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Sacco di Roma 455. Painted in the 19th century. Handout Like Alaric when he’d sacked Rome, Elon Musk, the outsider who’d long wanted in, has now taken over the eternal city of Twitter. Mr. Musk’s first order of business – or the most prominent one, at least – has been to change one of the most curious aspects of the Internet: the little blue check marks next to users names’ that show them as “verified.” (It’s actually a white check mark on a blue badge, but who cares any more these days?) The debate around this issue has been intense and even obsessive at times. But it has danced around the elephant in the room – our own vanity that has caused us to attach value to that checkmark. Intentionally or not, Mr. Musk, whose day job is chief executive of Tesla Inc. TSLA-Q, has launched a grand social experiment. What that reveals is unexpected but straightforward: If purely digital milestones can have such real and tangible power over us, then perhaps the metaverse and Web3 are worth our in...

Opinions expressed by Entrepreneur contributors are their own. Written by Alan Vey, Chairman & Founder, Aventus BlackSalmon | Getty Images The general purpose technology behind blockchain means that its applications are relevant for countless industries, from financial services to creative sectors. Companies of all sizes are drawn to the security found in the decentralised technology to make transactions and transfers safe, seamless, and cost-effective. Still, it's no secret that blockchain – especially cryptocurrency – has traditionally used a huge amount of energy. Bitcoin, the world's largest cryptocurrency,  consumes an estimated 97.1 terawatt-hours  of electricity every year – more than the entire country of the Philippines, which has a population of  112 million people . This could satisfy the total electricity needs of the University of Cambridge for 709 years, or power...

Opinions expressed by Entrepreneur contributors are their own. If you're reading this, then chances are you'll agree: Starting a Web3 business feels daunting and confusing. At least, that's how I felt when I first started funding my business with Web3 solutions for early-stage crowdfunding. The learning curve felt almost out of reach. My perspective changed, however, after sitting with my friend Metta World Peace — yes, the former Lakers legend who brought home an NBA Championship in 2010. He coached me on how his targeted $1 billion venture capital fund Tru evaluates his portfolio investments. "There are two types of founders," Metta told me, the ones who "have the experience and education and then there are the founders that are the visionaries who know exactly where they want to be." The founders he's looking to invest in, he says, take calculated risks. "You want to take it step by step, make sure you're building ...

Nate Holiday is the co-founder and CEO of Space and Time . He sat down with Jessica Abo to talk about his company and the intersection of data and blockchains. Jessica Abo: Nate, tell us a little bit about Space and Time. Space and Time is a decentralized data warehouse. If you think about data warehouses, it's where businesses are processing data in order to better interact with their consumers on a regular basis. Companies all over the world run their data analytics in data warehouses. That ability to power applications and power businesses is something that's been around for a long time. We're now decentralizing that process, and that data, to interact and run with blockchain data in decentralized applications. And why is that important? There are a lot of different types of blockchains all over the world, and more and more people are starting to interact with various blockchains. And so it's really important for businesses that are building on ...

There's a lot of hype surrounding the idea of a decentralised version of the internet that would give more power to ordinary users. Here's what it would take to make it happen Technology 17 January 2023 By Chris ...

Opinions expressed by Entrepreneur contributors are their own. We came off a euphoric bull run in 2021 to an epic bear market in 2022. A lot has changed in this period, with protocol collapses, regulatory bans, code sanctions, CeFi obliteration, heightened FUD and bad actors causing an industry-wide contagion through acts of fraud. There have been many positive developments in this period that lay the platform for blockchain adoption, like venture capitalist posture maturity and new technologies like Optimism and Arbitrum that address scaling issues with blockchain, the emergence of new categories like decentralized platforms and regulatory clarity in many countries. A few notable and likely trends for 2023 are shaping up. Related: Web3, Crypto, Cybersecurity, Rural Fintech: Trends To Look Out For Stand-alone value matters Liquid tokens on a project's balance sheet cannot drive valuations anymore; companies and projects must show tangible value to create fre...

Opinions expressed by Entrepreneur contributors are their own. While navigating a tragedy, few people welcome a comment like, "It was all for the best." Too often we hear this pep talk from compassionate friends or family, as we quietly think to ourselves, They just don't understand what I'm going through . But do they? A recent investment scandal might offer some insights into why that cliché can be spot-on after all. https://www.tausiinsider.com/why-the-ftx-scandal-will-be-good-for-crypto-and-nfts/?feed_id=323100&_unique_id=63de842f7a9e0