Decentralization is a key principle of blockchain technology and is one of the main features that distinguishes blockchain from traditional centralized systems. Decentralization refers to the...
Web3 is the next generation of the internet, which aims to create a more decentralized, open, and secure internet for users. Web3 infrastructure refers to the...
The sports governing body of the International Chess Federation (FIDE), on Friday, partnered with Avalanche to expand its competition reach into web3. This partnership implies an...
While FTX’s implosion shed light on the failings of centralised exchanges, it may have also revealed an underlying challenge in the NFT industry. Like the FTX...
Sumitomo Mitsui Financial Group (SMBC), a leading financial organization in Japan, is testing soulbond tokens to meet emerging social requirements. Today, December 8, 2022, SMBC formally...
Starbucks has announced that Odessey, its first Web3 community-based project, will launch on December 8, 2022. The information was sent out via email to a handful...
Emurgo, a founding member and partner of Cardano, has launched Cardano Spot, a social media platform for the Cardano community. Emurgo created Cardano Spot to connect...
Monies raised by several crypto projects yearly run into billions of dollars. In H1 of 2022, startups raised $30.3 billion from 1,199 rounds which is greater...
The metaverse has become another buzzword in web3. It is seen as the virtual space where everyone can connect, interact and share. Popular Metaverses such as...
NFTs have grown into a huge global market worth billions of dollars. Projections from experts show that by 2030, that market will have a transaction volume...
Leading Solana wallet, Phantom, is launching support for Polygon & Ethereum-based NFTs. The wallet service revealed the move in a Nov 29 Twitter post. According to...
Sport betting is making its way into the crypto industry and is gradually gaining the attention of crypto natives. Events like the World Cup 2022 have...
The FIFA World Cup has finally begun, and the Web3 space isn’t being left out of the excitement. Once every four years, the whole world witnesses...
The rise in popularity and innovation of NFTs has opened doors to several fashion brands to launch NFT projects. But several of these projects have failed...
Footwear giant Adidas has announced the launch of its first collection of NFT digital wearables. Dubbed “Virtual Gear”, the collection consists of a 16-piece limited edition...
Non-custodial wallet service Trust wallet has announced the integration of Coinbase Pay and Binance Pay. According to a blog post, the new integrations will allow users...
Building a product that has attracted the remaking of the Star Trek movie is a milestone the Render Network team has attained as a result of...
The traditional trading market that relies on a centralized and less transparent system is part of the reasons behind the several economic meltdowns we’ve experienced globally,...
What makes Web2 social media platforms still popular today? Are users truly free to express themselves on such platforms without censorship? Can Web3 tools be used...