Web3 (312)

To many, Decentralized Physical Infrastructure Networks (DePIN) could be a significant catalyst for reshaping how our interconnected world functions. An alternative to traditional centralized systems, DePIN works towards a future where physical infrastructure — from communication networks to energy grids — operates on principles of decentralization. This paradigm shift has the potential to bring about increased robustness, security, and novel possibilities in artificial intelligence (AI), blockchain, and the broader cryptocurrency ecosystem.

Blockchain technology has gained significant popularity in recent years due to its potential to revolutionize virtually every industry in some way. However, in order for blockchains to function efficiently, they require trusted and reliable data sources. This is where blockchain oracles come in.

 Ontology is a fast, secure, and accessible layer-2 public block

Many believe that Polygon 2.0 could significantly change the landscape for decentralized application (DApp) development, opening up DApps to a wider global audience. The latest iteration of the technology is faster, cheaper, and more scalable than ever.

Within the Web3 and blockchain space, non-fungible tokens (NFTs) have gained traction. They offer a unique way for artists, musicians, and creatives to monetize their content. The events industry has also taken notice, using NFTs as tickets for their events.

As the world of cryptocurrencies continues to evolve, understanding the different types of wallets available is crucial for secure and convenient management of digital assets. TL;DR Explore the concept of Web3 wallets

It’s impossible to ignore the influence artificial intelligence (AI) is having on our lives today — and it's just the beginning. AI is also leaving its mark, inevitably, on crypto. To understand what's going on, here's our recap of five areas where AI is impacting crypto in a big way. 👇

DeFi (decentralized finance) keeps putting forward attractive alternatives to conventional financial offerings — those we can neatly place under the TradFi (traditional finance) umbrella. DeFi’s shiny

Embarking on your crypto journey is a bit like setting sail in a vast ocean of digital possibilities, where each ripple in the blockchain holds the promise of a new frontier. Central to this expedition is the selection of the right crypto wallet to securely store hundreds of crypto assets, like , , and . Beyond storing assets, a digital wallet also allows you to . The decision on which wallet will shape the security of your digital assets and crypto trading experience in the ever-evolving world of cryptocurrencies.

Groundbreaking regulation for crypto April 2023 brought a turning point for the global crypto industry, with the EU's Markets in Cryptoassets (MiCA) Regulation. The new directives will govern cryptocurrency companies and the services they provide to users across all European Union states. MiCA became the first and only legislation of its kind in the world, and other nations are close to introducing crypto regulation of their own.

A powerful force is emerging in the gaming world — one that's poised to revolutionize how we play and experience games. Meet Fusionist, an innovative company that has secured substantial funding and is rapidly becoming a prominent player in the Web3 gaming domain.

What are inscriptions? Inscriptions are a powerful new method of storing images, videos, audio, text, and code directly on a blockchain. Similar to NFTs, you can view inscriptions as digital artifacts. For example, if we were to examine ordinals, the metadata is encoded on a satoshi, the smallest unit of . Ordinals are a means of tracking individual satoshis, which you can attach data to the blockchain by inscribing them directly on chain.

ERC-7579 has arrived with a promise to fine-tune existing standards, primarily ERC-6900, for a simpler and more supportive user and developer experience. At the same time, ERC-7579 aims to compliment capabilities, bringing fresh opportunities to the space.

Virtual reality (VR) has come a long way since the early days of Web1. VR experiences were as basic as a stick figure drawing back then. But as technology advanced and the web became more interactive,

Over the years, e-commerce has evolved from the static pages of Web1 to the dynamic platforms of Web3. In the early days of Web1, online shopping was a novelty, with simple sites that displayed produc

The conversation around crypto regulation is louder than ever in 2023, but the global picture is still evolving. Important steps forward have been made, including Europe’s [Markets in Cryptoassets (Mi

SocialFi stands at the crossroads of Web3 and social media, empowering regular users to take control of their digital footprint. At its core, SocialFi combines the principles of social media with decentralized finance (DeFi) , offering a platform where influencers, content creators, and participants govern their data while enhancing their ability to monetize user engagement. SocialFi aims to break free from the constraints of centralization, allowing users to own and navigate their content within the expansive SocialFi universe.

Authored by Kiwi Yao, researcher @OKX Ventures When combined, smart accounts and intent create a powerful tool that allows you to manage your digital assets more efficiently. The ERC-4337 standard enables third parties to process order flows for you. This makes it simpler to carry out tasks while also improving scalability. The alliance between smart accounts and intent paves the way for more advanced interactions in the future.

Authored by Kiwi Yao, researcher @OKX Ventures Multi-chain account abstraction (AA) solutions are a new and innovative way to interact with multiple blockchains. They allow users to create and manage accounts on multiple blockchains without having to worry about the underlying technical details, like having enough of the native tokens for gas payments. This makes it much easier for users to get started with blockchain technology and to use multiple blockchains simultaneously. There are two main types of multi-chain AA solutions: native support and ERC-4337 compatibility.

Authored by Kiwi Yao, researcher @OKX Ventures Since September 2021, when Vitalik Buterin proposed EIP-4337, the concept of account abstraction has been gradually introduced into mainstream Web3 wallets. OKX Ventures takes the origin of this concept as a starting point and systematically reviews the past, current status, and future opportunities of account abstraction.

With a total market cap of more than $19 billion , GameFi and blockchain gaming seems to be making a comeback in the crypto scene as it once again seeks to disrupt the $175 billion global video games market. Titles like Axie Infinity and its more than $1 billion in total in-game asset sales have piqued the traditional gaming industry’s interest. So much so, we’re now seeing giants like and the GameFi sector.

Without a doubt, one of the biggest trends in the cryptocurrency industry throughout 2021 has been nonfungible tokens. Prices of blockchain-based collectibles, artwork, GameFi assets and other virtual items have gone through the roof — leaving many on the sidelines scratching their heads. In this OKX Insights in-depth examination, we look closely at the NFT phenomenon and the value propositions of the most successful collections. 

Non-Fungible Tokens, or NFTs, took the crypto world by storm back in 2021. Since then, we’ve seen countless NFT collections launched all over the world. Around that time, one of the biggest and most popular collections to date emerged. The collection was called Bored Ape Yacht Club, and today, it's among the most valuable collections in the NFT world. This guide will explain what Bored Ape Yacht Club is and why it is so popular. It will also explain the Bored Ape ecosystem and how it works.

Has 2023 become the year of token standards in the crypto space? One of the most notable developments is the emergence of the SRC-20 standard on the Bitcoin blockchain. Some say it's inspired by Ethereum's famous . Many believe that SRC-20 brings a new dimension to digital art and tokens on , offering a blend of innovation and tradition. That's just like another familiar token standard, BRC-20.