To learn web3, you have to try web3.

If you don't know how, these 11 steps should get you started 👇

1) Set up & fund your crypto wallet @MetaMask

2) Get your "crypto handle" @ensdomains
3) Read Cyberspace Independence Declaration @verses_xyz

3) Buy an NFT @opensea

4) Verify your identity on @BrightIDProject

5) Do a quest on @rabbithole_gg

6) Swap your eth for another token on a dex @Uniswap
7) Create your @viamirror dashboard and publish your first blog post

Bonus points: use one of the monetization features - crowdfund, edition, etc.

8) Enter a pool in @PoolTogether_ (Prize Savings Account)

9) Try a lending protocol @compoundfinance
10) Archive a web page on @ArweaveTeam

11) Complete a task on @layer3xyz

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More from @yb_effect

11 Nov
gm

Quick explaination 👇 Image
1/ Just like countries, blockchains have a purpose, structure, and rules.

Each blockchain (i.e. Bitcoin, Ethereum, Solana) has its own advantages & disadvantages.

Some blockchains do certain tasks faster and cheaper than others.
2/ Blockchains can't communicate with each other and are siloed off.

For example, if I hold btc, I can't use it on a protocol that runs on the Ethereum blockchain.

We need a medium to move back and forth between chains (interoperability).
Read 8 tweets
9 Nov
gm, I have a cool life update!!!

A month ago, I quit my job to go full time crypto 🔥

Since then, I’ve been doing deep dives on different web3 products & protocols.

I compiled 10 of my threads to help you better grasp the ecosystem.

Please share if you find them helpful!
Read 11 tweets
8 Nov
From a single blog post covering Axie Infinity, @packyM was able to raise $45,782 (9.56 eth) on Mirror.

Web2 was for the platforms. Web3 is for the creators.

@ArweaveTeam & @viamirror make it possible to own and monetize your content.

Let's see how 👇
1/ Heads up, this thread is long!

After doing some research, it made most sense for me to discuss Arweave & Mirror together.

I decided to dive deeper after I saw @cdixon moved his threads over to Mirror.

2/ Last week, I wrote a thread covering Variant Fund's thesis.

Tldr: Web3 provides a paradigm shift in how we think about the passion economy.

Read 29 tweets
27 Oct
"The creator economy allows you to be your own nation state" - @Cooopahtroopa

Web3 enables people - not platforms - to own and use the value they create.

@variantfund is playing a huge role in making the passion economy a reality for the middle class.

Let me explain how 👇 Image
1/ Typically, I write about specific web3 products & protocols such as Rabbit Hole and Olympus DAO.

But last week, I came across this post by Li Jin announcing that Variant Fund & Atelier were joining forces.

2/ I'm sure many people on crypto Twitter have seen posts around the topics of passion economy and ownership.

I've always had a vague idea of what these topics were, but wasn't able to explain the logic comprehensively.

So I decided to go down the Variant Fund Rabbit Hole.
Read 29 tweets
22 Oct
Ignoring @OlympusDAO today would be the same as brushing off bitcoin in 2010.

Do yourself a favor and go down the Olympus rabbit hole.

It's a genius project that creates wealth and has utility.

Let me explain how Olympus takes currency to the next level.

Thread below 👇
This thread is long, stick with me!

There's a lot of moving parts in the protocol, and I want to make sure I cover the main ones.

Feel free to DM me if you have any questions.
1/ The initial goal of crypto has been to create a decentralized digital currency.

Some people think that after bitcoin goes mainstream, it will be the default value system.

Who knows if that ever happens? And if it does, how long will it take?
Read 34 tweets
17 Oct
Imagine if Twitter didn't allow its users to customize their handles.

Our entire feed would look like "user12837473".

That's how crypto feels like right now.

@ensdomains is drastically improving the crypto UX by providing web3 handles.

Let me explain how👇
1/ Before we even get into ENS, let's talk about Domain Name Server (DNS).

DNS has been a functional component of the internet since the mid 80s.

It was created as a solution for a friendlier Internet UX.
2/ Think of DNS as the phonebook of the internet.

When you enter a website name in your browser, the human readable name is being translated to the machine readable ip-address.

(Image by Kinsta)
Read 26 tweets

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