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Nov 10 14 tweets 3 min read
Looking for the next multi million dollar opportunity in Web3?

Spoiler: It isn’t buying JPEGs.

We’ve broken down the biggest opportunity we believe builders have to capture immense value during the next bull run.

An intro to blockchain as a service (BaaS) 🧵👇
In the last 3 months, some of the biggest companies in the world have explored how Web3 can accelerate their business objectives.

Reddit, Starbucks, Meta and many more have launched Web3 projects during the ‘bear’ market.
As we race towards mass adoption of crypto, brands in every industry will begin exploring how they can integrate web3 into their business strategy.
Some trends to look out for:

- On-chain loyalty programs (Starbucks)
- Digital asset marketplaces (Reddit)
- Creator tools (Meta)

All of these use cases will bring huge value to businesses who use blockchain tech over Web2 infrastructure.
The problem? Web3 is still inaccessible for many.

This includes decision makers at some of the world’s biggest companies.

Writing contracts, choosing the right blockchain, connect wallet flows, implementing payments etc…

These are complex steps for non-native builders.
Complexity is your opportunity.

Abstracting away complexity is one of the most consistent trends in tech

Today, you don’t need to understand how to code to build a simple website.

In the future, you wont need to know how to write a smart contract to unlock the power of Web3.
Building tools which make it easy for businesses to build blockchain enabled apps is one of the biggest opportunities in Web3.

Founders need intuitive apps which take care of the blockchain infastructure so they can focus on building their business.
Every industry will need its own set of tools to easily build and launch Web3 projects.

For example, musicians who want to launch their album as an NFT collection won’t use the same platform as a property developer looking to sell apartments on-chain.
Here are two examples of platforms already taking advantage of this opportunity:
Mintgate is a platform for creators to easily sell NFT gated content.

Creators can build token gated stores and an NFT drop which their audience can buy to access the token gated experience.

Mintgate takes care of the smart contract deployment and token gating for the creator. Image
EVEN is a platform for artists to launch pre-release NFT drops for albums.

The NFTs unlock rewards: merch, early listening access and even a cut of royalties.

Artists don’t have to worry about the web3 infrastructure, and instead focus on marketing the drop to their audience. Image
The secret weapon powering both of these platforms?

They're both using thirdweb’s smart contract deployment flow to power the Web3 infastructure for their users.
Our tools make it easy for anyone to build a blockchain as a service platform without having to worry about building smart contracts for their users.

Our contracts are free to deploy, fully audited and 100% owned by the wallet which deploys them.
Time to build!

Our very own @jarrodWattsDev has created a tutorial on how to build a Web3 creator tool.

Create a front-end application where users can:

- Mint an NFT onto the blockchain
- View the NFT they just minted.

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More from @thirdweb

Nov 10
We believe creators should be able to choose whether they want to enforce royalties on sales of their work.

In light of this, we've launched a set of pre-built smart contracts which support and inherit Opensea's new on-chain royalty filter:

Details. 🧵
Royalties are a big reason why many creators chose Web3.

Until we can enforce royalties with code, we believe creators should have the tools they need to build projects which best suit their model.

Ultimately, we believe the creators and artists should have the choice.
We've made it simple to deploy contracts that follow Opensea's royalty filter, including:

✔️ Signature Drop (+OSRF)
✔️ NFT Drop (+OSRF)
✔️ Edition Drop (+OSRF)
✔️ Multiwrap (+OSRF)
✔️ Pack (+OSRF)
✔️ NFT Collection (+OSRF)
✔️ and Edition (+OSRF)!

thirdweb.com/deployer.third…
Read 6 tweets
Nov 8
We're excited to announce the winners of our first-ever @solana x thirdweb Hackathon! 🎉

3 incredible projects built by the community.

Check them out:
🥇 dungeon3 by Giovanni Fu Lin (@giovannifulin),
🥈 RareLabs by Freddy González (@fredoist),
🥉 Rakugaki by @ookimaki_dev!
Our first-ever hackathon featured over 200 developers building the next generation of web3 technologies on @solana.

With so many amazing projects, it was a challenge for our awesome judges including @saminacodes, @FarzaTV, @NHeinDev, & @ahnchrisj!

Who are the finalists? 🧵👀 ImageImageImageImage
3rd place: Rakugaki by @ookimaki_dev! This project creates stunning images and mints them as NFTs on the @solana blockchain!

It's the perfect tool for anyone looking to create and certify AI images. Input text + Rakugaki will generate images from it. Image
Read 6 tweets
Nov 8
NFTs are powerful for representing membership to a club or subscription to a service.

However, smart contracts are not built to capture revenue with this model.

Here’s a breakdown of a new contract from @UnlockProtocol which unlocks the lucrative potential of membership NFTs🧵
Most memberships in the real-world have a time-based component to them.

You are a member of your gym for a year for example, and there is an expiration date for when that membership ends.
While there have been a number prior NFT projects that confer “membership” based on the possession of a token, those memberships are binary.

If you have the token you’re in, and if you don’t, you’re not.
Read 10 tweets
Oct 12
ANNOUNCEMENT.

Solana is live on thirdweb.

We're excited to bring our full stack web3 development kit and network of 60,000 builders to @solana.

A new era for Solana development starts today. 💫

Details. 🧵
@solana We launched thirdweb to simplify the web3 development workflow.

Our free tools made deploying smart contracts and building apps fast, simple & effective.

We've spent the last 11 months working closely with web3 devs to perfect our product to give builders the tools they need.
@solana During this time, the most requested update from our community was to bring our tools to Solana.

Read 8 tweets
Oct 5
In September a new smart contract standard was approved which will create powerful applications for Web3 in gaming + finance.

ERC3525 expands on ERC1155 and introduces semi-fungible tokens to unlock exciting new use cases for NFTs.

Here’s all you need to know about ERC3525. 🧵
ERC3525 is a standard for semi-fungible tokens.

The contract is designed to combine elements of the ERC721 and ERC20 contracts to create assets which have unique properties (like an NFT) and identical properties, so they can be treated as fungible (like an ERC20 token.)
Consider two weapon NFTs.

The weapon ‘type’ could be the same for both - A sword.

But the colour of the sword is different. One red, and one blue.

ERC3525 standard allows the NFTs to be fungible because they share the ‘sword’ attribute despite being different colours.
Read 11 tweets
Oct 4
The next billion dollar Web3 company won’t be a 10k PFP drop.

As Web3 matures, new business models are emerging which early builders are taking advantage of.

Here are 5 examples of projects you can build today which go beyond PFPs. 🧵
1) Low/No-Code Creator tools.

Help creators and builders launch Web3 experiences more easily by creating tools to easily build on the blockchain.

Focus on building tools for niche audiences to quickly capture demand.
Mingate is a platform for creators to easily sell NFT gated content.

Their audience can buy NFTs to unlock exclusive content and digital experiences. Creators can easily build and deploy their gated stores using Mintgates tools and contract deployments.

mintgate.io Image
Read 12 tweets

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