Web3 Service refers to decentralized applications and services that operate on blockchain technology, promoting user control and privacy. Unlike traditional services that rely on centralized servers, Web3 Services use smart contracts and decentralized networks to facilitate transactions and interactions.These services often include decentralized finance (DeFi) platforms, non-fungible token (NFT) marketplaces, and decentralized social networks. Users can interact directly with these applications without intermediaries, which enhances transparency and security.In a Web3 environment, users maintain ownership of their data and digital assets. This shift aims to empower individuals, allowing them to engage in financial activities or express creativity with fewer restrictions. As Web3 Services continue to grow, they are reshaping how people connect, transact, and share value online, fostering a more open and collaborative digital landscape.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to