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NFT information (EN)

NFT Marketplace #9 - Web3.0! Now the Internet is Changing! It was a hot topic in GDC 2022!

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Hello! Today, I'm going to talk about Web3.0.

Web 3.0 stands for third-generation Internet. It's an interconnected virtual space based on decentralization.

In order to understand this, understanding Web 2.0 and Web 1.0 is first.

Web 1.0 can read only information, Web 2.0 can read and write information. You don't understand?

 

Let's go back to our memories.

When you first came into the world of the Internet, you were simply consuming information.

There were really limited people who provided information,

such as reading news on personal computers and searching for papers.

I didn't even think about making and providing information.

 

But with the advent of platforms such as Yahoo, Naver, and Daum, you were able to become content providers.

Infrastructure is cloud or mobile.

Users can use various platforms to exchange data with other users.

And now there is a revenue structure that makes advertising fees using YouTube and blogs.

However, there is a downside here. The platform is the content manager.

You own the content, but if you violate policy management, you cannot post the content on the platform.

If you change the policy of the platform you are using, the profit structure such as advertising will change.

In addition, the number of platforms where users are concentrated is limited.

YouTube, Facebook, Instagram, Twitter, etc.

(Personally, I'm guessing that we're going to build a platform for each brand in the future. Haha)

 

 

So it's safe to say that Web 3.0 is starting to come into the spotlight.

The key is that the owner of the content can gain true rights. NFT and blockchain are at the center of it.

Web 3.0 includes the true meaning of 'ownership'.

In Web 2.0, if the platform stored data on a central server, in Web 3.0,

the data would be distributed and stored through the blockchain.

It would be easy to think that blockchain is a technology that distributes recorded data to participating users.

A majority of data records must be hacked to falsify related data.

Since blockchain does not have a central administrator, the transaction is approved only when half of the network participants 'nodes' agree.

It's actually a structure that can't be hacked.

However, it is theoretically impossible, and I think it is still difficult to fully trust its safety.

 

How much did you understand about Web 3.0? But Web3.0 doesn't have real services in place yet.

There is a prospect that development will be fast because blockchain technology is already permeating quickly.

Grayscale estimates a virtual world revenue forecast of $400 billion,

which will be activated with Web 3.0 in 2025.

 

 

And this year's Game Developers Conference (GDC 2022),

the world's largest developer conference held annually in San Francisco, USA.

It is no exaggeration to say that Web 3.0 has become the mainstream momentum even in the place

where major game companies from around the world gather every year to share know-how

and lectures on game development.

In the presentation session, most companies released Web 3.0 games.

At the expo, there were many companies that provided the base technologies for Web3.0 games.

 

Not only domestic IT companies but also global companies are enjoying a craze for Web 3.0 investment.

Google, the world's largest IT company, recently joined hands with Dafer Labs, a blockchain company.

The industry speculates that it is a strategic choice to prepare for the Web 3.0 era.

Meta (formerly Facebook) is also a fast-paced company in the Web 3.0 market.

The reason why we changed our mission is

because we have a strategy to preoccupy the Web 3.0 era by changing from SNS company to Metabus company.

For similar reasons, digital payment company Block (formerly Square) changed its name.

 

 

But what does Web3.0 have to do with NFT?

NFT acts as a certificate of ownership for digital assets in the decentralized Web 3.0 world.

Earlier, I told you that forgery is impossible because ownership is recorded in the bullock chain, right?

Because NFTs are recorded in the blockchain, there is no need for certain platforms to authenticate ownership.

In other words, there's freedom in transactions.

Items in Metabus or P2E games can also be made and traded with NFT.

NFTs made in the same blockchain standard can be compatible with different metabuses.

(Of course, it hasn't been commercialized yet.)

Currently, we are at the level of NFTing digital art or using pixel art as an avatar.

There are very few commercial bridges or crosschains that can connect it. (Go to see the story ▶)

But eventually, the moment you get compatibility between the other Dapps,

You can use NFT as an admission ticket or as collateral to get a loan.

(To know this, you need to know about Defi.)

 

 

Anyway, NFT is the right technology to tokenize tangible and intangible assets.

To maximize utilization, we need to follow the trend well.

 

In addition, in the age of Web 3.0, organizations are likely to change.

Many attempts are being made to develop into a more direct form of democracy. This is called the DAO.

It is a community-oriented organizational structure.

As the DApp service based on blockchain develops,

There will be many cases of adopting Dao, a new form of organization.

 


In the next post, we'll learn more about Defi and then talk about Dao!

Please look forward to the next posting! *(੭*ˊᵕˋ)੭*ଘ

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