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Web3 - ALANA's ⚡NewsFlash⚡ - Page 2

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ALANA's ⚡NewsFlash⚡

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ALANA's ⚡NewsFlash⚡

In-depth articles on emerging tech vocabulary and bi-weekly newsflash that will make Web3 feel like a breeze.

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ALANA's ⚡NewsFlash⚡

Web3 Grants Explained

We are currently in the midst of the Gitcoin GG22 Grant season, and it felt appropriate to tell you more about Web3-based grant systems. Similar to DeFi (Decentralized Finance), grants come with their native vocabulary, which is important to know in order for you to get involved. Generally, a grant is a financial award provided by an individual, organization, or government agency to a recipient, typically for a specific purpose, such as funding a project or research. Grants are a particular f...

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ALANA's ⚡NewsFlash⚡

Matching Grants Explained

In our last article, we discussed Web3 grants in general and how they can help you drive your project forward. Today, let’s dive deeper into one specific one: Matching Grants. In the crypto space, grants fund projects, research, and development to advance blockchain technology, decentralized applications, and related ecosystems. Recently, more initiatives have been funded around creativity and marketing, as seen by Artizen and Octant. Matching grants are unique because they foster fundraising...

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ALANA's ⚡NewsFlash⚡

Web3 Wallets - Your Keys, Your House

There are sufficient articles on Web3 wallets, but I felt a simplified explanation that was highly relatable was missing. In this unique approach, let's imagine the Internet as a vast city. Web2 is the older, centralized downtown area controlled by a few major corporations, while Web3 is like a new, decentralized suburb where residents have more control over their properties and interactions. It's literally the cool kid's corner. Let's see which metaphors are relevant for capturing a Web3 wal...

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ALANA's ⚡NewsFlash⚡

Oracles in Web3 Explained

In ancient Greece, an oracle was a female priest who gave people advice from the gods. This priestess acted like a medium by revealing knowledge or answering questions. In the modern world, Oracles are essential services that act as bridges between blockchain networks and the external world. They are trusted intermediaries for the exchange of data by enabling smart contracts to access real-world data or connect to external IoT (Internet of Things) systems. Since blockchains are designed to be...

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