Moreover, the Blockchain makes possible a series of applications such as Cryptocurrencies, Non-Fungible Tokens or Smart Contracts that promise to revolutionize the exchange and management of information as we know it today.

And that's not all: the Metaverse, thanks to Virtual and Augmented Reality, is fertile ground for the application of these technologies, potentially representing a unique ecosystem of its kind. However, this ecosystem in which individuals, groups and companies will find themselves operating will not be free of challenges to be faced and opportunities to be seized.

What is the goal of this book?

This book aims to describe in a simple, clear and effective way the main technologies behind the Web3 with the ambition to bring more and more people to these new scenarios, present and future, and ensure that more and more people will be able to seize the opportunities offered.

What will you learn by reading this book?

• What is and how does a Blockchain work and what are its main mechanisms

• The main Cryptocurrencies on the market and what are some of their main applications

• How to buy, exchange and store cryptocurrencies, in a safe way

• Some investment strategies

• What are Non-Fungible Tokens (NFT) and how to create or purchase them

• What is the Metaverse and what are some of the most interesting projects in this field

• Some future scenarios related to Web3

Who is Web3 Revolution aimed at?

This book is addressed in particular to

1. all people curious to know what new frontiers the web is taking and what risks and opportunities may arise from them;

2. free investors who would like to know what cryptocurrencies and NFTs are, on which technology they are based and what practical implications they may have, before investing time and money in exchanges;

3. professionals who are curious and want to learn more about the potential applications of Blockchain in order to gain a competitive advantage for their company;

4. professionals who are approaching the new technologies with the aim of creating their own business related to them.

Now on the Write page, you’ll have access to Mirror’s text editor. This includes all of the writing platform essentials - headings, bulleted lists, images, and blockquotes. Go ahead and write your article! If you’re stumped and looking for inspiration, hop into the RabbitHole community Discord for ideas to get your started!

You will also have access to a number of web3 tools for monetizing your work and incorporating other NFTs. These include Crowdfund, Edition, Auction, Split, and NFT Preview. We won’t be using these for our first entry, but you can learn more about them here!

• An Ethereum wallet, such as MetaMask or Rainbow

• Some ETH in your wallet to mint your article as an NFT. It is free to publish an article on Mirror, but minting it as an NFT will require gas fees.

Requirement for JUNO holders on the Juno network

Holders of JUNO tokens that meet the condition (at the snapshot moment) will be qualified for the ORAIX Fairdrop Program:

• Having Native JUNO on the JUNO network, including both delegated and undelegated JUNO;

Snapshot date: at any time until the ORAIX listing event in May

Number of snapshots: 1

You can also find more information about the ORAIX fairdrop for other communities (ATOM, AIRI, KWT, OSMO, LUNA) on our blog posts.

ORAIX Fairdrop Distribution for JUNO holders

We will capture and create whitelisted wallets which are eligible for claiming ORAIX later. The ORAIX amount each wallet can claim depends on the following criteria:

• Total allocation for JUNO holders (up to 1% of ORAIX total supply)

• JUNO balance

• Delegated JUNO and un-delegated JUNO will have different multipliers.

• Max cap each wallet

• Wallet’s history activities

• Required tasks on OraiDEX

Notes:

• The fairdrop formula is designed to ensure that all JUNO holders are given a fair opportunity to receive ORAIX.

• With concern to potential violations and malicious acts that go against mutual benefits of our community, Oraichain reserves all the rights to suspend the eligibility of any misconducted address and furthermore, revoke his/her fairdrop amount.

• Multi-wallet users and blacklisted wallets from other Cosmos’s airdrop events are immediately prohibited from this event.

About OraiDEX and ORAIX

OraiDEX is a CosmWasm smart contract-based decentralized exchange platform with multichain interoperability, optimal speed, and a lot of liquidity options for users. In addition to that, ORAIX is the governance and utility token of OraiDEX, and a meta-staking program for ORAI and ORAIX holders.

ORAIX Tokenomics:

• Total supply: 1,000,000,000 ORAIX

• Staking rewards: 30% (including fairdrop + initial listing)

• Liquidity mining incentives: 50%

• Developer pool: 15%

• Community pool: 5%

Listing price on OraiDEX will be voted by ORAI holders. We are conducting a survey on Oraichain Official Channel to listen to the ORAI community in regard to this. The official voting proposal will soon happen on Oraichain Mainnet 2.0 afterwards.

Staking rewards, liquidity mining incentives, and developer pool will be vested in 5+ years.