New technology brings massive opportunity.

But 99% will miss the boat.

Here's why you MUST finally learn web3 (in 2023):

Web3 is the future of the internet.

You need to keep up, or you may become irrelevant. ✔️

[img @TokenInsight]

Digital ownership.

You are a digital serf providing the content and attention that drive the internet.

While the Big Tech platforms make trillions, you earn $0.

Web3 gives you online property rights, making you a digital owner. ✔️

[img @a16zcrypto]

Privacy.

You have no privacy online.

Your identity and activity are entirely visible on the backend.

With zero knowledge proofs, web3 creates privacy and safety for users. ✔️

Security.

Centralized databases are regularly hacked leading to data breaches, identity theft, and more.

These cost hundreds of billions, annually, and put you at risk.

Web3's decentralized storage provides relatively un-hackable security. ✔️

Your identity.

Currently, your identity is "owned" by some centralized organization (government, DMV, IRS) bank, mobile company, or digital platform.

Web3 provides a way for you to own and control your digital and IRL identities. ✔️

[img @bit2me]

Your data.

Data is 'secret' multi-trillion-dollar/
100+ zettabyte economy.

Web3 formalizes the data economy, allowing data to be transparently bought and sold, while maintaining privacy. ✔️

[img @oceanprotocol]

No middleman.

We are familiar with the phrase "starving artist."

It's time for creatives, artists, musicians and content creators to have the tools to build wealth.

Web3 lets you reach your audience and sell your work without intermediaries taking a cut. ✔️

Unlock trapped capital.

It takes 2 days to settle a credit card transaction.

Web3 settles transactions instantly, freeing up capital and growing the economy. ✔️

Autonomy in business.

Business has always required trust.

Web3 allows individuals and businesses to have more autonomy by supporting trustless transactions.

You can do safe and secure transactions with anyone, anywhere. ✔️

Automate transactions.

The free market is hardly free, even sending someone money costs money.

Web3 automates and executes complex transactions with smart contracts.

Reduces the cost of business. ✔️

Financial access for the unbanked.

Globally, more than 1.7 billion people have no access to financial products.

Web3 brings DeFi - decentralized finance - allowing anyone with the internet to access loans and transact business.

Transforms the poorest communities. ✔️

Decentralize AI.

Let's face it, AI is just another form of Big Tech.

It centralizes power.

Web3 decentralizes power and can solve this huge AI problem. ✔️

More in this piece from @alive_eth:
https://a16z.com/2020/07/24/long-tail-problem-in-a-i/

Accurate news.

These days it's hard to know fact from fiction, online.

Web3 can be used to verify the legitimacy of news stories. ✔️

More from @washingtonpost:
https://www.washingtonpost.com/technology/2022/04/18/war-crimes-prosecutions-evidence-blockchain/

Fight censorship.

Freedom of expression is crucial for human rights, democracy, and progress.

Web3 technology is censorship-resistant, enabling free expression and the sharing of information. ✔️

[img Ahdieh Ashrafi]

Equality and equity.

Financial systems have historically oppressed marginalized communities and nations.

Web3 provides innovative governance models and tokenomics.

This helps them regain control of their finances and their future. ✔️

It's reflected in adoption rates 👇

Tokenization of real-world assets.

In current markets, everything is siloed, with different platforms and
intermediaries.

In web3, any asset of value or income stream can be tokenized.

This creates endless new opportunities for business and innovation. ✔️

Better structures for companies and organizations.

Existing company structures can be problematic.

DAOs are a web3 organizational structure that are owned and run by members. ✔️

Community-driven economies.

Community is an afterthought in current economic structures.

In web3, communities become the Fortune 500s of 2030:

Designing products, owning businesses, and creating economies. ✔️

Innovation.

Web3 companies are among the most innovative.

They are building products that transform almost every aspect of how we live.

It's an excellent time to learn web3 and join a team that is shaping the future. ✔️

Here's a list of top startups:

https://twitter.com/mishadavinci/status/1566427754450395137?s=20&t=7_ex9wt4mMnup1dkUM3e6A

Here's a viral thread on why web3 matters from @cdixon 👇

https://twitter.com/cdixon/status/1442201621266534402?s=20&t=Wu2fqGkhmjJaPg_348qVZA

More on key web3 concepts:

https://twitter.com/mishadavinci/status/1584195776460165126?s=20&t=FxhFNpd6oW1m1PzeF-lVRw

And top resources to learn web3 (for free):

https://twitter.com/mishadavinci/status/1556282986164895747?s=20&t=535aEkqR59SNQ4MqsHUpaQ

If you want to learn web3 with a group of super smart people from around the world

Join me Jan 25 - 27.

Learn more here:
https://maven.com/misha-da-vinci/become-a-web3-leader

My FUTURE OF THE WORLD newsletter comes out twice every week.

Subscribe and get ahead of the future 👇

https://mishadavinci.substack.com/p/the-10000-hours-rule-is-wrong-generalists

Embracing Web3: The Future of the Internet

Work, create, & communicate like a GENIUS in 2023.

100+ Artificial Intelligence Tools

(you'll wish you always had):

Audio
Chatbots
Coding
Copywriting
Design
Images
Learn & Organize
Music
Photography
Product Insights
Sales
Search
Video
Writing

AUDIO

Dupdub.com - engaging voiceovers in seconds.

Resemble.ai - create human–like voice overs.

Soundful.com - unique, royalty-free tracks.

VALLE-demo.github.io/- preserve emotion & acoustic environment of the acoustic prompt.

CHATBOTS

Chai.ml - build and deploy an AI chatbot to thousands of users.

Character.AI - have open-ended conversations and collaborations with computers.

Openai.com/blog/CHATGPT - get help writing or coding almost anything.

Circlelabs.xyz - make your own bots and chat with them.

Mygemsouls.com - create virtual characters.

Meetmaya.world - combine business with external data to develop faster and more accurate decisions.

Quickchat.ai - build AI Assistants.

CODING

AI2sql.io - efficient, error-free SQL queries w/o knowing SQL.

Codiga.io - code snippets & analysis.

Debuild.app - code apps in secs.

Durable.co/ai-website-builder - build sites in secs.

Excelformulabot.com - turn text to Excel.

Mintlify.com - beautiful documentation that converts.

Moderne.io -keep up with API changes.

Mutable.ai - build fast with production quality using AI.

Ottertune.com - database admin.

Pygma.app - turn Figma designs into high-quality code

Replit.com - accelerate coding with AI assistance and mobile app.

Stenography.dev - automatic documentation.

Tabnine.com - AI assistant for software developers.


COPYWRITING

Anyword.com - copywriting AI.

Clickable.so - create ads in seconds.

Contenda.co - reimagine your content in new formats.

Contents.com - power your content strategy.

Hypotenuse.ai - write content in seconds.

Jasper.ai - create amazing, original content 10X faster.

Novelai.net - AI-assisted storytelling.

Novuswriter.ai - content creation with AI.

Peppertype.ai - virtual content assistant.

Writer.com - AI writing for teams.


DESIGN

Deepimagination.cc/Magic3D/ - text-to-3D content creation

Diagram.com - magical new ways to design products

Uizard.io - design apps, sites, prototypes

Vizcom.ai - see your drawings come to life
in seconds

IMAGES

Botika.io - unleash the potential of unlimited visual content.

Craiyon.com - AI model drawing images from any prompt.

Openai.com/dall-e-2 - create realistic images and art from a description in natural language.

Lexica.art - The Stable Diffusion search engine.

MidJourney.com - create beautiful AI-generated artwork by simply entering a text-based prompt that describes the image

Pixelz.ai - AI Art Generator

Playground.ai - search tool for ai generated images.

Rosebud.AI - AI Generated Visuals.

Stability.ai/blog/stable-diffusion-v2-release - text-to-image with default resolutions of 512x512 and 768x768 pixels.

Waifulabs.com - AI that draws custom anime portraits.

LEARN & ORGANIZE

Cogram.com - effortless
meeting notes and action items

Get.mem.ai - capture, share, and make use of knowledge.

Fermat.ws - brainstorm with AI on a spatial canvas.

Tutorai.me - learn anything

MUSIC

Aimi.fm - experience interactive music.

Aiva.ai - AI composing emotional soundtrack music.

Boomy.com - make instant music and share it with the world.

Harmonai.org - open-source tools to make music production more accessible.

Mubert.com - human X AI music
for videos, podcasts & apps.

Soundraw.io - music generator for creators.

Splashmusic.com - compose original music lyrics.

PHOTOGRAPHY

Faceapp.com - photo-editing application that offers more than 60+ filters.

Getalpaca.io - Photoshop plugin for generative AI.

Imagen.ai - Personalized photo editing.

Prisma-ai.com/lensa - all-in-one image editing app that takes your photos to the next level.

Photoroom.com - remove background automatically, create professional images.

Stylized.ai - AI photo studio for product photos.

PRODUCT INSIGHTS

Askviable.com - automate your qualitative data analysis.

Enterpret.com - spot emerging feedback trends, integrate with product analytics for deeper insights.

Staircase.ai - uncover your blind spots from customer communications

SALES

Creatext.ai - researches your prospects & suggests hyper-personalized snippets for your outreach.

Lavender.ai - improve your sales team's workflow.

Oliv.ai - shine in every meeting and monitor sales process adoption.

Outplayhq.com - makes selling easy.

Smartwriter.ai - generate 1000s of personalized emails that get you 8x more replies.

Usetwain.com - AI communication assistant for outreach

SEARCH

Algolia.com - search and recommendation services to create world-class digital experiences.

Andisearch.com - your smart search assistant.

Glean.com - searches across all your company's apps.

Metaphor.systems - reimagining search

Neeva.com - honest search engine, no tracking, no corporate influence.

Perplexity.ai - search anything.

You.com - the search engine you control.

VIDEO

Hourone.ai - text to video/virtual presenters.

Rephrase.ai - create digital avatars.

Runwayml.com - precision editing.

Synthesia.io - videos from plain text

Tavus.io - personalized videos in one click.

WRITING

Ai21.com - language models for reading and writing.

Compose.ai - cut your writing time by 40%.

Fableml.com - writing and publishing tool powered by LLMs.

Glasp.co - organize quotes and ideas from the web.

Gomoonbeam.com - everything you need to write killer long form content.

Grammarly.com - great writing, simplified.

Hyperwriteai.com - idea to final draft, faster.

Writewithlaika.com - train AI on your own writing for a personalized assistant.

Lex.page - unlock your best writing.

Novelai.net - AI-assisted storytelling.

Novuswriter.ai - content creation in the AI age.

Rytr.me - AI writing assistant that helps you create high-quality content.

Subtxt.app - AI-powered storytelling.

Sudowrite.com - bust writer’s block with our magical writing AI.

Superfragile.com - harness the mind's extraordinary potential.

Wordtune.com - your thoughts in words.


My web3 course is back this month.



Join me and top thought leaders for a life-changing 3 days.



Check it out here 👇
https://maven.com/misha-da-vinci/become-a-web3-leader

My free 2x-weekly newsletter is a great place to get up to speed with the future.

Learn more and subscribe here 👇
https://mishadavinci.substack.com/

SOURCES:

Startups @builtwithgenai https://airtable.com/shr6nfE9FOHp17IjG/tblL3ekHZfkm3p6YT


To succeed in the future, you MUST learn web3. 

These 7 world-changing concepts get you up to speed:

1. WEB3 - the new version of the internet that is rapidly emerging on blockchain computer networks like Ethereum.

Web3 transforms the internet, making it a better place for humans.

In the early 1990s, web1 emerged with HTML and URLs.

It allowed users to navigate between pages, but the content was static.

Web1 is the read-only version of the web.

In the early 2000s, web2 brought the ability to interact.

Google, YouTube, Facebook and Twitter meant we could watch, search, and share.

But while we created the content, it all 'belonged' to these platforms. 

Web2 is the read + write version of the web.  

"But the tech giants that dominated web2 made a fortune from tracking and monetizing user data. 

Combined annual revenue of Alphabet (Google), Amazon, Apple, Facebook and Microsoft is around $1.2 trillion in 2021."

(img appinventiv)

In the 2020s, web3 is bringing digital ownership to users.

Now you can own digital assets, control your content and data, and more.
 
Web3 is the read + write + own version of the web.

https://twitter.com/cdixon/status/1476443819323236357?s=20&t=LsOhmXh8r3wvyOUK52lZKw

2. DIGITAL OWNERSHIP - you can create or purchase a digital asset and have full control of it.

You have digital property rights, can perform transactions or move your assets. Any value accrues to you.

Digital ownership is possible because of non-fungible tokens.

Ownership, scarcity, and uniqueness are hard to establish online.

NFTs allow online assets to have verifiable scarcity and ownership that cannot be manipulated. 

They bring the elements that endow physical assets with value, into the digital realm.

https://twitter.com/cdixon/status/1477416949986430976?s=20&t=CPYkRKpifpuarW5syXS4qQ

With digital ownership you: 

• own your online identity and social media content 
• can and move it from one online platform to another
• own your online personal, medical data and browsing history 
• can participate in and benefit from the internet economy.


Here's a deeper look into the ownership possibilities that tokens bring to the internet and your digital life:

https://future.com/tokens-are-a-new-digital-primitive/

3. TRUSTLESS - a system that executes a transaction without any need for the humans involved to trust each other. 

The system creates the trust that is required.

A trustless system eliminates the need for participants to know or trust each other for the system to work. 

There is no need for an intermediary, such as a bank or exchange, to ensure the outcome.

Computer code executes the task.

Blockchain technology uses smart contracts to facilitate trustless interactions between users.

It allows total strangers from distant parts of the globe to do business without an intermediary. 

The smart contract executes the transaction for them. 

Users trust the code and eliminate the middleman.

Trustless systems transform business, finance and even voting systems.

In this video @alive_eth delves into the meaning, history and future of trust and how it impacts the world.

Crypto, the Future of Trust 

https://www.youtube.com/watch?v=G0rZcpfF5dU

4. PERMISSIONLESS - a system that lets anyone participate without need for approval from a central authority.

A public blockchain like Solana is permissionless.

It's an open network where anyone can participate in the consensus process that is used to validate transactions.

Key characteristics of a permissionless system are:

• full transparency
• open source
• anonymity 
• lack of a central authority

Web3 is built to be permissionless. 

Everyone can have equal access to participate and no one is excluded.

It is a paradigm shift that allows billions more to:

• participate in the economy
• develop new applications
• expand creative opportunity
• build a far better world.

What "permissionless" means and why it matters to DeFi from @DefiantNews

https://youtu.be/7cHzZ-oB-34

5. ZERO KNOWLEDGE - a way to prove knowledge of a particular set of information without actually revealing what that information is.

It’s an authentication system without any exchange of sensitive data.

Zero Knowledge techniques are a powerful way to protect and preserve your online security and privacy in web3. 

Let's say you need to be a certain age before you can sign up for a service, with ZK you can deliver proof of your age without sharing your private info.


ZK is another web3 component that will transform how we live.

It will allow anyone to make a completely private transaction on their mobile and then settle that on a trustless blockchain.

This video shows how ZK enables privacy-preserving use cases 👇 

https://youtu.be/7VmI8fRYHMQ

6. DECENTRALIZED - the transfer of supervision and decision-making from a centralized association (individual, corporation, or group of people) to a dispersed network. 

It is foundational to blockchain technology and every aspect of the web3 movement.

'Blockchains are politically decentralized (no one controls them) 

Architecturally decentralized (no infrastructural central point) 

But logically centralized (one commonly agreed state and the system behaves like a single computer).' @VitalikButerin 

https://medium.com/@VitalikButerin/the-meaning-of-decentralization-a0c92b76a274

Decentralized networks empower entrepreneurs, creators and developers by providing a level playing field. 

They are a better way to build the internet.

More on why decentralization matters from @cdixon 👇 

https://onezero.medium.com/why-decentralization-matters-5e3f79f7638e

7. COMPOSABILITY - the ability for components of a system to be reconfigured into larger structures and for the output of one to be the input of another. 

In web3, composability leads to more choice and better user experiences. 

Anyone can take an existing idea and making it easier to use or adapt it to new use cases.

In software, composability is an exponential force. https://twitter.com/cdixon/status/1451703067213066244?s=20&t=_xvLXrEMnbyqOuob7srt8A

Developers can bootstrap their own projects without having to build from scratch.

Non-crypto businesses can plug into open ecosystems.

NFTs can be used as collateral.

Composability transforms the world! More from @ljxie 👇 
https://future.com/how-composability-unlocks-crypto-and-everything-else

7 world-changing web3 concepts

1. web3
2. digital ownership
3. trustless
4. permissionless
5. zero knowledge
6. decentralized
7. composability

That's it, folks. I hope this was useful.  



If you enjoyed it, please share by retweeting the first tweet. 



I write about the ideas, trends and people shaping web3 and our future. You can follow me @MishadaVinci.


My next cohort of Become a Web3 Leader is happening soon. 

You can learn more and join up here 👇 

https://maven.com/misha-da-vinci/become-a-web3-leader

Web3 lingo is confusing.

This list of 50+ terms will get you up to speed (fast):

First, the SLANG:

ALPHA - early investment advice or information that puts you ahead of the game

APEING IN - buying into an NFT project, perhaps without due diligence

BTFD - buy the f'ing dip, when a crypto price is dropping hard, that's the time to buy in

BUIDL - build useful stuff, when crypto is dipping, building useful stuff proves that it's still valuable.

DEGEN - degenerate/gambler, someone shooting at all chances, possibly taking extreme risks

DYOR - do your own research before you invest in cryptos, buy NFTs etc.

FOMO - fear of missing out

FREN - friend

FUD - fear, uncertainty and doubt

GM - good morning
GN - good night

GMI - gonna make it
NGMI - not gonna make it
WAGMI - we're all gonna make it


HODL - holding on for dear life when a crypto price tumbles

IRL - in real life

PROBABLY NOTHING - often used sarcastically to mean the opposite. It probably is something.

REKT - wrecked, refers to a crypto trader who is ruined due to losses from a price crash

RUGGED - when developers market a project to generate sales and then abandon it, taking existing profits and the project value (and buyer's NFT) goes to zero

SHILL – unsolicited endorsing in public, promoting an NFT you're dropping or a coin you’ve invested in

SWEEP THE FLOOR - buying NFTs in bulk at the floor or base price

WEN - when 

WHALE - individuals, institutions or exchanges that hold significant amounts of tokens of a particular cryptocurrency

Now Basic Terms:

ADDRESS - a string of characters that represents a wallet that can send and receive cryptocurrency

AIRDROP - a marketing campaign that distributes a specific cryptocurrency or token to an audience via wallets

BLOCK EXPLORER - interface that lets you see transactions on the blockchain eg. @etherscan

BLOCKCHAIN - a sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies eg. Bitcoin, Ethereum, Solana, Avalanche


BURN - NFTs or coins are considered “burned” when they have been purposely and permanently removed from circulation

CRYPTO - cryptocurrency, a digital currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend


DAO - decentralized autonomous organization, a blockchain-based org where all involved can have ownership and engage in decision-making

DAPP - decentralized app, any practical application of blockchain and/or cryptocurrency, like mobile games or social sites eg. @CryptoKitties 

DECENTRALIZATION - the transfer of control and decision-making from a centralized entity (individual or organization) to a distributed network

DEFI - decentralized finance, removes the control banks and institutions have on money, financial products and services

FIAT - a term for government issued currencies, like the US dollar or any currency controlled by a central authority

FLOOR - the lowest price available for an NFT in a collection, the minimum amount you need to buy one.

GAS - the fee required to conduct a transaction or execute a contract on the Ethereum blockchain

GWEI - denomination used to define the cost of gas in transactions on Ethereum

MAXI - maximalist, someone who believes that one particular crypto is the only viable one by far and predominantly invests in it

METAVERSE - a digital universe with all the aspects of the real world—real-time interactions and economies. 

MINT - the creation of a new NFT token, turns a digital file into a crypto collectible or digital asset

NFT - non fungible token, a unique digital object that confers ownership of a virtual good, like a digital artwork or online collectible  

PERMISSIONLESS - often used to describe blockchains, a system where no entity can regulate who can use it and how

P2E - play to earn, as in games like @AxieInfinity 

PFP - profile pic, as in @worldofwomennft 

SEED PHRASE - a series of words that unlocks your crypto wallet

It's like your bank account number, your social security number, date of birth, home address, and ATM pin—all in one. 

If someone gets it, they can take all your Crypto assets.


SELF CUSTODY - only you have the possession of your digital assets because you control the private key, versus holding assets at an exchange like Coinbase

SMART CONTRACT - a piece of code that self-executes once certain conditions are met, like a vending machine but online


SOCIAL TOKEN - a type of cryptocurrency that a brand, community, or influencer can use to monetize themselves

TOKEN - a representation of an asset, can be held, traded, or staked to earn interest

TRUSTLESS - an environment where there is no centralized authority such as a bank

WALLET - a place to store crypto assets

COLD WALLET - stores digital assets off-line, making them secure from bad actors but more difficult to use @Ledger
 
HOT WALLET - is online and easily accessible but also more susceptible to hackers @MetaMask

WHITE/ALLOWLIST - a list of addresses that get early and guaranteed access to mint NFTs at a specific date and window of time

Level 2 Terms:

BLOCK - file with information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain

ERC-20 - simple interface that allows for the creation of tokens on Ethereum that can be re-used by other applications, from wallets to decentralized exchanges

ERC-721 – defines non-fungible tokens (NFTs) on Ethereum, allows anyone to create tokens that are completely unique 


IMMUTABLE - data cannot be changed or modified by anyone after its creation, the core defining feature of blockchain

INTEROPERABILITY - the ability to see and share information across multiple blockchains

LAYER 2 - a scaling solution that promotes mass adoption of the Ethereum platform, provides tools to create scalable dapps that prioritize performance, user experience, and security eg. @0xPolygon 

MINING - process where blocks are added to a blockchain, verifying transactions, also how new bitcoin or some altcoins are created

NODE - the most basic unit of blockchain infrastructure that stores data

PROOF OF STAKE - a crypto mining system that rewards mining power to miners based on how many tokens they have, is more energy efficient than 👇 

PROOF OF WORK - a mining system involving solving computationally intensive puzzles to validate transactions and create new blocks

STABLECOIN - a cryptocurrency with extremely low volatility, that has its market value pegged to some external reference such as the USD

STAKING - putting your tokens in to serve as a validator to the blockchain and receive a reward

That's it, folks. I hope this was useful. 

If you enjoyed it, please share by retweeting the first tweet. 

I write about web3, the future and living your best life. You can follow me @MishadaVinci.

Web3 is where the future is being built. 

Ready to join this exciting new economy?

Check out my new course and use coupon EARLYBIRD250 for special pricing. 

https://maven.com/misha-da-vinci/become-a-web3-leader

50+ Web3 Terms to Know

NFTs are not a passing fad, they're the economy of the future.

Here are 7 ways they can change YOUR life:

1. Get paid fairly

How: NFTs put power and economic control back into the hands of digital creators

Example: artists, musicians and creators are using NFTs to make $$$$ for their work

What you can do:

If you're an artist, musician or creator, stop giving your work away for pennies.  

Upgrade your art/music/content to NFTs and get compensated for the value you create.  ✔️ 

Learn how here👇 
https://podcasts.apple.com/us/podcast/how-to-become-a-successful-nft-artist/id1484445852?i=1000553645139


2. Fund your business

How: an NFT campaign could be used to raise funds, build excitement and elevate a business quickly

Example: a business could sell NFTs which guarantee buyers a service at a later date and generate an immediate cash infusion

What you can do:

Create an NFT campaign to raise funds and expand your business or design an NFT customer loyalty program ✔️ 

Learn more here 👇 

5 Ways NFTs Can Kickstart Your Small Business | Inc.com https://www.inc.com/tor-constantino/5-ways-nfts-can-kickstart-your-small-business.html


3. Create a community-based project

How: PFP NFTs are digital identities and grant membership in specific communities

Example: @worldofwomennft, @BoredApeYC and many others have become powerful brands built around community

What you can do:

Want to create a social club, values-based community or transformational business?

Bring it to life and get it funded with an NFT art project. ✔️ 

Learn how in this article by @cryptoyuna 👇 

https://www.one37pm.com/nft/tech/making-of-a-pfp

4. Make gaming worth your time 

How: the play-to-earn gaming model allows players a chance to generate revenues by participating in games

Example: Axie Infinity where players can make up to $2000/month from their NFT Axies

What you can do:

If you're a gamer, seek out games that pay players for the value they bring by participating in the game. ✔️ 

Here are some options:

Axie Infinity
Plant VS Undead
Gods Unchained 
Decentraland
The Sandbox


5. Safeguard your valuable assets 

How: A digital twin NFT is a digital copy and record of ownership of physical assets that helps eliminate counterfeiting

Example: LVMH, Prada, and Cartier partner with Aura to tokenize ownership over luxury goods.
https://auraluxuryblockchain.com/

What you can do:

Utilize new authentication platforms like Aura and Nike's Cryptokicks as they become available. ✔️ 

6. Protect your medical data

How: medical data is converted into an NFT allowing a patient to own and monetize their own data

Example: Aimedis is a hospital chain in the metaverse, where patients control their data through NFTs.


What you can do:

Checkout platforms like Aimedis and learn how you can protect your own medical data. ✔️ 

https://aimedis.io/patient-medical-ecosystem

7. Monetize your unique genius

Most people have genius that they never express.






Web3 and NFTs are here to change that. 

What you can do:

Stop stopping yourself. ✔️ 

Start following your creative impulses. ✔️ 

Dive into web3 and NFTs, bring your ideas to life and make the world better. ✔️ 

TLDR:
7 ways to use NFTs to change your life
1. Get paid fairly
2. Make gaming worth the time
3. Create community driven business/project
4. Fund business or create marketing campaign
5. Safeguard valuable assets
6. Protect medical data
7. Monetize your unique genius



Learn more about NFTs with these 7 power resources:

1. The @a16z podcast with @ljxie @smc90 @jessewldn

All about NFTs:




What they are  

What forms they take

Common myths and misconceptions

How they work





https://future.a16z.com/podcasts/nfts-explainer/

2. Seven types of NFTs by @cdixon





We can now genuinely own digital objects, and the 7 kinds of NFTs.




https://twitter.com/cdixon/status/1469734078425485317?s=20&t=4z1azkY7FvEp1mYn0to_8A

3. Learn why you only need 100 true fans to be successful as an artist, musician or creator. 

1000 True Fans? Try 100 by @ljin18 

https://future.a16z.com/1000-true-fans-try-100/


4. NFTs make the internet ownable





NFTs have the potential to offer creators and their audiences a viable alternative to platform-driven monetization.



https://variant.mirror.xyz/T8kdtZRIgy_srXB5B06L8vBqFHYlEBcv6ae2zR6Y_eo

5. NFTs have disrupted the digital world and industries from art to gaming to investing. 



https://queue-it.com/blog/exciting-future-nft-trends/

6. How NFTs are building the internet of the future | TED
by @saturnial

How NFTs represent a certificate of ownership on the internet and are changing the game for artists

https://youtu.be/22O6a87-GcQ

7. The NFT Handbook by Matt Fortnow

How to Create, Sell and Buy Non-Fungible Tokens 

Learn exactly what NFTs are, how they evolved, and why they have value. Plus, how to create, sell and buy them.

https://amzn.to/3xgF8vO

That's it, folks. I hope this was useful. 





If you enjoyed it, please share by retweeting the first tweet. 





I write about web3, the future and living your best life. You can follow me @MishadaVinci.

Want to learn more about NFTs and be a leader in this new economy?

I am leading a course at @MavenHQ for artists, creatives and entrepreneurs looking to get started with NFTs and web3.

Check it out here 👇
 
https://maven.com/misha-da-vinci/become-a-web3-leader

Keeping your NFTs and Crypto assets SAFE can seem impossible.

Let's change that.

WEB3 SECURITY 101:

1. Basic Terms & Concepts
2. Choosing Your Wallets
3. The DO's
4. The DON'Ts
5. Protecting Your Seed Phrase
6. Avoiding NFT Scams
7. Phishing Attacks
8. Scams on Discord
9. The Blind Signing Problem
10. OpenSea Hack Lessons
11. The New Web3 Mindset
12. In the Head of the Scammer


1. Basic Terms & Concepts

ADDRESS - a string of characters that represents a wallet that can send and receive cryptocurrency 

It's like a real-life address or email.

Each address is unique and marks the location of a wallet on the blockchain.

PUBLIC KEY - a string of characters that allows you to receive cryptocurrency transactions 

It’s paired with a private key. 

Anyone can send transactions to your public key.

You need the private key to unlock them.

Your ADDRESS is a shortened form of your public key.

PRIVATE KEY - gives you the ability to prove ownership and unlock assets linked to your public address

While your Public Key encrypts the transaction. 

Your Private Key decrypts the transaction.
 
Ethereum Private Keys are 64 random hex characters or 32 random bytes.  {{ img:fd58e9 }}

SEED PHRASE - a series of words that links to your private key

Your seed phrase is like your bank account number, your social security number, date of birth, home address, and ATM pin—all in one. 

If someone gets it, they can take all your Crypto assets. 

May look like 👇  {{ img:520592 }}

HOT WALLET - or software wallet

A form of digital storage for your private keys that you can access on your computer or mobile and is connected to the internet.

Because of the internet connection, hot wallets are not as secure from hackers as their counterparts—cold wallets. 

COLD WALLET - or hardware wallet

A physical device that stores your private keys offline.

Cryptocurrencies are never stored within the hardware wallet itself. They always live on the blockchain. 

The hardware wallet stores your private key. 

There is no back up to this form of storage. 

If you misplace your cold wallet, you lose access to your investments. 

Cold wallets can cost between $60 and $200. 

They look like a USB drive. 
 {{ img:dee946 }}

2. Choosing Your Wallet

You will need both a hot/online wallet and cold/offline wallet.

For ETHEREUM transactions:

Use Metamask for the online transaction.
Then store the key offline with Ledger.

How to use Metamask with Ledger. 👇 
https://www.ledger.com/academy/security/the-safest-way-to-use-metamask

For SOLANA transactions:

Use Phantom for the online transaction.
Then store the key offline with Ledger. 

How to use Phantom with Ledger. 👇 
https://www.ledger.com/academy/the-safest-way-to-use-phantom-with-ledger-hardware-wallet

3. The DO's 

DO start with small transactions and only increase the size when you get the hang of it.

DO your own research before any transaction.

DO segregate your accounts by use - long term storage of coins, free airdrops, minting NFTs etc.

DO store your seed phrase offline on paper, or on a secure steel plate or capsule (more on this below).

DO use the mobile app versions of your wallet/s. Mobiles are more secure environments than laptops.

4. The DON'Ts

DON'T send assets to a wallet that does not support your crypto. You will lose it.  For example: DON'T send Solana assets to a Coinbase wallet.

DON'T keep the keys to your valuable assets in a hot (online) wallet, instead transfer them to a cold (offline) wallet.

DON'T back up your seed phrase on your Google drive or iCloud.  It's hackable. Store your seed phrase OFFLINE.

DON'T take a picture of your seed phrase.

DON'T click on links sent to you via DMs or email. Ever!

5. Protecting Your Seed Phrase

NEVER SHARE YOUR SEED PHRASE WITH ANYONE! 

That gives them full control of your assets.

Store your SEED PHRASE offline on paper, or preferably in a Cryptosteel Capsule. 👇 

https://shop.ledger.com/products/cryptosteel-capsule-solo
 

A scammer's main goal is to steal your seed phrase or the private key to your crypto wallet. 

With it they can log into your wallet from their own device and move all your funds and NFTs to their own wallet. 

Once that happens, there is absolutely no way to get it back. 

It’s vital that you keep your seed phrase safe and not share it with anyone, or on any site. 

You will NEVER, EVER need your seed phrase or private key for any transaction.

If any site or person asks you for either, leave immediately!

https://www.ledger.com/blog/how-to-protect-your-seed-phrase

6. Avoiding NFT Scams


Do your due diligence before buying into a collection. 

During NFT minting make sure you are connected to the correct website. 

Scammers frequently clone websites by making a slight change to the original domain name. 

Double check the name of the project.

Always look for the verified badge.

Check the number of items, volume and floor price. 

Use reverse image search on Google or Fingible for counterfeit detection.

More from @CuriousAddys CEO Maï Akiyoshï👇 

https://medium.com/@maimai816/how-not-to-be-scammed-in-nfts-e8c8bb5dffc5



7. Phishing Attacks

One of the most common ways scammers target NFT collectors is via phishing attacks. 

They may lure you with fake airdrops to trick you into claiming or interacting with tokens. 

When you proceed with the claim, you interact with a malicious smart contract that secretly seeks permission to take your assets. 

If you inadvertently grant permission to the contract, it can drain the assets in your wallet.

Don't trust—verify everything!

8. Scams on Discord

Discord is important for info and community, but it can also be risky.

Look out for:
Servers with FAKE NFT projects.
DMs with links.
ANYONE who says they need your seed phrase.
Free Discord Nitro subscriptions.

Go in-depth👇 
https://bit.ly/3hkzf7C

9. The Blind Signing Problem

When you sign a smart contract without key contract details being fully extracted and displayed that is blind signing.

This is a vulnerability that can be exploited. 

Learn more here👇 

https://www.ledger.com/academy/cryptos-greatest-weakness-blind-signing-explained



10. The OpenSea Hack: Key Takeaways on Web3 Security

Revoking permissions
Avoiding blind signatures
Not mixing web3 and emails

https://cryptobriefing.com/opensea-hack-key-takeaways-web3-security/

11. Crypto Security and the New Web3 Mindset 

The @a16z Podcast Ep 639 with @eddylazzarin and @ZoranBasich 

Best practices and options for securing crypto including practical approaches ranging from passwords to crypto wallets and more.

https://future.a16z.com/podcasts/crypto-security-and-web3-mindsets/

12. In the Head of the Scammer from School of Block by @Ledger 

Understanding the scammer 
Never give out your recovery phrase! 
What are scammers looking for? 
The main traps to look out for
Phishing 
Device scam 
Bad links 
SIM swaps 
And more.
https://youtu.be/iGQpgYVfbt0

Knowing how to secure your assets is key to thriving in web3.

If you found this valuable, please share by retweeting the first tweet. 

I write regularly about web3, the future, and living your best life.

For more, follow me @MishadaVinci.

I gathered the most POWERFUL resources for understanding web3.

Saved you 100+ hours of research.

These 20 completely FREE resources will get you up to speed, quickly:
🧵

1. @a16z The Crypto Canon by @smc90 @cdixon @jessewldn et al.

In depth readings on all aspects of Crypto. 

From building blocks and key concepts to tutorials and guides.

https://a16z.com/2018/02/10/crypto-readings-resources/

2. Whiteboard Crypto

The top YouTube channel for learning Web3.

Simple videos that make it easy.

https://www.youtube.com/c/WhiteboardCrypto

3. The Tim Ferriss Podcast @tferriss with @cdixon and @naval 

The wonders of web3, the right amount of Crypto regulation, the untapped potential of NFTs and more. 

Still the best convo on web3! 

Listen to it again and again. 

https://youtu.be/DlNDYMNJ5zQ

4. Where it Happens Podcast Ep 6 @sahilbloom @gregisenberg with guest @alexisohanian 

The unlimited potential of web3, why community is the future and how a web3 investor thinks.

https://youtu.be/-n5084IfnxU

5. DeFi Degens, Stablecoin, Nodes?

All the web3 terms you need to know:

https://coinmarketcap.com/alexandria/glossary

6. Web3/Crypto Terminology 101 by @blakeaburge 

Web3 terms for dummies.

https://twitter.com/blakeaburge/status/1445354083435515905?s=20

7. The Messari Crypto Theses for 2022 from @twobitidiot founder of @messaricrypto

Key Crypto trends, people, companies and projects to watch in 2022. 

Link to the PDF 👇 

https://messari.io/pdf/messari-report-crypto-theses-for-2022.pdf

8. A beginner's guide to NFTs by @ljxie 

https://linda.mirror.xyz/df649d61efb92c910464a4e74ae213c4cab150b9cbcc4b7fb6090fc77881a95d

9. NFT Canon - the definitive deep dive into NFTs 

https://future.a16z.com/nft-canon/

10. Launch an NFT project from scratch by @jnwng 

https://medium.com/orca-exchange/behind-the-scenes-of-an-nft-collection-part-1-an-introduction-to-generative-art-348a15128c25

11. NFT Twitter lingo

Get up to speed with 'gm', 'gn', 'pfp' and all the other terms with @punk6529 

https://twitter.com/punk6529/status/1433002033242595338

12. Buying that first NFT? Everything you need to know from @chriscantino 

https://twitter.com/chriscantino/status/1432454650884616195?s=20

13. DAOs - An Introduction by @mariogabriele

https://www.readthegeneralist.com/briefing/dao

14. DAO Canon - the definitive deep dive into DAOs
https://future.a16z.com/dao-canon/

15. @DAOCentral - a curation of the best DAOs founded by @steventey 

Discover and join DAOs that everyone is talking about on Twitter.

https://daocentral.com/

16. DAO Governance by @LouisAGrx
https://medium.com/@LuigiGrx/2-2-daos-a-new-organizational-and-governance-paradigm-93e889df1b39

17. Keeping your wallets secured @richerd 
https://twitter.com/richerd/status/1403728108084023296

18. How to read a smart contract @chriscantino 
https://twitter.com/chriscantino/status/1480300076786274304?s=20

19. A beginner's guide to social tokens by @LjXie

World of Women 
CryptoPunks
Bored Ape Yacht Club

https://linda.mirror.xyz/4PDBWBMpFFPVEsP5EGgg5to2AyEpEHEXasq_K0b-yYk

20. Crypto Economics: the big picture with @TaschaLabs 
https://twitter.com/TaschaLabs/status/1448419168986882050?s=2

2022 will be the year of the DAO.

Everyone will be starting or joining one.

Here's what you need to know:

1. What is a DAO?

DAO stands for Decentralized Autonomous Organization. 

It is a web3 structure for a business or organization.

2. Who can start a DAO?

Anyone can start a DAO.

It does not have a top-down hierarchy. 

It is inclusive and open for everyone to participate.

3. How does it work?

The rules of the DAO are all coded in smart contracts and open source.

What the organization does is fully transparent.

Decisions are made through grassroots voting of DAO members.

4. Examples of DAOs

In theory, any organization can be a DAO.

Investment DAOs and Grants DAOs can fund projects.

Collector DAOs can collect NFT digital arts and other collectibles. 

Social DAOs can provide a certain social circle for their members.

Img @Cooopahtroopa

5. How to Form a DAO from Scratch

Core members with mission and vision. 

Attract the initial dozens of early contributors. 

More people join and spin-off the 1st community-driven working group. 

Organization continues to grow, specialized groups are created. 

Img @pet3rpan_