The promise of blockchain to change the world hasn’t materialized. For the most part, the technology has instead enabled people to speculate on a new asset class. A big hurdle to realizing blockchain’s full potential, web3 proponents argue, is that decentralized services are incredibly hard to build. Tomasz Tunguz, best known for his popular startup […]
Aptos CEO Mo Shaikh shares his journey to web3 and market opportunities in Asia and Middle East
As a young immigrant in Brooklyn, Mo Shaikh often pondered over his father’s taxi earnings. His father would say he made $ 100, but Shaikh couldn’t understand why only $ 60 made it home. (The rest, he learned, went to intermediaries.) This early experience sparked his curiosity about financial systems, but also their shortcomings and […]
The AI world needs more data transparency and web3 startup Space and Time says it can help
As AI proliferates and things on the internet are easier to manipulate, there’s a need more than ever to make sure data and brands are verifiable, said Scott Dykstra, CTO and co-founder of Space and Time, on TechCrunch’s Chain Reaction podcast. “Not to get too cryptographically religious here, but we saw that during the FTX […]
A new web3 network is being built right now that wants to end Big Tech’s control of your data
Many of the people building Web3 feel like the traditional web ecosystem has taken advantage of users and their data. While it benefits a number of businesses, data miners and even AI models, some see it as an overreach. Some of the problems with the web that exists today, which some web3-focused people call web2.0, […]
NFT fantasy sports startup Sorare lays off 13% of staff, as web3 gaming continues to sputter
Sorare is not completely shuttering its New York office but is shifting more employees to Paris Rebecca Szkutak 9 hours Web3-enabled fantasy sports platform Sorare laid off 22 employees based in its New York office in February. The move comes as the startup wants certain teams to be concentrated at the company’s Paris headquarters to […]