Gelato’s Post

There is no point being in Web3 if you don’t have a bold prediction. Read on to see one. Web3 is not the blockchain, nor is it cryptocurrencies. Rather it is an internet founded & homegrown by user communities Users connected to each other through decentralized ledgers (or blockchain technology). Thanks to the collective nature of the decentralized ledger, every user will have control over the Web3-based organizations they’re part of. Claims exist that Web3 emerged from the need to close a growing gap between users of Web2 organisations & these organisations’ centralized control over proprietary decisions of data ownership, functionality & governance. There is truth in the fact that pre-Web3, many users were unaware of the cost of free-to-use platforms on Web2, a cost that came in the form of rigorous user activity monetization, data mishandling, and misappropriation. But defining Web3 using what it can do is the wrong turn to take. This is an iteration of the internet that features not only a decentralized database for preventing data mishandling but also combines new next-generation tech:  -Blockchain -AI -5G -IoT -The metaverse/VR/AR It’s not to mean a Web3 product will leverage all of this tech but the culmination of these breakthroughs form the building blocks of an open and decentralized internet. -Because of Web3, we will play games and own the stuff within those games, the virtual cars, buildings & wearables. -There will be an entire economy built on top of gaming & for players to access this economy, they will connect their crypto wallets, claim tradeable assets/tokens. In Q1 2024 alone, 2.1 million unique active wallets transacted on the blockchain every day through a decentralized game. -Thanks to Web3, folks in supply chain & logistics will fast-track distribution of products from manufacturers to retailers to end users using unique identifiers signed on non-fungible tokens, thereby eliminating inefficiencies like counterfeits, fraud, & theft --issues that have plagued this sector for years. & there is more, -Like creators unlocking revenue through direct fan engagement. -Users gaining control over their data on using social media platforms, which comes with additional leverage of monetizing their data as they wish. & it does not stop there Since this post is rimmed down to 2,000 characters, which is not enough to cover the complete ideals of the open internet.  It won't be flattery to say of Web3 That the current products we see today reflect a measly percentage (less than half) of how the Web3 sector will look like 5 years from now.    There you have my bold prediction. 📷image: Blockchain games continue to capture a large portion of the Web3 sector’s activity with 30% of all Unique Active Wallets.

What is Web3? 🌍 I know, I know, most of you are already familiar with the term 'Web3'. 😴 But for those who are new or need a quick refresher: Here's a brief rundown on what Web3 is all about 👇 📺 Web 1.0:  From 1990 to 2004/05, Web 1.0 featured static sites, mostly company-owned, with limited user interaction. This era was known for open, decentralized protocols and a 'read-only' web where users mainly consumed content. 💻 Web 2.0:  From around 2004/05 to 2020, Web 2.0 introduced interactive and social platforms, enabling user-generated content. Despite increased interactivity, content and revenue control remained centralized with big tech companies, utilizing user data for advertising. 🌀 Web 3.0:  Starting after Ethereum's 2014 launch, Web 3.0 marks a shift towards a decentralized internet on blockchain. It emphasizes user empowerment, equitable value distribution, and features like verifiability and trustlessness. Individuals can not only read and create content but also maintain ownership over it and its associated revenue streams. This new paradigm allows users to transact their data across decentralized, blockchain-based networks without using third parties. In summary, Web3 moves the world into a token-based economy, where blockchain-powered, decentralized applications enable direct user ownership and monetization of identity and content through tokens. These tokens allow creators and users to benefit economically from web activity without intermediary platforms (middlemen). These tokens are fungible assets, such as crypto or stablecoins, or nonfungible tokens, known as NFTs. 🚀 Web3 vs. Web2:  The key distinction is the move from centralized control (Web2) to a decentralized, community-driven model (Web3). Web3 redefines trust dynamics in transactions, offering a more user-centric and transparent web experience. Overall, Web3 is the next evolution of the internet, combining the best features of earlier eras to forge a more advanced and user-centric digital era. #web3 #blockchain #metaverse #crypto #nft

Web2 vs Web3: The Evolution of the Internet or Just a Passing Phase? Web3, a term popularized by Ethereum co-founder Gavin Wood promises a decentralized, user-centric internet, where "Read, Write, and Own" isn't just a slogan but a reality. It's built on blockchain, aiming for a trustless, permissionless ecosystem where users have control and ownership over their data. 🤔 Web2 vs. Web3: What's the Difference? Web2 might offer speed and user-friendly interfaces, but it's plagued by issues like censorship, centralized control, and data privacy concerns. Web3, on the other hand, champions decentralization and trustlessness, with blockchain technology at its core, facilitating secure, transparent transactions without intermediaries. 💡Real-World Applications of Web3 From supply chain transparency to decentralized finance (DeFi), and from the metaverse to blockchain gaming, Web3's applications are diverse and growing. 🚀 BNB Chain's Role in Web3 Adoption BNB Chain is making strides towards bringing Web3 to the masses by providing affordable, high-performance blockchain solutions. The "One BNB" approach simplifies Web3 app development, aiming for mass adoption with low transaction fees, fast block times, and a unified multi-chain paradigm. 🔍 Web3: A Fad or the Future? While Web3's promise of a decentralized, user-driven internet is compelling, its full-scale adoption is still up for debate. Can it overcome its current limitations to replace Web2, or will they coexist, each serving distinct purposes in the digital ecosystem? The future is uncertain, but one thing is clear: the dialogue around Web3 is shaping the trajectory of the internet, challenging us to reimagine digital ownership, privacy, and participation. What's your take on this digital evolution? Read our article here 👇 https://lnkd.in/dkhEMpxr

🌐 Embrace the Future of Business with #Web3! Here are the #Top10 Trends to Scale Your Business in 2023: 1️⃣ Decentralized Technology: Say goodbye to centralized control! Web3 leverages blockchain's Peer-to-Peer tech, empowering users and builders. 2️⃣ Sustainability: Web3 companies are going green! Eco-awareness is at the forefront of their business models. 3️⃣ AI & Machine Learning: Web3 gets smarter with AI integration, using data and pattern learning to connect people and create amazing content. 4️⃣ 3D Interactive Web: Experience the next-gen web! Interact with virtual identities and immersive content right from your browser. 5️⃣ The Social Web: Social media goes decentralized! Web3 social platforms unite NFTs and empower creators with ownership and access. 6️⃣ BAAS - Brands as a Service: Blockchain meets brands! Explore cloud-based services for digital product creation. 7️⃣ Flux: The trustless data layer for Web3. Flux provides secure data feeds for decentralized projects and smart contracts. 8️⃣ The Semantic Web: Welcome to the Web of linked data! Explore extended web principles and data-driven experiences. 9️⃣ NFT Power: Unlock the true potential of NFTs! Move beyond digital artwork and explore their practical applications. 🔟 Low Code Development: Build faster, code less! Web3 introduces low-code app development for enterprises. Remember, always do your research before investing in crypto products or NFTs. Explore the full article for detailed insights on Web3 trends by Analytics Insight®: https://lnkd.in/dDRXtwkm #Web3 #BusinessTrends #Decentralization #Blockchain #AI #NFTs #Sustainability #Innovation #DigitalFuture

🌐 Navigating the Web3 Horizon: Unveiling the Vision and the Platform Powerhouse 🚀 As the digital landscape continues to evolve, Web3 emerges as a transformative force, reshaping the way we interact, transact, and create value online. Today, let's embark on a journey to explore the vision of Web3 and why finding the right platform can be the key to unlocking its immense potential. 🌍💻 The Vision of Web3: Web3 represents a paradigm shift that extends far beyond cryptocurrency and blockchain technology. It envisions a future where the internet is no longer controlled by a handful of tech giants but is a decentralized, user-centric, and trustless network where individuals have ownership and control over their digital presence. 1️⃣ Digital Sovereignty: In a Web3 world, you are the rightful owner of your data, identity, and digital assets. You decide who accesses your information, and you benefit directly from its use. 2️⃣ Transparency and Trust: Blockchain technology underpins Web3, providing transparency and trust without the need for intermediaries. Smart contracts and decentralized applications (dApps) facilitate secure, automated transactions and interactions. 3️⃣ Empowering Creators: Web3 empowers content creators and artists by allowing them to monetize their work directly through decentralized marketplaces, bypassing the traditional gatekeepers. The Platform Powerhouse: While the vision of Web3 is inspiring, realizing it hinges on finding the right platform. A great platform can make all the difference, offering essential features that drive the Web3 vision forward: 1️⃣ User-Friendly Experience: A Web3 platform should be intuitive and user-friendly, making blockchain technology accessible to everyone. An easy onboarding process can bridge the gap for newcomers. 2️⃣ Scalability and Performance: A scalable platform can handle the demands of a growing Web3 ecosystem. High-performance infrastructure is crucial for smooth and efficient interactions. 3️⃣ Security and Privacy: The platform must prioritize security and privacy to protect users and their digital assets. Strong encryption and robust security measures are non-negotiable. 4️⃣ Community and Ecosystem: A thriving community and ecosystem are vital. They foster innovation, provide support, and encourage collaboration among developers and users. In this age of digital transformation, the choice of platform can be the linchpin that unlocks the immense potential of Web3, making it accessible and functional for all. As we journey into this new digital era, let's embrace the vision of Web3 and collaborate to make it a reality. 🌐🤝 What are your thoughts on the Web3 vision, and have you found a platform that aligns with this vision? Share your insights and experiences in the comments below! #Web3 #Blockchain #DigitalTransformation

🌟 Unveiling MarketLand Beta: A Platform Redefined for the Digital Age! 🚀 Are you ready to revolutionize the world of NFTs? We're thrilled to announce that MarketLand Beta will be available for those who contact us in the next 10 days! 🌐✨ Discover a world of possibilities with MarketLand Beta, where we offer a wide array of services designed to empower your NFT collection: 📜 Fully Customizable Smart Contracts: Our platform allows you to effortlessly deploy fully customizable and configurable smart contracts, tailored to your specific needs. Say goodbye to complexities – automate your contract deployment with ease! 🖌️ Tailored Minting Page: Customize and configure your minting page to reflect your brand identity. Make a lasting impression on your audience and create a seamless user experience. ⚙️ Whitelist Configuration: Take control of your Smart Contract's whitelist settings with our intuitive configuration options. Fine-tune access to your digital assets with precision. 🔐 NFT Disclosure: Maintain transparency and build trust with configurable NFT disclosure options. Keep your community informed and engaged. 🔍 Smart Contract Verification: Ensure the integrity of your smart contracts with blockchain verification. Trust and security are at the core of MarketLand Beta. 📜 ACYS Customization: Modify the code to remove any reference to "MarketLand" as the creator and replace it with your own identity. Your brand, your rules. 💼 All Rights Reserved: Your digital empire, your vision. MarketLand respects your creative sovereignty. All rights reserved for your content and creations. 💱 FIAT-Crypto Payment Gateway: Seamlessly integrate a payment gateway into your minting page, offering your customers the flexibility to pay with fiat or cryptocurrencies. 💹 Crypto Payment Swaps: Facilitate cryptocurrency transactions through a customized conversion process. Pay in one crypto and receive your desired currency effortlessly. 🔍 Verification and Auditing: Trust but verify! We offer services to verify equipment and projects, ensuring your operations are backed by reliability. 🛡️ Smart Contract Audits: Safeguard your digital assets with our smart contract audit services. We leave no room for vulnerabilities in your blockchain endeavors. The future of nft collections is here, and it starts with MarketLand! 🚀🌐 Ready to explore these groundbreaking features? Reach out to us today to gain exclusive access to the Beta version. Join us on this exciting journey to redefine digital success. MarketLand Beta – where innovation and empowerment converge! 💼🌟 Simply send us an email at info@marketland.io or slide into our DMs on social media, and we'll provide you with exclusive access to the Beta version.🌐✨ #MarketLandBeta #DigitalCommerce #SmartContracts #MintingPage #Customization #Security #Blockchain #DigitalEmpowerment #Innovation #JoinTheJourney

Online betting is changing fast thanks to blockchain technology. And Azuro Protocol (@azuroprotocol) is at the forefront of this change, offering a solution that is: ✅ Transparent: No more shady odds or hidden fees. ✅ Secure: Your funds are safe and under your control. ✅ Accessible: Anyone can participate, regardless of location. What Is Azuro? Azuro is an infrastructure/liquidity layer for on-chain predictions. It utilizes a new Liquidity Pool design, the Liquidity Tree, which creates and maintains market liquidity. Open betting with thousands of markets, rich features for apps & games. Built to break free from traditional limitations. 📍it is more than a  platform in the betting industry; it’s a trailblazer in leveraging blockchain technology to make betting transparent, fair, fun, and responsible 📍The traditional betting industry is dominated by centralized platforms, which control odds, handle user funds, and manage payouts. 📍This centralization often leads to issues, Centralized betting = Opaque, expensive, limited access, and trust issues. 📍 Blockchain disrupts! Now in betting, it offers secure & transparent transactions, cutting out the middleman. 📍 Blockchain integration in betting is young - full potential untapped. 📍Key features of #azuroprotocol. ✅ Decentralization Decentralized on the blockchain, Azuro cuts out the middleman for transparent, verifiable betting. Trust built, manipulation blocked. ✅ Security and User Control Blockchain’s inherent security features are integral to Azuro. Users have complete control over their funds through smart contracts, eliminating the need for intermediaries. This setup enhances security and gives users peace of mind, knowing their funds are safe. ✅ Fairness and Transparency Azuro's smart contracts guarantee fair play. Immutable results on the blockchain ensure transparency and user trust. ✅ Lower Fees and Higher Payouts Without intermediaries, Azuro can operate with significantly lower fees compared to traditional platforms. ✅ Innovation and User Experience Azuro Protocol fuels betting innovation. Open platform empowers developers to craft engaging experiences, making blockchain-based betting accessible and fun. The user interface can be more intuitive and user-friendly, attracting even those unfamiliar with blockchain technology. 📍HOW TO POSITION FOR $AZURO AIRDROP Azuro Score points will be convertible into $AZUR tokens after the  token is launched ✅Bet using frontend dApps ✅Provide liquidity ✅Test live betting and report bugs These points can be converted to rewards 📍Venture capitalist: They've just secured a whopping $11M in pre-launch funding from major VCs: ✅@SevenXVentures, ✅@fenbushi, ✅Arrington Capital, ✅@polymorphiccap, ✅@RedBeardVC For more details follow them up on https://lnkd.in/d7VayXjY I'm Joseph Falano, a #DeFi #Educator passionate about helping others walk through the exciting world of Decentralized Finance. Let's connect!🤝

Recent news you (most likely) missed ⤵️ GenAI is doing its show, great! But something else is happening. Let's have a look. GenAI is capturing all the attention! Every day, we can read new use case ideas and discover very inventive ways of using the tech. Meanwhile, other news is setting up the stage for major changes in the way we interact with ... money! Two major news came out in the last couple of days that confirm the new internet era is on its way. Welcome to Web3! Both 𝗦𝗵𝗼𝗽𝗶𝗳𝘆 and 𝗩𝗶𝘀𝗮 communicated on expanding the usage of blockchain technology for their services. (Solana for both) Shopify announced a Solana pay module that merchants can install in 5 clicks! Visa is adopting the Solana blockchain to revolutionize cross-border payments. I won't get too much into the tech details and reasons they chose Solana vs. another blockchain, but what you need to know if you're not familiar with Solana is: • A very high volume of transactions is validated at lightspeed • The fees of the transaction are pennies. • You can pay with an equivalent of the $ named USDC - a stablecoin that has no volatility; 1USDC always has the same value - 𝗛𝗼𝘄 𝗶𝘀 𝘁𝗵𝗶𝘀 𝗿𝗲𝗹𝗮𝘁𝗲𝗱 𝘁𝗼 𝗖𝗥𝗠 𝗮𝗻𝗱 𝗟𝗼𝘆𝗮𝗹𝘁𝘆? It's pretty simple! These two giants in their industry know a lot about payments. Seeing them using this tech and deploying it at a worldwide scale will make, on one side, more merchants offering this payment option (Shopify), and on the other side, more customers using it (Visa). This means a new type of data will enter the Business' data. • Data that the user controls. • Data that is potentially anonymous, depending on the consumer usage of their wallet.    ➡️ But Data that is public! That is a lot more data that brands can store and process because it's not only on their customers but also on their competitors' customers, all interactions and transactions.. As a brand, it's more than ever very important to 𝗱𝗲𝗳𝗶𝗻𝗲 𝗳𝗶𝗿𝘀𝘁 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂 𝘄𝗮𝗻𝘁 𝘁𝗼 𝗱𝗼 𝗼𝗿 𝗹𝗲𝗮𝗿𝗻 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗱𝗮𝘁𝗮 you collect (or even read) because there will be way too much of it to keep the current state of mind in every team that is "Let's collect and store everything we can, we'll find out later if we can do something with it." Remember, data-driven marketing is not just about collecting more of data. It's about using them efficiently.

🌐 Navigating the Web3 Horizon: Unveiling the Vision and the Platform Powerhouse 🚀 As the digital landscape continues to evolve, Web3 emerges as a transformative force, reshaping the way we interact, transact, and create value online. Today, let's embark on a journey to explore the vision of Web3 and why finding the right platform can be the key to unlocking its immense potential. 🌍💻 The Vision of Web3: Web3 represents a paradigm shift that extends far beyond cryptocurrency and blockchain technology. It envisions a future where the internet is no longer controlled by a handful of tech giants but is a decentralized, user-centric, and trustless network where individuals have ownership and control over their digital presence. 1️⃣ Digital Sovereignty: In a Web3 world, you are the rightful owner of your data, identity, and digital assets. You decide who accesses your information, and you benefit directly from its use. 2️⃣ Transparency and Trust: Blockchain technology underpins Web3, providing transparency and trust without the need for intermediaries. Smart contracts and decentralized applications (dApps) facilitate secure, automated transactions and interactions. 3️⃣ Empowering Creators: Web3 empowers content creators and artists by allowing them to monetize their work directly through decentralized marketplaces, bypassing the traditional gatekeepers. The Platform Powerhouse: While the vision of Web3 is inspiring, realizing it hinges on finding the right platform. A great platform can make all the difference, offering essential features that drive the Web3 vision forward: 1️⃣ User-Friendly Experience: A Web3 platform should be intuitive and user-friendly, making blockchain technology accessible to everyone. An easy onboarding process can bridge the gap for newcomers. 2️⃣ Scalability and Performance: A scalable platform can handle the demands of a growing Web3 ecosystem. High-performance infrastructure is crucial for smooth and efficient interactions. 3️⃣ Security and Privacy: The platform must prioritize security and privacy to protect users and their digital assets. Strong encryption and robust security measures are non-negotiable. 4️⃣ Community and Ecosystem: A thriving community and ecosystem are vital. They foster innovation, provide support, and encourage collaboration among developers and users. In this age of digital transformation, the choice of platform can be the linchpin that unlocks the immense potential of Web3, making it accessible and functional for all. As we journey into this new digital era, let's embrace the vision of Web3 and collaborate to make it a reality. 🌐🤝 What are your thoughts on the Web3 vision, and have you found a platform that aligns with this vision? Share your insights and experiences in the comments below! #Web3 #Blockchain #DigitalTransformation

🚀 2024 PREDICTIONS 🚀 Crypto, Blockchain, NFTs, Web3, Digital Assets 2022 & 2023 have been crazy for crypto & I commend everyone still operating in this space because we have had a LOT to combat. However, I am super optimistic for the bullish 🤞🏾 year ahead. For more legitimacy, growth, governance, new & more mature applications with impact & utility - & April's Bitcoin halving too. Here are my predictions for what 2024 will have in store in for the space! 🌎 Prediction 1: Private Blockchains On The Rise 🌎 In 2024, private blockchains will take the stage alongside their public counterparts, revolutionising sectors like supply chains & transportation, pharmaceuticals, healthcare - & more. This is an exciting transformation driven by businesses recognising the immense potential of private blockchains. They offer a tailored approach to decentralised technology, allowing companies to meet their specific needs, & ushering in innovative possibilities & greater efficiencies. 🧠 Prediction 2: Evolving & Shifting Narratives Around Web3 & Blockchain 🧠 I'm expecting an evolution of terminology & a surge in cryptocurrency education. With another year, we'll see more maturity & lessons learnt from past incidents & challenges in the space. As we improve things like security, seamless integrations, accessibility, & user experience, the goals of decentralisation will be a lot easier to understand to the wider public & ways they can participate will be a lot clearer too - we'll welcome more newcomers. Just as AI went mainstream, 2024 will see Web3 & blockchain following suit (for the right reasons)! I expect super influential figures to engage in greater discussions about these transformative technologies. ⚽️ Prediction 3: NFTs Are Back, But They're Better ⚽️ NFTs are ready to shine (again) in 2024, offering increased utility & innovation. Non-Fungible Tokens are poised for a remarkable resurgence. Gaming, fan experience & engagement will be the focal points, transforming sectors like sports, music, entertainment, & gaming. Expect teams & businesses to make significant investments in web3, with NFTs playing a pivotal role. Get ready for membership benefits, digital collectibles, immersive experiences, growth of secondary markets & more. ⚖️ Prediction 4: Regulation Asserts Itself ⚖️ Regulation & frameworks will take centre stage in 2024. We'll see governments try to establish more comprehensive & aggressive frameworks. To address past controversies & uncertainties, regulatory clarity is necessary - but there'll be A LOT of debate here. 🤑 BITCOIN: I think it will hit around USD 48,000-50,000 🤑 2024 will be super exciting - & even more stressful of course for the crypto world - but we'll see even more transformation and innovation. I'm excited to see how it unfolds. What are your thoughts on these 2024 predictions? 🔮 #CryptoPredictions #Crypto2024 #Blockchain2024 #Web3Predictions #Web3