Web3

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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.

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(Doodles via OpenSea, modified by CoinDesk)
What Are Doodles? Everything You Need to Know About the Colorful NFT Project
From the NFT project's long-term utility to its creative partnership with Pharrell.
(Doodles via OpenSea, modified by CoinDesk)

Binance-Linked BNB Chain Partners With Google Cloud to Advance Web3, Blockchain Projects
Binance-Linked BNB Chain Partners With Google Cloud to Advance Web3, Blockchain Projects
BNB Chain, a blockchain closely linked to crypto exchange Binance, is working together with Google Cloud to support the growth of early-stage Web3 and blockchain startups. “Th...
Binance-Linked BNB Chain Partners With Google Cloud to Advance Web3, Blockchain Projects

"First Supper," exhibited through a projector at the 'Virtual Niche" exhibit in Beijing in April 2021. The artwork is composed of 22 pieces, each individually encoded as a NFT. (Eliza Gkritsi/TechNode)
A Peculiar Flavor of NFTs Is Thriving in China – One Regulators Can Abide
Unlike most non-fungible tokens, China’s “digital collectibles” are built on closed networks and designed to appease regulators who frown on trading and speculation.
"First Supper," exhibited through a projector at the 'Virtual Niche" exhibit in Beijing in April 2021. The artwork is composed of 22 pieces, each individually encoded as a NFT. (Eliza Gkritsi/TechNode)

Sino Global CEO on Web3 Gaming Investments
Sino Global CEO on Web3 Gaming Investments
NFTs and token economics should accelerate adoption of games, but “they shouldn’t be the central feature,” Sino Global CEO Matthew Graham says. He explains the company’s inves...
Sino Global CEO on Web3 Gaming Investments

The EU's General Court ruled against Google on Wednesday. (Spyros Arsenis/EyeEm/Getty Images)
Google’s $4B Fine May Threaten Web3 Protocols, Legal Expert Says
A court judgment ostensibly about anti-competitive restrictions by a Web2 giant may also send a warning to open-source developers, CoinDesk was told
The EU's General Court ruled against Google on Wednesday. (Spyros Arsenis/EyeEm/Getty Images)

(Toonstar)
Can Web3 Remake Hollywood?
The founders of ToonStar left comfortable jobs at Warner Bros. to make a bet on Web3 entertainment. Can they make fan-driven storytelling work where others haven't? Jeff Wilse...
(Toonstar)

(Moonbirds, modified by CoinDesk)
What Is CC0? The Copyright Designation Buzzing in the NFT Space
Many NFT holders are hopeful about their digital assets' potential long-term value through intellectual property rights and a copyright designation known as CC0.
(Moonbirds, modified by CoinDesk)

Alchemy CEO Nikil Viswanathan (Danny Nelson)
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.
Alchemy CEO Nikil Viswanathan (Danny Nelson)

Solana COO on NFT Markets, Ethereum Merge, Network Stability
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 Operatin...
Solana COO on NFT Markets, Ethereum Merge, Network Stability

Here's What Solana's Saga Phone Looks Like
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 q...
Here's What Solana's Saga Phone Looks Like