Alexis Ohanian, Solana Ventures launch $100M Web3 growth fund
Venture capital funds are eyeing Web3-powered social networks as the next major growth vector in crypto and blockchain. Go to Source Powered by WPeMatico
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Reddit to reportedly tokenize karma points and onboard 500M new users
Reddit engineer, Rahul, highlights the social media platform’s efforts to improve user interaction through various cryptocurrency initiatives. Go to Source Powered by WPeMatico
Twitter flags Squid Game token accounts as price crashes
The Squid Game token was surging despite multiple scam warnings and topped above $2,800 before plummeting to less than $0.01. Go to Source Powered by WPeMatico
Coinbase regains #1 position on Apple App Store as Crypto.com jumps to third
Crypto.com’s jump to third could be the result of Matt Damon’s recent TV spot promoting the exchange. Go to Source Powered by WPeMatico
Mask Network, 1inch and Shiba Inu ignore Bitcoin’s downtrend, posting 20% gains
1INCH, SHIB and MASK go against the grain by posting double-digit gains while BTC price fell to $58,000. Go to Source Powered by WPeMatico
Reddit may be preparing to launch its own NFT platform
Other social media platforms including Twitter and Facebook have been working to support NFTs, if not create a competitor to major marketplaces. Go to Source Powered by WPeMatico
Building ‘OnlyFans on blockchain’ is a huge, untapped opportunity — Dfinity founder
Attempts by traditional financial institutions to censor adult content on OnlyFans have highlighted the need for decentralized platforms, according to Dfinity founder Dominic Williams. Go to Source Powered by WPeMatico
Indian TikTok challenger raises $19M to launch social token on Solana
“What Axie infinity did for gaming, we want to do for social media,” Chingari co-founder and CEO Sumit Ghosh says. Go to Source Powered by WPeMatico
Likes out: Facebook blackout sparks ideas for Web 3.0.
Crypto advocates remind socially accountable and helpful media platforms are possible with decentralization. Go to Source Powered by WPeMatico
Bitcoin moves past $48K as Facebook, Instagram, and WhatsApp go down
During the outage, many Crypto Twitter users called for the need for a decentralized social network built on blockchain. Go to Source Powered by WPeMatico