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Web3 News | Blockchain.News

WEB3

Web3 (WEB3 or Web 3.0) refers to the next generation of the internet, characterized by decentralized and peer-to-peer networks that aim to give users more control over their data and digital interactions. It is a vision of the internet that incorporates blockchain technology and smart contracts, enabling trustless and transparent transactions, decentralized applications (dApps), and the secure storage and sharing of data. Web3 seeks to empower individuals, promote privacy, and foster a more open and collaborative digital ecosystem.

Crypto.com Becomes 1st Crypto, NFT Partner with Women's Professional Sports Team Angels FC
web3

Crypto.com Becomes 1st Crypto, NFT Partner with Women's Professional Sports Team Angels FC

Crypto.com announced on Tuesday that it has partnered with Los Angeles' Angel City Football Club (ACFC) for exclusive rights to issue official cryptocurrencies and NFTs.

Reddit Intends to Tokenize Karma Points and Onboard Half a Million Users to Web3
web3

Reddit Intends to Tokenize Karma Points and Onboard Half a Million Users to Web3

Reddit reportedly plans to decentralize social media, with its latest plans being to tokenize Karma Points using the Ethereum blockchain.

Fundraising by Crypto Companies Accounts for $8.2B in Q3
web3

Fundraising by Crypto Companies Accounts for $8.2B in Q3

A study says that as cryptocurrencies continue gaining steam, crypto companies raised capital worth $8.2 billion in the third quarter of 2021.