Web3 Financial News

10.06 / 16:19

NFT wallet Web3 Non-fungible tokens New Partnership to Give '82M Users' Access to .blockchain NFT Domains

Domain and digital identity platform Unstoppable Domains is teaming up with major crypto company Blockchain.com to launch .blockchain non-fungible token (NFT) domains. Under their plan, 82 million Blockchain.com wallet users will be able to obtain a free .blockchain domain from their wallets "in the coming weeks."

03.06 / 21:59

Blockchain solana Web3 integration Support Alchemy announces support for Solana Web3 applications the day after blockchain halted

In an announcement published by Alchemy just one day after the Solana network temporarily halted on June 1, the Web3 development platform and infrastructure provider announced its support for the controversial blockchain.

02.06 / 13:55

NFT Web3 Non-fungible tokens GameStop GameStop Eyes Incoming NFT Marketplace As Net Loss Widens

Following the mixed financial results for the first quarter of the fiscal year 2022, the video game retailer GameStop said that it is taking steps to upgrade its digital asset wallet, with plans to enable transactions on its designed GameStop non-fungible token (NFT) marketplace upon its intended launch in the second fiscal quarter.

01.06 / 13:03

Blockchain defi wallet Web3 KuCoin plugs into Web3 with new decentralized wallet

Cryptocurrency trading platform KuCoin has launched a new decentralized wallet platform as interest in Web3 continues to gather steam.

01.06 / 00:33

NFT Web3 Gaming play Block Games studio announces launch of first skill-based free-to-play blockchain mobile game

Creating a video game that is fun to play more than once or twice is a time-intensive process, a factor often attributed to the significant amount of trial and error involved. Consider that “delivering fun” in a product’s design requires several iterations. Consequently, by some estimates, this process might take 1-2 years for traditional games, and sometimes even over 5.

23.05 / 06:37

Adoption defi Web3 identity ethereum name service Interest in Ethereum Name Service reaching ‘critical mass’

The Ethereum Name Service is having its best month on record for new registrations, account renewals, and revenue thanks to community awareness and low gas fees.

20.05 / 02:17

NFT Web3 Metaverse Utility Hollywood motion picture vehicle designer gives NFT digital assets real-world utility

The metaverse is quickly becoming a reality, making its way into different aspects of our lives, including games, work and social engagements. However, at present, many look to the metaverse only as a way that we can enhance our physical reality by extending the realm of what is possible. The resulting process has been taking a concept and bringing it to design to prototype and prototype to the metaverse; this is the linear path that many real-world items travel to enter the realm of Web3.

19.05 / 19:47

cryptocurrency Web3 CRYPTONEWS Libera Foundation Raises Investment to Start the Supply Chain Revolution Using Web 3.0

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

10.05 / 17:07

Blockchain Web3 Metaverse web3 ecosystem First full-cycle Web3 ecosystem enables users to build their metaverse presence

A transition to Web3 and the metaverse have been a topic of conversation for a while now, meaning both market participants and ordinary users already recognize the value blockchain can deliver. However, despite the benefits being heavily communicated, the entry threshold is much too high for the average user, often requiring special training, experienced consultants and other state-of-the-art resources to actually do so.

29.04 / 14:17

Blockchain cryptocurrency Web3 Opinion How blockchain gaming is booming despite challenges

Siddharth Jaiswal

22.04 / 23:21

Blockchain Web3 Metaverse Metaverse project avoids Web3 fenzy to redefine triple-A digital landscape

Web3 projects are the talk of the current digital scene, with thousands of new companies coming to life every day in an attempt to ride out this global wave with their own product releases. Unfortunately, reality has shown most of these offerings do not provide any tangible value to their player or user bases. Instead, they rely on superficial hype of cryptocurrencies, NFTs and related buzzwords, a seemingly unnatural method to pursue user growth. At present, these efforts result in short-term successes and not sustainable growth.

22.04 / 16:11

Blockchain Web3 Metaverse Internet Why decentralized telecommunications is necessary to make Web3 a reality

The world knows the public internet as the best transport network and the backbone of their daily routines. However, if one looks closely, the internet is far from perfect, with many considering the network untrusted and its usage synonymous with poor reliability and performance issues. Although these faults were once overlooked, the impending Web3 revolution has led many to recognize just how far the current internet foundation is from supporting the increased usage and performance requirements that come with the metaverse, decentralized finance (DeFi) and other blockchain-technology use cases.

21.04 / 16:47

business Web3 Funding POW Grant Public blockchain Kadena launches $100M Web3 grant program

Proof-of-work (PoW) blockchain Kadena has launched a $100 million grant program to encourage Web3 development on its platform, potentially opening the door to more use cases for the layer-one protocol.

19.04 / 17:01

Blockchain Web3 Dapps rebrand Public blockchain rebrand empowers Web2 partners to enter creative world of Web3

The advancement from Web2 to Web3 is believed to be a revolution already in motion. However, few understand just how powerful the implications can be. To illustrate, consider Web2, which marks the era following the dot-com crash. The internet users became accustomed to quicker internet speeds, the rise of streaming sites like YouTube, social media and the mobile internet.

19.04 / 13:21

business Web3 Funding Venture Capital Backed KuCoin-backed companies launch $100M Web3 developer fund

Crypto exchange KuCoin’s venture capital arm and nonfungible token (NFT) marketplace have launched a $100 million “Creators Fund” to help bootstrap early-stage NFT projects at the intersection of art, sports and GameFi.

19.04 / 09:57

cryptocurrency Web3 Dubai Indian regulatory The new brain drain: Indian Web3 startups flock to Dubai amid regulatory uncertainty, stiff taxes

If there was one recurring theme that cut across multiple Web3 meetups held in Bengaluru, New Delhi and Mumbai in the last month, it was Dubai. A city that has almost become an emotion and a panacea for entrepreneurs building on the Web3 platform—the so-called next version of the Internet, which will be decentralised and run on blockchain—even as they grapple with an uncertain regulatory landscape and hefty taxes in India. Every second founder we met at these meetups has either moved to Dubai or is in transition.

18.04 / 15:31

Blockchain Adoption Web3 Gaming Myspace founder predicts blockchain gaming to be ‘dominant place’ for socializing

While many gamers are critical of blockchain-based gaming, Myspace co-founder Chris DeWolfe believes adoption is on the way as the business model inherently provides players more control over their in-game experiences.

14.04 / 12:51

Blockchain Web3 Tokens P2E game release from Korean developer aims to break the barrier between game and reality

Video games have evolved significantly since their initial release in the 1970s. Following the Pong days, the world experienced unprecedented internet growth in the 2000s. In this time period, gaming developers were introduced to new business models, such as free-to-play, a staple of Web 2.0. With a free-to-play model, users were given access to their favorite games for free, with in-game assets costing money. Even for those who don't consider themselves gamers, this evolution presented the world with a new reality of continuous revenue for video game companies and lower barriers to entry for players.

13.04 / 19:01

Blockchain NFT Web3 Internet NFT domains marketplace launches to provide bridge to the next generation of internet and Web 3.0

The majority of internet users today recognize domains as being the combination of letters they type into their browser. However, what many don’t know is that domains were designed to accomplish a lot more than displaying a website, with functionality to send emails and make payments, to list a few. So, why aren’t we seeing domains leveraging this additional utility? In short, the answer comes down to their control from centralized servers. As the story goes, with centralization comes greater control, in turn, adding barriers to innovation.

06.04 / 15:53

Twitter Web3 NFTS elon Elon Musk takes a dig at Twitter, Web3 and NFTs, on Twitter

Elon Musk's public disclosure of a $3 billion stake in Twitter, the billionaire had criticized the microblogging site for failing to adhere to free speech principles and said he was contemplating building a new social media platform. The world's richest person in the past months has said he is a free speech absolutist, while being vocal against Web3, a term for a utopian version of the internet that is decentralized and whose commercial backbone is the non-fungible tokens (NFT). Twitter co-founder Jack Dorsey and Musk, though active proponents of cryptocurrencies, share skepticism around the metaverse, NFTs and Web3, what some deem to be the evolution of the internet.

31.03 / 14:27

NFT Web3 Crypto Collectibles Delta Investment tracker Delta expands its Web3 offering with an NFT explorer

Delta, an investment tracker app that allows users to keep tabs on their stock and crypto portfolios, is now entering the nonfungible token realm with its NFT explorer services.

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