The Future starts Tomorrow – Everything about NFT, Metaverse and Web3

The Future starts Tomorrow – Everything about NFT, Metaverse and Web3

NFTs (Non-Fungible Tokens) are unique digital assets that use blockchain technology to prove their ownership and authenticity. NFTs can represent a wide range of digital content such as images, videos, audio files, virtual real estate, and more. They cannot be duplicated or divided, as each NFT is unique and represents a one-of-a-kind item.

The metaverse refers to a virtual universe or a collective space where users can interact with each other and with virtual objects, often in the form of computer-generated graphics and simulations. The metaverse is often seen as a decentralized and immersive alternative to the traditional internet, and NFTs play a crucial role in representing and transferring ownership of virtual assets within it.

Web3 refers to the next generation of the internet, where users have more control over their data and online identity. Web3 technologies, such as blockchain, aim to create a more decentralized, secure, and user-centric internet, where users can interact and transact without intermediaries. The metaverse is often seen as a crucial component of the web3 vision, as it provides a space for users to interact and transact using Web3 technologies.

I have mentioned the following during the event:

In 2023, there are several financial trends and challenges that people should pay attention to:

Interest rates: Interest rates are likely to remain low, which could have an impact on investments and the housing market. Defi could come back in the later part of the year as a form of hedge to the high interest rate.

Inflation: With the ongoing global economic recovery and increasing demand for goods and services, there is the potential for inflation to rise, which could affect the purchasing power of consumers.

Digital currencies: Digital currencies, such as Bitcoin and Ethereum, are likely to continue to gain popularity, and they may pose both risks and opportunities for investors. It’s important to understand the technology and the market before investing thoroughly. On the one hand, cryptocurrencies are often seen as a hedge against inflation, as they are decentralized and not controlled by a central authority. In times of high inflation, some investors may see cryptocurrencies as a safe haven for their wealth, which can drive up demand and increase the value of cryptocurrencies.

Environmental, Social, and Governance (ESG) Investing: ESG investing is becoming increasingly popular as people become more conscious of the impact their investments are having on the environment and society. This trend is likely to continue in 2023, and there will be opportunities for investors to put their money into companies that align with their values. We may see “green bitcoins” as a popular thing, or crypto with renewable/ alternative properties would be popular.

Emerging markets: Emerging markets eg Kenya, for example. are likely to present significant investment opportunities in 2023, particularly in areas such as technology, infrastructure, and consumer goods. I see gaming and the metaverse a big thing in emerging markets.

It’s important to keep in mind that these trends and challenges are subject to change based on global economic and political events, and it’s essential to consult with a financial advisor and thoroughly conduct research before making any investment decisions.

More insights can be found on the recording.

 

This event was organise on 4th Feb. 2023 21:00pm SGT (17:00pm Dubai Local Time)

Hosted by:

Tomorrow Conference (https://twitter.com/tmrwconf) and
Blockcast.cc (https://twitter.com/Blockcastcc)

Co-Host:

Bybit NFT (https://twitter.com/Bybit_NFT)
Bybit Web 3(https://twitter.com/Bybit_Web3)
Bybit MENA (https://twitter.com/BybitArabic)

Moderator:
Scott Tripp, Marketing Lead of Blockcast.cc

Guests:

Sam Aly, Country manager of Bybit MENA Region
Zoran Tadic, Program director of TMRW Conference
Martina Andjelkovic, Head of marketing of TMRW Conference
Jenny Zheng, BD Lead of Bybit web3
Dr. Ran, ETHF Core Member
Anndy Lian, Book Author of NFT: From Zero to Hero

 

 

To conclude, NFTs, metaverse, and web3 are interconnected concepts that together represent a vision for a decentralized, immersive, and user-centric digital world where ownership, authenticity, and interaction can be managed in new ways.

Listen to the event on Spotify: https://open.spotify.com/episode/7IeL6eHqNaruFjD1RPbUlJ

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Web4, a vision of an intelligent, decentralised web

Web4, a vision of an intelligent, decentralised web

AI and the Symbiotic Web are key technologies that will drive the development of Web4, the next generation of the World Wide Web

Web4, also known as Web 4.0, is a term used to describe the next generation of the World Wide Web. It is a vision of an intelligent, decentralised web that is more secure, private, and equitable than the current web.

Web4 is built on the following key principles:

  • Decentralisation: power and decision-making are distributed among multiple participants rather than being centralised with a few large tech companies.
  • Interoperability: devices and services can work together seamlessly, regardless of their underlying technology.
  • Self-sovereignty: users have control over their data and identities and are able to use them across different services without the need for a central authority.
  • Privacy: users’ data is protected and kept private, rather than being collected and sold by companies.
  • Transparency: users are aware of how their data is being used and have the ability to control it.

Web4 aims to provide a more secure and private web, where users have more control over their data and how it’s used. It also aims to create a more equitable web, where access to information and services is not limited by wealth or location.

Web4 is still a concept, and many experts believe that it is still in the development stage. Some of the technologies that are being developed to make Web4 a reality include blockchain, peer-to-peer networks, and decentralised AI.

The Symbiotic Web

The Symbiotic Web is a concept that envisions a decentralised and distributed web where users have more control over their data and privacy. The idea is to create a web where users can share their data with other users or services in a secure and mutually beneficial way rather than having their data controlled by a central authority.

The Symbiotic Web is based on the idea of a web of relationships between users, devices, and services, where each participant has their own autonomy and agency. The goal of the Symbiotic Web is to create a web that is more resilient, secure, and fair for everyone by giving users more control over their data and how it is used.

The Symbiotic Web is built on several key principles, including:

  • Decentralisation: power and decision-making are distributed among multiple participants
  • Interoperability: devices and services can work together seamlessly
  • Self-sovereignty: users have control over their data and identities
  • Privacy: users’ data is protected and kept private
  • Transparency: users are aware of how their data is being used

AI and the Symbiotic Web

To me, Web4 and the Symbiotic Web are relatively new concepts, and they are closely interlinked in many ways.

The Symbiotic Web is a concept that envisions a decentralised and distributed web where users have more control over their data and privacy. The idea is that users can share their data with other users or services on the web in a secure and mutually beneficial way.

Artificial intelligence (AI) can play a role in achieving decentralisation in the Symbiotic Web by allowing for more sophisticated and decentralised decision-making. For example, AI algorithms can be used to analyse and make decisions on data shared by multiple users in a decentralised network without the need for a central authority.

One way that AI and the Symbiotic Web can work together is through the use of decentralised AI models. These models are trained on decentralised data and can be shared and used by multiple users in the network. This allows for more accurate and personalised AI services while also maintaining user privacy and control over their data.

Another way is through the use of decentralised AI protocols. These protocols allow users to share and collaborate on AI models and data in a decentralised network without the need for a central authority. This can lead to more accurate and robust AI models, as well as more equitable access to AI services for all users.

Final thoughts

AI and the Symbiotic Web are considered to be key technologies that are driving the development of Web4, the next generation of the World Wide Web.

AI has the potential to enable more sophisticated and decentralised decision-making on the Symbiotic Web by allowing for the analysis of data shared by multiple users in a decentralised network without the need for a central authority. This can lead to more accurate and personalised services while also maintaining user privacy and control over their data.

 

Source: https://e27.co/web4-a-vision-of-an-intelligent-decentralised-web-20230130/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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What Is Web4? Is It Centralized or Decentralized?

What Is Web4? Is It Centralized or Decentralized?

Web4 is a term that is used to refer to the next generation of the internet. It is also known as the “more” decentralized web. Web4 aims to create a more decentralized and distributed internet that is controlled by its users rather than centralized organizations or corporations.

Web4 is characterized by its decentralized nature, which aims to distribute power and control among users, rather than concentrating it in a small group of companies or organizations. This is achieved through the use of technologies such as blockchain and peer-to-peer networks.

Web4 aims to provide increased security and privacy for users, censorship resistance, interoperability, new business models and economic opportunities, increased scalability, and improved accessibility.

Web4 is also associated with the growing field of AI, which has the potential to complement the decentralized nature of Web4 in various ways such as decentralized AI, Federated Learning, Privacy-Preserving AI, Blockchain-based AI, and AI-driven scalability.

 

Why Is Web3 Less Decentralized?

It is worth noting that Web3 is still in its early stages of development, and it is not yet fully decentralized. There are still challenges and limitations that need to be overcome before Web3 can truly be considered a decentralized version of the internet.

Some of the reasons why Web3 is not fully decentralized include:

  1. Centralized infrastructure: While blockchain networks are decentralized, the infrastructure that supports them, such as servers, data centers, and internet service providers, are still centralized.

  2. Limited scalability: Blockchain networks currently face scalability issues, which limits the number of transactions that can be processed on the network.

  3. Limited user adoption: The majority of internet users are still not using decentralized applications, which means that the network is not yet fully decentralized.

  4. Limited Interoperability: Current Web3 platforms and applications are not yet fully interoperable, which limits their ability to communicate with each other and with the existing web.

  5. Limited privacy and security: Some of the current Web3 applications and platforms do not yet provide the same level of security and privacy as centralized platforms.

 

Why Is Web4 More Decentralized?

Web4 is more decentralized because it aims to distribute power and control among users, rather than concentrating it on a small group of companies or organizations. This is achieved through the use of technologies such as blockchain and peer-to-peer networks.

Blockchain technology, which is a decentralized and distributed digital ledger, can be used to create decentralized platforms and applications that are controlled by their users rather than centralized organizations.

This allows for more transparency and security in the handling of data, and can also enable new business models such as decentralized marketplaces.

Peer-to-peer networks, which allow for direct connections between users rather than relying on centralized servers, can also contribute to the decentralization of the internet.

This can enable new forms of content sharing, collaboration, and communication that are not controlled by a centralized organization.

Additionally, Web4 aims to provide increased security and privacy for users, censorship resistance, interoperability, new business models and economic opportunities, increased scalability, and improved accessibility, which all contribute to a more decentralized web.

 

Web4 Is More Decentralized Than WEB3 in Several Ways:

  1. Decentralized infrastructure: Web4 aims to use decentralized technologies such as blockchain, peer-to-peer networks, and other decentralized infrastructures to create a more distributed and resilient internet. This allows for more control and ownership of data by the users and less dependence on centralized servers and organizations.

  2. Decentralized applications: Web4 also aims to create decentralized applications (dApps) that run on decentralized infrastructure, which eliminates the need for intermediaries and centralized organizations to control and manage the applications.

  3. Decentralized governance: Web4 is more focused on decentralized governance models where the users have more control over the decision-making process of the network, rather than relying on centralized organizations to govern the network.

  4. Decentralized economy: Web4 aims to create a decentralized economy where the users can own and control their data, and participate in decentralized marketplaces and other economic activities.

  5. Interoperability: Web4 aims to create a more interoperable internet, where different systems and applications can easily communicate with each other without the need for centralized intermediaries.

Web3 refers to the development of decentralized applications (dApps) that run on blockchain networks, which allows for more control and ownership of data by the users.

However, Web4 builds upon the foundation of Web3 and aims to create a more decentralized and distributed internet that is controlled by its users, and not just limited to decentralized applications.

 

Source: https://hackernoon.com/what-is-web4-is-it-centralized-or-decentralized

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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