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Bitcoin Blockchain Business Business Strategy Cardano Cryptocurrencies Ethereum How to Polkadot Strategy Technology Technology Strategy Web 3.0

How to grasp the blockchain world and safely walk your first steps into Web 3.0

The following is a quick guide explaining how to become acquainted with the world of blockchain, crypto, and web 3.0:

  1. First, I invite you to start with these videos:
    1. What is a Blockchain: https://youtu.be/rYQgy8QDEBI
    2. The difference between Bitcoin and Ethereum blockchains: https://youtu.be/0UBk1e5qnr4
    3. What is a Smart Contract: https://youtu.be/ZE2HxTmxfrI
    4. What is a Stablecoin: https://youtu.be/pGzfexGmuVw
    5. What is an NFT: https://youtu.be/FkUn86bH34M
  2. Understand the key concepts of web 3.0 by googling them: Blockchain, Wallet, Cryptocurrency, (crypto) token, Mining, PKI, tokens, Smart Contracts, Dapps, Decentralized Exchanges (DEX), Staking, ICO, ITO, Layer 1/2/3 protocols, transaction fees, consensus, etc.
  3. Know what are the major Web 3.0 technologies, their differences, and their value propositions like Bitcoin, Ethereum, Polkadot, Cardano, Cosmos, Polygon, Hyperledger, IPFS, Storj, Solana, Tether, etc. Not only the network but also the development tooling and the distribution means.
  4. Understand what new business models, organization models, like DAO, and features the Web 3.0 is bringing with respect to Web 2.0. Then research how Web 2.0 and 3.0 complement each other.
  5. Select one Blockchain technology and stick to it, in the beginning, to understand how Dapps are being built, distributed, and promoted in the ecosystem. Some of the most popular depending on your areas of interest: Uniswap (DeFi), OpenSea (Digital Art, NFT), Axie Infinity (Gaming), …
  6. Understand token economics and how it is possible to have such a huge valuation and market capitalization.
  7. Learn by doing!
    • Learn to use blockchain tools like Etherscan and Bitcoin Explorer, to see all Ethereum Blockchain transactions. And now is the time to look up your own wallet!
    • Then, you could fund your wallet using the most popular and safest Crypto Trade Exchanges like Kraken, Coindesk, or Crypto.com.
      Notice that you can buy cryptocurrencies with Paypal, but you currently cannot transfer them to your own wallet. Paypal is holding bitcoin for you.
  8. Follow the various companies and foundations expanding the web 3.0 (tech websites, Twitter) to grasp how the ecosystem is expanding. Then, ask yourself how these companies are regulated.
  9. Interact on LinkedIn, Twitter, and Reddit with knowledgeable people and enthusiasts.
  10. If you are an IT engineer, start programming with Solidity. I find the Truffle Suite genuinely good to build Smart Contracts and NFTs in an easy way.
Categories
AR/VR Artificial Intelligence Technology

Here is how Meta is positioning these new AI  and AR / VR services to support companies in developing their metaverse

Check the following video introducing the Builder Bot, which creates VR worlds with your voice :

I can only acknowledge that it is a clever move. The first versions of VMESS in 2015 had a quite similar goal in mind.

Meta intent to be a Metaverse Forge Platform: the host a Digital Multiverse. At the end of the day, it is about giving one the possibility to pioneer the Metaverses (with an “S”).

Overall, it is an even greater strategic milestone for the Meta Group as Facebook needs to pivot to some degree in order to not face the same destiny as MySpace.

However, Mark Zuckerberg has 2 problems to solve (per the recent 230 billion $USD loss in value) till then:

  1. Even if the social value of Facebook has been proven, with its 2.9 billion users, Facebook has this negative image of being an “evil company”.

    Considering the amount of data gathered on each member of this social network, political opinion influence, the toxicity of Instagram for youngsters, etc. this image needs to change.
  2. Mark Zuckerberg. Yes, Mark is the image of Facebook, and it is not shining at the moment. Maybe it would be wiser for Meta to have a different public face (communication-wise) to perform its complete mutation.

The other big players

Microsoft#mixedreality: https://docs.microsoft.com/en-us/windows/mixed-reality/

NVIDIA Omniverse: https://developer.nvidia.com/nvidia-omniverse-platform

Interesting challengers to follow

Niantic, Inc., the company that brought you Pokemon GO: https://nianticlabs.com/

Roblox, which is a social gaming platform where gamers can create their own games and let other players play them: https://www.roblox.com/

RenderNetwork on Solana blockchain: https://rendertoken.com/