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0 – Introduction Web3 extends human rights into the digital realm. Web3 users are empowered with the Right to Digital Privacy, Property and Inclusion. Digital privacy is about users controlling their own application data, digital property about the ability to own and custody scarce digital assets, and digital inclusion about guaranteed access to the digital economy and society with permisionless internet services.  And this is all without the trust in, or permission from, central authorities Read more…

Introduction: What is the Metaverse Billions of people interact in digital spaces daily, whether it’s checking social media, sending a work email, or playing video games. In fact, over 80% of the world’s population (6.5+ billion people) own a smartphone, which pushes access to digital experiences even deeper into our everyday lives. Thus, the “metaverse” is already here to some extent. Indeed, the metaverse can be thought of as an extension of the mobile internet, Read more…

Introduction Let’s analyze what social media is based on first principles. Users choose a username. Then they start following other social media accounts to populate their feed with the posts of friends, family, and creators. Overtime, users interact with these posts by liking, commenting, and resharing. And, finally, users make posts of their own that might just be plain text, but could also contain rich media like photos, videos, and other documents. source The key Read more…

Introduction Think of all the internet applications you use. You might use several messaging apps like Telegram and Discord, several work apps like Notion and Google Docs, several social apps like Twitter and Instagram, and several media apps like YouTube and Netflix. And you have a separate identity for each of these applications. You must sign-in to each in order to access your profile and application data like message history, work documents, social connections, and Read more…

Problems with Centralized Storage Storage is costly on blockchains, which makes it economically infeasible to store most NFT media on the blockchain itself. Instead, NFTs typically point to a media file that is hosted somewhere else; however, problems arise if the NFT’s media file is hosted on centralized storage like a web server or cloud drive. This defeats the purpose of a decentralized digital asset because whoever controls the server can alter the media that Read more…