing trust, privacy and security to Web 3.0 through decentralized identity and data solutions, is now live on Binance Smart Chain (BSC).By integrating onto BSC, a blockchain known for its high speeds and low fees, Wing will open up its unique lending, borrowing and insuring options…

Polygon Announces Decentralized Autonomous Organization (DAO) for the Web 3 Ecosystem

Polygon will form a DAO to enable projects, developers, and the community to build a better DeFi and Web3 ecosystem and take the industry to the next level.DUBAI, UAE / ACCESSWIRE / August 20, 2021 / Polygon, an Ethereum scaling full-stack solution bringing mass adoption to the Ethereum platform, has today announced plans to create a Decentralized Autonomous Organization (DAO) for the decentralized finance sector (DeFi) and Web3 space. Polygon proposes the DAO to bootstrap DeFi growth and help onboard the next 100million users to Polygon.With the majority of Web 3.0 projects such as…

Even with Ethereum 2.0 underway, L2 scaling is still key to DeFi’s future

The Ethereum network has come a long way over the last few years. Everything from the rise of decentralized finance (DeFi) to the recent London upgrade has made the network the most compelling attempt to instill a ‘world computer,’ but there’s still work to be done. For global adoption to be the backbone of Web 3.0, the network will need the benefits that the Eth 2.0 upgrade promises to offer. However, to scale for a new wave of decentralized applications (DApps), it’s going to take…

MODA DAO, a Distributed Autonomous Organization, Secures $5M as It Gets Ready for Public Token Sale

MODA DAO, a decentralized autonomous organization (DAO) created to bridge the legacy music industry into the latest Web 3.0 entertainment world, announced that they’ve acquired $5 million via a private sale of their MODA token, with musicians Joel Zimmerman (deadmau5) and Richie Hawtin joining the DAO with VCs Outlier Ventures, Blocksync, FBG Capital, Double Peak, among others.
MODA aims to bring DAOs to the music industry by establishing a framework through which artists are able to…

Web 3.0-focused altcoins soar as the need for truly decentralized crypto grows

The cryptocurrency market is abuzz on Oct. 25 as the sight of multiple altcoins hitting new all-time highs and Bitcoin’s (BTC) return to $63,000 has traders looking for a resumption of the bullish uptrend.Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets ProData from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were PARSIQ (PRQ), Handshake (HNS) and NEAR Protocol (NEAR). PARSIQ advocates for interoperability…

Dear Data Scientists, I Love You. Sincerely, Web 3.0

All drama aside, my understanding of Web 3.0 is still evolving as I learn and as I see new products enter the space with Web 3.0 marketing tags.

I first began to take notice of the concept after reading a few articles by Tim Denning on content creation with Web 3.0, like this one (hey look, another smart Tim 😊).

Tim also writes about one of the most prominent use-cases for Web 3.0 today, cryptocurrencies. Cryptocurrencies are good examples of the potential of Web 3.0 because they are a decentralized and fully transparent means of exchanging value.

Cryptos remove the need for a centralized bank or government controlling the flow of currencies. Which gets us back to understanding what exactly Web 3.0 means.

As I see it, there are two different definitions beginning to take shape.

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