Article: Is it the manifestation of Web 3.0?

Decentralized Internet, Digital Content, Web 3.0

Is it the manifestation of Web 3.0?

People need, want, and hunger for new experiences. It is useless to deny that irritation is beginning to set in among social media users, who are witnessing the continuing contraction of freedom of expression online, turning them into refugees from Facebook, Twitter, and the like.

Metaverses are becoming the havens of those disenchanted users. It is indicative that so many companies are dedicated to creating blockchain-based metaverses, since they go where the money is.

Blockchain technologies may play an important role in the transition to Web 3.0 in the near future and act as a starting point for its rise. Perhaps the metaverses that are being developed today will become the social networks of tomorrow.

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Article: Decentralized Metaverses: Is That What Web 3.0 Really Is?

Decentralized Internet, Digital Content, Media, Web 3.0

Decentralized Metaverses: Is That What Web 3.0 Really Is?

People need, crave, desire, and hunger for new experiences. It is pointless to deny that irritation is starting to set in among social network users, who are witnessing the continuous contraction of online freedom of speech, turning them into refugees from Facebook, Twitter, and their ilk.

Metaverses are turning into the embracing havens for such disenchanted users. It is indicative when so many companies are engaging in creating blockchain-based metaverses, for they go where the money is.

Blockchain technologies can indeed play a significant role in the transition to Web 3.0 in the near future and act as the starting point of its ascent. Perhaps, the metaverses under development today will become the social networks of tomorrow.

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Article: Blockchain and NFTs are turning gamers into Investors

Blockchain, Digital Content, Innovation

Blockchain and NFTs are turning gamers into Investors

We saw this play out earlier this year when a massive fire in France destroyed approximately 30 servers connected to the hugely popular MMORPG (massively multiplayer online role-playing game) Rust. As a result of the incident, thousands of players lost their saved data, which wasn’t backed up offsite.

The destruction of Rust’s servers helped make the case for more decentralized, blockchain-based gaming models, where external circumstances won’t cause gamers to lose their hard-earned progress or in-game items. As the digital economy has matured, these items have a real-world value, sometimes in the tens of thousands of dollars range or more.

“People spend a lot of money in games. When they quit a game, that money is gone. Your investment is gone. It doesn’t mean anything,” said Gabe Leydon, the former CEO of Machine Zone. “So if people are willing to spend that kind of money in something where if they stopped logging in, it has no value. What happens when, if they stop logging in, they sell what they bought. It will change the whole nature of video games. It won’t be spending anymore. It will be investing. So it totally changes everything.”

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Article: Decentralization vs. centralization: Where does the future lie? Experts answer

Decentralized Internet, Web 3.0

Decentralization vs. centralization: Where does the future lie? Experts answer

Last year, the world witnessed the great rise of the decentralized finance (DeFi) sector, which has started a significant shift toward decentralization. Monopolized data, controlled by a few companies in Web 2.0, causes the redistribution toward individual users in the rise of the Web 3.0 movement, even to decentralized governance that is now theoretically, technically and practically possible.

Blockchain-backed, driven decentralization can potentially redemocratize society by regaining trust in the election process, or as some argue, by protecting democracy around the globe. While blockchain cannot solve everything, it still has the potential to solve a lot of economic and social problems such as increasing diversity and inclusion, bridging the gender gapempowering the unbanked and combating economic injustice.

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Article: Boson Protocol Concludes $25.8m Public Sale, Lists Token On Exchanges

Blockchain, Crypto, Web 3.0

Boson Protocol Concludes $25.8m Public Sale, Lists Token On Exchanges

Boson Protocol is a web 3.0 primitive that acts as the foundational infrastructure to connect smart contracts with real-world commerce and its data to power the decentralized autonomous commerce revolution. Through Commitment NFTs, Boson Protocol allows for future trade commitments to be tokenized, enabling enterprises, organisations, and customers to bridge the divide between digital decentralized technologies and the transfer and trade of physical goods.

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