Web3 is all the rage these days. It's being talked about by the news, local politicians, and business leaders. Everyone seems to be talking about it. You may have come across terms like "DAOs," "NFTs," and more while learning about web3. In this article, I will introduce the concepts of Web3 projects and how to choose one to invest in. I will also discuss how to ensure that the project is … [Read more...]
Arweave explained: the ???? in the room of Web3.0
In 2021, the global crypto market capitalization reached $3 trillion. There is plenty of room for more growth. Web 3.0 is one of the new buzzwords in the crypto realm. Web 1.0 and Web 2.0 bolstered the growth in the internet world. Web 3.0 comes in bolder, focusing on decentralization by giving users the freedom to control their data. What is Web 3.0? Although the terms Web 3.0 and … [Read more...]
The NFTs Marketplace and its Dependence on Centralized Web2 Serv…
Creators have long been hindered by the existence of intermediaries that own the copyright to their work. However, the advent of Non-Fungible Tokens (NFTs) has transformed the creative economy and allowed for a direct relationship between artists and their audiences. With this new paradigm, artists are able to mint their work, turning it into a digital collector's item that can … [Read more...]
4 Unique Marketing Tactics to Engage Your Web3 Community
An overview of web3 Web3 is a group of programs that allow for the creation of apps that are not under the control of a single entity. These apps offer users a higher degree of control over things like their identity and value. Additionally, web3 provides a decentralized infrastructure. This infrastructure allows for more secure and efficient handling of data. The internet today is … [Read more...]
Reputation in Web3
Why identity & reputation matter Identity and reputation unlock value in the protocol layer by providing trust and data. Trust allows for frictionless interactions and data allows for creating new products and services. Transform one-off games into iterated ones Since users of blockchain technology are anonymous and it costs very little to create a new address, the protocols for … [Read more...]
NFTs Need an Audience: Utility, Consumption and Building New Worlds
The Physical and Digital World Are Merging The way we discover and purchase goods and services has changed over the years. In the past, we would do this through physical means, such as going to a store or booking a service. With the advent of the internet, e-commerce platforms began to emerge and compete with the offline world. Shopping online typically involves browsing a website and … [Read more...]
The Composability of Identity across Web2 and Web3
A few decades ago, your digital identity wasn't very important. Your email address was the only thing that represented you online. But today, social media accounts are much more important. How you appear online is now important to you, your friends, and your employers. Most of our interactions happen through digital accounts that are stored on someone else's computer. Your digital … [Read more...]
What Concerns Do Users have on Blockchain and Crypto
Contracts, deals, and the records of them are a portion of the characterizing structures in our monetary, legitimate, and political frameworks. They safeguard assets and set authoritative limits. They set up and confirm characters and archive occasions. They control communications among countries, associations, networks, and people. They control theboard and social activity. Also, yet, … [Read more...]
What Crypto means to Africa
Fodé Diop's story is not unique. In many African countries, currency devaluation has had a drastic effect on people's livelihoods, thanks to interventions by Central Banks, governments, and international monetary institutions. This has led to a loss of trust in these institutions by the citizens. The Governor of the Central Bank of Kenya, at a recent World Bank event, said … [Read more...]
The Web3 Growth Playbook
The interest in Web3 has increased a lot in the last year. NBA players are buying NFTs for a lot of money and showing them off. OpenSea is doing better than Etsy. The most popular game in the world uses Ethereum. Even though more people are interested in this now, not that many people are actually using crypto products yet. Although there are many Web2 apps and games with a large … [Read more...]