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        <title>Learnly Society</title>
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        <description>Business Mentor at Apple Developer Academy | Web3 Educator | Facilitator</description>
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            <title><![CDATA[Community-Driven Education: Harnessing the Potential of DAOs in Web3]]></title>
            <link>https://paragraph.com/@learnly-society/community-driven-education-harnessing-the-potential-of-daos-in-web3</link>
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            <pubDate>Wed, 15 Feb 2023 16:44:00 GMT</pubDate>
            <description><![CDATA[Decentralized Autonomous Organizations, or DAOs, have become increasingly popular in recent years as the Web3 Technology emerge, especially in the world of blockchain and cryptocurrency. But what exactly are DAOs, and how can they be used for communal learning in education? DAOs is a new type of organization that is run on blockchain, rather than by a centralized authority. Voting, distributing funds from the treasury, distributing tokens and granting access to content based on membership sta...]]></description>
            <content:encoded><![CDATA[<p>Decentralized Autonomous Organizations, or DAOs, have become increasingly popular in recent years as the Web3 Technology emerge, especially in the world of blockchain and cryptocurrency. But what exactly are DAOs, and how can they be used for communal learning in education?</p><p>DAOs is a new type of organization that is run on blockchain, rather than by a centralized authority. Voting, distributing funds from the treasury, distributing tokens and granting access to content based on membership status can all be done without having to depend on any one entity. This is because the charter and coded rules have created a system of automation. This system permits the DAO to run smoothly, fairly, and without the need for trust. The blockchain can be monitored, so current and potential members can verify that all the DAO&apos;s actions are valid and trustworthy.</p><p>DAOs become the new form of universities, colleges, and trade schools. New types of learning space that emerge to help users to upskill or reskill their knowledge across various domains according to the industry demand and trends in order to accelerate the process to closing skill gaps.</p><h2 id="h-dao-use-case-in-education-space" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">DAO Use Case in Education Space</h2><p>One use case for DAOs in communal learning is the creation of a learning community that is managed by its members. This community could use a DAO to pool resources, share knowledge, and make collective decisions about how to further their education. For example, they could use the DAO to collectively fund the creation of educational resources, such as online courses or textbooks, that they may not be able to afford on their own.</p><p>One of my favorite example on the early DAO for education reference is Invisible College which provide gated membership with NFTs to join the platform which also granted with DAO authority to contribute within the community.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/541603c5dd73854aeb526652cb4c0c693a5fc85d94680cc89ff5c3ca68130614.png" alt="Invisible College" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Invisible College</figcaption></figure><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.invisiblecollege.xyz/">https://www.invisiblecollege.xyz/</a></p><p>They even partnering with Nas Academy, offering benefits by creating a more engaging and interactive learning experience. Allowing students to earn tokens for their participation, the courses incentivize active engagement and create a more collaborative learning environment. The DAO structure also allows students to have a say in the development of the course, which can create a more tailored learning experience that meets their specific needs.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/8dc5dcfc18f4870b619152ddccf412d187cc68d7538765de502a29953bed9cfd.png" alt="Nas Academy x Invisible College" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Nas Academy x Invisible College</figcaption></figure><p>The trend of using DAOs for community-driven learning space is still in its early stages, but there is potential for this type of organization to become a major player in the future of education. Here are some reasons why:</p><ol><li><p>Decentralization: By using a DAO, communal learners can ensure that decisions are made democratically and transparently, without the need for a central authority. This can help to prevent bias and ensure that everyone has an equal say in how the organization is run.</p></li><li><p>Incentives: DAOs often use cryptocurrency tokens to incentivize members to contribute to the organization. This could mean that members who contribute more to the learning community, such as by sharing their knowledge or helping others, receive more tokens in return. This can create a positive feedback loop that encourages members to continue contributing and improving the organization.</p></li><li><p>Scalability: As more people join the DAO, it can become more powerful and influential. This means that the communal learning community can grow and evolve over time, without being limited by the resources or expertise of any one individual.</p></li><li><p>Collaboration: By working together in a DAO, communal learners can benefit from the collective knowledge and experience of the group. This can help to create a supportive and collaborative environment where everyone can learn and grow together.</p></li></ol><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/00e8eeafa45f1cb31965829d66da0badf3ba5aeae842440af76aa90196d98a02.png" alt="DAO vs Company Comparison by Aragon" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">DAO vs Company Comparison by Aragon</figcaption></figure><p>The potential benefits of using DAOs for community-driven are clear. By creating a decentralized and collaborative environment, this approach to education has the potential to transform the way we learn and teach. However, there are also some challenges that must be addressed in order to make this vision a reality. For example, the use of cryptocurrency tokens in DAOs can be complicated and require some level of technical expertise. Also there may be legal and regulatory issues to consider.</p><p>Despite these challenges, the future of web3 and DAOs in education looks promising. As more people explore the potential of these new technologies, we can expect to see new and innovative approaches to communal learning emerge. Whether it is through the creation of new DAOs, the development of new educational resources, or the adoption of new technologies, web3 has the potential to transform education and create a more collaborative and inclusive learning environment.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/9306c42074306d74e9160edd5533c50a44ac742007b693a14d03de6dbf4e6e59.png" alt="Ed3 Unconference 2022" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Ed3 Unconference 2022</figcaption></figure><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.ed3dao.com/">https://www.ed3dao.com/</a></p><p>However community-driven has led into bigger impact by exposing more people into the potential of Web3. One of the prominent in education focused is Ed3 DAO initiated by Vriti Saraf and Mike Peck, the first DAO for educators, by educators, in mission to onboarding 1 million educators into the world of web3. In late 2022, they become the first DAOs who hosted the Ed3 Unconference, giving learning space in metaverse like, but the most interesting they introduce us to the landscape of how DAOs works autonomously by accommodating constructive ideas, collaborative and inclusive learning for everyone without boundaries of space and time, everyone can contribute!</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/ce491468e3e61c7157aff3ce23533fc4fd5b5c2827599e890ade7aec1683f576.png" alt="Bankless Academy" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Bankless Academy</figcaption></figure><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://app.banklessacademy.com/">https://app.banklessacademy.com/</a></p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://academy.humandao.org/">https://academy.humandao.org/</a></p><p>I would say the collective knowledge now are more accessible than ever before for everyone around the world to learn Web3, Crypto, NFTs, DeFi, or DAOs which more and more community riding the wave of emerging transformation of internet to be better. And for sure Bankless Academy become the one who has provide such opportunity to create impact by launch the collective library of resources, writing cohort based, release use case of HumanDAO and whitelabel platform of education. The future of Web3 for Education looking brighter with the participatory of community-driven people who have common purpose to harness the potential of DAOs in Web3.</p>]]></content:encoded>
            <author>learnly-society@newsletter.paragraph.com (Learnly Society)</author>
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            <title><![CDATA[Exploring NFTs Use Case in Education: Unlocking New Possibilities in Gamify Learning]]></title>
            <link>https://paragraph.com/@learnly-society/exploring-nfts-use-case-in-education-unlocking-new-possibilities-in-gamify-learning</link>
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            <pubDate>Sun, 12 Feb 2023 15:45:04 GMT</pubDate>
            <description><![CDATA[First time to know about NFTs?Have you ever imagine your boring class need to attend transformed into collective and collaborative activity? And possibly to earn rewards for each of your achievements as granted for your motivation? NFTs offer exciting new possibilities for education. By using these technologies, educators can create communal learning experiences that would not have been possible before. With NFTs, educator or course creator can easily distribute digital assets to their studen...]]></description>
            <content:encoded><![CDATA[<h2 id="h-first-time-to-know-about-nfts" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">First time to know about NFTs?</h2><p>Have you ever imagine your boring class need to attend transformed into collective and collaborative activity? And possibly to earn rewards for each of your achievements as granted for your motivation?</p><p>NFTs offer exciting new possibilities for education. By using these technologies, educators can create communal learning experiences that would not have been possible before. With NFTs, educator or course creator can easily distribute digital assets to their students or learners and reward them for their work progress in the project.</p><p>NFTs are digital assets that are unique and non-interchangeable, meaning they cannot be replaced by another asset. They are stored on a blockchain, providing a secure and immutable record of ownership. NFTs can be used to create virtual classrooms, where students can interact with each other and access educational content. It has opened up some pretty cool possibilities for the education sector. NFTs have the potential to totally transform the way we approach learning, helping students get more interactive and personalized experiences.</p><h2 id="h-gamification-using-nfts-badge-use-case" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Gamification using NFTs Badge Use Case</h2><p>Gamification is a way to make learning more fun and interesting by adding game-like elements. NFTs make it possible to give students rewards for their work, like badges for completing tasks, passing exams, or reaching learning goals. With NFTs, these badges are secure digital items that can be verified, showing proof of the student&apos;s achievements.</p><p>NFTs in gamification are helpful for both learners and educators. It encourages learners to learn and leading to better results. Educators can use NFTs to track a learners&apos;s progress and measure how they are doing. The NFTs can also make a learning community where students can compete, show what they have done, and work together.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/df86c30585315fc0e4c35b8be93772cf47b47ab2c657a330a031ba2746e924e7.png" alt="Otterspace.xyz" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Otterspace.xyz</figcaption></figure><p>One of the great use case of gamification using NFT Badges is otterspace.xyz which provide platform for helping generate NFT Badge for the contributors especially in DAO. However the use case already extended into more vibrant verticals such as for employee reward, learning and development and education or academy. Check more about otter space here:</p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://otterspace.xyz/">https://otterspace.xyz/</a></p><p>Gamification are a good way to change how we learn. Badges, an NFT use case, give students rewards for their work and make them more interested in learning. This helps both the students and teachers, as NFTs can measure performance and build a learning community.</p><h2 id="h-proof-of-attendance-protocol-use-case" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Proof of Attendance Protocol Use Case</h2><p>Education is undergoing a transformation due to the emergence of NFTs use case in other verticals. First, it has potential to enable a new type of proof-of-attendance (POAP) use case in the education sector. By leveraging NFTs, educators can securely and verifiably document student attendance at events, conferences, and lectures, as well as ensure that students are present for online classes. NFTs could be used to reward students for attending events or completing assignments, providing a more engaging and interactive learning experience. POAP use cases enabled by NFTs can make the education sector more secure and rewarding for both learners and educators.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/fca9c954b37091cd4158fe7c794ed624f9f0ea566fccfa636adeb78fdad25705.png" alt="poap.xyz" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">poap.xyz</figcaption></figure><p>POAPs are Non-Fungible Tokens (NFTs) created using the ERC-721 token standard. Not all NFTs can be POAPs though. They must follow a specific visual format and protocol. That means they must be minted through the POAP smart contract protocol, and also include a record of the time or date of the event related to it. When an event takes place, people can scan a QR code to unlock a unique NFT that proves they were there. POAP badges are unique and cannot be changed, so once you have one, you will always be a part of the event. One of the prominent POAP issuers are:</p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://poap.xyz/">https://poap.xyz/</a></p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://www.gitpoap.io/">https://www.gitpoap.io/</a></p><p>Some big brand already using POAP for leverage their promotion to incentives the consumers loyalty or to build sense of ownership from the brand itself. During the event launch or community event POAP play important role in driving participatory, engagement and collecting leads for brand to keep in touch with the consumers deeper. POAP provide event organizers with a secure and verifiable way to record attendance, and are becoming an important tool for event organizers. In that sense, in education it can be treat as participatory motivation for learners to attend class, academic event or courses.</p><h2 id="h-verifiable-credential" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Verifiable Credential</h2><p>NFTs work like digital certificates, which can be used to show off the skills and knowledge of individuals. In education, they can be used to provide secure and verifiable records, like diplomas, certificates, and transcripts. This makes it harder for people to commit fraud, since NFTs offer an unchangeable and secure record.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/c13b5786979c69fc781aa2cca43e31bb0c316b7e1e643ce2512e567cae15a28a.png" alt="Crowdclass.com" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Crowdclass.com</figcaption></figure><p>NFTs can be used to give learners virtual rewards or verifiable certification for completing assignments and quizzes. These rewards can then be exchanged for more educational opportunities, and can be a great way to motivate learners as long life learners. NFTs can also be used to create digital portfolios that show off an individual&apos;s skills and experiences. These portfolios can then be shared with potential employers and other important people, and can be a great way to show off what you know. This makes it easier to transition from education to employment, and can help students get the skills they need to succeed. Here some example of platform offers NFTs credential:</p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://crowdclass.com/">https://crowdclass.com/</a></p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://unlock-protocol.com/">https://unlock-protocol.com/</a></p><p>From the showcase above NFTs have the potential to make education more meaningful and personalized as the future hold, the more use case implementation in education hopefully will be expanding. The most important thing is NFTs can provide secure records, help individuals show off their skills, and make learning more fun. As education continues to evolve, it&apos;ll be really exciting to see how NFTs can be used to create new learning opportunities beyond.</p>]]></content:encoded>
            <author>learnly-society@newsletter.paragraph.com (Learnly Society)</author>
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            <title><![CDATA[How Web3 Potentially Revolutionizes Education]]></title>
            <link>https://paragraph.com/@learnly-society/how-web3-potentially-revolutionizes-education</link>
            <guid>S3ltS984H7XL6FXwpcrX</guid>
            <pubDate>Sun, 29 Jan 2023 16:40:50 GMT</pubDate>
            <description><![CDATA[Education Technology ProblemOnline learning platforms, MOOCs, and Edtech platforms are currently facing an issue with user engagement and retention. Many users find it difficult to remain motivated and engaged with the material, leading to low completion rates and a lack of skill acquisition. This problem is especially prominent in the digital skill learning space, where users are often trying to gain skills that are in high demand in the job market. According to a recent study, the average M...]]></description>
            <content:encoded><![CDATA[<h3 id="h-education-technology-problem" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Education Technology Problem</h3><p>Online learning platforms, MOOCs, and Edtech platforms are currently facing an issue with user engagement and retention. Many users find it difficult to remain motivated and engaged with the material, leading to low completion rates and a lack of skill acquisition. This problem is especially prominent in the digital skill learning space, where users are often trying to gain skills that are in high demand in the job market. According to a recent study, the average MOOC completion rate is only around 15%.</p><p>Another issue is the lack of personalization. Many users have different learning paces, styles, and backgrounds. A decentralized platform can leverage AI and machine learning to provide a more personalized learning experience. It can track the user&apos;s progress and provide tailored learning materials, which has been proven to increase student engagement and retention.</p><p>Web3 technology has the power to tackle this problem by building decentralized, blockchain-based online learning platforms. These platforms can use smart contracts and tokenization to encourage people to learn and show their knowledge, giving them rewards for doing coursework. Also, decentralized platforms let users own and control their data and qualifications, which can increase trust and clarity in digital skill learning. Previous research has found that blockchain-based platforms can make accreditation for learning more transparent and trustworthy.</p><h3 id="h-web3-technology-adoption-for-education" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Web3 Technology Adoption for Education</h3><p>Web3 adoption in Indonesia is still in the early stages. RANS Entertainment has a project called Ransverse, which has partnered with VCgamers. BINUS Metaverse is also working with Nusameta, a cooperation between WIR Group and Salim Group. These developments could lead to Web3 learning spaces, like virtual or blended learning, becoming more popular. This could help Web3 technology become widely used for educational purposes in the near future.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/88fec35b31b8e50fed142c9ff88a69bed4258cb1a9618fb9a2cc45ab79dddd1e.png" alt="Metaverse catalize the Web3 Technology usage for mass adoption" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Metaverse catalize the Web3 Technology usage for mass adoption</figcaption></figure><p>The Ed3 Movement is about using technology to make education more accessible and equitable for everyone. The Ed3 DAO is a great example of how Web3 technology can be used to create more equitable and accessible educational opportunities. It leverages the decentralized web to offer a transparent, secure, and community-driven platform for learning and skill development, which can benefit individuals and communities around the world. This is proof of how Web3 can revolutionize the education sector, harnessing the collective minds and contributions of the DAO community.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/84aa72095dfa39cbb41a94c1c8f138a08ec8b7ae1ca19deff2364fec28e21aac.png" alt="Ed3 Conference 2022" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Ed3 Conference 2022</figcaption></figure><p>Referring from the use cases, there are several main advantages of using Web3 technology in education are:</p><p><strong>a. Decentralization</strong> Web3 technologies let learners and mentors control their educational programs. This helps make sure everyone&apos;s needs and interests are taken into account when making decisions, such as in DAO communities.</p><p><strong>b. Transparency</strong> Web3 technologies keep all actions and decisions on a public ledger. This builds trust and confidence among students, educators, and other stakeholders.</p><p><strong>c. Verifiability</strong> Web3 technologies make verifiable credentials, like digital diplomas or certificates, stored on a blockchain. This gives students a secure and transparent way to prove their educational qualifications and achievements.</p><p><strong>d. Interoperability</strong> Web3 technologies work with other systems and technologies. This makes it easier for educational institutions and employers to verify and share educational credentials.</p><p><strong>e. Accessibility</strong> Web3 technologies make digital resources accessible from anywhere with an internet connection. This helps make education more accessible and inclusive, especially for students and educators in underserved or underbanked areas.</p><p><strong>f. Security</strong> Web3 technologies keep records secure and unchangeable. This helps protect the integrity and reliability of educational resources and systems.</p><h3 id="h-alignment-between-web3-technology-with-education-40" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Alignment Between Web3 Technology with Education 4.0</h3><p>The trend of Web3 has made Education move towards Education 4.0, which is a digital technology platform. Because of the COVID-19 pandemic, there has been a greater need for online learning platforms, as in-person education has become difficult due to school closures and social distancing. A research by McKinsey in 2020 showed that online education enrollments had increased by 30-50% worldwide.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/68a50bd2b8aed41bd288ab75b9674acd8f44c4c7172e45b8a7ca7ad7140d7fcd.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>Online learning is becoming more important because it is flexible and easy to use. It is necessary to reduce the difference between people&apos;s skills and help people to adjust to the quickly changing job market, as the World Economic Forum reported in 2022. Indonesia is one of the 10 countries with the most growth in learners. Online learning has the power to reduce inequality in access to education and give people the abilities they need for the future of work.</p><p>The education sector is growing, and Web3 technology is set to be a major player in the creator economy. Blockchain and smart contracts enable creators to securely manage their digital assets and receive payments from fans. Non-fungible tokens (NFTs) allow creators to tokenize their unique digital assets, such as artworks and videos, providing a new way to monetize their work. Decentralized autonomous organizations (DAOs) can also be used to govern communities of creators and fans, creating new opportunities for collaboration and business models.</p>]]></content:encoded>
            <author>learnly-society@newsletter.paragraph.com (Learnly Society)</author>
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            <title><![CDATA[Witnessing Emerging Web3 Era: History and Implementation]]></title>
            <link>https://paragraph.com/@learnly-society/witnessing-emerging-web3-era-history-and-implementation</link>
            <guid>t7gNBgln9BKM2tKFzN9X</guid>
            <pubDate>Fri, 27 Jan 2023 13:59:03 GMT</pubDate>
            <description><![CDATA[The Brief HistoryIn 2014, the Web 3.0/Web3 era started, bringing a new period of decentralized networking. Decentralization is a data base that is not controlled by one single organization or manager, but shared by all users. This era began with Web 1.0, made by Berners-Lee in the 1990s-2004. This era was known for websites owned by companies, with almost no interaction between users and individuals; it was known as the read-only web. This was followed by Web 2.0 in 2004, when social media pl...]]></description>
            <content:encoded><![CDATA[<h3 id="h-the-brief-history" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">The Brief History</h3><p>In 2014, the Web 3.0/Web3 era started, bringing a new period of decentralized networking. Decentralization is a data base that is not controlled by one single organization or manager, but shared by all users. This era began with Web 1.0, made by Berners-Lee in the 1990s-2004. This era was known for websites owned by companies, with almost no interaction between users and individuals; it was known as the read-only web. This was followed by Web 2.0 in 2004, when social media platforms appeared; the web became read-write. Finally, with the release of Ethereum in 2014, the read-write-own era of Web 3.0 began.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/5b21b6c5803fc11eafcad326091946786a4f1ee32acce6e797d5a8b592d12a1b.png" alt="The History of the Web" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">The History of the Web</figcaption></figure><p>The early Internet, Web 1.0, was mostly made of static pages. They showed basic info but were not very interactive. Then, Web 2.0 came. This version was more interactive, with social media and blogs. In 2005, YouTube began, starting the Web 2.0 revolution. People could interact with webpages, talk to each other, and make their own content. Social media was the biggest symbol of this time. The first iPhone in 2007 made it even better. People could use the Internet from anywhere and any time. This made it easier for people to use the Internet and opened up new possibilities.</p><p>Web 3.0 or Web3, also known as the &quot;intelligent web,&quot; is the latest iteration of the World Wide Web. It is characterized by the use of AI and ML, decentralized networks, and blockchain technology to create more personalized and intuitive experiences for users, as well as a sense of ownership and self-custody. This innovation was made possible by blockchain technology, which serves as the backbone of Web3. It was first initiated in 2008 and began to be implemented in 2009.</p><h3 id="h-the-dawn-of-web3" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">The Dawn of Web3</h3><p>The arrival of Web3 technology could change the Internet forever. Web3 includes decentralized technologies such as blockchain and that means people can now read, write, and own data. This is different from how Web2 works which is centralized. Web3 is open, trustless, and permissionless. But, Web3 technologies bring some challenges too. We need to make sure it is secure, find out what the rules are, and make sure NFTs (non-fungible tokens) don&apos;t harm the environment. To make sure Web3 reaches its full potential, we need to create best practices for security, learn what the rules are, and create ethical guidelines for NFTs.</p><p>Web3 technology has the power to change the Internet. Web3 includes decentralized technology like blockchain and provides new opportunities that were not available before. With Web3, users can read and write data, and also own it through blockchain and smart contracts. This is different from Web2 which is more centralized. But, there are also challenges with Web3 like needing regulatory clarity and worrying about NFTs and their environmental impact. To make the most of Web3, we need to make sure it is secure, seek regulatory clarity, and create ethical guidelines for using NFTs.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/492573b9028a34f733a252001ea817c57fbb9c1cf63845bbd0796f0e17c8c1e7.png" alt="Major Web 3.0 Companies in Asia" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Major Web 3.0 Companies in Asia</figcaption></figure><p>The Global Web3 market is growing quickly and is estimated to be worth USD 81.5 billion by 2030. This growth is not only happening worldwide, but also in Indonesia, which is expected to be valued at USD 315.5 billion by 2030. Web3&apos;s utility-scale will add value to the digital economy, including in Indonesia, which is one of the biggest digital economies in Southeast Asia with a value of USD 77 billion in 2022 and is expected to be USD 315.5 billion in 2030. According to the Google e-Conomy SEA Report 2022, investment into Web3 is predicted to go up quickly. Even though the global economy is bad, venture capitalists (VCs) have already given out some money, although not much, but it is estimated to build up the sectors, especially to create privacy and digital infrastructure that moves from Web2 to blockchain as the starting point.</p><h3 id="h-benefit-challenge-and-use-case-of-web3" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Benefit, Challenge and Use case of Web3</h3><p>One of the key benefits of web3 is the ability to enable automation through the use of smart contracts. Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. This technology can revolutionize industries such as supply chain management, where the use of smart contracts can help streamline and automate complex processes.</p><p>Another challenge that web3 will need to address is the need for regulatory clarity. The decentralized nature of web3 technologies makes it difficult to apply traditional regulations, which can create uncertainty for businesses and consumers. In order to facilitate the widespread adoption of web3, it will be necessary for regulators to provide clear guidance on how these technologies should be treated.</p><p>Web3 core technologies and concepts are the foundation of the ownership economy of Web3 stacks. Blockchain was the first of these and it changed the world by enabling innovation. Since then, many different sectors have been using blockchain technology. The second is tokens. They come in two types: Fungible tokens (cryptocurrency) are exchangeable and have the same value. Non-fungible tokens (NFT) represent unique digital assets. For example, cryptocurrency has challenged Central Banks around the world because it could affect a country&apos;s currency with Decentralized Finance (DeFi). This could revolutionize the financial industry by getting rid of banks, payment processors, and other middlemen. On the other hand, some Central Banks, like China and Indonesia, are trying to use this chance to create Central Bank Digital Currencies (CBDCs).</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/43871e7d3f24ba4754c911034eafa87711a52ab8e755b1c0741c49dff14a707c.png" alt="Brand Partnering with Polygon using NFTs Web3 Technology" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Brand Partnering with Polygon using NFTs Web3 Technology</figcaption></figure><p>Non-Fungible Tokens (NFTs) have become an important tool for creators, musicians, and artists to get money from Intellectual Property and royalties. Polygon, a blockchain platform built on Ethereum, has joined forces with big brands like Starbucks, Mastercard, Meta, Disney, and Nike to help promote blockchain tech. For instance, Starbucks is using NFTs for their reward program, and Mastercard Artist Accelerator is using them for music royalties. This partnership shows that more companies are now interested in blockchain technology.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/9d6de9242077d2bf1d71836b02dc598bf87e1211fb90d33d93dd5b93144f45a9.png" alt="Metamask Web3 Wallet Adoption" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Metamask Web3 Wallet Adoption</figcaption></figure><p>According to ConsenSys&apos; report, Metamask is helping more and more people join web3. Indonesia is in 9th place, showing how web3 is growing. Metamask lets users use dApps (decentralized applications) built on the Ethereum blockchain from their web browser. It&apos;s easy to use, so even people without tech skills can use Web3 apps, like sending and receiving cryptocurrency, dealing with smart contracts, and managing blockchain accounts. This could make it easier for people to join web3.</p><h3 id="h-whats-next" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">What’s next?</h3><p>Blockchain has many possibilities apart from the innovations already mentioned. Decentralized Autonomous Organizations (DAOs) are decentralized groups where token holders from the community work together for a shared goal. These token holders can participate in voting, provide public services, give security, use reputation systems, manage populations, organize logistics and supply chains, manage medical data, use smart contracts, and link to the Internet of Things (IoT).</p><p>Including the gaming industry that has changed a lot recently. This is because of Play-to-Earn (P2E) games, which use blockchain technology. These games use smart contracts, which are like programs written in code. Popular P2E brands include Axie Infinity, The Sandbox, and Decentraland. The P2E model can be used in other areas too. Move-to-Earn (M2E) is used in healthcare and Learn-to-Earn (L2E) is used in education.</p>]]></content:encoded>
            <author>learnly-society@newsletter.paragraph.com (Learnly Society)</author>
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