· Forward (from someone notable in Web3) · Introduction · Chapter 1: Why Web3? o Definition of Web3 o History § Web1 § Web2 § Web3 § It''s about a decentralized approach o Catalysts for Web3 § Concentrated power of megatech (Amazon, Apple, Facebook, Google) § New technologies § Need for a new platform § New business model for stakeholders (users) via tokens § Return to the roots of the original vision of the Internet o Early Days for Web3 § Dynamic and fast changing § Controversy (Musk v. Dorsey v. Andressen) § Top VCs See a Transformative opportunity o History of platform transitions § Move from text to GUIs (1980s) § Move from on-prem to cloud (1990s - 2000s) § Move to mobile (2007/iPhone) · Chapter 2: Core Technology o Understanding blockchain § The basic elements § Pros/cons of the technology § Bitcoin, cryptocurrencies § Becoming mainstream o 2.2 Web3 is built on blockchain § A common blockchain for Web3 is Ethereum § User adoption/build goodwill (eg, give away tokens) · Chapter 3: Development o Different mindset for developers § Data § Transparency of the blockchain ledger § Startups will likely need to do their own training of employees, at least in the early stages o 3.2 Web3 app development stack § Web 3 libraries/dApps § Interface with the blockchain § Web3.js, ethers.js and web3.py § Smart contracts § Usually written in Solidity with the Remix IDE § Other libraries: Truffle, Hardhat and Brownie § Nodes § Web3 providers § Allows for interaction with smart contracts § 3.
2.4 Wallets § Verify transactions § Third parties like MetaMask § Can create a wallet in JavaScript, Python, Ruby, Go or PHP. · Chapter 4: Decentralized Autonomous Organizations or DAOs o 4.1 What is it? § DAO is a member-owned online community governed by the users § No centralized leadership § Votes are written in smart contracts § Governance embedded in smart contracts § Users coordinate activities § Focused on transparency · Chapter 5: Infrastructure Startup o State of the infrastructure § Still immature but evolving quickly § Will see lots of investment § High capital requirements o Incentives for infrastructure builders § Different from open source model o Emerging crypto stack § The emerging crypto dev stack § Custody, nodes, on/off chain, on/off ramps, layers o Cryptography Innovations § Prove a password/credentials without having to store the data § Very important in light of the continued rise in hacks/breaches/ransomware o Types of Infrastructure companies and business models o Examples of some startups · Chapter 6: Consumer Application Startup o NFTs an early use case of Web3 § The Creator Economy § Artists, musicians, actors, game developers § Connect without intermediaries § Create new revenue streams § Fans become stakeholders § Determine authenticity § Only one (no copycats) § How to spend/earn NFTs § NFT marketplaces o 6.2 DeFi § Apps for saving, lending, exchange § One of the biggest opportunities for startups in regard to Web3 § How DeFi is different from centralized finance (banks, credit card issuers, even PayPal, Square) § Borderless, peer-to-peer, 24/7 § Access to the unbanked § Transform the back-end of finance § Crypto-native analogs for every financial service (forex, options, insurance, etc) o Next generation social media companies § How this works using a decentralized model, where users own their own data o Examples of some consumer application startups · Chapter 7: Enterprise Applications · o 6.3 Enterprise applications § 6.3.1 Credentials, governance rights o 6.
4 Technology/Code § 6.4.1 ETH, systems o Examples of some enterprise application startups · Chapter 8: Vertical Plays o Examples: web3 to decentralize energy usage/distribution, applications in healthcare, etc. · Chapter 9: Metaverse o 8.1 What is it? § 8.1.1 Facebook is working on this and it will take time for its vision to become a reality § 8.1.
2 But there are metaverses emerging, especially in gaming/world building platforms like Roblox § 8.1.3 Web3 will be important because these worlds will be economies, requiring crypto for transactions. In fact, these are really about NFTs § 8.1.4 There are also enterprise applications: video conferences/meetings, training · Chapter 10: Regulation o Wild Wild West o The fraud problem o How regulation may impact Web3 · Resources o Influencers o Websites o Podcasts · Glossary.