JOMO NFT Collection

Embracing JOMO: The JOMO Effect NFT Collection Revolutionizing Web3 for Mental Well-being

In a world that is constantly connected, the fear of missing out (FOMO) has become a pervasive issue, especially in the Web3 space. However, a mental health collective called Peace Inside Live is challenging this narrative by launching the JOMO Effect NFT collection. This collection of digital art pieces aims to shift the focus from FOMO to the joy of missing out (JOMO), ultimately promoting mental well-being and balance in the digital realm. Artistic Reflections: The JOMO Effect NFT Collection Celebrates Mental Health through Digital Art The JOMO Effect NFT collection showcases a diverse range of digital art pieces created by over 40 talented creators. Each artwork represents different aspects of mental health, encouraging viewers to reflect on their well-being and find moments of joy in disconnecting from the constant stream of information. What sets this collection apart is its purpose beyond aesthetics—the primary sale profits from the NFTs will be donated to five mental health charities, including the American Foundation for Suicide Prevention. Accessible and Valuable: Minting and Benefits of the JOMO Effect NFT Collection To ensure accessibility, the JOMO Effect NFT collection is available for minting on the Magic Eden marketplace via Polygon. Collectors have the opportunity to acquire these unique pieces of art at affordable prices. In addition, participating collectors gain access to valuable resources such as Chopra’s Soul of Leadership course, mindfulness materials from Peace Inside Live, and exclusive discounts for Unstoppable Domains. Spotlight on Mental Health: The Timely Launch of the JOMO Effect NFT Collection The launch of the JOMO Effect NFT collection comes at a crucial time when mental health is in the spotlight. The digital world can often exacerbate feelings of FOMO, leading to anxiety, stress, and even depression. By actively promoting JOMO, this initiative seeks to create a healthier and more balanced approach to the Web3 space. Navigating Web3: Personal Insights on FOMO Challenges in the Digital Space Web3 technology offers immense potential for innovation and disruption, but it’s equally important to acknowledge its impact on mental health. This writer, like many others, has personally experienced the challenges of FOMO in the Web3 space. To ensure transparency, the writer maintains journalistic integrity by not holding any significant amount of cryptocurrency beyond their compensation. Promoting Balance and Transparency: Journalistic Integrity in the Web3 Landscape The JOMO Effect NFT collection serves as a powerful reminder to address mental health challenges in the Web3 ecosystem. It encourages individuals to find a sense of balance by embracing moments of disconnection, self-care, and mindfulness. By prioritizing mental well-being over constant engagement, we can navigate the Web3 space with greater resilience and a healthier perspective.In conclusion, the JOMO Effect NFT collection represents a groundbreaking initiative in the Web3 landscape. It fosters a positive shift towards embracing JOMO and valuing mental well-being. By supporting this collection, individuals contribute to mental health charities while gaining access to transformative resources. Let’s embrace JOMO, find joy in missing out, and cultivate a more balanced and mindful approach to the digital world.

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What is Web3?

What is Web3? Understanding the Latest Version of the Internet

Web3 is the latest version of the internet, and it builds on the previous versions. In this blog post, we’ll answer the question “What is Web3?” and explain what changes we can expect to see. We’ll also cover how the internet has evolved so far and what trends we can expect to see in the Web3 environment. Web1.0 and Web2.0: Previous Versions of the Internet The first version of the internet was called Web 1.0, which lasted from 1989 to the early 2000s. It was a read-only web that was intended to share information. The second version of the internet, called Web 2.0, is what we use today. It allows people to interact with what they see online through comment sections, social media, and more. Information can be stored in cloud storage and viewed on various devices, including tablets, mobile phones, and computers. Web3: Read-Write-Own Version of the Internet Web3 is considered the read-write-own or read-write-execute version of the internet. It builds off the previous generations and adds to them. Web3 is about decentralization, privacy, machine learning, and safety. Decentralization makes online communities owned by everyone, with transparent information sharing. Information will be freely shared and stored in many locations, and everything will be shared by DAOs (Decentralized Autonomous Organizations). DAOs are groups built for one purpose, community run, relying on each member within the DAO to work in the best interest of reaching a common goal. Blockchain: Transparent Ownership Registration Blockchain is considered a pivotal part of decentralization. Ownership of things on the internet will be registered on the blockchain, which is a transparent and publicly accessible data system that allows anybody to see what goes on in it. Personal identity isn’t revealed unless users decide to share their real identity by tying their blockchain wallets (think of this as your Web 3.0 ID) to their personal information. Encryption and Machine Learning: Contextualizing Information Encryption is another part of Web3. It basically ensures that no one can access data except for the intended parties. Machine learning is another part of the Web3 puzzle. It’s about contextualizing information much like the human brain. Beyond just knowing what the information is, the AI would understand the meaning and emotion behind the information, serving it up to humans in a more intelligent way than search engines do today. In conclusion, Web3 is the latest version of the internet, and it builds on the previous versions. It’s about decentralization, privacy, machine learning, and safety. Web3 will eventually shape what the metaverse is and how we shop, and it will keep our data more secure. Decentralization, privacy, blockchain, encryption, and machine learning are some trends we are already seeing that will shape the Web3 environment.

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Mastercard Launches Second NFT Offering | Supporting Up-and-Coming Artists

Mastercard Launches Second NFT Offering

Mastercard, one of the world’s largest financial services companies, has launched its second non-fungible token (NFT) offering. This comes as part of its partnership with Polygon to support up-and-coming artists through the Mastercard Artist Accelerator program. During the NFT.NYC conference, the company unveiled NFTs that provide entry to this program. The Mastercard Music Pass NFT can be redeemed by music and Web3 enthusiasts until the end of the month.  Participating Musicians in the Mastercard Artist Accelerator Program The participating musicians in this program have been announced as R&B soul singer Young Athena, Venezuelan vocalist Manu Manzu, Nigerian-based artist LeriQ, pop sensation Emily Vu, and West Indian hip-hop/pop-soul artist Cocoa Sarai. These artists will receive guidance from five experts and access to an AI-powered music studio by Warpsound.  Mastercard’s Aim: Understanding Blockchain and Digital Assets Mastercard’s aim is to help people and partners worldwide understand blockchain and digital assets better while also demonstrating how Mastercard technology can support this ecosystem. “We also believe that Web3 has the potential to powerfully connect people and build communities around shared passions,” added the Mastercard executive. Mastercard and Polygon Support Up-and-Coming Artists The NFTs are designed to give the selected artists the chance to kickstart their content creation, obtain mentorship, and acquire tips for using blockchain to monetize their work and build a fan community within the Web3 environment. This marks the company’s second NFT offering since June 2022 when it collaborated with Moonpay, Nifty Gateway, Candy Digital, The Sandbox, Immutable X, Spring, and Mintable to provide NFTs for cardholders. The Mastercard Artist Accelerator Program and Music Pass NFT In conclusion, Mastercard has launched its second NFT offering, providing entry to the Mastercard Artist Accelerator program. The Music Pass NFT can be redeemed until the end of the month. This partnership with Polygon aims to support up-and-coming artists, while Mastercard demonstrates how blockchain technology and digital assets can be used to build communities around shared passions. With more and more companies like Mastercard embracing NFTs and blockchain technology, we can expect to see even more innovative uses for NFTs in the future.

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How Web3 Transitions Begin with Domain Name Purchase

How Web3 Transitions Begin with Domain Name Purchase

Web3 domains as blockchain identities The transition from Web2 to Web3 has become a hot topic in the blockchain industry, and it often begins with a domain name purchase. Web3 domains are like blockchain identities stored in a crypto wallet as an NFT. They are essential for interacting with blockchain apps, and they can be used for website hosting, building, or receiving crypto payments. Top blockchain domain name providers for Web3 users Unstoppable Domains and Ethereum Name Service (ENS) have emerged as top blockchain domain name providers for Web3 users. As interest in the sector surges, companies have been lining up to drive Web3 utility initiatives. Domain name services have seen a jump in interest and adoption in the last year, with Unstoppable Domains alone having over 3.3 million names registered, while ENS has over 2 million. Big brands exploring Web3 and the metaverse According to Sandy Carter, COO of Unstoppable Domains, there’s no shortage of big global brands exploring Web3 and the metaverse. Nike, Starbucks, Porsche, and Build-a-Bear are among the brands that have launched their individual Web3 strategies. Carter believes that more companies will follow suit and promises an influx of industries in the space, including food services and transportation. Fashion in the metaverse: a hot trend Fashion in the metaverse has also become a hot trend, with Gucci, Prada, Ralph Lauren, Dolce & Gabbana, Burberry, Christian Dior, and Zara experimenting with Web3 technologies. They are creating unique digital assets that customers can purchase and collect. Carter expects more fashion brands to enter the space, along with other industries such as automotive, sports, technology, hospitality, and retail. Getting a Web3 domain name Getting a Web3 domain is relatively simple, with no formal industry-wide prerequisites to secure one. Once you’ve decided which service to use, look up the instructions and check if your desired address is available. Then proceed to pay. In conclusion, the Web3 transition begins with a domain name purchase, and Unstoppable Domains and ENS have become top providers. With big global brands exploring Web3 and the metaverse, more industries are expected to enter the space. Getting a Web3 domain is simple, and anyone can purchase one with ease.

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How NFTs have evolved in 2023?

How NFTs have evolved in 2023?

NFTs: From Hype Trading Cards to Practical Use Cases Non-fungible tokens (NFTs) have come a long way from being mere hype trading cards. As the concept evolves, they have gone on to capture mass attention, turning into more solid use cases. These tokens are unique digital assets that can take any form and represent distinct ownership. They are fast gaining popularity in various sectors, from real estate to gaming, tourism, and even cultural heritage preservation. NFTs are now being used to represent educational degrees or professional certifications, enabling secure and verifiable proof of credentials. Real Estate Investors Turn to Fractionalized Market with NFTs In the real estate sector, investors are seeking to diversify their investment options, and since housing prices are so high, they have found that opting to buy just a chunk of real estate can be a logical solution. The appetite for fractionalized real estate market has grown, with investors hungry to diversify their investment options. NFT Gaming and the Transition from Web2 to Web3 NFT gaming is also growing popular, with NFT marketplaces having already seen over $700 million in daily volume. Companies like Sony, Polygon, and Yuga Labs are making significant bets on NFT gaming. The convergence of NFTs, gaming, and sports fandoms represent a critical inflection point for the transition from Web2 to Web3. By enabling digital ownership, the sector can realize the potential for game interoperability and monetization, taking utility and composability to the next level. Indonesia’s Ministry of Tourism and Cultural Heritage Preservation with NFTs Indonesia’s ministry of tourism is also using NFTs to maintain records of its heritage, and in the process, boosting virtual tourism. Web3 platform Quantum Temple is working closely with the Southeast Asian country to tokenize both tangible and intangible forms of its cultural heritage. Starbucks Launches NFT Collection, The Australian Open Goes Metaverse In the experiences sector, Starbucks recently launched its first collection of NFTs called “Journey Stamps.” The cafe chain sold 2,000 NFTs for $100 each in just 20 minutes of its release. The Australian Open was the first grand slam to enter the metaverse, minting the AO Art Ball NFTs linked to live data like match points on the blockchain. This project offered people around the world a unique chance to own a select piece of the AO experience, such as a specific moment during the tournament. Ticket Sales and Car Titles: NFTs in Other Sectors NFTs are also being used to tokenize ticket sales, with Ticketmaster opening access to event organizers to issue NFTs tied to tickets. The American ticket sales company allows partners to sell NFTs with tickets on the Flow blockchain. Metal band Avenged Sevenfold was the first to use Ticketmaster’s “token-gated sales” concept, meaning fans would have early access to concert tickets and other special events using NFTs. Finally, California’s Department of Motor Vehicles is piloting a program that uses NFTs to tokenize car titles, making them easier to transfer and exchange. As the mainstream infatuation and hype surrounding NFTs subsides, the professionals remain. It is clear that NFTs are being utilized by professionals across a plethora of fields with several noteworthy use cases. As they continue to gain momentum and popularity, it is clear that they have a wide range of practical applications in various sectors, making them an essential element of Web3.

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¿Qué es Web3? Entendiendo la próxima evolución de Internet

What is Web3? Understanding the Next Evolution of the Internet

The World Wide Web has come a long way since its inception. From Tim Berners-Lee’s creation of open, decentralized protocols that allowed information-sharing anywhere on Earth to today’s Web, which has been monopolized by large technology companies. But, with the introduction of Web3, a new era of the internet is beginning to take shape. What is Web3? Web3 is a new vision for a better internet that embraces decentralization and is built, operated, and owned by its users. It uses blockchains, cryptocurrencies, and NFTs to give power back to the users in the form of ownership. Unlike Web1, which was read-only, and Web2, which was read-write, Web3 is read-write-own, allowing users to own their digital assets in an unprecedented way. Why is Web3 important? Web3 has four core principles that guide its creation: decentralization, permissionlessness, native payments, and trustlessness. These principles allow for direct ownership of digital assets through non-fungible tokens (NFTs) and create a trustless environment that operates using incentives and economic mechanisms instead of relying on trusted third parties. Ownership Web3 gives users ownership of their digital assets in a way that was not possible before. In Web2, if a user purchased an in-game item, it was tied to their account. If the game creators deleted their account, they would lose these items. Web3 allows for direct ownership through NFTs, which no one, not even the game’s creators, can take away. And, if a user stops playing, they can sell or trade their in-game items on open markets and recoup their value. Censorship Resistance Web3 also allows for censorship resistance, which is not possible in Web2. The power dynamic between platforms and content creators in Web2 is imbalanced. For example, in August 2021, OnlyFans announced plans to ban sexually explicit content, which sparked outrage amongst creators on the platform. On Web3, a user’s data lives on the blockchain, and they can take their reputation with them if they decide to leave a platform. Conclusion Web3 is the next step in the evolution of the World Wide Web. It allows for direct ownership of digital assets and creates a trustless environment that operates using incentives and economic mechanisms. It also allows for censorship resistance, which is not possible in Web2. With Web3, the power is in the hands of individuals rather than corporations.

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Kraken se asocia con Williams Racing

Kraken Partners with Williams Racing

Kraken Becomes First Official Crypto and Web3 Partner for Williams Racing San Francisco-based cryptocurrency exchange Kraken has announced its first global partnership deal with Williams Racing, becoming the British Formula 1 (F1) team’s first official crypto and Web3 partner. As part of the deal, Kraken’s branding will feature on the rear wing of Williams cars, driver’s suits, and caps for the remainder of the F1 World Championship Season, starting with the Australian Grand Prix. What This Partnership Means for Crypto and F1 Fans Kraken will also collaborate with Williams to design limited-edition caps for select races and provide pop-up experiences and F1 Fan Zone initiatives throughout the season. Moreover, Kraken users with NFT artwork will have the chance to feature their artwork on the rear of Williams’ race cars during selected Grand Prix events. Leading third-party NFT projects like Bored Ape Yacht Club and World of Women will be featured, among others listed on Kraken’s marketplace. Other Crypto Brands with Active Deals with F1 Teams Although some cryptocurrency sponsorships have collapsed, Kraken joins other crypto brands with active deals with F1 teams. McLaren has partnered with Tezos and OKX, Alpine has a deal with Binance, Haas with OpenSea, and Red Bull Racing’s $150M deal with Bybit, signed in February 2022. Crypto.com also holds naming rights to F1’s Miami Grand Prix. In conclusion, the partnership between Kraken and Williams Racing offers fans cutting-edge crypto and Web3 experiences while providing Kraken the opportunity to reach new institutional clients and businesses through Williams Racing’s network and events. En conclusión, la asociación entre Kraken y Williams Racing ofrece a los aficionados experiencias de cripto y Web3 de vanguardia, al mismo tiempo que brinda a Kraken la oportunidad de llegar a nuevos clientes institucionales y empresas a través de la red y los eventos de Williams Racing.

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Revolutionizing Mental Healthcare: How Web3 and Blockchain Technologies are Changing the Game

Revolutionizing Mental Healthcare: How Web3 and Blockchain Technologies are Changing the Game

The Power of Online Traditional Therapy Sessions in the Metaverse In today’s digital age, mental health support has become more accessible than ever before. One innovative approach that has been gaining traction is online traditional therapy sessions based in the metaverse, where people can access a community full of individuals who share similar issues and offer 24/7 support. Innerworld: A Mental Healthcare Platform Leveraging the Potential of VR Innerworld, a mental healthcare platform, leverages the power of virtual reality (VR) to provide effective peer-to-peer support via Cognitive Behavior Therapy and Dialectical Behavioral Tools. The platform underwent three years of clinical research before its launch, proving its potential to help individuals struggling with mental health issues. Web3 Tools for Secure, Encrypted Communication in Mental Health Support Moreover, Web3 tools such as blockchain, artificial intelligence, and robots are the building blocks of the next generation of healthcare. They can also be used to create secure, encrypted communication systems between individuals and mental health professionals, offering a safe space for people to discuss their thoughts and feelings without fear of judgment or stigma. The Potential of Blockchain Technology for Secure Medical Record Storage Blockchain technology can store medical records securely so that they cannot be tampered with or accessed without the patient’s permission, while AI-powered chatbots can help individuals seeking support by triaging symptoms before connecting them with appropriate care providers. AI-Powered Chatbots for Effective Symptom Triage and Care Provider Connection Decentralizing access to mental health support is crucial to ensure that everyone receives the care they need. Web3 and blockchain technologies have the potential to revolutionize the delivery of mental health services, making them more accessible and secure for all. The industry must continue to explore and develop these technologies to ensure that mental health support is available to everyone in a secure and private manner. As we continue to embrace digital innovation, we must prioritize mental health and leverage technology to provide accessible and effective support to those in need.

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web3-security

How secure is Web3?

Privacy and stability when surfing the Internet are very relevant components. Web 3.0 is the next generation of the Internet, whose main focus is to make it more private and secure to enter a website. Web 3.0 improves privacy and security Web 3.0 is the name given to the evolution of an Internet with more relationships between users. The purpose is to be able to generate content through different applications beyond the browser. Web 3.0 is based on technologies such as blockchain, which will decentralize the Internet and give more power to users. So we won’t have to trust our own data to huge organizations. The most relevant point is that it will remove the centralization of data in third parties. The users themselves will be able to produce content or engage in communications without such information previously passing through a third party that manages to control it. Users will have the ability to see the blockchain records and how those applications we use will use our own data. This will minimize the danger that mismanagement of a company in which we have our own data could lead to leaks and privacy issues. Secure software Web3 does not harm people’s personal information within the scope of its explained principles. Since the software for Web3 is programmed in a manner equivalent to high security protocols, there is no command to change their minds. In this case, these are software designs that have no preference for being malware. Web3 is ahead in terms of infrastructure and communication security in a more advanced technology. Stability is improved with Web3 Thanks to improved stability, the risk of data leaks by hackers is reduced, as they will no longer be able to use them for malware infiltration, phishing attacks and any other means of stealing passwords or infecting victims’ systems. Is Web 3.0 an optimization in privacy and security? For the time being, we do have the possibility to maintain privacy and stability when navigating, to have good stability programs and to have everything updated in order to avoid access to viruses and other threats.

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Cryptowallet

First steps to enter Web3

The first step to enter Web3 is the opening of a wallet. Currently one of the community’s default options is the MetaMask wallet, as this has been the key to access most Web3 applications. This wallet not only gives the possibility to trade cryptocurrencies directly from its platform, but also makes it easy to connect to decentralized applications in a complete way. Opening a wallet is the first step in Web3 MetaMask works as a chrome extension, once we have it installed in our browser, we will see the face of a fox at the top right on the extensions site, click on the fox face, and we can start configuring our MetaMask wallet. From here, you will be presented with a step-by-step tutorial on how to set up your MetaMask wallet. The most important thing during your creation process is to always keep in mind and save your password along with the seed phrase. dApps Once you finish the MetaMask configuration, you have the login key to enter the decentralized applications. For example, if we log into OpenSea, which operates on the Ethereum network, we must make sure that our wallet is connected to the primary Ethereum network. Some exchanges or metaverses will automatically offer you to connect to their network, but for some of them we will have to connect manually, that is why if you need it, MetaMask itself has a section where they help you with this process. Buy crypto in MetaMask To start trading cryptocurrencies, we can do it directly from MetaMask without the need to go through a centralized exchange, such as Coinbase or Binance. However, if you have cryptocurrencies on some of these exchanges, you can easily transfer them to MetaMask by copying the address of the wallet that appears in the main part. The process of trading cryptocurrencies through MetaMask is simple. Once the process has been carried out, in just a few minutes the bitcoins or ethers we have purchased should appear in our MetaMask. This space is important because lately the cryptocurrency exchanges are having a bad reputation for things like what happened to FTX, which is why many people choose not to have their cryptocurrencies there despite the facilities they can give us and have them only in wallets like MetaMask or Cold wallets.

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Web3

Is Web3 the future?

The future of the internet seeks more transparency and decentralization, which is why it will be defined by technologies such as Web3, the third version of the World Wide Web. What is Web3? The most critical aspect of Web3 is that it stores all the data on a blockchain, which is a decentralized database. No single organization can maintain control of this database on its own and it is pretty transparent. As a result, individuals can look at the data they find on the blockchain and use it for AI, robotics, finance, and supply chain management applications. Why is Web3 the new thing?  The distributed and decentralized nature of the Web3 network will make it difficult for institutions to control certain information and points. However, you should also consider the positive results of Web3 that there is the possibility of sharing information, helping, and doing business in ways that were previously not possible. Web3 as a new path to the original A few years ago, you might have thought that the Internet provided access to information at your fingertips. However, the Internet has become a hotbed of infinite modalities, with numerous novel subcultures and online societies popping up around every corner. Less intervention Not only is decentralization coming, but Web3 applications also have smart contract functionality. This means that transactions and agreements can be automated and performed automatically, removing the need for trusted third parties to monitor each relationship.

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web3 crypto

Top 10 cryptocurrencies of Web 3.0

Web 3.0 is a term used to describe the next generation of the Internet that goes hand in hand with emerging technologies such as blockchain, smart contracts, cryptocurrencies, artificial intelligence, and machine learning. You can get into this Web 3.0 by investing in a selection of top-notch projects that we will discuss shortly. What are Web 3.0 cryptocurrencies? The next generation of the Internet will come with Web 3.0. This will take things to the next level, with a strong focus on emerging technologies such as: Web 3.0 will be made up of all of the above technologies and phenomena. And, if you want to invest in the broader growth of this industry, you can buy Web 3.0 cryptocurrencies like the ones we will discuss below, as they will be at the heart of the Web 3.0 ecosystem. The top 10 cryptocurrencies with a strong connection to Web 3.0 are the following: 1. Tamadoge One of the most interesting projects that are still in the pre-sale phase is Tamadoge. An ecosystem with a roadmap that bets on longevity with the development of the Metaverse, NFTs , and augmented reality applications. Its utility token is the TAMA, used in the platform to grant rewards and move the project, this token works under the ERC-20 protocol over the Ethereum network and is characterized by being deflationary. The game consists of minting Tamadoge pets as baby NFTs, once they grow up they will be able to fight to earn points and finally be rewarded with TAMA on a monthly and recurring basis. 2. Battle Infinity Battle Infinity is a decentralized project that provides users and creators with the Battle Arena space, a metaverse platform that has deployed 6 different P2E games that users can participate in and players can purchase virtual terrain plots structured as NFTs in games. P2E with IBAT. At the center of Battle Infinity is IBAT, the platform’s utility token. Which are built on Binance Smart Chains (BSC) and work as a BEP-20 protocol. The tokens act as in-game rewards for participants, and can also be wagered in global liquidity pools in exchange for other cryptocurrencies. 3. Ethereum Ethereum belongs to the best accessible Web 3.0 projects. The reason is that Ethereum is at the heart of the Web 3.0 ecosystem as we know it today. Another fundamental aspect of the Ethereum ecosystem is that it enables anyone, including Web 3.0 projects, to produce and deploy smart contracts. Furthermore, Ethereum, which was first launched in 2015, is one of the best-performing cryptocurrencies in recent years. For example, in a period of 5 years, the cost of Ethereum has increased by almost 5,000%. 4. Uniswap A term you constantly come across when searching for the best Web 3.0 cryptocurrencies to trade is “decentralization.” And, in the Uniswap situation, this top-notch plan is at the heart of the decentralized business. This is because the Uniswap platform which is built on top of the Ethereum blockchain that we have already talked about makes it possible for people from all over the world to trade and sell cryptocurrencies in a decentralized way. 5. Basic Attention Token Currently, marketing agencies pay websites to display their ads, but none of that revenue reaches those who view the right material and this is where Basic Attention Token aims to change the status quo. From the perspective of digital marketing agencies, the Basic Attention Token ensures that advertising funds are used correctly. You can benefit from the Basic Attention Token increase by buying its BAT cryptocurrency. 6. Decentraland The Metaverse is to build a bridge between the digital world and the real world through virtual reality. At the forefront of this is Decentraland, one of the top coins in the metaverse, hosting a hugely successful game world that allows users to invest in digital plots. Most importantly, several real estate projects in the Decentraland ecosystem have sold for millions of dollars, which shows that this Web 3.0 ecosystem already has a criteria test. MANA, which is the native token of the Decentraland ecosystem, is one of the top Web 3.0 blockchain coins in terms of performance. 7. Yearn.finance Yearn. finance plays a role in the future of Web 3.0 with its decentralized lending protocol. Since Yearn. finance makes it possible to facilitate loans without jurisdictional limitations or credit checks in a decentralized way. This would be because users can borrow cryptocurrencies in exchange for placing collateral. The person will then pay the interest on the borrowed funds. For example, by depositing your digital currencies on the Yearn. finance platform, the funds will be used to facilitate the loans. 8. Cosmos Cosmos has an innovative plan that solves the current “blockchain interoperability” problem. For those of you who don’t know, interoperability has to do with the ability of different blockchains to connect and communicate with each other, which ordinarily might not be feasible. And as such, each of the best cryptocurrencies on the market can communicate with all the respective blockchain networks through Cosmos. The project has its native digital token, ATOM, which you can easily trade. 9. The Graph Blockchain protocols facilitate a significant portion of transactions, which, in parallel, can offer room for efficiency issues for the respective network. The good news is that Graph is already doing some work on this with its creative blockchain indexing tool, so once blockchains connect to the Graph protocol, their data is automatically indexed. From an investment perspective, you can benefit from the growth of the Graph and its indexing tool by buying GRT tokens. In short, any blockchain network that uses the tool will have to pay fees in GRT, which in parallel can help its market cost. 10. Tron This plan originating in China could play a fundamental role in the future of Web 3.0, among other things since it returns the content to its rightful owner: the author. This means giving up a significant part of the revenue that the respective content creates.

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we3-connections

Key features of Web3

Web 3.0 talks a lot about blockchain, the internet of things, and AI. This new generation of the Internet will influence websites, applications, and all kinds of devices that manage to connect to the Internet. In this new version of the web, the client becomes more protagonist, allowing greater connectivity between devices and individuals, and giving them greater control over their data and information. The personalization of Internet services is key to understanding what Web 3.0 is. What does the evolution of the network offer? 1. Intelligent searches: Web 3.0 seeks to create a new system for classifying web pages closely linked to the needs and characteristics of users. 2. The evolution of social networks: Social communities on the Web are growing, as are the ways of connecting to these networks both in number and in the level of complexity. 3. More speed: The main telecommunications operators have implemented broadband connections to guarantee a more satisfactory user experience. 4. Connectivity through more devices: Web 3.0 improves the possibilities for users to connect through cell phones, tablets, watches, and more devices. 5. Free content: Free software and ‘Creative Commons licenses are much more common in Web 3.0. Three-dimensional spaces: There will be new ways of visualizing the web, with three-dimensional spaces. 7. Geospatial Web: Users can access information available on the web-based on their geographic location. Ease of navigation: New design trends seek to establish certain standardizations that make the user’s browsing experience easier. Cloud computing: The web becomes an executable space as a universal computer. 10. Data linking More and more information services can aggregate data from other sources to unify the answers they provide to users.

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the-graph

Is web3 a cryptocurrency?

The concept of Web3 is one that we have already heard a lot these days and that is gaining more and more strength in the world. Although Web3 is not a cryptocurrency, it is something that will be able to boost them. An example of a good integration between Web3 and a cryptocurrency is The Graph (GRT). What is The Graph (GRT)? The Graph is an open source protocol, designed in the spirit of decentralization to collect information from the blockchain without third-party collaboration. With the launch of The Graph’s primordial network, a network of service providers was built where decentralized applications (dApps) have the possibility to operate seamlessly and with the blockchain information easily accessible. How is the market? The Graph had a public marketing and a private marketing, raising $12 million from its public token marketing. The Graph raised $5 million quite a bit more from a private marketing funded by Coinbase Ventures, Digital Currency Group, and Framework Ventures. Data from Cointelegraph Markets Pro and TradingView present that since touching a low of USD 0.34 on January 24, GTR has made several attempts to steadily break above the primary degree of support and resistance at USD 0.48. How does The Graph work? The Graph protocol enables developers and network competitors to use public and open APIs to build subgraphs for a variety of dApps, and to query, index and collect information. The network is supported by the Graph Node and developers and competitors of the network have the possibility to use GRT tokens to pay for the use and construction of subgraphs. In addition, in The Graph network customers consulting subgraphs have the possibility to pay network competitors with GRT tokens through a portal. What makes The Graph network important? The Graph network has been launched as the first blockchain scheme of its kind. As the first decentralized marketplace for querying and indexing information for dApps, The Graph has a unique utility. The Graph is the first decentralized marketplace to address efforts related to building dApps in terms of solving indexing drawbacks and ownership concerns. The growing fame of Web 3.0 The overall purpose of Web 3.0 is to move beyond the current way of the Internet, in which the vast majority of data and content remains controlled by huge technology organizations, to a more decentralized realm in which public data is more freely available and individual data is controlled by individuals.

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web3andmetaverse

Are Web 3.0 and metaverse the same thing?

Lately in the world of cryptocurrencies and the internet of things we have heard concepts such as the metaverse and Web3. These concepts are still in development and both promise monumental changes to what we know as the internet as a large part of their integration is blockchain technology. Although both concepts may come together in many articles or commentaries, especially those dealing with cryptocurrencies, it is inescapable to equate metaverse and Web3 because of their differences in criteria. Metaverse and Web3, the internet of the future In common, metaverse and Web3 employ technologies concerning the blockchain and both have faithful believers that they are the direct future of what the internet is in our daily lives. The metaverse is practically a network of virtual universes in 3 magnitudes, a sort of social network that bet on immersive experiences due to technologies such as virtual reality. The most common at present is gaming and entertainment, but in the medium term, activities focused on teaching, massive virtual events such as concerts or movie previews, etc., could be carried out. For its part, Web3 aims to be an evolution of the current World Wide Web by integrating decentralized protocols through blockchain so that the user has more privacy. The differences between Web3 and the metaverse If the difference between these two titans of the new Internet can be summarized in a short sentence, it is that both are based on the use of blockchain but seek different ends. In the metaverse, the blockchain is used to detect the customer and/or to make purchases or acquire tokens or cryptocurrencies and at a technical level, the Web3 is based on the blockchain 100%, looking for a decentralized and democratic life. Two proposals united by the blockchain The metaverse wants to erase the physical restrictions of virtual space for use in video games, social events, work, health, and so on. For its part, Web3 wants to empower the Internet customer and make the Web more accessible and less dependent on corporate giants. But undoubtedly what most defines the interrelationship between Web3 and the metaverse is the use of cryptocurrencies, tokens, and NFTs, and, finally, crypto-wallets.

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web3-integration

Examples of Web3

Web 2.0 and Web 3.0 refer to continuous iterations of the web, compared to the original Web 1.0 of the 1990s and early 2000s. Web 3.0 examples. Web 3.0 applications Referring to the crypto world, these are the applications that are promised to arrive and will be made available to everyone on this web. 1. Blockchain The blockchain is a record of transactions. Every time a new “block” of transactions is added to the chain, the copies in the database must be matched and modified. It can be used for any application to keep a record of transactions , however, most individuals associate it with cryptocurrencies, which we will address next. 2. Cryptocurrency Cryptocurrency (also successful as “crypto”) is a decentralized digital cash that is not controlled by any regime or central authority such as a bank. The supply of cryptocurrency is augmented by “mining”, which gives computational power to realize the blockchain in exchange for new currency. 3. The Metaverse In the Metaverse , your digital resources mingle with the natural planet and interact with the web in a much more “physical” way. It is a bit like the virtual planet of Ready Player One or any game of this era. Non-fungible tokens (NFT) NFTs are another cornerstone of Web 3.0. NFTs are essentially a form of cryptography, however, each NFT is unique and cannot be modified by another. NFTs are tied to digital or physical assets in the same way that a paper title to a home represents ownership. 5. Smart contracts A smart contract is only as good as the terms and logic in it, however accepting that the contract is fair, then a smart contract is going to be made to perform fairly.

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web3

What is the Web3?

The evolution of web 2.0 brings the promise of decentralization, blockchain technology, and transforming users into owners. Web3 interacts with the evolution of the internet as we know it, and its main characteristic is that it will be a decentralized internet using blockchain technology. The open web Web3 is defined as open, where the cost goes much more to the creators and users and not both to the companies. Fernando Tricas is a computer science teacher at the University of Zaragoza, and defines himself as an “agnostic” on the subject, mostly because he considers that the web3 seems more theoretical than a reality for now. Semantic Web. Web3 or Web 3.0 The name web3.js is a collection of modules to interact with Ethereum nodes through different protocols that would allow interaction with the Ethereum blockchain and this would link, in a certain way, the web3 with Ethereum. He named it the Semantic Web, which aimed at increasing information on the web with the intention that not only individuals could already read its contents but also machines. In naming web3 they decided to disregard this part of web storytelling or the form of computing, making a new branch differentiating it from the previous web 3.0. In the end, web3 could be taken into account as a subset of crypto or a rebranding since in the end what web3 seeks is to be transparent, private, capitalistic, or democratic. Wallets in Web3 Identity is going to be tied to the wallet or digital wallet of the customer participating in it, as digital wallets are entirely anonymous unless the customer chooses to publicly link them to their identity. Since web3 promises to be a model where you must have, you must own tokens or digital assets to participate. What will web3 decentralization look like? There is no server initiative in blockchain-based decentralized networks: each node can store and disseminate content. Web3, therefore, has a model with provider freedom. Because the blockchain cannot be censored, the decentralized composition of such blockchain nodes allows the network to have fewer vulnerabilities. Freedom on the web3 It is conceivable that replication models or larger amounts of content could appear on the blockchain. But censorship or prohibition of certain content becomes much more difficult, because of the blockchain’s characteristics. Conclusion This new website promises a new and complete integration with digital assets and blockchain technology, hopefully, this will mesh well and more people will have access to the new website3.

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