The decentralized internet, or Web3, is about breaking down boundaries and fostering seamless interaction. This includes the boundaries of rights and ownership. In the current internet, or Web2, rights and ownership are often centralized and controlled by a few entities. This can lead to a number of problems, such as censorship, discrimination, and abuse.

The year 2023 struck a perfect balance between diligent efforts in product development and dynamic participation in engaging events. It was a period marked by meticulous dedication and considerable advancement. Let’s take a look back at all the significant progress we’ve made.

Match Chain, a prominent layer-1 social graph within the Cosmos ecosystem, has unveiled its participation and sponsorship of a side event during the upcoming Istanbul Binance Blockchain Week, scheduled for November 8–9, 2023.

Web3 is not just the third iteration of the internet, it is a movement geared at changing the dynamics of how digital engagement is done. This cuts across different forms of digital ownership, data management, asset transfer, and social experiences. And the best part? Builders in the Blockchain ecosystem are working tirelessly to introduce innovations further propelling this movement in the right direction.

When we look at the evolution of the internet, from the static web to the emergence of social networks, we see a clear trend: the increasing number of people using social media is linked to user-generated content driving digital connection.

Token2049 is a premier highly-rated blockchain event that gathers thousands of Web3 projects, top pioneers, and executives from all over the world in Singapore annually. The 2023 event was held on September 13–14 at Marina Bay Sands and was the biggest of its kind this year, with over 10,000 attendees and over 200 speakers from over 3,500 companies.

It’s almost a cliché to read about Web3 and the intro starts by pointing out the flaws of Web2. By Web2, we mean the current social media platforms like X, Instagram, and Facebook. This almost seems like a routine filled with points you’ve heard so many times that you almost can’t tell anymore if it’s just to justify the point of Web3 or if there is truly a problem that has to be addressed, hence Web3.

Decentralization has transcended its origins in the digital ecosystem to become a global topic of paramount importance. Beyond the space of digital innovation, discussions about the feasibility of genuine decentralization and the potential for mainstream adoption oscillate between hopeful anticipation and plausible reality. The recognition that decentralization holds the key to dismantling the stronghold of centralized establishments while empowering individuals is now firmly ingrained. At the forefront of this paradigm shift stands Match Chain — a decentralized layer1 social graph engineered to pave the way for mainstream adoption of decentralization social applications.

Match Chain, a layer1 EVM-compatible social graph with the same level of interoperability as Cosmos today announced a partnership with Elfin Kingdom, a play-to-earn game that allows users to collect, battle, and farm NFTs.