Tag: web3 applications

Revitalizing NFTs: Yuga Labs and Magic Eden’s Ethereum Venture Sparks Hope

Yuga Labs has partnered with a cross-chain NFT platform, Magic Eden, to launch a new Ethereum NFT marketplace. Yuga Labs has recently taken...

Veyond Metaverse’s XR Healthcare: A Game-Changer in Surgery

Veyond Metaverse, the leading XR healthcare technology platform, has successfully facilitated real-time digital surgery over 8800 kilometres apart. The Metaverse in Healthcare...

MultiversX’s Mission: Rekindling the Fading Flame of the Metaverse

MultiversX has sought the aid of Google Cloud to boost web3 presence and ultimately save the Metaverse. The Romanian blockchain project introduced three...

Overcoming the Metaverse Crash: Yuga Labs’ Strategic Restructuring

Microsoft and Disney shuttered their VR world platforms, AltSpaceVR and Roblox-based Metaverse.  Yuga Labs, the team behind the Bored Ape Yacht...

Regenerative Finance: the next evolution of Decentralized Finance

Refi focuses on utilizing blockchain technology to verify an organization's green credentials and coordinate investments to ensure funding goes where it needs. John...

AI NFTs: The downfall of NFT artists

AI NFT, titled Théâtre D'opéra Spatial, won first place at the 2022 Colorado State Fair Fine Art Show. AI applications have recently flooded...

NFT applications merge with the food industry

Food NFTs provide a form of traceability by accounting for the food supply chain. By using digital artwork to develop recipes, chefs can...

Redrawing the boundary between the Metaverse and Web3

Neal Stephenson's sci-fi novel Snow Crash first mentions the concept of a virtual reality world. In 2020 various in-game metaverse items were valued...

NFT National Identification System: The next step for Africa’s NFT Marketplace

The implementation of NFT to develop digital national IDs is the next step for Africa's Web3 Journey In 2020, Kenya experienced one of...

SmartAfri Launch: Incorporating African culture into the blockchain

According to Uniccon's chairman, SmartAfri Labs will increase blockchain adoption in Africa by 25% by 2025. Africa has less than a 5%...

Revolutionizing social media: Blockchain technology redefines the media Industry

In 2021, the number of active social media users went over 4.26 billion  Sapien, a decentralized social network, has more than 24000 news...

Crypto adoption growth demands for improved infrastructure in Africa

In 2020, BlockStale launched the first ATM in Nigeria, allowing easy usage of naira for bitcoin transactions. Most organizations are implementing Zero-knowledge...

Blockchain betters revenue for artists in the Music Industry

Only 1% of artists earn 77% of the total income received by artists.  Blockchain music has led to the rampant increase of...

The decentralized vision: Ethereum advocates for Zero Knowledge technology

The decentralized vision incorporates blockchain technology to build power and eventually assign each segment of the Internet directly to the user. Zero-knowledge technology...

LBank Exchange sets its eyes on Africa’s crypto goldmine

LBank announced the establishment of their new crypto investment fund that targets web3 development in Africa LBank has pushed several educational efforts in...

Understanding the importance of Web 2.0 to Web 3.0 transition

Web 2 has been utilizing users' data to keep them in particular ecosystems, seriously depriving security and confidentiality Web 3.0 seeks to combine...