Thread by @CryptoSocietyS1

As we dig into big questions around the societal and cultural implications from crypto, it's helpful to have a good understanding of the basics of web3, DAOs, NFTs, & DeFi.

So, we created a lil web3 starter pack for those brand new to the space 👇

notion.so/cryptosociety/…

🌐 Web3

In this short article, you'll learn how content and the relationship between internet and creators have changed web 1 to web3.

Web1: Read
Web2: Read, Write
Web3: Read, Write, Own

Author: @eshita

eshita.mirror.xyz/H5bNIXATsWUv_Q…

Web3 is about a few key themes or human issues: future of work, digital identities, decentralization of power, interoperability, etc. So the first question in web3 should be: what do you care about?

Author: @ldf_gm

mirror.xyz/ldf.eth/0GZJd0…

A 44-page slides covering all the basics from blockchain history to Layer 2s to social tokens. Everything you need to know about web3 - Katie has in this powerhouse of a primer!

Author: @katiewav

docs.google.com/presentation/d…

For folks to jump right into the Web3 rabbit hole, featuring the most frequently asked and fundamental crypto questions, the web3 starter pack by Jay.

Author: @jay_drainjr

docs.google.com/document/d/1SW…

In this video, you'll learn how web3 differs from the past versions of the internet. Cryptocurrencies and decentralization are changing how we interact with the web forever.

Creator: @WhiteboardCryp1

Web3 ushers in the era of your personal, digital, freedom. Free from what though, you ask?

Creator: School of Block

🏡 DAOs

"It's an organization Jim, but not as we know it...”

TLDR: An online community with a shared crypto wallet.

Author: @AragonProject

blog.aragon.org/what-is-a-dao/

The easiest way to understand DAOs is to compare it to companies.

@ajbeal explains DAO participation through the use of Archon Fung’s “Varities of Participation” community model.

30000feet.substack.com/p/issue-33-dao…

Author @ljxie is the queen of accessible guides on all things crypto 🙌 

In this guide, she explains what DAOs are with examples, explores future use cases, and touches upon potential issues.

linda.mirror.xyz/Vh8K4leCGEO06_…

If you’re overwhelmed by the jargon thrown around the internet, this is for you. This is not a just a glossary!

@sarah___wood illustrates concepts like self-governance and ownership with an experience we’re all familiar with - school.

mirror.xyz/swood.eth/3Awo…

🎨 NFTs

You might have heard about NFTs selling for a ton of $ and wondered what the big deal was. This @coinbase article gives you an overview of what non-fungible means, why NFTs are important, & what kinds of things you can do with them.

coinbase.com/learn/crypto-b…

@ljxie's article goes further in depth about what makes NFTs an exciting technology and their various use cases, from art to gaming to real estate.

linda.mirror.xyz/df649d61efb92c…

@cdixon provides 3 reasons why NFTs offer fundamentally better economics for creators:

(1) removing rent-seeking intermediaries
(2) enabling granular price tiering
(3) making users owners, thereby reducing customer acquisition costs to near zero.

cdixon.org/2021/02/27/nft…

@jessewldn discusses how NFTs are becoming the "port of entry" for every piece of media on the internet. The business model enabled by NFTs is better for every stakeholder involved with a marketplace built around true digital ownership.

variant.mirror.xyz/T8kdtZRIgy_srX…

What is an NFT? How do I buy one? Why would I want to buy a digital file that I can just copy in a second? Is it just another bubble?

Creator: 99 Media

Before NFTs, no one can own digital files because they can easily be copied. Blockchain has unlocked the ability to record true ownership of a file.

Creator: Simply Explained

💰 DeFi

@odyssey_dao gives you a quick overview of what decentralized finance (DeFi) is, how it compares with traditional finance (TradFi), and DeFi applications that are popular right now.

odysseydao.com/articles/what-…

Another Linda favorite 💕 

In this guide, @ljxie covers several foundational topics in DeFi, including stablecoins, decentralized exchanges, and composability.

nakamoto.com/beginners-guid…

In short: DeFi is a global, open alternative to the current financial system. It differs through products and services built on open-source technology that anyone can use to borrow, save, invest, trade with and more.

Author: @masonmarcobello

thedefiant.io/what-is-defi-u…

Zoom out - what is the future of finance? Is decentralized finance better than the current financial system? What problems does it solve? And does it have a chance to improve or completely replace traditional finance?

Creator: @finematics

In this DeFi 101 'workshop' we'll cover the DeFi basics, written by DefiDad. Everything you need to know to get started in the occasionally baffling DeFi crypto space.

Creator: @DefiantNews

youtube.com/playlist?list=…

Special thanks to @plaintextbread, @lixianxlb, and @wendalewis for their hard work in putting this together. Please share the pack with anyone new to the space :)

p.s. we're launching an ambitious curation project in a few months: @thelexicon0 👀

notion.so/cryptosociety/…