Web3 is the next evolution for the World Wide Web based on Blockchain technology. This book will equip entrepreneurs with the best preparation for the megatrend of Web3 by reviewing its core concepts such as DAOs, tokens, dApps, and Ethereum.
With Web2, much of the valuable data and wealth has been concentrated with a handful of mega tech operators like Apple, Facebook, Google and Amazon. This has made it difficult for startups to get an edge. It has also meant that users have had little choice but to give up their value data for free. Web3 aims to upend this model using a decentralized approach that is on the blockchain and crypto. This allows for users to become stakeholders in the ecosystem.
Along with exploring core concepts of Web3 like DAOs, tokens, dApps, and Ethereum, this book will also examine the main categories that are poised for enormous opportunities. They include infrastructure, consumer apps, enterprise apps, and the metaverse. For each of these, I will have use cases of successful companies. How To Create a Web3 Startup covers the unique funding strategies, the toolsets needed, the talent required, the go-to-market approaches, and challenges faced.
What You'll Learn
• Work with the dev stack components
• Examine the success factors for infrastructure, consumer, enterprise, verticals, and the Metaverse
• Understand the risks of Web3, like the regulatory structure and security breaches
Who This Book Is For
Startup entrepreneurs and those looking to work in the Web3 industry.
Author(s): Tom Taulli
Edition: 1
Publisher: Apress
Year: 2022
Language: English
Commentary: Publisher's PDF
Pages: 188
City: New York, NY
Tags: Social Networks; Taxation; Decentralized Autonomous Organizations; Startups; NFT; Decentralized Finance; Web3
Contents
About the Author
About the Technical Reviewer
Foreword
Chapter 1: Why Web3?
Definition of Web3
Web1
Web2
Catalysts for Web3
Web3 and Crypto
The Downsides of Web3
The Billionaire Web3 Spat
The Web3 Platform Shift
The Startup
Conclusion
Chapter 2: Core Technology
The Origins of Blockchain
Bitcoin
Crypto Exchanges
Crypto Wallets
Altcoins
The Value of Cryptocurrency
Ethereum
Solana
Near Protocol
Avalanche
ConsenSys
Lido
Private Blockchain
Iron Fish
Conclusion
Chapter 3: The Web3 Tech Stack
The Web3 Tech Stack
Layer 1
Layer 2
IoTeX
Mina Ecosystem
Mysten Labs
StarkWare
Matter Labs
Optimism
Offchain Labs
Layer 3
Web3 Frameworks and Libraries
Web3 Languages
Rust
Solidity
Vyper
QuickNode
Developer Views
Conclusion
Chapter 4: The Web3 Team
The Competition for Talent
Developer Advocate
Community Manager
General Counsel
Finance or Accounting Manager
Front-end Developer
Backend Developer
Blockchain or Smart Contract Engineer
Security Engineer
Recruiting
Recruiting Best Practices
Compensation
Reskilling
Conclusion
Chapter 5: Decentralized Autonomous Organizations (DAOs)
The Origins of DAOs
How Does a DAO Work?
The Benefits of DAOs
DAOs Versus the Law
The Problems
DAO Services
Public Benefit Corporations
MakerDAO
Friends with Benefits
SailGP
Uniswap
Conclusion
Chapter 6: NFTs, Gaming, and Social Networks
How Do NFTs Work?
Examples of NFTs
Buying and Creating NFTs
The Value of NFTs
Problems for NFTs
New Go-to-Market Strategies
Social Identity of Web3
The Web3 Social Network
Web3 Gaming
Brands and NFTs
Novel
Fractal
Magic Eden
OpenSea
Rarible
Pastel Network
Rally
Conclusion
Chapter 7: DeFi
What Is DeFi?
dApp Process for DeFi
DeFi Ecosystem
Risks
Disruption
Total Value Locked (TVL)
Tribal
Valora
TrustToken
Ox Labs
Conclusion
Chapter 8: The Metaverse
What Is the Metaverse?
Large Tech Firms and the Metaverse
The Challenges
Marketing in the Metaverse
The Enterprise
Genies
Now.gg
Teslasuit
Conclusion
Chapter 9: Taxes and Regulations
Crypto Taxes
Tax Scenarios
NFT Taxes
Donations
The IRS
Cybersecurity and Regulations
What Crypto Regulation Might Look Like?
Lawyers and Lobbyists
CertiK
LiquiFi
Conclusion
Glossary
Index
