The Web3 Era : NFTs, the Metaverse, Blockchain, and the Future of the Decentralized Internet

Get a sneak peek into the future of technology, finance, and the metaverse In The Web3 Era: NFTs, the Metaverse, Blockchain and the Future of the Decentralized Internet , renowned finance and technology expert David Shin connects pivotal moments from the history of human progress and global trade with current events that are shaping the world of tomorrow through a fascinating and insightful exploration of the long-term, next-level use cases of non-fungible tokens and digital assets, and their implications for industries that leverage these advancements. In the book, you’ll find discussions of the challenges and opportunities for institutions awaiting the arrival of the Web3 space; how old Western central powers are struggling to keep up with the digital currencies of the East; and why our voices will matter as consensus-driven tribes converge to form DAOs. You’ll also discover the potential of blockchain as a pivotal engine for driving the metaverse economy and transforming contemporary web infrastructure into a decentralized network of free trade and social interaction governed by users themselves. The author covers topics that include: The potential institution of a smart treasury in a digital economy The convergence of metaverse infrastructure with decentralized finance, creating a virtual world of open finance Use cases for government-backed digital tokens in a variety of industries, including education, healthcare, and banking Social interactions and commerce tied to Soulbound-identity, A.I. technology, archeological revelations, de-dollarization, and the rising Global South An essential and one-of-a-kind resource for business leaders, executives, entrepreneurs, investors, and finance professionals, The Web3 Era: NFTs, the Metaverse, Blockchain and the Future of the Decentralized Internet will also benefit technology enthusiasts, digital marketers, and digital transformation specialists who seek to gain invaluable insights into the future of technology and finance, as well as anyone who believes that we are in need of a new system of governance for a better tomorrow. Cover Title Page Copyright Page Contents Introduction Chapter 1 Rise of the DAOs King for a Day Does Your Vote Really Count? What a Wonderful, Trustless World Why the First DAO Had to Fall New-Age Tribes Chapter 2 When the World Becomes Your Village. . . When We Left Gold Behind. . . The Corruption of Trade Decentralized Trading, Reputation Tokens, and the Death of the Irresponsible Influencer-Marketer Can’t Buy Me Love. . . Chapter 3 The New Centralization Who Owns the Fed? To Teach the World to Sing in Perfect Harmony Central Bank Digital Currencies and Data Collection Is Anything Real Anymore? You Can’t Always Get What You Want. . . Chapter 4 Tower of Babel 2.0 Lost in Translation The Language of Progress The Byzantine Generals Problem Creating Consensus and Spreading It The Antichrist is Coming Chapter 5 Soul Beyond Face Value Digital Gangsters’ Paradise The Angry Face Algorithm It’s a Long Road From Rakhine If You Tolerate This Then Your Children Will Be Next Your Soul Defines You Chapter 6 Back to Africa We are Family? We are Françafrique The Last Colonial Currency The African Union? The Last Digital Frontier Chapter 7 The American Way The United States of Isolation The Fall of the Petrodollar Defeating the Dollar The New Bretton Woods Chapter 8 When We Meet in the Metaverse. . . Beyond the Planet of the Bored Apes When Worlds Collide. . . A Meaningful Place Chapter 9 Of Builders and Villains. . . Walking on the Moon: The Rise and Fall of Terra LUNA Sex, Drugs, and Balance Sheets: How a Bunch of Kids Created and Destroyed FTX Speculation, the Language of Fools Chapter 10 The Nature of a Nurturer: Reflecting on the Klaytn Journey A Blockchain to Connect All Blockchains TPS is King Building on Top of The World’s Blockchain Shared Governance of a Shared Ecosystem Chapter 11 A Brave New World I’m Still Walking, So I’m Sure I Can Dance The First Days are the Hardest Days You Speak My Language Index EULA "Touted as the next big technology platform, Bloomberg Intelligence predicts that the Metaverse will become an $800-billion industry by 2024. Popularized by Facebook's rebranding to Meta in October 2021, NFTs and the metaverse have not only received a lot of interest and attention from the press over the last several months, but many players across industries are actually looking to ride the Metaverse wave. Web3, a term coined by Ethereum Co-founder Gavin Wood, is basically a concept of a revamped version of the Internet that we use today, fundamentally based on blockchain technology and is on decentralized, community-run networks. Enthusiasts have different ways of describing the forms of Web3 but many see it favoring content creators and users, rather than the major corporations, by providing control over their own data and online preferences"-- Provided by publisher