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Writer's pictureGordon aka Crypto1770

Prepare Yourself for ....

These are historical times. Ethereum is about to get very very real and experience exponential growth at a pace unlike that seen by any technology before it !!!

Web 3.0 is on its way and coming at you like a freight train. The Digital Playhouse is here to help you get prepared!


Join The Ethereum Network Masterclass


When: Wednesday 18 August 10 - 12 noon

Where: The Digital Playhouse

Cost: $66



Steps to take before CLASS


The Digital Playhouse offer open student centric learning.


Class is an open forum for discussion, Q & A style where you get to be the teacher and the student


Your pre class activities are all here


  1. Read

  2. Open a Crypto Exchange Account

  3. Download the Brave Browser and MetaMask Wallet

  4. Explore the DAPPS

  5. Discover the Ethereum community

  6. Be Player Ready Wednesday


READ


Origin of the term Web 3.0


Its Hard to believe that Web 3.0 was originally coined the Semantic Web by Tim Berners-Lee, the Web’s original inventor.




A period of exponential change has arrived


Decentralized Autonomous Networks


Web 3 offers open, trustless and permissionless networks

  • ‘Open’ in that they are built from open source software built by an open and accessible community of developers and executed in full view of the world.

  • ‘Trustless’ in that the network itself allows participants to interact publicly or privately without a trusted third party.

  • ‘Permissionless’ in that anyone, both users and suppliers, can participate without authorisation from a governing body.


Why Web 3.0?


Web 3.0 enables a future where distributed users and machines are able to interact with data, value and other counterparties via a substrate of peer-to-peer networks without the need for third parties. The result: a composable human-centric & privacy preserving computing fabric for the next wave of the web. This goes beyond Cryptocurrencies. (1)


Ref (1) Fabric Ventures


Prepare


Steps to take before CLASS


Open a Crypto Exchange Account


You will need to complete KYC and AML compliance - just like opening a bank account

  1. Have copies of your ID - License - Passport

  2. A recent utility bill to prove your address

  3. Get the Google the 2FA authenticator APP

Choosing the right Exchange for you?


Start with an Australian Regulated Crypto Exchange Account.


Here are some options to explore


Option 1 - Easy to Use



Goto Coinstop here - Simple to use but highest fees



Option 2 - Great Features - Easy - Business Grade (My Favorite)


Goto Swiftx here- Brisbane Based - Business grade - moderate fees



Option 3 - Novice to Professional Trader


Goto Binance AU here- The largest Global Crypto Exchange - lowest fees



Storing your Digital Assets offline


Research cold wallet storage at Coinstop here


Coinstop is Australia's leading cold storage hardware wallet provider, and an authorized reseller of Ledger Nano S, Ledger Nano X, Trezor, andf other cold storage wallets plus steel private key storage holders.


Buying off Ebay is not recommended regardless of the price.


Never Never EVER buy a second hand cold storage device or purchase one from a non authorized dealer





Take back your privacy on the internet and earn


Download Brave Browser

A privacy focused, performance oriented web browser

Get paid to view in $BAT tokens


Interact with DAPPs on the Ethereum Internet

Install MetaMask wallet to your Brave Browser

MetaMask is A crypto wallet & gateway to blockchain apps


Explore some Ethereum Dapps





See inside the network with Etherscan



The Ethereum Community


Ethereum is the community-run technology powering the cryptocurrency, ether (ETH) and thousands of decentralized applications.




The ETH price Chart



Start your Education Here


What is DEFI - the Future of Finance



DAO - No Central Control



Stable Coins - Doing Business over the Ethereum Network



DAPPS



ETH Domains


Buy once - own forever - trade as you like


Launch censorship-resistant decentralised websites with ENS. Upload your website to IPFS and access it with your ENS name.




NFTs


Invest in culture. Buy, trade, and sell unique digital artwork and fashion from some incredible artists, musicians, and brands.



What is a DEX?




Lending and Borrowing on ETH



Going Private on ETH



Insurance


A people-powered alternative to insurance - Get covered against smart contract failure & exchange hacks.



Enter the Metaverse


Decentraland - Virtual Land and World - Events - Galleries - Business



Play to Earn


Axie - The game taking the world by Storm



Gods Unchained - Card Swap Australian Born



Up and coming the next big game - Australian Born



Looking to Build and need funding


Uniswap have over $3 billion available for builders



Democratic public goods funding for the 21st century



Note


The Ethereum masterclass is for educational purposes only. No investment advice is being provided.


Decentralized Cryptocurrency Networks can be high risk and volatile as investments and may not comply with regulatory controls.


DAPPS many be centralized and your funds could be lost at any time in a RUG PULL.


We do not endorse any of the projects noted but are rather sharing our learning and user experience.


Do your own homework and seek your own advice.


Your Public Address is Anonymous but not private


Ethereum is a public Blockchain and records of your transactions and interactions with the network are public


Safety First Always - You are your own Bank


The saying goes - Not your Keys Not your Crypto


Warning: Never - Never - Ever provide ANY third party your private keys or seed words or you could be robbed of your digital assets.


References: Fabric Ventures https://medium.com/fabric-ventures/what-is-web-3-0-why-it-matters-934eb07f3d2b


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