September 2024 - Web3MediaWire

ThursdaySep 26, 2024 10:00 am

Chainlink Cofounder Foresees Asset Tokenization Transforming Web3

There are big changes expected in the Web3 space, and it's not all about crypto anymore. According to Chainlink cofounder Sergey Nazarov, tokenized real-world assets (RWAs) will transform cryptocurrencies in the coming years. At the Token2049 event in Singapore, Nazarov predicted that the surge of value from traditional finance (TradFi) would soon be the driving force behind decentralized finance (DeFi), revolutionizing the entire blockchain industry. So, what does that mean for the future of Web3? Nazarov's words were straightforward: Traditional financial institutions such as banks and large financial corporations will become the biggest players in DeFi. Why? Because they are…

TuesdaySep 24, 2024 10:00 am

Web3 Game Publisher Views In-Game Adverts as a Unique Opportunity

As the world of Web3 gaming keeps evolving, it is becoming clear that Pixels, the blockchain-based farm simulator, is at the forefront in more ways than one. With more than a million daily active users, Pixels has officially become the largest Web3 game out there since its launch in 2021. But this is not all — the game has made a bold move: clickable in-game ads, which are already generating impressive results. On July 24, 2024, Pixels launched its first intrinsic in-game advertising feature, strategically placing ads on virtual billboards and banners. Picture this: Take a stroll through your virtual…

ThursdaySep 19, 2024 10:00 am

Decentralized Cloud Could Help Web3 Break Monopoly of Big Tech

Big tech companies have dominated the cloud-services market for decades now. Tech giants such as Amazon Web Services (AWS), Google Cloud and Microsoft Azure hold massive control, and it is a steep hill for other smaller players to compete fairly. But, as Web3 technologies begin to take hold, the decentralized cloud is emerging as a promising solution to this near-monopoly — one that could change the trajectory of the digital world. For years now, businesses, startups and other entities have depended on centralized cloud services to store data, run applications and deliver content. However, this overreliance is often expensive, both…

TuesdaySep 17, 2024 10:00 am

Web3 Professionals Confident about Cryptocurrencies’ Future Despite Uncertain Regulations

For those feeling uncertain about the future of cryptocurrencies, here is some good news. A fresh Consensys report has revealed that Web3 professionals are seriously optimistic about what's coming next. Despite the regulatory uncertainties looming — especially with the 2024 U.S. presidential election on the horizon — 86% of professionals are confident about cryptocurrencies’ future. So why are they feeling so positive? The Consensys survey shows that even with the regulatory concerns that worried many, the confidence of Web3 professionals is rock solid. According to Sarah Howe, Consensys' executive director of talent acquisition, Web3 enthusiasts are driven by blockchain's core value.…

ThursdaySep 12, 2024 10:00 am

Animoca Brands’ Founder Says Trust Will Separate Web3 Winners from Losers

As Web3 continues to evolve, it's becoming clearer that trust will determine who wins and who falls behind. In an interview with Cryptopolitan, Animoca Brands' cofounder, Yat Siu, shared that trust is becoming the key to success for decentralized projects. He emphasized that those who prioritize trust will emerge as industry leaders. As blockchain technology's popularity continues to grow and decentralized applications (DApps) build trust, it is no longer just an advantage — it's a necessity. So, how does trust shape winners and losers? The Hong-Kong-based entrepreneur shared that Web3 enthusiasts must embrace trust-building efforts such as offering transparency, open-source…

TuesdaySep 10, 2024 10:00 am

Analysis of Current Web3 Gaming Distribution Landscape

The gaming landscape is rapidly evolving, shaking up the digital landscape. This evolution is thanks to Web3 technology. Unlike traditional games, which rely on centralized platforms such as Steam, PlayStation and mobile app stores, Web3 games integrate blockchain technology, decentralized networks and tokenized economies. They determine how games are developed, distributed and played. But how does this shift affect the current Web3 gaming distribution? Before Web3, the gaming space was dominated by major platforms, such as Xbox, that served as centralized hubs where gamers could easily discover and download their favorite titles. Even though they are convenient for players, the…

SaturdaySep 07, 2024 6:21 pm

Blockchain Life 2024 in Dubai: Top Companies and Key Industry Figures Gather in the World Crypto Capital

On October 22-23, Dubai will host the 13th international forum Blockchain Life 2024 – one of the largest global events in the field of web3, cryptocurrencies, and mining. The forum will feature over 10,000 leading experts, crypto entrepreneurs, and enthusiasts from 120 countries. Participants and speakers will discuss earning strategies, current issues of crypto market development and new trends ahead of the bull cycle. Among the speakers at the forum: Paolo Ardoino - CEO Tether Justin Sun - Founder of TRON Yat Siu - Co-Founder of Animoca Brands Pascal Gauthier - CEO Ledger Dr. Marwan Alzarouni - CEO Dubai Blockchain…

ThursdaySep 05, 2024 10:00 am

CoinGecko to Host Maiden Hybrid Conference in Thailand

CoinGecko has announced that it will hold its first hybrid conference at the iconic ICONSIAM on Nov. 11, 2024, in Bangkok, Thailand. The conference, dubbed GeckoCon: Web3 Games Unleashed, will offer the best of both virtual and physical experiences, catering to a global audience of industry leaders, developers and gaming enthusiasts. This year's GeckoCon is special because of its hybrid format. Historically, the event was held exclusively online to allow everyone around the world to be part of it without the need for traveling. This time, GeckoCon is combining the convenience of virtual attendance with the vibrancy of a physical…

TuesdaySep 03, 2024 10:00 am

Complicated Seed Phrases Hinder Web3 Adoption, Expert Says

With cryptocurrency evolving each day, Web3 technology is proving to be the needed grace to transform the digital space. However, there is a big hindrance to this, which is complicated seed phrases that are deterring mainstream adoption. Seed phrases, also known as recovery phrases, are a sequence of 12–24 random words that serve as a master key to a cryptocurrency wallet. Even though they offer a secure way of backing up your crypto wallet, they are making it difficult for many crypto enthusiasts to embrace Web3 technologies. At the recent Web3 Summit 2024 in Berlin, Germany, Bumblefudge, the janitor-in-chief at…

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Month: September 2024