Eco, a crypto startup backed by venture capitalist firm Andreessen Horowitz, recently launched a crypto wallet that promises to bridge the gap between the existing web and the Web3 economy. CEO Shelby Hyde has described it as “marrying Web2 with Web3.”
The Japanese Blockchain Association (JBA) has recommended to the Japanese government that it reduce taxes on cryptocurrency up to 50%, in order to spur growth in Web3 participation and technology adoption. The association believes that such a move would incentivize investment and usage, creating lasting economic benefits.
At the recent EthCC conference an executive from Andreessen Horowitz predicted that Web3 social platforms would have promising paths in the future He highlighted the promise of these platforms to provide users with greater security and privacy
Unstoppable Domains, a Web3 domain provider, has announced the expansion of their services to include .eth domains. This means customers are now able to register and control domains, allowing them to directly interact with Ethereum.
With the power of blockchain, creators in Hollywood are seizing control of their work. It’s a movement that’s empowering creatives on both sides of the camera, making it possible to monetize on their art without fear of manipulation from platforms and corporations. A new era is dawning.
In a groundbreaking development, gamers across the world are pushing for a shift in the way that games are created and shared using blockchain technology. Super Mario, Crypto Thief, Sega’s blockchain game, and AI rights fights are all at the centre of this rapidly evolving web3 gaming scene.