Web3: Solve math problems
Cryptocurrency folks are paying for their next venture, are you missing this opportunity? Will they lose everything in their immediate plans to get rich?
From a stranger's perspective, encryption is similar to a casino. The mechanism suggests something more interesting: the blockchain.
So the question is, what else do you think?
1) Banks and government agencies.
2) Internet platforms such as Facebook and Uber.
3) lei
Here is an example that has happened before.
People's lives pre-merged when the organization allowed two foreigners to trade as third-party believers. Then the internet replaced the middle class with digital sellers. The blockchain now uses crypto technology to wipe out the middle class altogether. By law, they've opened business ventures, slaughtered unprofitable executives, and left thieves with nowhere to go.
Blockchain networks have brought a “new” Internet, the web3.
This article can help you understand web3 at a glance.
1) What is Web3 and its values
2) The relationship between Bitcoin and ETH and other cryptocurrencies
3) What does Web3 mean to you?
4) How to get started with the website3
5) web3 use case: DeFi, NFT, DAO, social token, play2earn, metaverse
This is an attempt to expand the use of blockchain as a tool to create a better life.
A brief history of the site
Historically, the Internet was created by the US government in the 1970s to protect nuclear weapons from hacker attacks.
They discovered that at the height of the Cold War, a computer controlled all rockets with endless problems. So they created a distributed network of several computers.
This means that even in the event of a Soviet cyberattack, the United States can be part of a “disaster reconnaissance”.
Web 1
In 1990, the Internet was a group of interconnected computers. This website is the first application developed by Tim Berners Lee.
Web1 is a large file with a "hyperlink data system" that stores data from all network computers on the screen, and users can browse by clicking on the text and images of attached pages.
know the sound?
In 30 years, 3 billion users will be connected to a bigger, faster and more ubiquitous network powered by big data. Clicking is a similar start.
In its early days, the Internet was a niche tool used almost exclusively by scientists. Five years later, browsers such as Mosaic and Microsoft Internet Explorer appeared and became widely used.
It's a good time to play online in the past. Click. It takes years to draw pictures. Altavista is the default search function. No one has ever thought of starting a website.
Web1 looks like this:
Decentralization fueled by ordinary computer users.
Open Source - anyone can create it on a website.
Content published as read-only requires certain skills, so most users are readers.
The decentralized infrastructure of Web1 symbolizes the original spirit of Web1. Anyone can post all kinds of information to anyone in the world without the approval of office staff.
Web 2
Ten years have passed quickly, and it has attracted many users and artists such as YouTube, Facebook and Twitter, occupied by Western pioneers.
First, anyone can post information online. The problems gradually disappeared, and users and applications skyrocketed. The Internet is good for everyone.
Then our big change created web2 as we know it today.
Mobile: Smartphones allow us to "stay in touch" without having to work on our computers for several hours a day. Apps and reminders run our lives.
Community Chat Sites: Friendster, MySpace, and Facebook allow you to display your face anonymously, making it easy to create, share, interact with, and likes. We can share photos with our friends and even "go" in a stranger's car.
Cloud Computing: Amazon, Google, and Microsoft Cut Web Design Costs. It is now available for rental in large data centers around the world, eliminating the need to purchase and manage expensive hardware.
Internet is centralized. It is the essence of the closed process that is involved.
Big tech companies are rushing you
When we immediately come into contact with more people, ideas, and technology than our brains know, the root platform explodes like a mushroom, including network effects for monopoly power.
As the network receives more users, the cost of the network will increase exponentially. Join WhatsApp group chat with your friends. Join WhatsApp to talk to you. Dad signed up on WhatsApp to talk to mom. Unknown, WhatsApp has been used all over the world. You cannot disappear.
In February 2021, WhatsApp changed its privacy policy with the term “Home or Share”. We may collect multiple user data for revenue purposes. Millions of people promise that they don't want to use WhatsApp anymore, but in fact, few people don't use WhatsApp at all. Because you always want to talk to mommy and mommy always wants to talk to daddy.
In the digital age, the value of the consumer directly affects the size of the network. Without users, startups cannot compete. The press, producers and producers have no choice but to accept the facts. The love of the Internet is fantastic.
What we pay is not money, but personal information and content. It is mined, sold and sent back to the hidden algorithm to get our attention and pay more. All of this is accomplished under the names "free" and "user experience enhancement".
Personal expression = their market value.
Google, Apple, Facebook, and Amazon (GAFA) handle conversations, search, content, ads, and information. The open meeting room has become an enclosed garden. The Internet is today an oligarchy.
Why is web2 bad?
Because the internet is now in decline, something new is needed on the internet, and that situation has changed a lot.
industry in the state
At first, the network could not change the value. People don't like to use credit cards online. Therefore, the basic business model is to attract free users and generate consumer interest through advertising.
Interest rates have become an important part of the Internet. Websites compete for listening with repeatable and algorithmically generated titles. You cannot prevent content from repeating, and you cannot stop clicking on the title.
The growing interest is nothing new. The role of the media is to keep you focused. Tell them that in the real world you have to turn off the TV and get to work. But watch TV to make sure it's in sync, at least on the same viewing cycle.
At web2, we are all served on terms that are most often our own. Different opinions turn into different facts. When your virtual world crumbles with me, Facebook stock prices will rise. The greater the conflict, the greater the benefit. Media connects and destroys the world. Because it's good for business.
When pressing income is equal, people have no incentive to tell the truth. As a result, "click bait", misinformation, fake news, ad blockers and ad blockers continue.
The Internet is not yours.
The platform contains all the content you create online, including user access to profile information, behavioral information you create, photos you upload, videos, music, updates. status and comments. Each output created by the platform is a property of the platform.
When you upload content to an online platform, it is no exaggeration that the data is copied to the server and the transferor transfers it to the company. It is the raw material of the algorithm that charges advertisers. You are the sower, but the spring is reaped.
Of course, there are also freebies. Otherwise, participation cannot continue. Sharing content online can help you build your reputation, engage with your audience, and build partnerships. This social capital itself can be financed. Never before have artists and producers been able to reach so many fans so quickly.
However, all of this is platform management, not platform trust. They have your work and your fans at the same time. If you want to quit the platform and improve the internet, first of all you lose. So you have no choice but to save the money as the machine works.
De-formatting and censorship
After Twitter and Facebook blocked Donald Trump's account, Trump told his supporters to follow him to the Parlor. Then Apple and Google will remove Parler from the App Store. Next, Amazon decided to remove Parler's website from its hosting servers. Trump is homeless in the digital world.
It works like that.
Almost 90% of web hosting is hosted by four service providers, the largest being Amazon Web Services (AWS). Their centers operate websites and apps that we use every day, including Facebook, Twitter, Airbnb, Uber, Reddit, and Netflix. We access these applications through the browser (web) and download them from the application store (mobile).
These companies manage to be the gateway to the creative world. They either play or don't play by their rules. They can block your account, app, or website.
Even if you do well, you can still be punished for doing the wrong thing. The government has a reputation for easy censorship, and this can only be done by blocking certain basic servers. Take, for example, the great Chinese firewall. Speaking of state privacy, this has the added benefit of preventing Facebook, Twitter, Google, and Wikipedia from moving away from their citizens. If (when) Russia and India create their own firewalls, the global creative market will lose 3 billion ideas.
hacker paradise
An integrated business environment that combines design data with medium storage offers great rewards for hackers.
It downloads data to many large data centers, such as central banks, which have multiple doors that hundreds of millions of devices can break. This means I can walk into my neighbor's smart fridge and steal your bank account. This means Russian cyber terrorists can take over old Windows computers, freeze ATMs in Ukraine, shut down trains and cripple hospitals.
Today networks are a dangerous example. The safety of your body depends only on the weakness of the connection. The main downside is that weak links cannot be restored as new links are added daily. By design, the solution does not meet the criteria for the problem. As the market climbs point-to-point and hit-to-device, this situation can snowball and cause system failure.
Cybersecurity in its current form is the story of Sisyphus. We keep pushing the rock upwards, so it's so heavy that it will roll over. Here's some informations. Cybersecurity generates approximately $ 123 billion in annual revenue. By 2025, the annual decline of the main source of cybercrime is estimated at $ 10.5 trillion. It is the biggest economic change in history.
Criminal data is a new standard in privacy. Cyberterrorism is a new trend in geopolitics. The Internet base represents a constant risk.
faith issues
How did we get there ?
Internet pioneers never considered the importance of the Internet. But they ignore religion, an important function of human society.
Faith is the fact that you will not be deceived. If you trust someone, you are sure they will live up to your expectations.
In the Age of Evil, this means that for security reasons you can only interact directly with your family and friends, and not exchange information and values with strangers. If I didn't know you, I wouldn't do business with you. This set the population limit for early hunters at around 150. That would have been the number of social interactions that most people in the human brain could control (called the Dunbar number).
unit of success
The last ice age ended around 11000 BC and was raised by nomads during the agricultural period. Long-term harmony makes property private and profitable (kept on the farm). This is a statement that appears on the outside of the trust. The reason for the theft is stronger than ever. To reduce violence from different groups, we consider a third party or organization that outsiders can trust.
By closing the result, the organization maintains the confidence of outsiders. Agencies collect information such as who owns the land, how much they owe, taxes, payments, assets, and trades. Data confirms the fact, and accuracy builds confidence. Governments, banks, courts, congregations (such as churches) and private companies provide financial frameworks to extend human participation to communities. A story we can all believe in.
In this sense, school is the foundation for success. Without them, offline marketing would not exist. This fact has proven that the first online business cannot do without a school. The first networks returned to the role of managing trust in the media shortly after the start of decentralization.
guardian v2
Today's Internet organizations are not limited by time and space, reducing communication times and business costs to quickly start doing business on a global scale. They do this by letting the software solve the trust issue. We connect, drive and do business with strangers all over the world because we believe we can do it through our cell phones. Using data such as visuals and ratings, users create a culture around certain meaningful impacts. These cultures set limits on what we all do. At least we won't lie. Best of all, the partnership never ends.
Networking software overthrows cumbersome value middlemen to reward individuals on both sides of product and demand. Foreigners can make a big deal in a friendly company. Most importantly, everyone has a network and the platform always uses the best.
After all, as humans, many machines continue to frustrate us.
Any system that includes power, money and circumstance will suffer from discrimination and corruption. Centralized Internet platforms are no exception. Basically, it is human selfishness, and it is happening everywhere. It's not a small problem, it's a feature. We can't trust everyone in the system, so we can't trust the bank, Facebook, and Uber to solve the trust issues. They are especially unreliable when they can use laws and network issues to avoid competition.
This is not a good way to say "fuck the system" and not blame the banker and Mark Zuckerberg for all the problems in the world. The problem is in the design.
Blockchain: lej> Human
It can be identified in two steps.
1) Write down and measure the whole community by developing a principle of facts that everyone in the group knows. It is important to note that information is not a fact in itself, but a tool for accessing facts. It is important that the content is conveyed during the "writing" process.
2) The organization cannot trust the prisoner. This is because the recorders are human and seek to have fun from birth. Prejudices are innate and the desire to manipulate is demonic. There is a lot of renewal.
The word "trust" means deception. “Belief” and “deception” are two sides of the same coin.
Can we keep the information objective and not be affected by human inaccuracies? As used by blockchain technology, the answer is to eliminate all humans.
at least descriptive
1) Blockchain is a distributed digital product (ledger) that collects the assets of people in the network. It could be money, a membership, medical information, and whatever else people want.
2) Decentralization means that each user of the network has a copy of the modified list in real time.
3) This keeps the data unchanged. If anyone disturbs the list, it will be ignored by other members of the network.
4) Encryption technology makes it impossible to modify new files (blocks).
5) Cryptography is a very complex mathematics which requires a lot of energy.
6) The users who provide this calculator are "minors". They are paid by protecting data paid for in cryptocurrencies (like Bitcoin).
7) Mining makes cryptocurrencies scarce, giving them money.
Blockchain goes hand in hand with trust. Users do not have to trust the data because it has been identified by the network. Confidence is in itself and is distributed to all participants in the network. No error from payment intermediaries in the blockchain. Blockchain is a cohesive community of strangers. Just as people pay to meet demand, blockchain pays to meet the needs of the network.
Different blockchains must have different values. These benefits can be security, storage, metering, bandwidth, surveillance, etc., and beyond these lines. Only you can't think about it, and no blockchain can draw it.
Bitcoin blockchain veteran
Bitcoin, the first cryptocurrency, intuitively shows how the blockchain works. The list lists the rewards for each user holding and also collects rewards for minors. for
1) One Bitcoin (BTC) is paid.
2) Everyone on the network updates their copy of the list with new blocks that list the changes made by us.
3) The new block has been identified and hidden by the miner, and the miner's electronic services are paid for in Bitcoin.
Bitcoin is like a poster that lists all of your trades.
ETH - Decentralized Global Supercomputer
If Bitcoin is a presentation, ETH is a presentation with macros.
Macro is a small application that you can use to perform tasks in Microsoft spreadsheets. In other words, ETH is a blockchain with its own programming language. Developers can create fairytale apps ("dapps") here. Just as the Bitcoin blockchain uses Bitcoin (BTC) to pay for certificate protection, ETH uses Ether (ETH) to pay for the completion and usability of the distributed application code. It looks like a huge computer made from all the computers in ETH.
The idea of running apps on the website sounds familiar. ETH is an adaptation of the Internet distribution system. It's not a network run by a giant like Amazon, it's a new Internet for all users.
The Internet must be unhackable and uncensored. It is managed by the user and paid for the functions required by the network in the local network. On the Internet, free trade and freedom is Trinity.
Web 3: Internet of values
Don't limit your thoughts to blasts on Twitter, Facebook, and YouTube. Blockchain technology has opened up a new network, a market in which foreigners can exchange valuable assets, assets, and important information. No tuition, business arrangements, or cause for concern.
The exchange rate follows the standard contract with performance and rewards. If I do X you give me y. How can blockchain improve performance and rewards? How to conclude a contract because you have a 100% guarantee that the parties will not be deceived? Bitcoin is a good example. A "smart contract" is like a vending machine, where changes are made by surprise.
Think of art, insurance, real estate, real estate, intelligence, credit cards, lawyers. You don't have to negotiate through a middleman, but use a marketing app for marketing. These decision applications are based on blockchain smart contracts such as ETH or Solana. Don't trust and don't allow. cheaper and faster.
The best company can change the business model, opening the previous business model is not easy. In fact, the business is nothing more than a contract between employees, business owners, banks, consumers and the country. All of these elements are programmable on the smart contract blockchain.
Blockchain allows anyone in the world with a phone and internet connection to participate in global transactions directly, instantly, and without authorization.
web3a who
Economic Internet:
1) Each user is a wallet.
2) All information is portfolio assets.
3) All transactions are transferred from one wallet to another.
How is? Let us understand some of the basics.
web2: read and write
When you sign up on Twitter as @jack, a list called @jack is created in your Twitter database, which is hosted on a central server such as Amazon Web Services (AWS).
Each time @jack is tweeted, a new page is added to the @jack directory in the Twitter database. If we like @jack's tweet, we change the main page to 1. When @jack mentions me in a tweet, the page links to my profile page. Adding and modifying pages is called "writing".
Each page links to another page (home page, profile, comments, mentions, publications) which can be clicked from one page to another. Watching and viewing Tweets like this is called "reading".
Twitter website user interface and onscreen mobile app make reading and writing easy and convenient.
Twitter is called web2 because the user is logged in. In web1, only the website owner can edit the information. For users, this is read-only.
web 3: read, write, personal
In addition to reading and writing, web3 adds "master". a
Even if your tweets are named after you, they are still in the Twitter database. We then call Twitter “dTwitter” on the blockchain. Tweets are owned by the user. In other words, tweets are an asset in your wallet.
The mechanism is roughly the following.
1) @jack Join dTwitter by connecting a crypto wallet.
2) When @jack tweeted, a new file was created and stored in a distributed file such as Distributed File System (IPFS).
3) At the same time, the token representing the information from the tweet was "published" on the Twitter blockchain and delivered to the @jack wallet address. It's in @jake's wallet, so @jake really “has” it.
4) @jack can forward the members of their tweets to another wallet.
All Twitter Tweets are owned by Twitter and all Twitter Tweets are yours.
Tweets can be thought of as assets that increase in value as interest and engagement increase.
Web2 decentralized twitter thiab web3 decentralized twitter
In web2, the company Twitter has all the tweets that generate value in their exchanges with advertisers. When you tweet a tweet about a virus, the share price on Twitter goes up. The tweets and replies in web3 are yours. Smart contracts make it possible to exchange interest in tweets with advertisers or to sell the best tweets in heterogeneous tokens.
THE T.V
Tokens represent members of non-fungible Tweets and tokens are called non-fungible tokens or NFTs. This means that the tokens are unique and cannot be exchanged 1: 1 for other tokens. @jack The first tweet is different from the second, because "Meng" Nalisa "by Leonardo" is different from "The Last Supper".
@jack can sell their tweets by exchanging NFTs for cryptocurrencies like ETH (in fact, they already are). Like dollars, wheat, and other grains, ETH tokens are fungible. It doesn't matter how much the ETH token is or the dollar value. Because they are all the same. Exchanges can convert items into money. We use it to assess what can be changed and what can be changed that cannot be changed.
@jack can exchange bona fide tweets, believing that someone else will send Ether tokens to their wallet after receiving the NFT. Alternatively, as long as wallet x receives NFT from wallet y, it can use a smart contract to convert x ether from wallet x to wallet y. This is called automatic reliability. This is how NFTs of (mostly) JPEG artwork images are traded on OpenSea, the largest NFT industry at the time of writing.
Crypto wallets contain exchangeable and non-fungible tokens.
As you can see from the example above, the idea for NFT goes way beyond the current rage that people spend millions of dollars to buy jpegs of rock, red, and head of rock. 8-bit pixel. Basically anything you need - diamonds, tesla, pokemon card, house, land, photos, music - can be tokenized with NFTs to identify members and not get stolen. Security.
A thorough study of NFT is required. Subscribe or check my brain to receive emails when I post messages.
Wallet login> Log in with Facebook
To use dapp, you need to connect it to a crypto wallet, which is the address that sends your blockchain account to dapp.
What is the difference between a wallet and an address?
The address is a string of numbers such as 0xec98c7935ae1db71884969919de58cd776cc017c. A wallet allows you to work with addresses. They have different goals.
1) Wallets are hardware devices used to store assets offline. Trésor for example.
2) Wallets are software applications used to store valuables on cell phones and / or desktops, they are less secure than wallets but easier to use. For example. movement.
3) The wallet can be used as a mobile app and a browser extension to interact with dapps. These connections reduce the security of the storage. For example. mask.
A crypto wallet connects to the first layer of the blockchain like Ethereum. So it's similar with any dapp built on it. So, if dTwitter is Ethereum based, @jack can connect to ETH wallets like other Ethereum based apps like Uniswap (used for token exchange) and OpenSea (used for NFT trading).
Click "Connect Bag" as easy as logging into Facebook. In fact, there is a big difference between the two. Simply logging into Facebook until you delete the connection is like submitting your personal information. The dapp will not fit in your real wallet. For example, commercial tokens can be both encrypted and secure, including homogenized and non-homogeneous tokens. Each change is personally signed by both parties and written to the blockchain so that each person can identify themselves.
Anonymous cryptocurrency address. You can store personal identifying information such as names and photos on NFTs, which are your digital assets and can be shared with other wallets and applications that are not part of Facebook.
decentralized country
There are reasons to use anonymity as the norm. Blockchain transparency means anyone can view content from any location. Put your name in a wallet with a 100 BTC type check mark behind your back. Placing it in a bank also means taking the risk and assuming the responsibility of protecting its assets.
But 0xec98c7935ae1db71884969919de58cd776cc017c is not easy to remember. To avoid this, every time your friend wants to refund you a beer, they have to open their phone, open the wallet app, and copy and paste the location into the messaging app. A name like gillesdc.eth.
Just as netflix.com refers to the IP address that points to the location of the Netflix website on the server, gillesdc.eth refers to my location on the Ethereum blockchain. Specifically, the location of the wallet you use to interact with dapp. Using a wallet is like using a regular wallet on the go, only to put in the amount you want to use. It is best to keep your assets anonymous and keep them in a soft wallet or offline wallet protected by 2FA (Soft Wallet), which is a cryptocurrency equivalent for biometric technology and security.
Registering for a domain name gives you a web3 experience.
1. Purchase the desired name by purchasing tokens required by an exchange such as Coinbase. You need ETH to buy the .eth domain name and SOL to buy the .sol domain name.
2. Transfer the tokens to a corresponding wallet. We use Metamask for ETH and Phantom for SOL.
3. Go to the dapp corresponding to your domain name (.eth to ENS, .sol to Bonfida) and connect to your wallet.
4. Find the name you want and make the change in your portfolio.
Detailed instructions.
A step-by-step guide to registering an ETH domain name
This article first appeared at https://medium.com/the-ethereum-name-service/step-by-step-guide-to-registering-a-eth-name-on-the-new- ens -registrar-c07d3ab9d6a6
A step-by-step guide to registering a SOL domain name
This article first appeared at https://bonfida.medium.com/an-introduction-to-the-solana-name-service-5e0134dbf56e
web3 ua
Smart contracts are opening up new avenues for business, work and play. The following is an indication of improvement.
DeFi (Decentralized Finance)
DeFi yog Wall Street avenue rau cryptocurrency.
The DeFi dapp allows you to trade, invest, deposit, borrow, borrow and directly secure your financial assets with other users. Bankers are created by coding. Smart contracts both recognize the end of blockchain exchanges, reducing costs, costs and inefficiencies. As of October 2021, all assets worth over $ 200 billion were closed under DeFi contracts. (What is Total Cost TV (TVL) in DeFi?)
Stablecoins Stablecoins are digital tokens linked to commodities such as gold or fiat currencies such as the US dollar. For example, 1 USDC token can be exchanged for 1 "real" US dollar. Old world assets have adopted the characteristics of cryptocurrencies. It can be programmed into smart contracts, so it can be used in DeFi protocols, DAOs and DApps.
Uniswap - Although regulatory requirements are required, most tokens are still traded on intermediary exchanges such as Coinbase. And Uniswap keeps the web3 promise: peer-to-peer direct currency trading.
Aave-Aave is a cryptocurrency lending process. Cryptocurrency holders can earn a lot of money on loans. Lenders can get loans without a credit check using cryptocurrency as a commodity. In the event of default, the collateral is sold to repay the loan.
Non-homogeneous tokens (NFT)
If the token value is considered special, that is, it cannot be traded 1: 1 for another token, it is non-fungible. It is an intellectual problem. Although American banknotes have unique symbolic value, they are subject to change as each banknote has the same purchasing power. This is another problem if you are a writer and you value the phone number.
In this sense, NFTs are simply tokens with a valid number. For example, if 1000 tokens are given as a gift, the higher the number, the higher the probability of winning, so the tokens cannot be redeemed. It can be changed if the token number is not important.
As of this writing, NFTs have become hard to ignore. But when people and businesses spend millions of dollars on cryptopunks and boring monkeys, two important aspects of NFTs are often overlooked in the noise.
First of all, NFTs are on-chain tokens that prove ownership of off-chain assets.They are not tax assets. Anyone can click save to save Cryptopunk .JPG, but only one wallet can store NFTs.
Second, NFT is not an example with graphics or digital devices.Anything you want can be tokenized to identify members, non-stealth, programmable, split, flexible, and easily encrypted for security. This includes Mona Lisa, Tesla, and your house. Digital imagery is just the tip of the iceberg and will continue to symbolize every tool in the world.
Iceberg with NFT
Boring Ape Yacht Club (BAYC) - BAYC is a community of Boring Ape NFT hosts. This is a good example of how NFTs can connect to access and exclude and relationships.
Ethereum Domain Name Service (ENS) - When you register an Ethereum domain name, the NFT match is stored and stored in your wallet.
Audius-Audius is web3-Spotify. Artists go straight to the audience with no list or location. Owners of songs stored in IPFS are registered as NFT on channels. Income is reported to who owns the TVN.
personal opinion
NFTs free to design and consume through the marketing of the platform.
When you post photos, videos and audio files online, you are posting and sharing their content on Facebook & co, in accordance with our Terms of Service.
With NFT, developers retain ownership of their content without restricting distribution. No matter how much and to what extent this information has been copied over the network, its history and ownership has always been traced back to the blockchain. It has nothing to do with the platform and the content is endless.
In web2, if the content of a special platform catches fire, it becomes a platform to make money. Verifiable membership in the NFT reverses this relationship and redirects all future cash flow from the strategy to the developer as shown in the smart contract. Now their work has been copied and viral for the benefit of its creators. Every copy, share, display, use and promote benefits from the culture of the old concept. NFTs capture valuable ideas, make them available and marketable.
See the mirror to see how NFT updated members.
Mirror is an advertising industry, its tools help developers to present, share and enjoy their ideas in a web3 form. You can advertise products on the channel, advertise and compete with NFT ads, launch new campaigns, share revenue with partners, and engage the community. The $ WRITE token allows manufacturers to become members of the DAO Mirror.
You can support my writing by reading these phrases on the channel and writing NFTs. It may be more valuable in the future. Who knows?
Decentralized Autonomous Organization (DAO)
As mentioned earlier, organizations can easily facilitate contract integration.
1) Employees are paid for work performed.
2) Consumers pay for goods and services.
3) The lender meets certain repayment conditions.
4) Entrepreneurs invest in exchanges to participate in setting up their projects.
DAOs put this strategy into practice and make price changes possible through smart contracts. Administrators are programmed by rules approved by token holders. Each member owns a share of DAO's assets and can participate in deciding the proportion of tokens they hold in the contract.
Taking into account the characteristics of business and relationships, the DAO model makes the business look like a community and the community look like a business.
DAO - The first DAO is an investment fund launched in 2016 under the name DAO. Clients can buy DAO tokens with ETH and have the right to vote on where DAO funds will be invested. Traders will benefit from the split funds and increase the value of the DAO token. Unfortunately, the smart card below contains significant vulnerabilities that hackers can exploit. After all, it's not unfortunate that hackers have revealed something we can't have.When DAO hackers started threatening the Ethereum protocol, they eventually hardened the Ethereum protocol as well.
MakerDAO developed the DeFi protocol and launched a stable fund called DAI. In fact, many Web3 application development groups including Uniswap and Aave mentioned have DAO type models.
PleasrDAO is a fusion of NFT enthusiasts (full name Non-Fungible Token, meaning a non-homogeneous token used to represent digital assets), uniting resources to obtain scarce resources. Key products include the Snowden NFT, old photos of dog memes, and the rare Wu Tang test album. Each member has a portion of these NFTs in proportion to the number of tokens he holds.
lives social
Tokens capture the financial value of community members and allow them to comply with the rules of supply and demand. As more and more people want to participate, the price will go up. In addition to receiving certain rights, tokens can also represent membership, voting rights, and special access. The price will be higher as the expectation of increasing demand may attract investors.
This is true for ETH holders and for all groups. Entrepreneurs, artists, manufacturers and influencers can transform the business world through tokenization. You can drop $ GIL tokens for your clients and create NFTs for your project. The more readers there are, the more valuable the money. Things will only get worse if tokens can unlock special themes, clash groups and events or other cool stuff.
Socios allows football teams to earn money from their fans by using Fan Tokens. In addition to access to group decision-making research, “superfan” prizes and giveaways, fans can also purchase tokens to gain a sense of belonging and join the club. There are reports that football superstar Lionel Messi received part of his contract bonus in PSG supporters chips when he signed with the Paris club in August, raising prices.
Mirror is an advertising platform where its tools can help designers present and share ideas and turn them into web3 style. Channel announcements, NFT coins and versions at auction, new crowdfunding operations, revenue sharing with stakeholders and the wider community to give members a collection.
Earn P2E by playing
Then you can play with your community by rewarding them with tokens.
If you own a Pokémon, World of Warcraft, and FIFA player weapon set, you understand the value of digital tools. Blockchain is making digital marketing tools less common. Encrypted Pokémon only have one Pikachu. And there isn't the average game development company that endlessly copies toys from scratch and collects money from gamers. In return, the less valuable assets are the best and most profitable players in the market. Yes, your child can play video games.
Axie Infinity is a blockchain game where players climb, climb, fight and trade cute animals called “Axies”. Players can earn tokens (available from NFTs) to generate them again. Players survive the game by exchanging tokens with the game. As this example shows, the marketing process is very complex.
Metaverse the whole world
Metaverse is a new digital environment, a virtual world that uses technology to connect and create, share and interact with the real world.
Businesses, NFTs, tokenized communities, and human games come together in a world called meta, a virtual world where people work, play and live together.
Think about what is happening on the screens of our lives.
1) Work - work at home or work on a laptop or cell phone. Whether it's a conference room or a meeting room from Slam and Zoom.
2) Community - We value more online than offline. People spend more time chatting on Instagram, Twitter, Discord, and Reddit than online.
3) Games - Now more people are playing online than offline.
4) Personal - Many people love our photos on the internet more than in real life. We introduce ourselves through our profiles, Twitter and our stories.
For digital work, games, friends, and personalization, blockchain adds digital assets and ownership.
If you're nervous about being in the cloud, remember that the main reason humans are dystopian in the virtual sci-fi world is the creation of the cloud and the fundamental force that controls them. This is a virtual Facebook, web2 version of the meta world.
The encrypted meta-universe is open and decentralized, created by the collaborative creativity of all creators and businesses distributed through a supply and demand mechanism. A world without borders and control systems can create groups, ideas and businesses for everyone. Haven't you seen each other yet? This is the start of your design and your connection. You don't have to give permission to anyone.
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