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gm frENS,
It always feels like so much happens in the world of web3 on a daily basis and to be honest, it does. I intended to start writing these weekly newsletters for people new to web3 from a non-technical perspective. With that in mind, let’s dive into the past week’s content.
If you already own some ETH and BTC, one of the first things I would suggest doing is getting your ENS domain. Obvious first question would be, but why should I get this?👇
The simplest use case is that your .ETH name becomes your username across all web3 platforms. Instead of creating different usernames and passwords as we do now on web2 applications, your ENS domain will be your single source of entry into any web3 application.
It can also be used to store all of your addresses and receive any cryptocurrency, token, or NFT. So instead of copying out that long coded address, you can just type your ENS domain (mehak.eth in my case).
I often hear people ask (including myself) “Am I too late?” and this article points out exactly why we are still so early.
“if crypto adoption were mapped to the history of internet usage, we'd be in the mid-90s.”
Anything you currently post on a web2 platform (pictures on Instagram, videos on TikTok etc) don’t actually belong to you soon as they are uploaded. Solution? NFTs make the internet ownable
"A common critique is that because digital art and digital collectibles can be copied, they don’t carry much value. But NFTs introduce a new possibility that enables true ownership to exist while a work continues to freely circulate online."
https://twitter.com/jarroddicker/status/1465410042186903565?s=20
Kinjal Shah is an investor at Blockchain Capital and also writes a blog! She recently posted her favorite web3 articles of 2021.
Happy learning & building! 🚀
gm frENS,
It always feels like so much happens in the world of web3 on a daily basis and to be honest, it does. I intended to start writing these weekly newsletters for people new to web3 from a non-technical perspective. With that in mind, let’s dive into the past week’s content.
If you already own some ETH and BTC, one of the first things I would suggest doing is getting your ENS domain. Obvious first question would be, but why should I get this?👇
The simplest use case is that your .ETH name becomes your username across all web3 platforms. Instead of creating different usernames and passwords as we do now on web2 applications, your ENS domain will be your single source of entry into any web3 application.
It can also be used to store all of your addresses and receive any cryptocurrency, token, or NFT. So instead of copying out that long coded address, you can just type your ENS domain (mehak.eth in my case).
I often hear people ask (including myself) “Am I too late?” and this article points out exactly why we are still so early.
“if crypto adoption were mapped to the history of internet usage, we'd be in the mid-90s.”
Anything you currently post on a web2 platform (pictures on Instagram, videos on TikTok etc) don’t actually belong to you soon as they are uploaded. Solution? NFTs make the internet ownable
"A common critique is that because digital art and digital collectibles can be copied, they don’t carry much value. But NFTs introduce a new possibility that enables true ownership to exist while a work continues to freely circulate online."
https://twitter.com/jarroddicker/status/1465410042186903565?s=20
Kinjal Shah is an investor at Blockchain Capital and also writes a blog! She recently posted her favorite web3 articles of 2021.
Happy learning & building! 🚀
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