What is Web 3.0?

What is Decentralisation?

Will Web 3.0 be fully decentralised?

We will be examining a potential winner of Web 3.0.

$FLUX

/THREAD
The question that must be asked firstly:

Who controls the internet?

The answer is very simple.

Amazon Web Services (34%)
Microsoft (18%)
Google (9%)

One third of the internet runs on a centralised entity...

/1
Are there problems of current #Web2

Yes.

Recently, there has been outages from these centralised servers.

Affecting the revenues of businesses all sizes.

Especially as we move more online under this Digital Age.

Let's talk about the evolution of #WEB3

/2
The evolution of #WEB3 means we can OWN our network

Here is a breakdown of the internet thus far..

Web 1.0 Read

Web 2.0 Read and Write

Web 3.0 Read, Write and Own

$FLUX solves this "own" dilemma

/3
Large social media presences have highlighted the domination of #WEB3.

Insider allocation is dominant.

We will not own our data in the coming future therefore.

Depending on your definition of ownership.

Do we really own our data?

/4
$FLUX is a solution.

With over 96.4% public allocation. This is more indicative of true decentralisation.

Let's discuss their competitors.

/5
The main competitors are $ICP and $STACK.

However they have huge insider and VC allocation.

This decreases the viability for adoption.

If our data cannot be kept private. The change will not be made.

Owning your part of #WEB3 means you gain access to applications...

/6
This can include in the case of FLUX

$KDA

$SOL

$TRON

$ETH

$BSC

All whilst retaining the ability to GPU mine it.

/7
In terms of building the foundation of #WEB3.

Flux has set out part of what it wants to achieve.

The notion of parallel assets.

The launch of over 50 applications on their network in the last month.

Adoption is coming and FAST...

/8
Briefly discussing current metrics:

$FLUX

Price: $1.76

Market Cap: $389 Million

Fully Diluted MC: $769 Million

Market Rank: 164

Max supply: 440,000,000

Circulating supply: 224,342,117

/9
It's not hard to look at these metrics.

Then look at their services.

And not to be bullish.

Personally, I will be adding to a fairly large position in $FLUX in the coming weeks.

The construction and foundation of #WEB3 is a trillion $ industry.

Winners take all.

/10
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@RunOnFlux #Flux
You guys really screwed up my DCA entry on #Flux after my thread.

Congrats to those who are waking up to a fraction of what @RunOnFlux is providing.

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More from @Crypto8Fi

24 Dec
When investing into something, particularly crypto but even stocks.

The most difficult thing is not whether the technicals line up.

It is not whether the project has a good team or lots of marketing.

It is always and I repeat ALWAYS, does the project solve a problem?

/THREAD
What do I mean by this.

Let's make reference to X being the investment.

This won't be a long thread by any means.

Very simply the questions you should ask about "X" are:

What does X aim to do?

Does X have the vision to execute this?

Does the problem need solving?

/1
Often, problems don't actually need solving.

Cryptos more often than stocks are made up as a meme and are pumped by influencers. No problem solved.

NFA: Keep money away from these projects.

It is likely they will rug pull you at a given oppurtunity.

You are exit liquidity

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23 Dec
Financial freedom is what we should all seek.

Not retirement. Not a fixed hours job.

To truly be able to experience even 10% of the world.

You have to have time.
But also money.

I will document my journey of my path to financial freedom here.

Start date: 17 December 2021
Let me document what has happened so far...

In the hopes of coming back to this one day.

Therefore this shall be the first of the "Financial Freedom" threads.

#financialfreedom

THREAD
A little bit of background about myself.

I have been in crypto since 2016.

However, investing little and staying on the side most of the time.

A couple of weeks ago. I received news that severely affected my finances.

I didn't have any income to support it.

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23 Dec
A thread of threads with all my guides on:

-Undervalued Altcoins
-Market Sentiment
-Technical Analysis
-DeFi 2.0
-Financial freedom
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This will be an ongoing thread that will be updated every week, so make sure to bookmark it.

THREAD
A Layer 1 Solution that may solve the trilemma proposed by Vitalik Buterin...

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Read 6 tweets

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