Newest Web3 News:23/02/27
Web3 gaming has had a strong start to 2023 with an increase in on-chain activity. This suggests that there has been a significant increase in the use of blockchain technology within the gaming industry. This can potentially lead to a new era of decentralized gaming where players have more control over their in-game assets and can potentially trade them with others.
Distributed End-of-Authority (EOA) accounts are expected to come to Ethereum Virtual Machine (EVM) chains. EOA accounts are a type of decentralized account that allows for multiple users to have control over a single account, making it easier for teams to manage their digital assets together. With EOA accounts coming to EVM chains, this could lead to a more secure and efficient way of managing digital assets on the blockchain.
There is an opinion that now could be the time for Asia's traditional finance (TradFi) to get involved with Web3. Web3 is a decentralized network that offers a new way of building and using applications on the internet. With a lot of innovation and adoption happening within the Asia-Pacific region, it may be the right time for traditional finance companies to embrace this new technology and reap its benefits.
The long-awaited AAA blockchain games have finally arrived in the market, with the beta of Illuvium leading the way. This is a significant development for the blockchain gaming industry and could potentially lead to more mainstream adoption of blockchain technology within gaming.
OpenSea has made a controversial move by lowering fees to 0% for a limited time. This move comes in response to the similar no-fee model adopted by its main competitor Blur. This move could potentially lead to a race to the bottom in the NFT marketplace, as companies compete to offer the lowest fees to attract users.
The decentralized storage protocol Filecoin has jumped to the top 100 with a 27% increase in price. This surge in price is due to the momentum from its recent Filecoin Virtual Machine update. This suggests that there is increasing demand for decentralized storage solutions and that the market is recognizing the value of the Filecoin protocol.
The Annual GameFi Report provides an overview of what happened in the blockchain gaming industry in 2022 and where the industry is heading. The report highlights the challenges faced by the industry in 2022 and what new developments to expect in 2023.
Zilliqa's ROLL1NG THUND3RZ Web3 console and ecosystem are set to launch soon. This is a significant development for the Web3 gaming industry and could potentially lead to more mainstream adoption of Web3 technology within gaming.
ETH Core Developers are planning to update the Shanghai testnet as the Ethereum Improvement Proposal (EIP) 4844 approaches. This update is aimed at improving the efficiency of transactions on the Ethereum network and could lead to a faster and more scalable network.
There is a report on the future of Web4 and how it builds upon the decentralized technologies of Web3. Web4 is seen as the next evolution of the World Wide Web and has the potential to offer a more secure and decentralized internet experience for users.
W3E has announced a new series of Web3 Esports tournaments. This is a significant development for the Web3 gaming industry and could potentially lead to more mainstream adoption of Web3 technology within the esports industry.
According to Santiment, the on-chain metrics of ApeCoin suggest a local top may be in sight following a 78% climb over 6 weeks. This suggests that the value of ApeCoin has increased significantly over the past 6 weeks and that it may be reaching its peak value. On-chain analysis of ApeCoin's active addresses, network growth, and whale behavior has been used to make this prediction.
Validators have shut down as the Secret Network struggles with leadership. The Secret Foundation founder, Tor Bair, has been accused of taking "six-figure" dividends. This suggests that there may be issues with the leadership and management of the Secret Network, which could potentially lead to a decline in its value and adoption.
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