web3

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The Biggest Myths About Web3 Uncovered

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Web3 is the latest buzzword that the internet seems to be hyped about/ everywhere you look, someone is looking to build something that will automatically transport us into the Web3 world where many seem to believe the entire internet’s problem will be solved. Like every trend that has caught on in the internet, there are … Read more

Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges $100 Million to Early Users

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On April 22, the layer two (L2) scaling network Polygon introduced the new Supernets network, a blockchain protocol that’s built to bolster Web3 technology. Furthermore, Polygon is pledging $100 million to early Supernet users “who can help fast-track adoption.” The announcement details that Supernets is essentially the team’s Polygon Edge network “on steroids.” Polygon Supernets … Read more

Kadena Launches $100 Million Grant Fund to Develop Web3 Experiences

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Kadena, a proof-of-work-based cryptocurrency that also has the possibility of supporting smart contracts, has announced a new set of grants directed to incentivize the creation of Web3 experiences. This $100 million grant fund is part of the Kadena Eco initiative, whose objective is to offer builders a complete suite to deploy their solutions on top … Read more

Report: Saudi Arabia Exploring Possibility of Implementing Blockchain in Government

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The Kingdom of Saudi Arabia is looking into the possibility of implementing blockchain technology across its government as well as allowing the use of cryptocurrencies. However, an official said the kingdom can only successfully build blockchain-based solutions if it hires people that are proficient in this technology. Government Needs to Hire Talented Individuals Saudi Arabia … Read more