Entrepreneurship In Web3 Lec 3: Web3 landscape (II)

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Attention on web3 has exploded in recent years. Web3 provides better incentive models and control to users over the networks they use, through powerful abstractions like smart contracts, NFTs, and DAOs. Replacing centralized platforms in web2 with open protocols and autonomous governance, web3 encourages community participation and has the potential to be the future of the Internet.

Web3 has not only pushed forward cutting-edge research topics, but has also attracted great attention from capital markets. According to metrics reported by Forbes, “VCs deployed $30B+ globally in 2021 into crypto startups. “ and “There are 65+ crypto unicorns, with over 40 of them created in 2021. There were close to 50 crypto startups that raised over $100M in 2021.”

With any technology breakthrough comes great opportunities for entrepreneurship. Our goal in this course is to help students understand the new space of Web3 and learn the fundamentals of entrepreneurship in web3. Through the exposure to successful entrepreneurs, venture capitalists, as well as an overview of open challenges in the industry, we hope to equip students to understand the challenges and opportunities of building a startup in web3 and get hands-on experience through the course.
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Loved this🤟 so true what Yat said about the resistance to NFT’s and web3 in the west. I hope people can change their perspective before we get left behind.

toymakerx
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I'm finding kind of isomorphism between some concepts (they're on the same track or line of thinking) So, please correct me if I'm wrong and resolve the ambiguity:
1-Learn & earn by museums Metaverses is like play to earn in games? And hence do you expect them to achieve similar success to hundreds of billions?
2-The argument said in 1:23-26 about game moves not on-chain just the NFT ownership, is the some about storing the real digital image of the NFT object in a 3rd party most of the time and the new trending solution of using a permissioned Blockchain like arweave as a commercial project or StateSnap as a research paper?

shymaaarafat