StBriansDeFi Updates #3: The Web 3.0 DeFi Plane That Has Shied From Take Off

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Tailoring a web 3.0 outfit is an elaborate exercise. One needs to ensure you get the necessary certifications.  These include the following from the Blockchain Council:

  • Certified Blockchain Expert™,
  • Certified Ethereum Expert™,
  • Certified NFT Expert™,
  • Certified Metaverse Expert™
  • Certified Mixed Reality Expert

nice one has satisfactorily received the five certificates an additional Web 3.0 Expert certification is given. 

The Web 3.0 Interface

The following and many others should be inclusive in the interface. 

  • NFT Marketplace.

Non-Fungible Token or NFT marketplace is a marketplace that functions as a public Blockchain platform. However, this platform is gaining tract and driving developers and businesses to construct a marketplace, despite being in its nascent stage.

  • IPFS App & Site Hosting

Inter Planetary File System (IPFS) is a protocol, hypermedia and file sharing peer-to-peer network for storing and sharing data in a distributed file system.

  • Digital Collectibles

Digital collectibles are unique digital items that can be shared, created, bought, and sold on Instagram. Blockchain technology is used to record who owns them.

  • IPFS Storage

Inter Planetary file system which is used as a storage of digital items on a web 3 interface. 

  • Wallets for Retail Applications

These are wallets used to record retail applications. 

  • NFT Trading Tools

There are many tools of trading that can be included in web 3

  • NFT Loyalty Programs

Loyalty programs have to be initiated. 

  • Web Gaming

Gaming is another magnificent area. 

  • Smart Contract Management

Smart Contracts are here to ensure some earings

The Plane Too Shy To Take Off. 

Pi Network is one site which is completely Web 3.0 enabled.  This site which was created on 14th March 2019 by Stanford University professors headed by Nicolas Kokkalis.  The site celebrates Pi Day on 15th March every year. It is by coincidence that Pi Day falls on the same day with Ides of March. 

The interface is built and Pi Network has its own blockchain yet 4 years down the line and KYC is a big challenge to the take off of this huge plane.  The plane carries over 15 million pioneers drawn from all over the world.  Few people have done their KYC and are enjoying a closed mainnet.  As things seem to be running smoothly,  open mainnet has trained a thing of the future which is bleak and mysterious. Pioneers are tired of mining this token,  which cuts at the beginning of every calender month.  

Though the hackathon is over with numerous people participating in it,  Pi is yet to take off.  

Pi is a new token mined on the phone.  Many people are mining this coin but taking off of Pi network is like a bad dream with is hard to realize. 

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