What is web 3.0 how to make money from it? The invention of the worldwide web is considered
to be one of the greatest inventions in history. This invention, which made the
internet accessible to everyone has become an integral element of how we live and interact
following the success of the metaverse web 3.0 is the current term sweeping the internet globe
web 3.0 often known as the decentralized web is the third generation of the internet that
improves on the previous web 2.0 internet. Disclaimer, I'm not a financial advisor.
This video is for informational and educational purposes only. Hey everyone. Welcome to crypto
In today's video, we'll talk about web 3.0 and how you can make money from it. So make sure to
subscribe to the channel so you don't miss out on any of our videos. So without further ado,
let's get into it. The E of web, sir, Tim burners, Lee, a British computer scientist born in London,
founded the worldwide web or www, usually known as the web in 1989. Following his graduation
from Oxford university burners. Lee worked as a software developer at CERN, a major particle
physics facility in Janine of us. Switzerland were scientists from all over the world gathered to
use its accelerators. Sir, Tim, on the other hand observed that communication was an issue. Various
types of information were stored on different computers at the time, but accessing them required
signing into many computers and often learning a different application on each machine. Tim
detailed the idea for the web in a document titled information management, a proposal in March, 1989.
The core idea was to merge the rapidly expanding technologies of computers,
data networks, and hyper text into a powerful and user friendly worldwide information system.
As a result, the web was initially visioned and then developed to address this desire
for automated information sharing among scientists and universities and institutes all over the
world. The phrases, internet and web are not interchangeable. They refer to two distinct
but related concepts. The internet is essentially a network that can connects millions of computers
throughout the world. Allowing any computer to communicate with any other computer while the
worldwide web or what we call web is a technique of obtaining information through the internet
by displaying web pages on a browser introduction to web 3.0 Satoshi Nakamoto reportedly invented
Bitcoin. The world's first cryptocurrency in 2009, he envisioned his invention as a peer-to-peer
financial system and alternative payment method that would be free of any central control or laws.
His invention aimed at decentralization, anonymity and freedom became a foundation of web 3.0
web 3.0 is based on the ideals of decentralization,
anonymity and influence independence. It is decentralized in the sense that it functions
on a distributed peer to peer basis with no single entity able to directly influence or change. The
systems course anonymous is founded on the idea that a user's identity has no influence on their
ability to engage in the system. There are no restrictions or rules, so there is no influence
networks are peer to peer decentralized in this period developed run and maintained by
users rather than companies through artificial intelligence and machine learning. Computers can
understand information in the same way that humans do, allowing them to automatically develop
and share relevant content tailored to a specific user's needs. Most importantly, web 3.0 obscures.
The longstanding control that large technology businesses and governments have over people
unlike in web 2.0 and web 2.5, when content providers and controllers held considerable power,
the user has greater authority in web 3.0 apple, Siri Google's cloud API and Wolf from alpha are
examples of web 3.0 key features of web 3.0 semantic web semantic markup is a term that
refers to the communication gap that exists between humans and technological systems.
One of the most difficult aspects of displaying information on the web
is that programs cannot add context to data. And as a result cannot determine what is relevant
data in web 3.0 could be put in a form that not only accessible to people
through natural language, but also understood and interpreted by machines and software applications
by using some semantic markup or data exchange standards, 3d graphic and virtual identity web 3.0
will change the Internet's future by switching from a two dimensional web to a more real stick,
three dimensional cyber world. 3d design is commonly employed in web 3.0 sites and apps
such as online gaming e-commerce and the real estate business. This feature also
allows people to play the role of an avatar in a virtual world and explore, meet other occupants,
participate in individual or group activities and so on exactly as they would in real life.
All interactions between avatars occur in the virtual world and would have no effect
on realtime events, artificial intelligence. This is the ability to read natural language and
comprehend meanings. This feature makes it easier to distinguish between true and false data and gen
more trustworthy data web 3.0 enables computers to grasp information in the same way that humans
do by integrating this capability with natural language processing resulting in faster and more
relevant results, they become more intelligent in order to meet the needs of consumers advantages of
web 3.0, to put it simply web 3.0 improves on the shortcomings of web 2.0 and web 2.5, which can be
divided into the following categories. Trust anonymity, and control rich user experience.
Trust some may argue that the blockchain's most significant gift is automatic trust. The
blockchain can go beyond the safety that digital IDs can provide by creating a trust network.
Some blockchains allow the creation of smart contracts, which are blockchain attached programs
that run when a specified blockchain event occurs. The most important aspect of smart contracts to
remember is that the contract is the software code. As a result, smart contracts are far more
trustworthy than legal contracts. Legal contracts are enforced by the legal system, which differs
in its reliability from place to place, but is never perfect. Smart contracts. Of course can be
significantly more complex than that example. They have the potential to cover many circumstances
that are currently covered by legal contracts, reducing the danger of fraud, anonymity,
and control. Most of the platforms and services we use on a daily basis require us to supply personal
information in order to use them as a result, data leaks occur. And the owners of such sites just
sell our personal information for profit, even big corporations like Facebook and YouTube use
your information DS or what we call decentralized apps can be created by web 3.0 app developers that
allow users all over the world to use them with out submitting any sensitive or personal data.
Blockchain technology allows for this. Furthermore,
the owners of current platforms have the authority to make judgements that may or may not affect you
in this circumstance. You have no power over the platform and it only takes one order to disconnect
you web 3.0 apps or DAS use blockchain to bypass this issue. Everything has been decentralized and
there is no longer a single point of failure that might be used to gain control of the system. Web
3.0 might create a truly autonomous feature that empowers people to make decisions for themselves
by using smart contracts, to maintain this system, trustless anonymous free of external control,
rich user experience. As annoying as commercials can be. There's no doubting the convenience of
being able to instantly click over to a special offer on something you genuinely need or want, but
might otherwise neglect web 3.0 promises a much more personalized surfing experience.
Websites will be able to adapt to our device location and any accessibility
requirements we may have. And web apps will become far more aware of our usage patterns.
More than simply web pages will benefit from the multidimensional web 3.0 web apps
will begin to create substantially richer experiences for users consider Google maps,
which can now combine basic location search with route directions, lodging recommendations,
and real time traffic updates in the web 2.0 era. This was just not conceivable
how to make money from web 3.00, the next big thing is web 3.0 as a result, understanding
how to use this technology to generate continuous money is advantageous. If you are a creative who
wants to be financially independent while doing what you love web 3.0 can help you get there.
Web 3.0 provides legal opportunities to generate money online from the comfort of your own home.
Here are some examples of how you can use this power decentralized autonomous organizations or
Dao individuals relied on venture capital and to trade it away. A portion of their business in the
traditional strategy to launching a company, to create the fund needed, to expand the concept
and firm, which comes with many risks. The process of starting and developing an idea
is simplified with web 3.0 the initiative, which addresses a real world issue has been
announced. Then from the start, everyone can contribute to its construction or invest in it.
The core announces the release of X number of tokens and distributes 10% to early builders,
10% to the general public and 10% are placed away for future contributor, payments and project
finance stakeholders can use their tokens to vote on changes to the project's future.
And those who helped construct it can sell some of their shares to pro of it.
After the tokens are distributed. People who believe in the initiative can acquire and keep
ownership. While those who fear the project is heading in the wrong path can sell their stake.
DAOs. Unlike corporations are organizations that are owned and governed by their members.
DAOs are administered by a set of rules or agreements, smart art contracts in the form
of code that are automatically applied based on specified blockchain activity.
You may make money by getting others to invest in your company concept. When you start a Dao,
you can also access a great number of investors resulting in significant funding for your company
to get started. All you need is a strong idea and a team of blockchain developers
NFTs. Did you realize that a PNG or gift image might get $50,000 if you don't it's
time to start exploring the world of NFTs. NFT is an abbreviation for non fungible token,
their pieces of art, but instead of being shown in museums, they're digital comparable to your
phone's background or random photographs you download from the internet trading NFTs.
Now is one of the most ethical ways to generate money. You are basically asking millions of
dollars for a 200 kilobyte PNG GIF, MP3, or JPEG NFTs sell at high prices because of the metaverse
concept. NFTs can be used in the metaverse to show your support for a certain project or membership
in a community within or outside of the virtual reality. As a result, likeminded individuals
may form communities. They can share ideas and collaborate on initiatives. Cryptocurrencies.
Since Satoshi Nakamoto published the initial Bitcoin white paper in 2008, the cryptocurrency
industry has grown significantly. After more than a decade. Most people have heard of the terms
Bitcoin and cryptocurrency, since its start in thousand nine, the crypto industry has generated
a fair amount of money for early adopters and investors. While early advances in cryptocurrency
have already been accomplished, the industry is still in its early stages of development.
There are numerous ways to create money and generate revenue in this industry. However, due to
the inherent volatility of crypto assets, the bulk of them are high risk while some require technical
knowledge or ability DAS and DAOs developer every day, several Dao projects are created, which means
that there are more options for developers to find projects they enjoy and earn money by contributing
to them. In addition as 3.0 grows in popularity and use. So does the demand for web 3.0 apps or DS
and technologies final thought web 3.0 is gaining popularity in a wide range of industries,
including music, video streaming, and even gaming. Thousands of people are working hard at making
this space more or accessible to all you'll soon be using web three point Ohap without even
realizing it. What are your thoughts about web 3.0, let us know in the comment section down below
with that being said, here we come to the end of our video.
I hope you like this video. And if so, then don't forget to subscribe to the channel. So you
never miss any video video, see you in the next video till then take care. Thanks for watching.