Web3 collapse accelerates as eight games fail this year
Eight web3 games have either shuttered, paused operations, or pivoted back to web2 this year as major funding dries up.
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11 stories, newest first
UXLINK goes from bad, to worse, to weird after hacker loses stolen tokens
Yesterday, a hack hit “AI-powered web3 social platform and infrastructure” UXLINK, draining $11M in crypto from its multi-signature wallets.
— web3
Web3 games that rose and failed in 2023
Thousands of web3 and crypto games have launched over the past three years that now have zero average daily users.
Meet the grifter cast of Killer Whales, ‘Web3’s answer to Shark Tank’
Killer Whales is billed as 'Shark Tank for Web3,' but the judges it's chosen have enjoyed far from spotless crypto careers.
Web3 is the future of the internet — and a16z’s exit liquidity
Amid falling returns and billions lost to scams, it's becoming increasingly difficult to take a16z's claims about web3 seriously.
Book Review: The Network State by Balaji Srinivasan
In his new book, former Coinbase CTO Balaji Srinivasan explores a new society rooted in the values of decentralized finance, crypto, and web3.
— Andreessen, Meta
Meta board could oust Marc Andreessen over web3 investments, sources
Tech mogul Marc Andreessen is Meta's longest-serving board member. But his penchant for web3 competitors is becoming a problem.
Randi Zuckerberg is slowly morphing into web3’s very own Rebecca Black
One day after Twisted Sister's frontman endorsed 'We're Not Gonna Take It' as a Ukrainian battle cry, Randi Zuckerberg posted a web3 version.
Web3 crypto startups poach top execs from Facebook, YouTube, Amazon
Ambitious tech folk are hoovering up massive salaries and mouth-watering share packages paid by 'web3' firms. Gamble or solid career move?
Cancel culture or DAOism? Web3 hits fever pitch over religious tweets
Ethereum Name Service's recent drama over a community leader's religious tweets hints web3 could be heavily moderated, just like web2.