Web3 🌒 Roundup: Insights from Latest Web3 and Crypto Developments

Welcome to our latest crypto news roundup!
Step into the rapidly evolving world of Web3 and cryptocurrency as we unpack the latest developments. From AI-powered smart contracts to blockchain's expanding horizons, shifting NFT landscapes, and innovative community-driven platforms, these narratives illuminate the path toward a tech-driven future. Join us as we navigate through these exciting chapters in the ever-unfolding story of technology.

1/ EdgeIn: The Communal Hub for Web3 Innovators.

In the spirit of community-driven innovation, EdgeIn emerges as a faster Crunchbase for the Web3 era. This platform aims to streamline information dissemination within the Web3 ecosystem, potentially accelerating collaborative development efforts. By fostering a dynamic exchange of ideas and insights, EdgeIn could become the heartbeat of Web3 innovation.

EdgeIn hopes to be a faster, community-driven, ‘CrunchBase for web3’ | TechCrunch

EdgeIn is a new database platform aiming to “level the playing field for builders in web3” to “erode Big Venture/Hedge’s advantage/stranglehold” over the market.

Mike ButcherTechCrunch

2/ Insights into the Fifth Consecutive Monthly Decline in NFT Sales.

The NFT market's trajectory continues to intrigue, with monthly sales witnessing a fifth consecutive decline. This shift prompts discussions about market maturity and the evolving dynamics of digital art and collectibles. Exploring these trends can shed light on the future trajectory of NFTs.

Monthly NFT sales fell for fifth consecutive month to $495M in July | TechCrunch

Monthly NFT sales fell for a fifth consecutive month to $495 million in July, the lowest level since April 2021.

Jacquelyn MelinekTechCrunch

3/ Coinbase’s blockchain Base to launch next week.

As anticipation builds up, Coinbase's Blockchain Base prepares for its public launch. This platform could be a game-changer, providing developers and enthusiasts a playground to explore the limitless possibilities of blockchain technology. The launch could be a defining moment in accelerating the adoption of decentralized solutions.

Coinbase’s blockchain Base to launch to the public next week | TechCrunch

Coinbase’s blockchain Base is launching its mainnet to the public August 9 alongside its Onchain Summer initiative.

Jacquelyn MelinekTechCrunch

4/ SettleMint's AI Assistant.

In a bid to enhance the efficiency of smart contract creation, SettleMint introduces its innovative AI assistant. This integration of artificial intelligence into blockchain development holds the promise of more precise, secure, and robust smart contracts that could reshape how transactions are executed in the Web3 era.

SettleMint’s AI assistant aims to help web3 developers write better smart contracts | TechCrunch

SettleMint’s AI assistant promises to help developers create smart contracts, integrate data, and enhance quality assurance testing.

Rita LiaoTechCrunch

In conclusion, the rapid pace of innovation in the Web3 and cryptocurrency realms is a testament to the limitless possibilities that technology brings. From smarter smart contracts to decentralized platforms, shifting NFT trends, and community-driven hubs, these developments embody the essence of progress. As we venture forward, these advancements will undoubtedly shape the way we interact, create, and transact in the digital realm.

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