A16Z: a panoramic overview of ecology Web3.0

A16Z is an American cryptocurrency pioneer. From the start we learned and used the entire Cryto Coast trail. What we learned from the A16Z report is useful for understanding the entire crypto industry.

There are a few phrases about the Web3 Marketing System. This article is straightforward, easy to understand, and useful for readers who enjoy Web3 based on straightforward instructions and can understand the concept of the entire Web3 ecosystem from a macro perspective.

instructions

We firmly believe: the next wave of IT innovation;It will emerge as a decentralized technology, and new developments will also include Chinese organizations with new developments..

The evolution of Web3 crossed its financial history and its borders (the Crypto trail follows Bitcoin in the financial markets). The entire Web3 community is made up of diverse people, from professionals to small business owners and the general public. so,The diversity of Web3 users and the diversity of applications should be taken into account..

Decentralized technologies offer an alternative solution to today's digital world (controlled by technological oligarchy and other monopoly regimes).An infrastructure designed to be open and independent can be an asset for future businesses and organizations.. If you want to know this vision,Depending on how government and the private sector operate, collaboration involves the development of governance mechanisms that support innovation and manage risk in a variety of applications..

a16z is the largest website provider3. The sales team includes a16Z, a former police officer for several US government agencies.Recognize that this important new industry needs to be regulated (Web3). As decentralized processes become more important, we look forward to working with regulators and lawmakers to jointly develop clear policies that benefit consumers, entrepreneurs and designers (designers)..

The field of cryptography is technology-oriented and iterates quickly.. Therefore, the Guide to the Web3 Guide will cover some of the details of the application. Each case comes with a list of additional reading, which interested friends can read in more detail.We hope this booklet will highlight the great benefits and potential of Web3, help decision makers better understand the use of Web3 tools, and provide solutions to the communities they work in..

details

Application Web3

Distributed Autonomous Organization (DAO)

Decentralized finance (DeFi)

Stablecoins thiab Central Bank Digital Currencies (CBDC)

Privacy and digital infrastructure

Creators economy

Chain Tower (Gamefi)

Application Web3 (application)

What is a Web3 application (application)?

The first era of the Internet (from the 1980s to the beginning of the 21st century),The service is subject to open rules.(Examples: TCP, IP, SMTP, HTTP: understand by network communication), establish stable and fair competition and establish an Internet ecosystem based on it. .

The second age of the Internet (mid-2000s until now),Companies have developed a second proprietary shutdown process at the top of the Open Internet Protocol.. Early in the period of centralization, tech companies benefited from the representation of Google, Apple, Facebook, and Amazon quickly beyond the first generation of open source software contracts and the services they were developing. . For example:

Simple Mail Transfer Protocol (SMTP) is open source email.. Google owns Gmail (the service) and Microsoft owns Outlook, but no company has an email contract for a fee.

However, in most cases, these closed contracts are not the core business of the tech company. Although people don't pay Google to use Gmail, Gmail does support Google's core business of collecting data and selling advertisements. This is the world of Web 2.0, the world of Web 2.0. "If the user does not pay, the consumer is the property, not the consumer.".

We are currently in the early stages of Web3 development, and at this point, communities can support and reward the use and management of Web3 and develop the fundamentals of Web3.

Why are Web3 applications important?

Web3's decentralized network offers an alternative to the current state of the booming digital age..

Centralized networks allow millions of people to access cutting-edge technologies, many of which are free, but these types of connections always hamper innovation.The company that owns the Internet has one-sided strength. For example, who has access to the Internet? How is the income distributed? What features are supported? This way, other groups such as startups and creators will find it difficult to start their own business as they have to change the rules and concerns and watch out for entrenched platforms that take out users or profits..

The challenge of engaging in business in theory still exists if it is public goods (products that do not compete in consumption or consumption and do not include profits).Supporting monitoring and developing collaborative strategies is a challenge. However, Crypto can provide financial support to solve the problem of supporting growth through a combination of joint ventures. Web3 distributes its power to communities, not businesses..

Decentralized networks are an important force in the fight against embezzlement in the media.: For example, in June 2021, Fastly was crippled with a virus and was unable to access the main pages of popular websites such as the New York Times, The Guardian, Twitch, and Reddit.Distributed systems prevent an outage. Decentralized networks can also overcome autonomous control through entrenched platforms..

Decentralized Autonomous Organization DAO

What is DAO?

DAO is an online sharing organization that is governed by consensus rather than centrality.Features include:

Dispersion: No one person or party in the middle can change the rules.

freedom: Voting and decision making follow the logic written in the smart contract to count votes and make decisions without human intervention.

organizational characteristics: DAO can collaborate on the role of community actors in a variety of contexts.

Although the concept of DAO seems difficult, there are still examples of real-life DAO applications. Publix and Green Bay Packer are both examples of business models that do not have a leader in the middle.

(Publix grocery stores are community-owned, staff-owned grocery stores.)

DAO stands for “on-chain governance”.For example, in a traditional business administration, a company wrote down rules and regulations and how the board of directors is elected. DAOs can bring this concept into the digital world by coding similar rules and regulations into smart contracts.

A smart contract is a secure computer that runs on a network blockchain, much like a legal contract. Smart contracts are a type of contract, unless they are written in computer code and can be managed and self-administered successfully.

Why are DAOs important?

DAO is a new standard of business management.A new type of organization created by transparency and inclusion. These principles apply to all types of organizations, including nonprofits, associations, partnerships and budgets..

The governance model determines how organizations determine the interests of their members. The problem with many existing organizational documents is that the decisions are not yet clear and the starting point for the members of the organization involved in the management of the organization is usually high.

Decentralized finance (DeFi)

What is Defy?

Decentralized Finance or “DeFi” refers to business applications of the financial sector (savings, credit and foreign exchange).

A decentralized application (dApp) is a computer application that encodes code to create smart contracts in related applications.. These agreements are often called "rules".The difference between dApps and modern apps is that most dApps exist forever, and as long as blockchain hosting procedures exist, dApps exist and cannot be changed or traded by malicious people.. aApps is also open. This means that all computers can join the network and that access is not limited in advance to an individual or a group.

Blockchain-based payment services for peer-to-peer digital transactions. Before Bitcoin (BTC), digital payments had to rely on intermediary (data) leaders such as banks and credit card companies. Whether users send money through services like PayPal or Venmo, the real issue is a "financial request" (IOU) that the financial institution trusts.

Cryptocurrencies are like money. It can be viewed as a unit of account in the system, the average and average exchange rate stored at a value and can be used numerically without the third change in the actual price..

Why is DeFi important?

cryptocurrencySupport leading financial institutions for low cost, real-time, no-time, no-time currency exchange rate changes.. Most importantly, blocking access to cryptocurrencies is minimal.

There are many opportunities for resource-poor areas around the world.. Blockchain-based payments could pave the way for financial services to nearly 2 billion people without a bank around the world. Foreign workers can use mobile wallets to send income to their families in their home country at a cheaper and more convenient rate.

Cryptocurrencies can be a lucrative market for countries with rising inflation. Of course, most people think that sending money online is as easy as sending an email, but only those lucky enough to receive advanced financial services know that.

More than 20% of Americans do not have a bank or bank account, financial services are still slow, expensive and limited, and high financial services affect millions of people across the industry. time.

Blockchain-based payments can modify and improve current payments.For users who do not have a bank account to access digital deposits, cryptocurrencies can be used to distribute financial benefits efficiently, securely and economically..

If a tech company like PayPal or Venmo trades entirely on the front-end of a financial device, DeFi will trade all of that later, in particular DeFi has created a new channel and financial services that are easier to use and access. , audits, upgrades and builds. Participating in the financial process will be cheaper and easier, resulting in less disruption and more financial consolidation.

In addition, financial services such as credit unions (other types of partnerships are mainly linked to the fight against poverty and the development of microfinance services in West Africa, Latin America, etc.)) support customers and support customers. You will be part of a partnership that will lead to better results. Decentralized financial services benefit greatly from an open Internet. These benefits include:

It is open to everyone on earth.

Commitment to open source

Third party developers can modify it without permission.

cut money

Security and privacy functions are supported by encryption technology

transparent control

Stablecoins thiab Central Bank Digital Currencies (CBDC)

What are Stablecoins and CBDCs?

A fixed currency is an official cryptocurrency relative to the US dollar or the euro.Stablecoins keep prices stable for a while. Fixed fiat return currency: For example, a fixed currency linked to the US dollar, which holds the assets of fiat to match the release value of each token.. Other tasks are usually secured by integrated digital tools or processes that have resulted in smart contracts.Central Bank Digital Currency (CBDC) is a government-issued digital currency that symbolizes a country's governance and responsibility..

Why is this important?

Stablecoins offer the benefits of cryptocurrencies without volatility. For example, cryptocurrencies like Bitcoin and Ethereum can be traded at a high rate within a day, but securities are designed to hold constant value, making securities the medium of exchange..

As a low-cost asset, stablecoins can help boost the economy in the chain, including the announcement of modern global payment systems and various financial services. Today, global payment systems offer a wide range of financial services to people who do not have access to banking services. They are the building blocks for a series of key innovations and the basis for critical innovations.

CBDCs have many similarities to fixed income securities. Stable coins and CBDCs can merge together, although they raise privacy and security concerns. People who choose between fixed income and CBDCs can create challenges, support innovation, deliver new functionality, and develop new functionality.

Privacy and digital infrastructure

What is privacy and digital infrastructure?

A limitation of many blockchain networks today is that their design is completely transparent. However, cutting edge research in the field of new cryptography,Allows you to check the validity of the data without having to provide the data itself.. For example, a user can prove to a website that the website knows the user's password and that the website is not obligated to store the user's password maliciously. Thus, this solution process can simultaneously resolve privacy and scalability issues.

Why are privacy and digital infrastructure important?

The confidentiality of infrastructures is crucial.Not only does it protect user privacy, it expands your app design space.. Given the history of big data in the Web 2.0 era, data protection should be the foundation of the next generation of technology. This confidentiality process will lead to more protections.

The privacy infrastructure also allows people to follow more. In the existing process, users will refuse to provide personal information to vendors or applications on the blockchain because the data can be used to display business data.A privacy layer addresses these concerns and allows users to disclose certain information for certain purposes, such as policies, while preventing full disclosure of the information.. This means compliance is easier if there is no personal risk.

Creators economy

What is creative marketing?

The Creator Economy is a new community where producers, such as artists, musicians and producers, can connect with their sponsors (fans) in a direct and cooperative way without compromising income independence.

Substitutable means that the units of an object are indistinguishable and interchangeable. For example, a dollar bill is exchanged for another dollar bill. At the same time, irreplaceability is a property of specialized objects such as art, writing and real estate.

NFTs are non-counterfeit assets that are valuable because of their similarity.. For example, NFTs can represent specialized graphics. For example, the NFT could represent specialty art, a Mickey Mantle baseball card, or a house in North Carolina. The NFT exchange rate is the same as for other tokens (Bitcoin, etc.).

Why is entrepreneurship important?

Digital body models may become increasingly popular, especially among young people who are spending more and more time on the internet and in the digital space. Books, music, movies, photos and more are stored in digital files on your hard drive or in the cloud.

When a user purchases NFT, NFT is the user and controls their needs as well as their physical purchase. NFTs can be traded, sold, borrowed, borrowed or held. Early examples of NFT included art, games, sports memorabilia, and writing.

NFTs offer developers new ways to make money, through traditional brokers. Fans can engage directly with the developer and prove their success. The NFT model is better for manufacturers. Work directly without depending on the average person (for example, artists who have sold works of art to the theater in the past to receive wages or salaries) from the library). For fans, the NFT model is better. This is because fans can own NFT directly and have more interactions when fans support artists and designers.

Artists and producers have benefited from these new distribution models. For example, artist Matt Kane sold long works of art at local venues and last year sold over $ 100,000 worth of art on the blockchain. Photographer Justin Aversano has earned over $ 130,000 selling 100 portraits with NFT in his "Twin Flames" series. Former MLB player (later renamed the show) Micah Johnson has sold NFTs worth over $ 1 million, including digital graphics and $ 305,000 in body art.

NFTs have a unique quality. This means that it can keep up with blockchain technology, allowing artists to benefit from a second sale.. 21-year-old artist Robbie Barrat sold the paintings for $ 176 in 2018. When the artwork sold for 100 Ethereum in 2021, it grossed around $ 11,000. For sale is Robbie's former seller. I won 62 times as much.

In the spring of 2021, the popularity of NFTs will explode as more and more familiar people enter NFTs. The NBA Topshots (NBA Official Collection) totaled $ 200 million in sales, but the trade costs were very low. Pop music Katy Perry and NFL player Rob Gronkowski launched NFT for fans. Like Ellen DeGeneres and King of Leon, at a time when there was a global epidemic of new lung diseases and no-show, they sold NFTs to raise funds. In April 2021, auction house Sotheby's hosted the first NFT competition in collaboration with famous digital artist Park.Since NFTs are digital authentication devices, they have many applications outside the design industry..

chain around

What is a chain game?

Chain circuit:Blockchain-based games refer to games developed by blockchain technology. The main difference between racing games and popular games like Fortnite, Roblox, or Minecraft is that everything in the game can be exchanged for cash and then exchanged for capital in other games..

And that's just the beginning. Blockchain based games are expected to bring a new digital world and market development.

Why are chain games important?

The Blockchain game provides an example of how decentralized technology can create new ways for developers to make money. -Global currency, middle market exchange and beyond the game.

Blockchain gaming has also supported the development of the 'cash games' model. Games like Axie Infinity allow people to earn real money while playing. As COVID-19 spreads everywhere, some Filipinos are turning to games like Axie Infinity for cash to alleviate financial hardship through isolation.

Although we are still a long way from the experience of the endless digital world that historians of scientific research have described, the transmission has allowed people to experience the past in virtual. For example, people use virtual characters to join parties or meetings, and organize meetings in virtual meeting rooms, etc., providing information as convenient as possible."Fortnite" game users buy more digital apps for themselves in-game and also attend Travis Scott concert on "Fortnite" (over 12 million users). While these games and platforms are still largely controlled by top-down developers, these studies are slowly starting to show the world's expectations. The domains have no borders for the future. Anyone can contribute to growth.