In the past two years, I’ve been fascinated by the rise of web3.
What is web3? Great question!
Web1 was when everything started on the internet. You needed to do everything by yourself. I still remember those days, when you needed to maintain a server and write HTML to ‘post’ something to the world. Around 2004 (more or less) – We saw ajax coming and suddenly gmail/google maps and other ‘sites’ showed us the power of web-app.
Moreover, web2 centralized everything into platforms (e.g. Twitter, Google, FB, Netflix, Amazon etc’), and web3 will decentralize everything.
Web3 should give us the richness of web2, but decentralized.
If you wish to test the water, the first thing you need to do is to install a browser wallet.
It’s a process that you need to do carefully (=keep your password/12-24 words in a safe place) because no one could help you in case you will lost it.
WALLETS
- Hardware: I got the Ledger Nano X but another good option is Trezor.
- Desktop: I like Exodus and (of course) you need Metamask in your browser. Btw, Brave got a wallet as well but with Metamask it will be ‘easier’ to start ‘trying’ the NFT world as well.
- Mobile: Exodus , Jaxx and/or Trust Wallet
_ ** ** Do NOT buy any hardware wallet from third-party resellers such as Amazon or eBay.
Only buy units from the OEM to ensure that you are getting a clean device._
Next, you wish to buy some tokens (e.g. BTC, ETH, SOL etc’) – You can do it in one of the exchanges below.
EXCHANGES
- Coinbase – The easy way to get into the crypto world.
- Gemini
- Binance.US – large number of supported coins. But sort of centralized solution.
- Kraken – Decent staking options
Now, let’s create ourselves a ‘portfolio’ and watch the market:
MARKET DATA, PRICE INFO, NEWS AGGREGATORS, MARKET ANALYSIS, ONCHAIN METRICS
- Messari.io – onchain metrics and market data. They got one of the best UX/UI.
- CoinMarketCap – a market data and news aggregator.
- CoinGecko – market data and news aggregator.
Wish to learn more? There are many podcases, club-house talks and youTube channels.
CRYPTO PODCASTS
- proof.xyz – All about NFTs: Artists, Developers and everything else.
- modern.finance – New crypto projects and some interesting conversations.
- Bankless – A great analysis and discussions of ETH markets
NFTs marketplaces
DEFI RESOURCES
- DefiRate – Mostly info on Ethereum Defi.
- Defi Llama – Defi yield info aggregator and has nice metrics on TVL and potential airdrops.
- The Defiant (Defi 101)
Wish to learn on the current gaps of #web3 – Here is a one good summary.
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