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The Future or The Futurism: Co-founder of Digitaliga on Challenges and Prospects of Web3Let’s face the music: for a vast majority of people, Web3 is a completely unknown term, and for many others, it is rocket surgery. For some, it is an enigma, and for others – only a buzzword (hi, Elon Musk).  Even for ones who are hands-on with blockchain, Web3 remains a multipolar and rather obscure term. A term that yet stands for one of the fastest-growing and promising industries that is essential to be aware of.  To dot all the i’s and t’s, we asked a co-founder and CMO of Digitaliga @mete_baskaya who shared his expert insights on Web3. Stay tuned! How is Web2 transforming into Web3? The world of digitization stands at the edge of a monumental change, something as revolutionary as from dial-up to broadband. The Web2 phase of social media titans and centralized data extraction is fading before our eyes to make room for the emerging Web3, where decentralization reigns. This evolution, although still embryonic at this point in the stage of the online world, has important repercussions regarding how we design, invest and control the internet. With the advent of Web2, the internet resembled a walled garden where Big Tech companies had complete control over user data and access. These algorithmic gatekeepers selected content, sometimes in an opaque manner and users showed their engagement which was monetized while providing no direct benefit to them.  Web3 sees a radically different model. Providing a ground for distributed trust, blockchain technology eliminates central control and creates an atmosphere conducive to peer-to-peer interactions. Users have digital identities, namely they own and control their data as well as actively govern applications which users participate in shape. This paradigm change redefines the roles of key stakeholders. The users transform from passive consumers into active participants, influencing the actual platforms with which they interact. Developers move from building behind walled gardens to production of open-source protocols, stimulating collective progress. Investors aren’t interested in the big giants anymore but target budding communities based on their common vision and purpose. “The potential of Web3 is not in question, but its fullest expression traverses difficulties.” Scalability, security and user experience still pose challenges. Regulatory frameworks try to deal with new ideas such as decentralized autonomous organizations (DAOs). However, despite this being the case; these rewards are equally enormous. A few possibilities include the democratization of data, more equitable access to financial services, and a livelier marketplace of ideas. “For developers or builders, being clear on the fundamental ideas behind decentralized protocols and adopting an open approach is essential” Investors need to work on new valuation approaches that venture beyond standard measures. Policymakers have to strike the delicate balance between encouraging innovation and minimizing any inherent hazards in such a way that they do not work hard at all but provide equal opportunities without destroying activity. “The internet from Web2 to 3 is more than a change in technology; it has implications for our world’s future” How to keep up on Web3 seeing amid its rapid evolution? There are three approaches to remain relevant in Web3.  Initially, develop the habit of learning on a continuous note by imbibing oneself with academic and journalist literature produced in that field. This includes reading industry journals, white papers and research articles to keep up with the latest trends.  Second, cultivate relationships with the lively Web3 community by actively participating in discussions through online forums, Discord servers and local meetups. This participatory method provides invaluable information and helps to understand through practical applicability.  Finally, embrace experimentation. Throw yourself into the pool of dApp building and experiencing uses that form bases for Web3.  “You learn more about the subtleties of a field by actively influencing it“ In other words, learning Web3 evolution involves fusing theoretical knowledge with community involvement and practical endeavors – an action-cycle of study, participation contribution as well as acceptance. Risk-management in Web3: how to implement it properly?  Managing risks in Web3 projects presents a more complicated picture due to the specific nature of operation, as well as many challenges and uncertainties attributed to blockchain technology and decentralization standards. This entails carrying out extensive smart contract audits to pinpoint the threats that may cause a breach or an exploit. Practicing optimal coding together with using major firms for conducting the audit is vital. Second, compliance with the regulatory requirement should be addressed. For Web3 projects, the legal landscape is changing quickly; therefore adhering to necessary laws and regulations in various jurisdictions plays a crucial role since it allows eliminating any potential pitfalls that could lead towards project flaws. Operational risks will also require control. This includes making adequate arrangements in place concerning infrastructure and network stability capable of taking care of scalability as well the coping ability with potential attacks such as Distributed Denial-oFService (DDo). Efficient governance structures, especially in DAOs are also very important to ensure the transparency and fair mechanism for decision making processes. Other important aspects are related to risk management finances. This includes deployment of risk management strategies, understanding the lifestyle fluxes on tokens and adopting certain countermeasures such as tactics to nullify market risks. In case of these risks, diversification strategies and hedging tactics may be used. Finally, the risk management of technical obsolescence is also significant when discussing Web3 since it’s a rapidly developing field. The imperative of keeping up with technological development and readiness to reformat or modernize systems and the procedures also is a must for being competitive. How do I know that a Web3 project is successful? The effectiveness of a blockchain or Web3 project is measured based on numerous factors that contribute to the success and overall performance. The main metrics include the level of security and stability in terms that there are no major security breaches, vulnerabilities or even handling huge transaction amounts without a momentum performance. An important factor is the level of decentralisation that was achieved. This encompasses thus the centralization model of node owners, governance protocols followed and how effectively that project can prevent failures or single points. This high level of decentralization is often associated with efficiency whereby security and resilience are increased. The rate that adoption occurs and the accompanying user base growth are also indicative factors of success. This includes the number of active users and also diversity as well user engagement in that platform. A project is considered successful if it involves an expanding and proactive user base, together with a strong, engaged community. Secondly, whereas the regulatory compliance and legal recognition of a project may not be value-added unless it is designed with embedded ambiguity to attract favorable action towards its onset or delivery in an environment where regulations are emerging. The projects which are formulated in such a way that they anticipate and manage the situations of legality and regulation tend to have long term establishment. Financial results then again are a key component: token value stability and the viability of that economic model. Good project should have a working economic model which would not only provide functionality in the short-term but also achieve long term viability through tokenomics. Also, innovation and technological development are important. Successful projects usually involve the development of new, innovative, efficient or improved solutions in respect to the blockchain and Web3 fields – including those that solve known challenges; present a whole range of possibilities where previously there were none existent. Therefore, the success of a blockchain or Web 3.0 project can be measured based on security and decentralization status; its implementation into peoples’ lives as users are reveled by user adoption level and regulatory compliance check presents how legally authoritative decision has been made upon that particular process. Finally financial stability along with innovative technological aspects gives us even more comprehensive outlooks over any given program.  What is your favorite Web3 project at the moment? Why? Within the dynamic and rapidly evolving landscape of Web3, declaring a single "favorite" project would be akin to picking a single star from a vast galaxy. Each project, like a celestial body, possesses unique characteristics and functionalities, catering to diverse needs and objectives within the decentralized ecosystem. However, by identifying key trends and highlighting projects garnering significant traction, I can assist you in navigating the Web3 landscape and discerning potential leaders in this nascent domain. DeFi: In the realm of decentralized finance (DeFi), protocols like Aave and Uniswap reign supreme. Aave's user-friendly interface and diverse lending options attract yield seekers, while Uniswap's permissionless nature and liquidity pools empower direct, transparent crypto-asset swaps. These platforms not only facilitate financial inclusion but also pave the way for a future of autonomous and secure financial transactions. NFT: The booming NFT space offers a plethora of exciting projects. OpenSea, the largest NFT marketplace, provides a comprehensive platform for exploring and acquiring diverse digital collectibles. Meanwhile, collections like Bored Ape Yacht Club (BAYC) transcend mere visuals, fostering exclusive communities and offering utility beyond ownership, blurring the lines between digital assets and cultural icons. Web3-gaming: The intersection of gaming and blockchain technology is birthing innovative experiences. Platforms like The Sandbox and Axie Infinity offer decentralized virtual worlds where users can not only play, but also create, own, and monetize their in-game assets. These immersive environments redefine traditional gaming models, shifting power from centralized entities to individual players and fostering vibrant communities. Is Web3 directly affecting our lives? The influence of Web3 on our everyday lives in the current world is still a matter for controversy and study. Although the application of Web3 is in its infancy, it influences various fields already due to decentralization; blockchain and increased user power. In finance, Web3 proposes decentralized applications or DeFi platforms that work in the way traditional banks do but with a digital approach. Unfortunately, unlike commercial banks that borrow at low cost and lend or invest the funds at much higher returns to earn (well) high spreads, these platforms provide peer-to-peer financial services which do not democratize access to finance by providing investment tools especially for unbanked or underbanked populations. Nonetheless, DeFi penetration is at present restricted to a small section of the population that understands and has access to these advanced technologies. Regarding digital possession and content production, Web3 technologies such as NFTs introduce new paradigms for creatives; they create a more direct income stream to artists while also augmenting philosophy over the creative ownership rights of digitized assets. These emerging economic systems are opening up new models on how to run creative industries, while the consequences at large for consumers remain unclear. In terms of data privacy and sovereignty, the so-called promise that Web3 offers to give users more control over their data justifies sending positive contrasts with current anarchy dominated by centralized platforms. Nevertheless, the real practical application of these ideals has its difficulties and therefore despite all this awareness is still work in progress even for today’s average user with regard to certainty about data ownership within Web3. Moreover, sectors dealing with supply chain management, voting systems and identification verification etc are also being influenced by Web3 technologies but largely revolving around pilot or experimental stages. While these applications will have a significant impact in real life, the exact level of their influence is yet to be determined. What new features and opportunities can we expect from Web3? When discussing Web3, it is a decentralized blockchain-driven technology that promises to bring numerous futuristic features one of which may radically transform the internet as people know now. One of the most important aspects is increased user autonomy, allowing people to have a larger role in governing their data. In contrast to Web2, where user data is frequently controlled by one central entity or organization thus restricting the level of privacy and security that said users can have over their personal data; in Web3 such barriers are eliminated allowing for individuals themselves essential control rights. The second main characteristic is the use of cryptocurrencies and tokens to merge native payment systems, creating a universal framework for financial transactions across web platforms that cross state boundaries. This may revolutionize e-commerce and even online monetization strategies; by shaking off to a large extent, our dependence on the conditions for traditional banking as well as payment gateways. Decentralized autonomous organizations (DAOs) in all good conscience represent a major paradigm shift within organizational and governance structures. Web3 enables community-led decision making with stakeholders having the push to impact platforms and organizations in terms of their developmental pathways as well as its policies alongside a democracy built mechanism. Interoperability is one of the key features in Web3 when different blockchain systems and networks can link or connect together. This cross-chain interplay improves the ease of use empowering users to seamlessly utilize multiple digital resources and functionality on varied chains. It is smart contracts that might become the key to eliminating human discretion and manual control in enforcements of agreements on a programmable trustless environment. They are capable of automatically resulting in transactions and agreements when certain conditions laid down fall through, thus eliminating the need for other middle men while increasing efficiency as well as transparency in different aspects they help govern digital interactions. Last but not least, Web3 will create more various and innovative economic models such as DeFi and the Tokenization of Equities. These models provide new investment, capital raising and asset management opportunities that may open financial markets to wider social constituents. How the inclusion of Web3 has benefited education and industrial development? The presence of Web3 in both education and industrial evolution has presented its share of potential advantages, even though all these are just growing from humble beginnings. For instance, blockchain can be employed for more secure and immutable record-keeping; thus, academic institutions undergo a replacement with credentials and transcripts administrations would have better veracity. This minimizes the chances of fraud and has eased the verification process for credentials as concerned. In addition, Web3’s decentralization can help create new innovative educational ideas and models, such as the hash-tag learners who are freed from gatekeepers possessing more control over their education data with access to various resources. Supply chain management comes with benefits to also aid in industrial development that can be significantly benefited from the adoption of Web3 technologies. Using blockchain to track and verify products/materials, industries can have greater transparency that covers all activities over the supply chain. This may result in effective quality control, fewer infringement, and efficient logistics.  Additionally, smart contracts simplify and streamline numerous industrial processes automating them to eliminate the role of intermediaries which increase productivity. Within the manufacturing sector, IoT blockchain integration will generate opportunities for more secured and transparent data exchange contributing to innovations in areas of predictive maintenance inventory management. In addition, because of the importance that Web3 places on decentralized networks it is possible to see innovation making an appearance in industrial processes due to peer-to-peer interactions and collaborations by various stakeholders. This may give rise to sturdier and adaptable industrial nests where small scale as well as medium-scaled firms have greater prospect of participation and innovativeness. What are the best use cases and examples of Web3 in your opinion? Decentralized Finance (DeFi) is among the most widespread use cases of Web3. DeFi platforms offer financial trading through smart contracts on blockchain networks while bypassing traditional intermediaries. This has created new channels of lending, borrowing and trading thus making financial services more accessible even to the unbanked or underbanked. Another important use case is Non-Fungible Tokens (NFTs). NFTs have changed the landscape of digital arts and collectibles by enabling sales, ownership transfer as well as tokens with verifiable provenance. This goes beyond art to cover digital real estate, gaming items and other forms of virtual property. In terms of identity verification, Web3 provides answers in the form of self-sovereign identity. This enables individuals to have control over their personal data and share the information securely selectively. This use case can be applied in different domains such as access management, online verification and personal data security. Web3 technologies are also improving Supply Chain Management. Blockchain streamlines supply chain transparency and traceability thereby enabling effective tracking of goods from the point of origin to consumer. This is especially advantageous in industries where authenticity and sustainable sourcing are most important, such as pharmaceuticals drugs, luxury goods, and food items. For content distribution, Web3 has platforms that are devolved in their nature and serve as alternatives to the centralized ones. These platforms enable content creators to exercise greater control over their products and direct means for monetization thereby reducing reliance on intermediaries while improving censorship resistance. Finally, Web3 is revolutionising Voting and Governance systems. With blockchain technology, safer and more transparent voting procedures may be put in place to raise levels of trust among people participating both through corporate governance as well public elections. You are co-founder and CMO of the successful project – Digitaliga, digital football platform provider for football clubs and their fans. What strategies would you use to ensure good user experience in this project? Achieving an appropriate user experience on a digital football platform such as Digitaliga requires holistic solutions with technology, content and community involvement. Intuitive and Engaging Platform Design: The user interface should be easy to use and accessible for all age groups while designing the platform. The design should be simple, attractive, and have qualities that correlate with the use of items such as club colors, mascots and player imagery, which are capable of increasing engagement.Personalization: Introduce capabilities that enable users to customize their interaction. This may involve interactive dashboards, customized club and player alarms and content personalization.  “Personalization leads to user engagement and retention.” Quality Content and Exclusive Features: Provide a variety of high-quality content for various groups of fans. These features include live match updates, exclusive interviews on various topics such as technology and fair-play in football among many others. Using AR/VR for immersive experiences such virtual stadium tours or match simulations can help to increase user interaction dramatically. Community Building and Social Features: Integrate social elements in order to foster community among the fans. Forums, fan clubs and interactive aspects such as polls, quizzes or fantasy leagues mainly enable the user to interact with each other which in turn leads a lively community of fans. Seamless Performance and Reliability: Make sure the platform is technically sound with minimal downtime and snappy loading, especially when there are high-traffic periods such as live matches. User satisfaction also deeply depends on the seamless and reliable platform. Mobile Optimization: Given that there is today increased use of smartphones, it is important to ensure maximum optimization for mobile devices. This includes mobile responsive and preferably, a custom app. Feedback Mechanisms and Customer Support: Implement effective feedback channels where users can report issues, suggest improvements, or offer positive feedback. Prompt and helpful customer support is crucial for addressing user concerns and improving their overall experience. Regular Updates and Innovation: Keep the platform dynamic and engaging by regularly updating content, features, and technology. Stay abreast of new trends and technologies in the digital and sports tech space to continuously innovate the user experience. Data-Driven Insights: Utilize data analytics to gain insights into user behavior and preferences. This data can inform content strategy, feature improvements, and marketing campaigns. Strategic Partnerships: Collaborate with clubs, players, and brands to provide exclusive content and offers. Such partnerships can enhance the platform's appeal and provide unique experiences for users. Conclusion  One of many reasons why Web3 may be a complicated term is its complexity. The advances of it are deeply integrated into different spheres – DeFi, gaming, NFT, and crypto. Thus, top-notch exchanges use Web3 in their services, as WhiteBIT with its WBSoul, and Coinbase with its features, while other realms implement Web3 more notably.  All of the above proves that Web3 is more than a multi-branched complex of technologies, but a new vector of scientific development with a potential to transform the zeitgeist.  #Interview #BTC #eth $ETH $SOL $TIA

The Future or The Futurism: Co-founder of Digitaliga on Challenges and Prospects of Web3

Let’s face the music: for a vast majority of people, Web3 is a completely unknown term, and for many others, it is rocket surgery. For some, it is an enigma, and for others – only a buzzword (hi, Elon Musk). 
Even for ones who are hands-on with blockchain, Web3 remains a multipolar and rather obscure term. A term that yet stands for one of the fastest-growing and promising industries that is essential to be aware of. 
To dot all the i’s and t’s, we asked a co-founder and CMO of Digitaliga @Mete Baskaya who shared his expert insights on Web3. Stay tuned!

How is Web2 transforming into Web3?
The world of digitization stands at the edge of a monumental change, something as revolutionary as from dial-up to broadband. The Web2 phase of social media titans and centralized data extraction is fading before our eyes to make room for the emerging Web3, where decentralization reigns. This evolution, although still embryonic at this point in the stage of the online world, has important repercussions regarding how we design, invest and control the internet.
With the advent of Web2, the internet resembled a walled garden where Big Tech companies had complete control over user data and access. These algorithmic gatekeepers selected content, sometimes in an opaque manner and users showed their engagement which was monetized while providing no direct benefit to them. 
Web3 sees a radically different model. Providing a ground for distributed trust, blockchain technology eliminates central control and creates an atmosphere conducive to peer-to-peer interactions. Users have digital identities, namely they own and control their data as well as actively govern applications which users participate in shape.
This paradigm change redefines the roles of key stakeholders. The users transform from passive consumers into active participants, influencing the actual platforms with which they interact. Developers move from building behind walled gardens to production of open-source protocols, stimulating collective progress. Investors aren’t interested in the big giants anymore but target budding communities based on their common vision and purpose.
“The potential of Web3 is not in question, but its fullest expression traverses difficulties.”
Scalability, security and user experience still pose challenges. Regulatory frameworks try to deal with new ideas such as decentralized autonomous organizations (DAOs). However, despite this being the case; these rewards are equally enormous. A few possibilities include the democratization of data, more equitable access to financial services, and a livelier marketplace of ideas.
“For developers or builders, being clear on the fundamental ideas behind decentralized protocols and adopting an open approach is essential”
Investors need to work on new valuation approaches that venture beyond standard measures. Policymakers have to strike the delicate balance between encouraging innovation and minimizing any inherent hazards in such a way that they do not work hard at all but provide equal opportunities without destroying activity.
“The internet from Web2 to 3 is more than a change in technology; it has implications for our world’s future”
How to keep up on Web3 seeing amid its rapid evolution?
There are three approaches to remain relevant in Web3. 
Initially, develop the habit of learning on a continuous note by imbibing oneself with academic and journalist literature produced in that field. This includes reading industry journals, white papers and research articles to keep up with the latest trends. 
Second, cultivate relationships with the lively Web3 community by actively participating in discussions through online forums, Discord servers and local meetups. This participatory method provides invaluable information and helps to understand through practical applicability. 
Finally, embrace experimentation. Throw yourself into the pool of dApp building and experiencing uses that form bases for Web3. 
“You learn more about the subtleties of a field by actively influencing it“
In other words, learning Web3 evolution involves fusing theoretical knowledge with community involvement and practical endeavors – an action-cycle of study, participation contribution as well as acceptance.
Risk-management in Web3: how to implement it properly? 
Managing risks in Web3 projects presents a more complicated picture due to the specific nature of operation, as well as many challenges and uncertainties attributed to blockchain technology and decentralization standards. This entails carrying out extensive smart contract audits to pinpoint the threats that may cause a breach or an exploit. Practicing optimal coding together with using major firms for conducting the audit is vital.
Second, compliance with the regulatory requirement should be addressed. For Web3 projects, the legal landscape is changing quickly; therefore adhering to necessary laws and regulations in various jurisdictions plays a crucial role since it allows eliminating any potential pitfalls that could lead towards project flaws.
Operational risks will also require control. This includes making adequate arrangements in place concerning infrastructure and network stability capable of taking care of scalability as well the coping ability with potential attacks such as Distributed Denial-oFService (DDo). Efficient governance structures, especially in DAOs are also very important to ensure the transparency and fair mechanism for decision making processes.
Other important aspects are related to risk management finances. This includes deployment of risk management strategies, understanding the lifestyle fluxes on tokens and adopting certain countermeasures such as tactics to nullify market risks. In case of these risks, diversification strategies and hedging tactics may be used.
Finally, the risk management of technical obsolescence is also significant when discussing Web3 since it’s a rapidly developing field. The imperative of keeping up with technological development and readiness to reformat or modernize systems and the procedures also is a must for being competitive.
How do I know that a Web3 project is successful?
The effectiveness of a blockchain or Web3 project is measured based on numerous factors that contribute to the success and overall performance. The main metrics include the level of security and stability in terms that there are no major security breaches, vulnerabilities or even handling huge transaction amounts without a momentum performance.
An important factor is the level of decentralisation that was achieved. This encompasses thus the centralization model of node owners, governance protocols followed and how effectively that project can prevent failures or single points. This high level of decentralization is often associated with efficiency whereby security and resilience are increased.
The rate that adoption occurs and the accompanying user base growth are also indicative factors of success. This includes the number of active users and also diversity as well user engagement in that platform. A project is considered successful if it involves an expanding and proactive user base, together with a strong, engaged community.
Secondly, whereas the regulatory compliance and legal recognition of a project may not be value-added unless it is designed with embedded ambiguity to attract favorable action towards its onset or delivery in an environment where regulations are emerging. The projects which are formulated in such a way that they anticipate and manage the situations of legality and regulation tend to have long term establishment.
Financial results then again are a key component: token value stability and the viability of that economic model. Good project should have a working economic model which would not only provide functionality in the short-term but also achieve long term viability through tokenomics.
Also, innovation and technological development are important. Successful projects usually involve the development of new, innovative, efficient or improved solutions in respect to the blockchain and Web3 fields – including those that solve known challenges; present a whole range of possibilities where previously there were none existent.
Therefore, the success of a blockchain or Web 3.0 project can be measured based on security and decentralization status; its implementation into peoples’ lives as users are reveled by user adoption level and regulatory compliance check presents how legally authoritative decision has been made upon that particular process. Finally financial stability along with innovative technological aspects gives us even more comprehensive outlooks over any given program. 
What is your favorite Web3 project at the moment? Why?
Within the dynamic and rapidly evolving landscape of Web3, declaring a single "favorite" project would be akin to picking a single star from a vast galaxy. Each project, like a celestial body, possesses unique characteristics and functionalities, catering to diverse needs and objectives within the decentralized ecosystem. However, by identifying key trends and highlighting projects garnering significant traction, I can assist you in navigating the Web3 landscape and discerning potential leaders in this nascent domain.
DeFi: In the realm of decentralized finance (DeFi), protocols like Aave and Uniswap reign supreme. Aave's user-friendly interface and diverse lending options attract yield seekers, while Uniswap's permissionless nature and liquidity pools empower direct, transparent crypto-asset swaps. These platforms not only facilitate financial inclusion but also pave the way for a future of autonomous and secure financial transactions.
NFT: The booming NFT space offers a plethora of exciting projects. OpenSea, the largest NFT marketplace, provides a comprehensive platform for exploring and acquiring diverse digital collectibles. Meanwhile, collections like Bored Ape Yacht Club (BAYC) transcend mere visuals, fostering exclusive communities and offering utility beyond ownership, blurring the lines between digital assets and cultural icons.
Web3-gaming: The intersection of gaming and blockchain technology is birthing innovative experiences. Platforms like The Sandbox and Axie Infinity offer decentralized virtual worlds where users can not only play, but also create, own, and monetize their in-game assets. These immersive environments redefine traditional gaming models, shifting power from centralized entities to individual players and fostering vibrant communities.
Is Web3 directly affecting our lives?
The influence of Web3 on our everyday lives in the current world is still a matter for controversy and study. Although the application of Web3 is in its infancy, it influences various fields already due to decentralization; blockchain and increased user power.
In finance, Web3 proposes decentralized applications or DeFi platforms that work in the way traditional banks do but with a digital approach. Unfortunately, unlike commercial banks that borrow at low cost and lend or invest the funds at much higher returns to earn (well) high spreads, these platforms provide peer-to-peer financial services which do not democratize access to finance by providing investment tools especially for unbanked or underbanked populations. Nonetheless, DeFi penetration is at present restricted to a small section of the population that understands and has access to these advanced technologies.
Regarding digital possession and content production, Web3 technologies such as NFTs introduce new paradigms for creatives; they create a more direct income stream to artists while also augmenting philosophy over the creative ownership rights of digitized assets. These emerging economic systems are opening up new models on how to run creative industries, while the consequences at large for consumers remain unclear.
In terms of data privacy and sovereignty, the so-called promise that Web3 offers to give users more control over their data justifies sending positive contrasts with current anarchy dominated by centralized platforms. Nevertheless, the real practical application of these ideals has its difficulties and therefore despite all this awareness is still work in progress even for today’s average user with regard to certainty about data ownership within Web3.
Moreover, sectors dealing with supply chain management, voting systems and identification verification etc are also being influenced by Web3 technologies but largely revolving around pilot or experimental stages. While these applications will have a significant impact in real life, the exact level of their influence is yet to be determined.
What new features and opportunities can we expect from Web3?
When discussing Web3, it is a decentralized blockchain-driven technology that promises to bring numerous futuristic features one of which may radically transform the internet as people know now. One of the most important aspects is increased user autonomy, allowing people to have a larger role in governing their data. In contrast to Web2, where user data is frequently controlled by one central entity or organization thus restricting the level of privacy and security that said users can have over their personal data; in Web3 such barriers are eliminated allowing for individuals themselves essential control rights.
The second main characteristic is the use of cryptocurrencies and tokens to merge native payment systems, creating a universal framework for financial transactions across web platforms that cross state boundaries. This may revolutionize e-commerce and even online monetization strategies; by shaking off to a large extent, our dependence on the conditions for traditional banking as well as payment gateways.
Decentralized autonomous organizations (DAOs) in all good conscience represent a major paradigm shift within organizational and governance structures. Web3 enables community-led decision making with stakeholders having the push to impact platforms and organizations in terms of their developmental pathways as well as its policies alongside a democracy built mechanism.
Interoperability is one of the key features in Web3 when different blockchain systems and networks can link or connect together. This cross-chain interplay improves the ease of use empowering users to seamlessly utilize multiple digital resources and functionality on varied chains.
It is smart contracts that might become the key to eliminating human discretion and manual control in enforcements of agreements on a programmable trustless environment. They are capable of automatically resulting in transactions and agreements when certain conditions laid down fall through, thus eliminating the need for other middle men while increasing efficiency as well as transparency in different aspects they help govern digital interactions.
Last but not least, Web3 will create more various and innovative economic models such as DeFi and the Tokenization of Equities. These models provide new investment, capital raising and asset management opportunities that may open financial markets to wider social constituents.
How the inclusion of Web3 has benefited education and industrial development?
The presence of Web3 in both education and industrial evolution has presented its share of potential advantages, even though all these are just growing from humble beginnings.
For instance, blockchain can be employed for more secure and immutable record-keeping; thus, academic institutions undergo a replacement with credentials and transcripts administrations would have better veracity. This minimizes the chances of fraud and has eased the verification process for credentials as concerned. In addition, Web3’s decentralization can help create new innovative educational ideas and models, such as the hash-tag learners who are freed from gatekeepers possessing more control over their education data with access to various resources.
Supply chain management comes with benefits to also aid in industrial development that can be significantly benefited from the adoption of Web3 technologies. Using blockchain to track and verify products/materials, industries can have greater transparency that covers all activities over the supply chain. This may result in effective quality control, fewer infringement, and efficient logistics. 
Additionally, smart contracts simplify and streamline numerous industrial processes automating them to eliminate the role of intermediaries which increase productivity. Within the manufacturing sector, IoT blockchain integration will generate opportunities for more secured and transparent data exchange contributing to innovations in areas of predictive maintenance inventory management.
In addition, because of the importance that Web3 places on decentralized networks it is possible to see innovation making an appearance in industrial processes due to peer-to-peer interactions and collaborations by various stakeholders. This may give rise to sturdier and adaptable industrial nests where small scale as well as medium-scaled firms have greater prospect of participation and innovativeness.
What are the best use cases and examples of Web3 in your opinion?
Decentralized Finance (DeFi) is among the most widespread use cases of Web3. DeFi platforms offer financial trading through smart contracts on blockchain networks while bypassing traditional intermediaries. This has created new channels of lending, borrowing and trading thus making financial services more accessible even to the unbanked or underbanked.
Another important use case is Non-Fungible Tokens (NFTs). NFTs have changed the landscape of digital arts and collectibles by enabling sales, ownership transfer as well as tokens with verifiable provenance. This goes beyond art to cover digital real estate, gaming items and other forms of virtual property.
In terms of identity verification, Web3 provides answers in the form of self-sovereign identity. This enables individuals to have control over their personal data and share the information securely selectively. This use case can be applied in different domains such as access management, online verification and personal data security.
Web3 technologies are also improving Supply Chain Management. Blockchain streamlines supply chain transparency and traceability thereby enabling effective tracking of goods from the point of origin to consumer. This is especially advantageous in industries where authenticity and sustainable sourcing are most important, such as pharmaceuticals drugs, luxury goods, and food items.
For content distribution, Web3 has platforms that are devolved in their nature and serve as alternatives to the centralized ones. These platforms enable content creators to exercise greater control over their products and direct means for monetization thereby reducing reliance on intermediaries while improving censorship resistance.
Finally, Web3 is revolutionising Voting and Governance systems. With blockchain technology, safer and more transparent voting procedures may be put in place to raise levels of trust among people participating both through corporate governance as well public elections.
You are co-founder and CMO of the successful project – Digitaliga, digital football platform provider for football clubs and their fans. What strategies would you use to ensure good user experience in this project?
Achieving an appropriate user experience on a digital football platform such as Digitaliga requires holistic solutions with technology, content and community involvement.
Intuitive and Engaging Platform Design: The user interface should be easy to use and accessible for all age groups while designing the platform. The design should be simple, attractive, and have qualities that correlate with the use of items such as club colors, mascots and player imagery, which are capable of increasing engagement.Personalization: Introduce capabilities that enable users to customize their interaction. This may involve interactive dashboards, customized club and player alarms and content personalization. 
“Personalization leads to user engagement and retention.”
Quality Content and Exclusive Features: Provide a variety of high-quality content for various groups of fans. These features include live match updates, exclusive interviews on various topics such as technology and fair-play in football among many others. Using AR/VR for immersive experiences such virtual stadium tours or match simulations can help to increase user interaction dramatically.
Community Building and Social Features: Integrate social elements in order to foster community among the fans. Forums, fan clubs and interactive aspects such as polls, quizzes or fantasy leagues mainly enable the user to interact with each other which in turn leads a lively community of fans.
Seamless Performance and Reliability: Make sure the platform is technically sound with minimal downtime and snappy loading, especially when there are high-traffic periods such as live matches. User satisfaction also deeply depends on the seamless and reliable platform.
Mobile Optimization: Given that there is today increased use of smartphones, it is important to ensure maximum optimization for mobile devices. This includes mobile responsive and preferably, a custom app.
Feedback Mechanisms and Customer Support: Implement effective feedback channels where users can report issues, suggest improvements, or offer positive feedback. Prompt and helpful customer support is crucial for addressing user concerns and improving their overall experience.
Regular Updates and Innovation: Keep the platform dynamic and engaging by regularly updating content, features, and technology. Stay abreast of new trends and technologies in the digital and sports tech space to continuously innovate the user experience.
Data-Driven Insights: Utilize data analytics to gain insights into user behavior and preferences. This data can inform content strategy, feature improvements, and marketing campaigns.
Strategic Partnerships: Collaborate with clubs, players, and brands to provide exclusive content and offers. Such partnerships can enhance the platform's appeal and provide unique experiences for users.

Conclusion 
One of many reasons why Web3 may be a complicated term is its complexity. The advances of it are deeply integrated into different spheres – DeFi, gaming, NFT, and crypto. Thus, top-notch exchanges use Web3 in their services, as WhiteBIT with its WBSoul, and Coinbase with its features, while other realms implement Web3 more notably. 
All of the above proves that Web3 is more than a multi-branched complex of technologies, but a new vector of scientific development with a potential to transform the zeitgeist. 
#Interview #BTC #eth
$ETH $SOL $TIA
Interview: Women in Blockchain, Breaking Barriers And Creating The FutureThe world of blockchain technology was initially predominantly male. But the industry continues to expand and develop, as does the representation of women in it. While research shows that women still make up a small percentage of the community, they are demonstrating an increasing contribution to the crypto industry. Even though the largest projects are founded and led by men, there are still several powerful female-founded initiatives. World of Women (WoW), Alpha Girl Club, and Women Tribe have all achieved significant success by demonstrating the pioneering contributions of women. To understand more about the challenges faced by women in the crypto industry, we asked LaPetiteADA, a co-founder of VAULT3 and SPO of GranADA, to tell us how she made her way. Q: Firstly, can you share with us how you decided to get involved in the crypto space? And how long have you been doing this? Answer: I have been hearing about cryptocurrencies for years. In 2020, after researching and consulting with some expert friends, I decided to invest in BTC and ETH. Later, after watching Charles Hoskinson’s famous whiteboard video, I learned more about the problems that the first blockchain prototypes weren’t solving. So, I decided to invest in third-generation ecosystems like Cardano and focus my crypto portfolio on new technologies that are more robust, scalable, and secure. In 2022, my friends recommended that I open a Twitter account if I wanted to learn more about crypto and stay up to date. I’m really glad I took their advice because I’ve read and learned so much about this innovative and cutting-edge technology, and I even ended up becoming a content creator, stake pool operator, and I even co-founded a web3 project called VAULT3! Q: Do you have a favorite altcoin and if so, which one is it? Answer: My preferred altcoin is ADA, but I also like other blockchains and I believe that the future will be multichain. I chose Cardano due to its solid foundations, including a robust and secure infrastructure, and a vibrant community, and it has been recently categorized as the most decentralized L1 ecosystem by the University of Edinburgh. Also, Cardano is leading the way in blockchain governance, and its mission to bank the unbanked and create financial inclusion, especially with impactful initiatives in Africa, makes ADA stand out for me. Which of the influential persons in the sphere of blockchain technologies do you follow and read? Q: Which of the influential persons in the sphere of blockchain technologies do you follow and read? Answer: It’s difficult to highlight a few among so many inspiring individuals to choose from. I follow and enjoy reading the content of Charles Hoskinson, Vitalik Buterin, Changpeng Zhao, Gavin Wood, and Aleksandra Huk. What’s truly important, is to appreciate the positive contributions of each and learn from them. The vibrant and supportive community behind crypto is what inspires me the most. It’s filled with brilliant, creative, and enthusiastic minds, and their passion and dedication are very contagious! Q: Have you ever experienced discrimination in the industry? Answer: When I started my crypto journey, most people, women included, believed I was someone who set up a fake online profile to trick people and get money out of them. This is something most women have to face when they enter the industry. However, once people notice authenticity, goodwill, hard work, and consistency, they change their beliefs and assumptions. I’ve seen a lot of men get frustrated seeing women having success in crypto Twitter. I understand that sometimes it might be unfair, as often men are more keen to follow female content creators, but it’s also unfair that this leads to negative assumptions about women’s abilities, leadership style, and commitment to work. So, it’s normal for women to face stereotypes and biases, and to be underestimated. But I believe this will change with time as more women join the space. Together, we can break down barriers and create a more inclusive future for everyone. Q: Are there any challenges for women that you would like to highlight? Answer: Imagine diving into the world of crypto with a background in dentistry. I don’t consider myself a techy person, so one of the challenges was understanding unfamiliar and complex terms. But a lot of reading, asking the right people the right questions, seeking advice, and “getting my hands dirty”, helped me to navigate and understand the space and the tech way better. Finally, investing my free time and effort to learn about blockchain was very challenging, but it was a rewarding process! Q: In your opinion, is it important for women to be involved in the industry, and if so, why? Answer: Every woman should have the chance to control her wealth and achieve financial freedom, especially in very conservative countries where women are not even allowed to be economically independent. I strongly believe that cryptocurrencies will play a significant role in achieving these goals. While the crypto world has been a “boys club” for a while, I believe the Crypto community is very inclusive, and there are more and more amazing and talented women joining the ecosystem. The blockchain industry consists of brilliant minds, both men and women, but more lady power is always welcome, and diversity drives innovation! Q: Can you give some advice to other women who wish to work in the crypto industry? Answer: Dive in, ladies! It might be a bit frustrating, scary, and difficult initially, but trust me if I could do it with my zero-tech background, so can you. Empower yourself, be confident to ask enough times until you understand everything, and most of all, have fun with it! Conclusion LaPetiteADA’s words emphasize that everyone can succeed despite any obstacles. The industry has repeatedly shared success stories of outstanding people who started their journey from scratch and without the necessary resources. An example is the story of Rachel Siegel, the founder of Crypto Finally, who invested in cryptocurrency and became a millionaire, showing that even people with modest incomes can achieve significant financial success through cryptocurrency investments. Or the history of the founder of the WhiteBIT crypto exchange, Volodymyr Nosov, who did not have rich parents and a brilliant education, but continued to work hard day after day and achieved the height. Another great example is Catherine Wood. The founder of ARK Invest still faces many challenges along the way. However, the woman does not give up, instead, she continues to fight and inspire a new generation of investors with her innovative approach to investing. As well as Vitalik Buterin, co-founder of Ethereum. Buterin’s journey began in 2011 when he learned about Bitcoin but didn’t have the funds to buy it. So before creating the Ethereum concept, he wrote articles for Bitcoin magazine, earning a few coins per article. All of these stories only emphasize that there is no need to be afraid, and regardless of gender, a person who continues to work hard will always reach heights. $ADA #Interview #WomenInCrypto

Interview: Women in Blockchain, Breaking Barriers And Creating The Future

The world of blockchain technology was initially predominantly male. But the industry continues to expand and develop, as does the representation of women in it. While research shows that women still make up a small percentage of the community, they are demonstrating an increasing contribution to the crypto industry.
Even though the largest projects are founded and led by men, there are still several powerful female-founded initiatives. World of Women (WoW), Alpha Girl Club, and Women Tribe have all achieved significant success by demonstrating the pioneering contributions of women. To understand more about the challenges faced by women in the crypto industry, we asked LaPetiteADA, a co-founder of VAULT3 and SPO of GranADA, to tell us how she made her way.
Q: Firstly, can you share with us how you decided to get involved in the crypto space? And how long have you been doing this?
Answer:
I have been hearing about cryptocurrencies for years. In 2020, after researching and consulting with some expert friends, I decided to invest in BTC and ETH. Later, after watching Charles Hoskinson’s famous whiteboard video, I learned more about the problems that the first blockchain prototypes weren’t solving. So, I decided to invest in third-generation ecosystems like Cardano and focus my crypto portfolio on new technologies that are more robust, scalable, and secure.
In 2022, my friends recommended that I open a Twitter account if I wanted to learn more about crypto and stay up to date. I’m really glad I took their advice because I’ve read and learned so much about this innovative and cutting-edge technology, and I even ended up becoming a content creator, stake pool operator, and I even co-founded a web3 project called VAULT3!
Q: Do you have a favorite altcoin and if so, which one is it?
Answer:
My preferred altcoin is ADA, but I also like other blockchains and I believe that the future will be multichain. I chose Cardano due to its solid foundations, including a robust and secure infrastructure, and a vibrant community, and it has been recently categorized as the most decentralized L1 ecosystem by the University of Edinburgh. Also, Cardano is leading the way in blockchain governance, and its mission to bank the unbanked and create financial inclusion, especially with impactful initiatives in Africa, makes ADA stand out for me.
Which of the influential persons in the sphere of blockchain technologies do you follow and read?
Q: Which of the influential persons in the sphere of blockchain technologies do you follow and read?
Answer:
It’s difficult to highlight a few among so many inspiring individuals to choose from. I follow and enjoy reading the content of Charles Hoskinson, Vitalik Buterin, Changpeng Zhao, Gavin Wood, and Aleksandra Huk. What’s truly important, is to appreciate the positive contributions of each and learn from them. The vibrant and supportive community behind crypto is what inspires me the most. It’s filled with brilliant, creative, and enthusiastic minds, and their passion and dedication are very contagious!
Q: Have you ever experienced discrimination in the industry?
Answer:
When I started my crypto journey, most people, women included, believed I was someone who set up a fake online profile to trick people and get money out of them. This is something most women have to face when they enter the industry. However, once people notice authenticity, goodwill, hard work, and consistency, they change their beliefs and assumptions. I’ve seen a lot of men get frustrated seeing women having success in crypto Twitter. I understand that sometimes it might be unfair, as often men are more keen to follow female content creators, but it’s also unfair that this leads to negative assumptions about women’s abilities, leadership style, and commitment to work. So, it’s normal for women to face stereotypes and biases, and to be underestimated. But I believe this will change with time as more women join the space. Together, we can break down barriers and create a more inclusive future for everyone.
Q: Are there any challenges for women that you would like to highlight?
Answer:
Imagine diving into the world of crypto with a background in dentistry. I don’t consider myself a techy person, so one of the challenges was understanding unfamiliar and complex terms. But a lot of reading, asking the right people the right questions, seeking advice, and “getting my hands dirty”, helped me to navigate and understand the space and the tech way better. Finally, investing my free time and effort to learn about blockchain was very challenging, but it was a rewarding process!
Q: In your opinion, is it important for women to be involved in the industry, and if so, why?
Answer:
Every woman should have the chance to control her wealth and achieve financial freedom, especially in very conservative countries where women are not even allowed to be economically independent. I strongly believe that cryptocurrencies will play a significant role in achieving these goals. While the crypto world has been a “boys club” for a while, I believe the Crypto community is very inclusive, and there are more and more amazing and talented women joining the ecosystem. The blockchain industry consists of brilliant minds, both men and women, but more lady power is always welcome, and diversity drives innovation!
Q: Can you give some advice to other women who wish to work in the crypto industry?
Answer:
Dive in, ladies! It might be a bit frustrating, scary, and difficult initially, but trust me if I could do it with my zero-tech background, so can you. Empower yourself, be confident to ask enough times until you understand everything, and most of all, have fun with it!
Conclusion
LaPetiteADA’s words emphasize that everyone can succeed despite any obstacles. The industry has repeatedly shared success stories of outstanding people who started their journey from scratch and without the necessary resources.
An example is the story of Rachel Siegel, the founder of Crypto Finally, who invested in cryptocurrency and became a millionaire, showing that even people with modest incomes can achieve significant financial success through cryptocurrency investments.
Or the history of the founder of the WhiteBIT crypto exchange, Volodymyr Nosov, who did not have rich parents and a brilliant education, but continued to work hard day after day and achieved the height.
Another great example is Catherine Wood. The founder of ARK Invest still faces many challenges along the way. However, the woman does not give up, instead, she continues to fight and inspire a new generation of investors with her innovative approach to investing.
As well as Vitalik Buterin, co-founder of Ethereum. Buterin’s journey began in 2011 when he learned about Bitcoin but didn’t have the funds to buy it. So before creating the Ethereum concept, he wrote articles for Bitcoin magazine, earning a few coins per article.
All of these stories only emphasize that there is no need to be afraid, and regardless of gender, a person who continues to work hard will always reach heights.
$ADA #Interview #WomenInCrypto
Exclusive Interview with Sebastien Guillemot: Exploring Web GamingIn the constantly evolving digital entertainment world, the emergence of Web3 gaming is a unique sign of innovation and opportunity. Combining the engaging experience of traditional games with the decentralized power of blockchain technology, Web3 games are changing how we interact with and explore virtual worlds. I asked Sebastien Guillemot, co-founder of Paima Studios and dcSpark, to share his vision of the web3 gaming industry to provide a better understanding of the intersection of blockchain technology and gaming, as well as to explore the evolution of gaming in the decentralized era. Q: Web3 games are a relatively small industry with huge potential that is still developing. What was your impetus for choosing this area? The concept of layer 2s (“L2s”) has unlocked a lot of innovation. People can create new environments without being limited to the EVM while still inheriting security and market access compared to launching a new L1. However, it was also clear liquidity would be a big problem: what would motivate people to bridge to a new L2 (beyond lower fees)? Unless an environment provides a 10x improvement over other layers, liquidity will be sticky and not migrate over. We felt that in this environment, use cases that depend less on institutional-level liquidity (such as gaming) were poised to thrive, and that’s why we started pioneering gaming L2 technology 2 years ago at Paima Studios. Q: Can you share an overview of the current state of the Web3 gaming industry and its development trajectory? What do you see as the most promising aspects of Web3 games compared to traditional gaming experiences? Currently, most games live in a web2.5 world — that is to say, using a mix of centralized servers and using web3 environments purely for the tradability of in-game assets. This setup has thrived because it already enables commercially successful projects without the engineering complexity of building an application in a fully decentralized manner. However, this setup is only a half-measure. You only get partial composition (only of game assets), you only get part-ownership (game shutting down still means you lose everything), and a lot of games that don’t walk this fine line carefully end up inheriting the worst of both worlds. Within this, fully decentralized games have been quickly growing in interest as a way to lean fully into the web3 benefits. Q: You are the co-founder of Paima Studios, can you tell us more about the project, its key features and benefits, and how it came to be? Paima Studios is a game studio founded 2 years ago to not only build fully decentralized games but also build a modular gaming rollup framework to enable anybody to build these kinds of games as well. We’ve deployed multiple games to mainnet using our technology such as our latest game Tarochi (an onchain RPG game) and multiple other companies are leveraging our software for their development as well. Q: You are also a co-founder of dcSpark, a crypto ecosystem developer. As a co-founder, you are involved in the creation of ecosystems in the crypto space. How do you see blockchain games contributing to the broader crypto ecosystem, and what role do you see them playing in the future of decentralized finance (DeFi) and non-fungible tokens (NFTs)? We see games as a key driver of initial use cases for cutting-edge software such as zero-knowledge cryptography (ZK). For example, Zeko (our ZK rollup framework written in partnership with o1Labs and Mina Foundation) is usable for multiple different use cases from DeFi to RWAs, but we’re also putting a large focus on gaming by connecting Zeko as the first ZK layer to Paima Engine. Q: Navigating the intersection of blockchain technology and gaming requires a deep understanding of both industries. How do you approach bridging the gap between these two worlds, and what opportunities do you see emerging from their convergence? Gaming, unlike DeFi where institutional players who can provide large liquidity are often key, depends on a large set of active players. This requires the ability to iterate fast based on user feedback (most games have to be updated every week to stay relevant) and active communication with the community. Members of our team have many years of experience building core blockchain protocols and are fans of gaming as well, so a lot of it has been merging those two passions. Q: Community engagement is vital for the success of any gaming project. How do you cultivate and support a thriving community around your gaming projects, and what strategies have you found to be most effective in fostering long-term player engagement? Transparency in the building process is key. People understand that web3 games have some complexity to them (especially if the full game is decentralized), but a lot of people are very excited about the technology so transparency on technical progress is a lot more important than in web2. Additionally, if a game is fully decentralized, it means that at the end of the day, the community is the one that decides the tokenomics and so having the community provide feedback and brainstorm on tokenomic ideas helps make everyone feel they are part of the building process. Q: What unique opportunities do Web3 games offer to both players and developers? Can you tell us more about the potential benefits of Web3 games for players in terms of ownership and monetization? Beyond the ability to trade in-game assets, it also empowers players to have more of a voice in the direction of the game, and it allows developers to start making contributions to the game and be financially rewarded for it even if they are not part of the initial team. Most web2 games that have tried to be open-source games eventually fall flat due to the natural centralization around a core team that has to manage the servers, triage the issues, process FITA payments, and more, and we believe web3 games can allow open sources games to thrive where web2 games have failed. Q: Do you think there is a need for a connection between Web3 games and other new technologies such as virtual reality (VR) and augmented reality (AR)? Can their integration improve these technologies? Although I do not think they are required, I think the integration is a desirable end goal. I think one of the types of games that people resonate the most with when it comes to whether or not they should be decentralized is games that have social interactions at their core. For example, if future human interactions happen in the metaverse, I think it would not be ideal if it all happened in a centralized environment such as Meta’s metaverse called “Horizon Worlds”, and we would be better served by a decentralized platform. Q: Web3 technologies are constantly expanding their capabilities. One of the most secure and convenient authorization methods is Web3 authentication. It is used not only in web3 games but also by some of the leading cryptocurrency companies such as OKX, WhiteBIT, Bybit, etc. What are the main advantages of Web3 authentication for compatibility and cross-platform integration between different gaming platforms and Web3 services? Many startups have tried to leverage web2 authentication as the root of trust for creating crypto wallets (especially in gaming). Although this works to a certain extent, it often causes cascading composability issues. For example, if the provider for creating wallets from an email used by the game is different from one used by an NFT marketplace, then the two platforms may generate different web3 wallets from the same web2 account, leading to user confusion and frustration. I think we have already seen the potential of web3 authentication services, and I’m excited by many people working on everything from core protocol changes to blockchains like Ethereum to new products that help improve the user experience, lower costs and improve interoperability. Q: Looking ahead, what do you think will be the most significant trends or achievements in the field of web3 games in the future? I think ZK is the current main trend for gaming, with many projects realizing that gaming is currently one of the main drivers of interest in many ZK platforms, such as Starknet and Mina. ZK enables not only easier proving of the game state but also helps move a lot of the calculation into the user’s local machine, which helps a lot with scalability when it comes to the large player counts that games have to support. Q: Finally, what advice would you give to aspiring entrepreneurs and developers looking to enter the web3 gaming space, based on your own experiences as a co-founder of both projects? Right now in the decentralized gaming space, a lot of teams are still focusing on iterating on proof-of-concepts and hackathons. It’s a great time to get involved even if you don’t want to commit to making it a career choice, and still has a lot of room for commercial projects to come in as early adoptions. #Interview

Exclusive Interview with Sebastien Guillemot: Exploring Web Gaming

In the constantly evolving digital entertainment world, the emergence of Web3 gaming is a unique sign of innovation and opportunity. Combining the engaging experience of traditional games with the decentralized power of blockchain technology, Web3 games are changing how we interact with and explore virtual worlds.
I asked Sebastien Guillemot, co-founder of Paima Studios and dcSpark, to share his vision of the web3 gaming industry to provide a better understanding of the intersection of blockchain technology and gaming, as well as to explore the evolution of gaming in the decentralized era.
Q: Web3 games are a relatively small industry with huge potential that is still developing. What was your impetus for choosing this area?
The concept of layer 2s (“L2s”) has unlocked a lot of innovation. People can create new environments without being limited to the EVM while still inheriting security and market access compared to launching a new L1. However, it was also clear liquidity would be a big problem: what would motivate people to bridge to a new L2 (beyond lower fees)? Unless an environment provides a 10x improvement over other layers, liquidity will be sticky and not migrate over. We felt that in this environment, use cases that depend less on institutional-level liquidity (such as gaming) were poised to thrive, and that’s why we started pioneering gaming L2 technology 2 years ago at Paima Studios.
Q: Can you share an overview of the current state of the Web3 gaming industry and its development trajectory? What do you see as the most promising aspects of Web3 games compared to traditional gaming experiences?
Currently, most games live in a web2.5 world — that is to say, using a mix of centralized servers and using web3 environments purely for the tradability of in-game assets. This setup has thrived because it already enables commercially successful projects without the engineering complexity of building an application in a fully decentralized manner. However, this setup is only a half-measure. You only get partial composition (only of game assets), you only get part-ownership (game shutting down still means you lose everything), and a lot of games that don’t walk this fine line carefully end up inheriting the worst of both worlds. Within this, fully decentralized games have been quickly growing in interest as a way to lean fully into the web3 benefits.
Q: You are the co-founder of Paima Studios, can you tell us more about the project, its key features and benefits, and how it came to be?
Paima Studios is a game studio founded 2 years ago to not only build fully decentralized games but also build a modular gaming rollup framework to enable anybody to build these kinds of games as well. We’ve deployed multiple games to mainnet using our technology such as our latest game Tarochi (an onchain RPG game) and multiple other companies are leveraging our software for their development as well.
Q: You are also a co-founder of dcSpark, a crypto ecosystem developer. As a co-founder, you are involved in the creation of ecosystems in the crypto space. How do you see blockchain games contributing to the broader crypto ecosystem, and what role do you see them playing in the future of decentralized finance (DeFi) and non-fungible tokens (NFTs)?
We see games as a key driver of initial use cases for cutting-edge software such as zero-knowledge cryptography (ZK). For example, Zeko (our ZK rollup framework written in partnership with o1Labs and Mina Foundation) is usable for multiple different use cases from DeFi to RWAs, but we’re also putting a large focus on gaming by connecting Zeko as the first ZK layer to Paima Engine.
Q: Navigating the intersection of blockchain technology and gaming requires a deep understanding of both industries. How do you approach bridging the gap between these two worlds, and what opportunities do you see emerging from their convergence?
Gaming, unlike DeFi where institutional players who can provide large liquidity are often key, depends on a large set of active players. This requires the ability to iterate fast based on user feedback (most games have to be updated every week to stay relevant) and active communication with the community. Members of our team have many years of experience building core blockchain protocols and are fans of gaming as well, so a lot of it has been merging those two passions.
Q: Community engagement is vital for the success of any gaming project. How do you cultivate and support a thriving community around your gaming projects, and what strategies have you found to be most effective in fostering long-term player engagement?
Transparency in the building process is key. People understand that web3 games have some complexity to them (especially if the full game is decentralized), but a lot of people are very excited about the technology so transparency on technical progress is a lot more important than in web2. Additionally, if a game is fully decentralized, it means that at the end of the day, the community is the one that decides the tokenomics and so having the community provide feedback and brainstorm on tokenomic ideas helps make everyone feel they are part of the building process.
Q: What unique opportunities do Web3 games offer to both players and developers? Can you tell us more about the potential benefits of Web3 games for players in terms of ownership and monetization?
Beyond the ability to trade in-game assets, it also empowers players to have more of a voice in the direction of the game, and it allows developers to start making contributions to the game and be financially rewarded for it even if they are not part of the initial team. Most web2 games that have tried to be open-source games eventually fall flat due to the natural centralization around a core team that has to manage the servers, triage the issues, process FITA payments, and more, and we believe web3 games can allow open sources games to thrive where web2 games have failed.
Q: Do you think there is a need for a connection between Web3 games and other new technologies such as virtual reality (VR) and augmented reality (AR)? Can their integration improve these technologies?
Although I do not think they are required, I think the integration is a desirable end goal. I think one of the types of games that people resonate the most with when it comes to whether or not they should be decentralized is games that have social interactions at their core. For example, if future human interactions happen in the metaverse, I think it would not be ideal if it all happened in a centralized environment such as Meta’s metaverse called “Horizon Worlds”, and we would be better served by a decentralized platform.
Q: Web3 technologies are constantly expanding their capabilities. One of the most secure and convenient authorization methods is Web3 authentication. It is used not only in web3 games but also by some of the leading cryptocurrency companies such as OKX, WhiteBIT, Bybit, etc. What are the main advantages of Web3 authentication for compatibility and cross-platform integration between different gaming platforms and Web3 services?
Many startups have tried to leverage web2 authentication as the root of trust for creating crypto wallets (especially in gaming). Although this works to a certain extent, it often causes cascading composability issues. For example, if the provider for creating wallets from an email used by the game is different from one used by an NFT marketplace, then the two platforms may generate different web3 wallets from the same web2 account, leading to user confusion and frustration.
I think we have already seen the potential of web3 authentication services, and I’m excited by many people working on everything from core protocol changes to blockchains like Ethereum to new products that help improve the user experience, lower costs and improve interoperability.
Q: Looking ahead, what do you think will be the most significant trends or achievements in the field of web3 games in the future?
I think ZK is the current main trend for gaming, with many projects realizing that gaming is currently one of the main drivers of interest in many ZK platforms, such as Starknet and Mina. ZK enables not only easier proving of the game state but also helps move a lot of the calculation into the user’s local machine, which helps a lot with scalability when it comes to the large player counts that games have to support.
Q: Finally, what advice would you give to aspiring entrepreneurs and developers looking to enter the web3 gaming space, based on your own experiences as a co-founder of both projects?
Right now in the decentralized gaming space, a lot of teams are still focusing on iterating on proof-of-concepts and hackathons. It’s a great time to get involved even if you don’t want to commit to making it a career choice, and still has a lot of room for commercial projects to come in as early adoptions.
#Interview
Discover the future of digital autonomy with XYO Network as CEO Arie Trouw shares profound insights on how XYO is reshaping the landscape of data sovereignty. #XYO #Interview https://blockchainreporter.net/the-xyo-advantage-ceo-arie-trouw-shares-insights-on-redefining-data-sovereignty/
Discover the future of digital autonomy with XYO Network as CEO Arie Trouw shares profound insights on how XYO is reshaping the landscape of data sovereignty.

#XYO #Interview

https://blockchainreporter.net/the-xyo-advantage-ceo-arie-trouw-shares-insights-on-redefining-data-sovereignty/
Explore the future of blockchain innovation in an exclusive interview with Ram Ramachandran, CEO of Router Protocol. Join the conversation now! #Router #Interview #ROUTE https://blockchainreporter.net/bridging-the-blockchain-divide-a-conversation-with-ram-ramachandran-ceo-of-router-protocol/
Explore the future of blockchain innovation in an exclusive interview with Ram Ramachandran, CEO of Router Protocol. Join the conversation now!

#Router #Interview #ROUTE

https://blockchainreporter.net/bridging-the-blockchain-divide-a-conversation-with-ram-ramachandran-ceo-of-router-protocol/
Interview with Ziv4 Technology CEO, who closed a pre-seed round with a valuation of 1 million euros.We recently had the opportunity to have chat with the CEO of Ziv4 Technology, a promising startup that has successfully secured a pre-seed funding round with animpressive 1 million euros valuation. In this exclusive interview, we delve into the journey of Ziv4 Technology, its vision, and the insights shared by its CEO Ahmet Yasin Acar.Can you describe the starting point of Ziv4 Technology's journey in the financial technology sector?Ziv4 Technology, founded in Estonia in January 2023, is an artificial intelligence and algorithm company focused on developing innovative technologies that provide advantages to amateur and semi-professional investors in financial markets. With a pre-seed investment of 65,000 euros at a valuation of 1 million euros, our goal is to increase the impact of artificial intelligence by offering accessible financial technology products for everyone.Can you provide information about Ziv4 Technology's product portfolio?Our company's product portfolio includes Algo-trade for cryptocurrencies, correlation bots, artificial intelligence-supported news analysis and automated trading. These products are currently integrated with exchanges such as Binance and Gate, and we continue to increase the number of exchanges they integrate with.Could you share details about the participants in Ziv4 Technology's investment round?Ziv4 Technology's investment round saw the participation of several well-known figures from Turkey and Azerbaijan. Led by Tamer Capital CEO Kemal Tamer, the tour included experienced individuals in the industry such as Melisa İtmeç, the Coordinator of EGIAD Angels Investment Network, Celil Öztürk, the Manager of the Global Cryptocurrency Exchange, and Tamerlan Bayramlı, the CEO of Plato Capital.How do the co-founders of Ziv4 Technology evaluate their post-investment goals?As co-founders of Ziv4, our goal is to complete our products and further enhance the power of artificial intelligence. Our aim is to make technology accessible to everyone and create a democratic financial market environment.Can you provide more information about Ziv4 Technology's products?Z-Wallet, Z-Trade, Z-Algo, Z-Correlation, and Z-News?Ziv4 Technology's products are as follows:Z-Wallet: Allows you to track all your assets on 13 different cryptocurrency exchanges from a single screen in real-time.Z-Trade: Enables changing exchanges in less than a second without leaving the trade screen. It also provides shortcuts to use the behavioral patterns of semi-professional and professional traders.Z-Algo: Opens the door to effortless profitable buy-sell transactions 24/7 with its algorithmic trading infrastructure.Z-Correlation: Enables fast and automatic trading in correlated trading pairs.Z-News: Through the AI-supported news trading system, it allows you to open automatically correct-direction trades a few seconds after significant news hits the market, both in futures and spot markets.Can we get information about the recently listed ZIV4 Token?Certainly, as of December 5, 2023, our token listed on a Tier 3 exchange based in Dubai. ZIV4 Token will serve as the currency for the entire Ziv4 ecosystem. This listing, which we describe as an early birth, presents significant opportunities for those who can predict where the process can go well along with the development of applications. We want to emphasize that 'Ziv4 Tech is not a token company but a company with a token.' Therefore, with a research and development company vision, we anticipate sustainable movements for the medium to long term rather than short-term price movements.Thank you for the answers, can we get a few sentences about Ziv4 Tech's future vision?Of course, Ziv4 Technology's future vision is to create more added value in financial markets and establish a democratic financial market environment. Sometimes, when we mention this, it is not fully understood. A democratic market environment means reducing and eliminating the injustices and irregularities witnessed in the current system. Typically, the most affected group is newcomers to the market—enthusiastic individuals who have not yet received proper education. We aim to minimize these grievances, make the sector equal and accessible to everyone by providing applications where they can make profitable trades with minimal effort, and prevent unjust gains.#ZIV4 #BTC #Ziv4Technology #Ziv4Tech #Interview

Interview with Ziv4 Technology CEO, who closed a pre-seed round with a valuation of 1 million euros.

We recently had the opportunity to have chat with the CEO of Ziv4 Technology, a promising startup that has successfully secured a pre-seed funding round with animpressive 1 million euros valuation. In this exclusive interview, we delve into the journey of Ziv4 Technology, its vision, and the insights shared by its CEO Ahmet Yasin Acar.Can you describe the starting point of Ziv4 Technology's journey in the financial technology sector?Ziv4 Technology, founded in Estonia in January 2023, is an artificial intelligence and algorithm company focused on developing innovative technologies that provide advantages to amateur and semi-professional investors in financial markets. With a pre-seed investment of 65,000 euros at a valuation of 1 million euros, our goal is to increase the impact of artificial intelligence by offering accessible financial technology products for everyone.Can you provide information about Ziv4 Technology's product portfolio?Our company's product portfolio includes Algo-trade for cryptocurrencies, correlation bots, artificial intelligence-supported news analysis and automated trading. These products are currently integrated with exchanges such as Binance and Gate, and we continue to increase the number of exchanges they integrate with.Could you share details about the participants in Ziv4 Technology's investment round?Ziv4 Technology's investment round saw the participation of several well-known figures from Turkey and Azerbaijan. Led by Tamer Capital CEO Kemal Tamer, the tour included experienced individuals in the industry such as Melisa İtmeç, the Coordinator of EGIAD Angels Investment Network, Celil Öztürk, the Manager of the Global Cryptocurrency Exchange, and Tamerlan Bayramlı, the CEO of Plato Capital.How do the co-founders of Ziv4 Technology evaluate their post-investment goals?As co-founders of Ziv4, our goal is to complete our products and further enhance the power of artificial intelligence. Our aim is to make technology accessible to everyone and create a democratic financial market environment.Can you provide more information about Ziv4 Technology's products?Z-Wallet, Z-Trade, Z-Algo, Z-Correlation, and Z-News?Ziv4 Technology's products are as follows:Z-Wallet: Allows you to track all your assets on 13 different cryptocurrency exchanges from a single screen in real-time.Z-Trade: Enables changing exchanges in less than a second without leaving the trade screen. It also provides shortcuts to use the behavioral patterns of semi-professional and professional traders.Z-Algo: Opens the door to effortless profitable buy-sell transactions 24/7 with its algorithmic trading infrastructure.Z-Correlation: Enables fast and automatic trading in correlated trading pairs.Z-News: Through the AI-supported news trading system, it allows you to open automatically correct-direction trades a few seconds after significant news hits the market, both in futures and spot markets.Can we get information about the recently listed ZIV4 Token?Certainly, as of December 5, 2023, our token listed on a Tier 3 exchange based in Dubai. ZIV4 Token will serve as the currency for the entire Ziv4 ecosystem. This listing, which we describe as an early birth, presents significant opportunities for those who can predict where the process can go well along with the development of applications. We want to emphasize that 'Ziv4 Tech is not a token company but a company with a token.' Therefore, with a research and development company vision, we anticipate sustainable movements for the medium to long term rather than short-term price movements.Thank you for the answers, can we get a few sentences about Ziv4 Tech's future vision?Of course, Ziv4 Technology's future vision is to create more added value in financial markets and establish a democratic financial market environment. Sometimes, when we mention this, it is not fully understood. A democratic market environment means reducing and eliminating the injustices and irregularities witnessed in the current system. Typically, the most affected group is newcomers to the market—enthusiastic individuals who have not yet received proper education. We aim to minimize these grievances, make the sector equal and accessible to everyone by providing applications where they can make profitable trades with minimal effort, and prevent unjust gains.#ZIV4 #BTC #Ziv4Technology #Ziv4Tech #Interview
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