Web3 Era - Nfts, Metaverse, Blockchain, Future of Decentralized Internet

Get a sneak peek into the future of technology, finance, and the metaverse
 
In The Web3 Era: NFTs, the Metaverse, Blockchain and the Future of the Decentralized Internet, renowned finance and technology expert David Shin connects pivotal moments from the history of human progress and global trade with current events that are shaping the world of tomorrow through a fascinating and insightful exploration of the long-term, next-level use cases of non-fungible tokens and digital assets, and their implications for industries that leverage these advancements. In the book, you'll find discussions of the challenges and opportunities for institutions awaiting the arrival of the Web3 space; how old Western central powers are struggling to keep up with the digital currencies of the East; and why our voices will matter as consensus-driven tribes converge to form DAOs. You'll also discover the potential of blockchain as a pivotal engine for driving the metaverse economy and transforming contemporary web infrastructure into a decentralized network of free trade and social interaction governed by users themselves.
 
The author covers topics that include:
* The potential institution of a smart treasury in a digital economy
* The convergence of metaverse infrastructure with decentralized finance, creating a virtual world of open finance
* Use cases for government-backed digital tokens in a variety of industries, including education, healthcare, and banking
* Social interactions and commerce tied to Soulbound-identity, A.I. technology, archeological revelations, de-dollarization, and the rising Global South
 
An essential and one-of-a-kind resource for business leaders, executives, entrepreneurs, investors, and finance professionals, The Web3 Era: NFTs, the Metaverse, Blockchain and the Future of the Decentralized Internet will also benefit technology enthusiasts, digital marketers, and digital transformation specialists who seek to gain invaluable insights into the future of technology and finance, as well as anyone who believes that we are in need of a new system of governance for a better tomorrow.

List of contents

Introduction ix
 
1 Rise of the DAOs 1
 
King for a Day 5
 
Does Your Vote Really Count? 8
 
What a Wonderful, Trustless World 10
 
Why the First DAO Had to Fall 13
 
New-Age Tribes 15
 
2 When the World Becomes Your Village. . . 19
 
When We Left Gold Behind. . . 27
 
The Corruption of Trade 30
 
Decentralized Trading, Reputation Tokens, and the Death of the Irresponsible
 
Influencer-Marketer 32
 
Can't Buy Me Love. . . 35
 
3 The New Centralization 39
 
Who Owns the Fed? 42
 
To Teach the World to Sing in Perfect Harmony 46
 
Central Bank Digital Currencies and Data Collection 49
 
Is Anything Real Anymore? 51
 
You Can't Always Get What You Want. . . 55
 
4 Tower of Babel 2.0 61
 
Lost in Translation 66
 
The Language of Progress 68
 
The Byzantine Generals Problem 72
 
Creating Consensus and Spreading It 75
 
The Antichrist is Coming 77
 
5 Soul Beyond Face Value 81
 
Digital Gangsters' Paradise 86
 
The Angry Face Algorithm 91
 
It's a Long Road From Rakhine 95
 
If You Tolerate This Then Your Children Will Be Next 98
 
Your Soul Defines You 100
 
6 Back to Africa 105
 
We are Family? We are Françafrique 113
 
The Last Colonial Currency 117
 
The African Union? 120
 
The Last Digital Frontier 122
 
7 The American Way 129
 
The United States of Isolation 137
 
The Fall of the Petrodollar 140
 
Defeating the Dollar 148
 
The New Bretton Woods 154
 
8 When We Meet in the Metaverse. . . 159
 
Beyond the Planet of the Bored Apes 163
 
When Worlds Collide. . . 170
 
A Meaningful Place 177
 
9 Of Builders and Villains. . . 185
 
Walking on the Moon: The Rise and Fall of Terra LUNA 190
 
Sex, Drugs, and Balance Sheets: How a Bunch of Kids Created and Destroyed FTX 201
 
Speculation, the Language of Fools 211
 
10 The Nature of a Nurturer: Reflecting on the Klaytn Journey 215
 
A Blockchain to Connect All Blockchains 220
 
TPS is King 225
 
Building on Top of The World's Blockchain 227
 
Shared Governance of a Shared Ecosystem 229
 
11 A Brave New World 235
 
I'm Still Walking, So I'm Sure I Can Dance 240
 
The First Days are the Hardest Days 243
 
You Speak My Language 247
 
Index 253

About the author

DAVID SHIN was the Global Group Head at Klaytn, a Forbes Blockchain Top 50 company and the blockchain arm of Korean internet company Kakao. He is currently overseeing business development in EMEA and Asia for Immutable X, a well funded Australian web3 game and NFT startup. He has also previously held the roles of Head of Exchange at Bitcoin.com and Head of TZ APAC, an adoption entity supported by the Tezos Foundation.

Summary

Get a sneak peek into the future of technology, finance, and the metaverse

In The Web3 Era: NFTs, the Metaverse, Blockchain and the Future of the Decentralized Internet, renowned finance and technology expert David Shin connects pivotal moments from the history of human progress and global trade with current events that are shaping the world of tomorrow through a fascinating and insightful exploration of the long-term, next-level use cases of non-fungible tokens and digital assets, and their implications for industries that leverage these advancements. In the book, you'll find discussions of the challenges and opportunities for institutions awaiting the arrival of the Web3 space; how old Western central powers are struggling to keep up with the digital currencies of the East; and why our voices will matter as consensus-driven tribes converge to form DAOs. You'll also discover the potential of blockchain as a pivotal engine for driving the metaverse economy and transforming contemporary web infrastructure into a decentralized network of free trade and social interaction governed by users themselves.

The author covers topics that include:
* The potential institution of a smart treasury in a digital economy
* The convergence of metaverse infrastructure with decentralized finance, creating a virtual world of open finance
* Use cases for government-backed digital tokens in a variety of industries, including education, healthcare, and banking
* Social interactions and commerce tied to Soulbound-identity, A.I. technology, archeological revelations, de-dollarization, and the rising Global South

An essential and one-of-a-kind resource for business leaders, executives, entrepreneurs, investors, and finance professionals, The Web3 Era: NFTs, the Metaverse, Blockchain and the Future of the Decentralized Internet will also benefit technology enthusiasts, digital marketers, and digital transformation specialists who seek to gain invaluable insights into the future of technology and finance, as well as anyone who believes that we are in need of a new system of governance for a better tomorrow.

Product details

• Authors: D Shin, David Shin
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Hardback
• Released: 13.04.2023
• EAN: 9781119983934
• ISBN: 978-1-119-98393-4
• No. of pages: 288
• Subjects: Non-fiction book > Politics, society, business > Business administration, companies; Social sciences, law, business > Business > Business administration; Informatik, Finanzwesen, computer science, Business & management, Web 3.0, Wirtschaft u. Management, Finance & Investments, Finanz- u. Anlagewesen, Computer Science - General Interest, Populäre Themen i. d. Informatik, Spezialthemen Finanz- u. Anlagewesen, Finance & Investments Special Topics, Unternehmenstechnologie, Business Technology, Web3