You are reading the article This Creator Is Building An Entire Web3 Ecosystem Around Coffee And Literature updated in December 2023 on the website Tai-facebook.edu.vn. We hope that the information we have shared is helpful to you. If you find the content interesting and meaningful, please share it with your friends and continue to follow and support us for the latest updates. Suggested January 2024 This Creator Is Building An Entire Web3 Ecosystem Around Coffee And Literature
In 2023, NFTs no longer revolve around the simple dualities of art and money. Although it’s true that artists and collectors continue to lead the space, both making and losing millions on a regular basis, the nonfungible ecosystem has changed.
Birthed as a niche internet microcosm, the NFT market has since become a multi-billion-dollar industry. And this market has grown far beyond the constraints of an “NFT” blanket term. Within this industry now lives a wide variety of subsections that continue to gain prominence as the months go by.
More recently, we’ve witnessed a diverse range of content creators and owners finding new avenues through which to monetize their intellectual property (IP) in ways we’ve never seen before. One multifaceted artist, Metasebia Yoseph, is providing a shining example of how Web2 content can be reinvigorated as a dynamic Web3 endeavor by rewriting the history of her book, A Culture of Coffee, on the blockchain.
A digital version of A Culture of CoffeeA Culture of Coffee on the blockchain
In 2013, Ethiopian-American author Metasebia Yoseph set off on a journey to educate culture enthusiasts and coffee drinkers alike about the ritualistic and time-honored tradition behind the world’s favorite caffeinated beverage. Through her book A Culture of Coffee, she hoped to help readers rediscover the value of and the complex history behind the global coffee culture.
Nearly a decade later, Yoseph works in developing products and experiences at the intersection of art, design, culture, and technology. But while her personal and professional goals have changed, her deep love for coffee has stood the test of time. Now, with the major anniversary of her book on the horizon, she’s begun to reimagine what disseminating the rich history of coffee might look like in a new age.
And how do stories get told in a digitally-native, Web3-centric era? On the blockchain of course.
Yoseph’s journey is one of many within the literary ecosystem that has culminated with blockchain technology. Even recently we’ve seen writers aim to join the NFT space via digital merchandise, with prominent Web3 journalist Laura Shin kicking off a sort of digital book club powered by blockchain tech.
Nowadays, Yoseph is as much a part of the Web3 community as anyone, and as a writer looking to innovate in the space, it makes perfect sense for the 10-year anniversary edition of her book to find its way to the blockchain. But it isn’t only NFTs that we’re talking about, Yoseph is aiming to create an entire ecosystem surrounding both her book and coffee culture.
The roadmap for the Culture of Coffee Web3 project
To kick off this new endeavor, entitled Culture of Coffee, Yoseph intends to leverage blockchain tech to launch a crowdfunding campaign towards the end of May to help bring her vision to life. Alongside the initial crowdfund, she will also be releasing a $COFFEE token that will be gifted to early supporters. Once the wheels are turning, Yoseph will unveil an interactive book, token-enabled access to a virtual gallery featuring transmedia and 3D artifacts, in-person events and activations, and more in celebration of the special anniversary edition of A Culture of Coffee.
In preparation for the first stop on the path to Culture of Coffee, Yoseph launched a series of Twitter Spaces called #CoffeeSocial as well as a Discord server to unpack all things at the intersection of $COFFEE, culture, and crypto. Yet, while the information surrounding the multi-faceted project can at times feel dense, one thing has become clear: that for Yoseph, this latest endeavor is a labor of love and community above all else.
“The Web3 rise of micro and creator economies means that my vision for the project as an artful, dynamic, and community-owned crypto-artifact can be manifested to scale,” says Yoseph. “All of this, while compensating the collaborators and coffee enthusiasts invested in collecting and preserving coffee culture, while actively shaping its future.”
You're reading This Creator Is Building An Entire Web3 Ecosystem Around Coffee And Literature
This article was published as a part of the Data Science Blogathon
image source: AuthorThe Importance of Data Visualization
A huge amount of data is being generated every instant due to business activities in globalization. Companies are extracting useful information from such generated data to make important business decisions. Exploratory Data analysis can help them visualize the current market situation and forecast the likely future trends, understand what their customers say and expect from the product, improve the product by taking suitable measures, and more.
To achieve this, Data visualization is the solution i.e., to create a visually appealing representation of the data that tells an interesting story quickly yet is simple enough for all readers to understand.
One can use Pandas for the above-said data analysis in Python through its built-in plot functions. But wouldn’t it be great if you can interact with the chart through functions like zoom or hover to dig a little deeper into the data?Benefits of Interactive Plots and Dashboard using Bokeh
Interactive data visualization allows a user to instantly modify the elements on a graphical plot instead of changing the code in the background. Imagine you are interacting with a plot that shows a product price for a decade. Now, if there was a slider or a drop-down menu to select the prices for a particular year or a month, then you as a reader would have faster insights from the chart and that too quickly without editing the code. This is exactly what interactive plots offer.
With interactive plots, we can better understand the story behind the data. These plots allow us to zoom in on an interesting variation to spot trends and variations as well as find correlations and connections between variables. All this makes the data exploration process more meaningful.Introduction to Dashboards
Dashboards are visual tools that tell the story contained in the dataset and allow users to quickly understand the bigger picture. These are collections of different plots tied together in a grid-style layout as shown below and are a part of the story. So, we can say that dashboards are a common way to present valuable insights in a single place.
Image Source: AuthorLibraries for Interactive Plots
Currently, there are two popular Open-Source libraries for building interactive visualizations – Bokeh and Plotly. In this article, we will do a simple tutorial using Bokeh.
A single line of code is required for each interactive plot. I’ll demonstrate the functionality of the Pandas-Bokeh library and how we can use it to build a simple dashboard from the dataset.Building an interactive dashboard using Bokeh
Let’s start by installing the library first using pip from PyPI.pip install pandas_bokeh
Next, we import pandas and numpy libraries. Remember to import these before the pandas_bokeh library.import numpy as np import pandas as pd import pandas_bokeh
We also, need the following command to display the output charts in the notebook# Embedding plots in Jupyter/Colab Notebook pandas_bokeh.output_notebook()
To display the charts in a separate HTML, use this command-# for exporting plots as HTML pandas_bokeh.output_file(filename)
For this beginner-friendly tutorial, we are generating a simple random dataset using the NumPy library and using it to build the dashboard.
Let us assume that the dataset contains samples of measured values from 4 sensors over a period of 12 months and each value has a unique identification number & a category associated with it. This means there are a total of 6 features i.e., ‘id’, ‘month’, ‘sensor_1’, ‘sensor_2’, ‘sensor_3’, and ‘category’. For simplicity, we are considering only 15 samples or rows of data.
we will then print the shape and look at the top 5 rows of the dataset
Now we can plot the chart in a dashboard. For demonstration purposes, let us plot the following charts using the pandas_bokeh library-
Stacked Bar chart
Histogram# Plot1 - Line plot p_line= df_random.groupby(['month']).mean().plot_bokeh(kind="line",y="sensor_2",color='#d01c8b',plot_data_points=True,show_figure=False) # Plot2- Barplot p_bar = df_random.groupby(['month']).mean().plot_bokeh(kind="bar",colormap=colors,show_figure=False) # Plot3- stacked bar chart df_sensor=df_random.drop(['month'],axis=1) p_stack=df_sensor.groupby(['category']).mean().plot_bokeh(kind='barh', stacked=True,colormap=colors,show_figure=False) #Plot4- Scatterplot p_scatter = df_random.plot_bokeh(kind="scatter", x="month", y="sensor_2",category="category",colormap=colors,show_figure=False) #Plot5- Pie chart p_pie= df_random.groupby(['category']).mean().plot_bokeh.pie(y='sensor_1',colormap=colors,show_figure=False) #Plot6- Histogram p_hist=df_sensor.plot_bokeh(kind='hist', histogram_type="stacked",bins=6,colormap=colors, show_figure=False)
Running these commands will generate the plots but those will not be displayed as we have set ‘show_figure=False’. Since we want these charts to appear in the dashboard, we have used this option.
Next, we set up the grid layout for the dashboard using the ‘pandas_bokeh.plot_grid’ command. We plot the first three plots in the first row and the remaining three in the second row.#Make Dashboard with Grid Layout: pandas_bokeh.plot_grid([[p_line, p_bar,p_stack],[p_scatter, p_pie,p_hist]], plot_width=400)
The dashboard looks like this –
Image source: Author
All these plots are interactive and allow you to use hover and zoom functions as well as filter categories.Conclusion
The code for this tutorial is available on my GitHub repository and the notebook for this can be accessed on my Kaggle profile.Author Bio:
Devashree has an chúng tôi degree in Information Technology from Germany and a Data Science background. As an Engineer, she enjoys working with numbers and uncovering hidden insights in diverse datasets from different sectors to build beautiful visualizations to try and solve interesting real-world machine learning problems.
In her spare time, she loves to cook, read & write, discover new Python-Machine Learning libraries or participate in coding competitions.
You can follow her on LinkedIn, GitHub, Kaggle, Medium, Twitter.
The media shown in this article on Interactive Dashboard using Bokeh are not owned by Analytics Vidhya and are used at the Author’s discretion.
Much ink has been spilt about Apple’s industrial design skills and the polarizing look and feel of its unapologetically sexy gadgets. Jonathan Zufi’s photographic shrine of Apple’s design work is taking it all to the next level. The 42-year-old Australian native has managed to put together a massive 326-page coffee table sized book containing detailed photographs he’s meticulously taken over the years.
It showcases Apple products and their packaging from the designer’s point of view, unlike any Apple book you’ve ever held in your hands. This has got to be the most original and detailed tribute to Apple’s design prowess I have seen to date, check it out right past the fold…
Aptly titled Iconic: A Photographic Tribute to Apple Innovation, the book focuses on beautiful photographs and precise typography which somewhat resembles Jony Ive’s iOS 7 work. It actually owes its concept to the Shrine of Apple website that Zufi created a few years ago as a place to post photos of Apple’s product.
Here’s a short video about Iconic.
Drawing from the website’s 3,500+ photos and an astounding 150,000 product shots the author himself has meticulously taken in his photographic studio in Atlanta, the mouth-watering book offers a uniquely detailed insight into “the progression of more than three decades of product design that has made Apple the brand it is today”.
The 12-by-9.625-inch book features over 650 products, each personally bought and paid for by Zufi out of his own pockets. This “photographic shrine” is divided into six chapters: Desktops, Portables, Peripherals, iDevices, Prototypes and Packaging.
The foreword was penned by no other than Apple co-founder Steve Wozniak and famed Apple blogger Jim Dalrymple. Each chapter begins with an introduction by a different luminary “who has been a part of the Apple community”, such as ZDNet columnist Kenneth Hess, Apple employee #12 Daniel Kottke, Belkin CEO Chet Pipkin and others.
For instance, an introduction to a chapter on desktops features a circuit board from the original Apple computer, the Apple I, and Daniel Kottke’s words describing it as “primitive as the Model T” compared to today’s electronics.
Betsy McKay at the Wall Street Journal explains Zufi intentionally captured stunning color photography of each Apple product set against the same type of futuristic white backdrop used on the Apple website and seen in Apple Stores.
He also went to absurd lengths to document rare Apple product prototypes:
Mr. Zufi met with collectors around the country, loading dusty collections of valuable prototypes into rental cars and photographing them, sometimes in makeshift studios in hotel rooms.
Zufi, who has never worked for Apple Inc, has since emptied the storage unit and sold most of the items he bought, though he still keeps “an enormous monitor in his garage” along with a dozen other items.
I wanted to create a repository where people who also love the company and its products could go and reminisce. I want people who are a bit younger who think Apple just makes things that start with “i” to know this company used to make clunky printers.
The Smyth sewn-bound Iconic is printed on the exquisite 105 lb. GoldEast matte paper.
The dust jacket is the 105 lb. art gloss material with film lamination while the endpapers are printed on 95 lb. white woodfree, plain white paper. Amazingly, the case materials used are “Slate Blue binding cloth (Classic Edition) and General Roll Leaf Lustrofoil ‘Silver S5’ (Special Edition).”
Check out the exquisite Special Edition, shipping in mid-October, in a video below.
The Special Edition comes with an external “custom form-fit book case with a design to celebrate the vintage computing retro form factor of the late ’70s and early ’80s”.
Zufi even created Ridgewood Publishing to self-publish Iconic.
You can order Iconic: The Classic Edition for $75.
The ultimate Special Edition masterpiece comes with a hefty price tag of $300, but something tells me the true Apple enthusiasts won’t think twice before ordering one of these.
I’m tempted as well.
blog / Coding What Does it Take to Become a .NET Developer? A Comprehensive Guide
Today, if you’re a software professional, understanding what is .Net developer it is important so that you can consider it as a career option. After all, .Net has become crucial to software development. How did it happen? Here’s how: The year is 2002. Microsoft has officially introduced the first version of the .Net framework, a remarkable moment in the history of software development. Since then, .Net has witnessed multiple upgrades and has been recognized as a robust platform for developing high-performance software for websites and applications.
According to the Stack Overflow Developer Survey, .Net was ranked as the most popular framework among developers in both 2023 and 2023. Now, let’s take a detailed look at what it’s like working as a .Net developer in today’s application-driven environment.What is .Net Developer?
A .Net developer is a software professional or an Information Technology (IT) expert who designs user-friendly and highly scalable web applications. They collaborate with web developers and computer scientists to develop refined software solutions aligned with a client or company’s business needs. These skilled programmers are proficient in Microsoft’s .Net framework and work with programming languages to develop end-to-end software products.Responsibilities and Tasks of a .Net Developer
A .Net developer is primarily responsible for designing, developing, and implementing intelligent software applications. In fact, they focus on various aspects of web development, mobile application development, Machine Learning (ML), Artificial Intelligence (AI), and cloud applications.
Here is a rundown of their day-to-day tasks:
Programming .Net applications and platforms
Identifying system requirements and designing functional software solutions
Modifying and re-writing code to improve efficacy
Integrating data storage systems to maintain code quality
Offering technical support for desktop, mobile, and web applications
The responsibilities of a .Net developer are likely to vary based on the industry, experience, job role, and location of the business.
ALSO READ: What Coding Language Should I Learn to Succeed in Life?What is the Required Skill Set for .Net?
A good .Net developer should possess a combination of relevant hard and soft skills to effectively carry out code processing and system design. These include:
Hands-on experience in the chúng tôi web application framework
Knowledge of web application lifecycle and development approaches
Cloud engineering expertise
Advanced database technology skills
Sound knowledge of automated testing platforms
The soft skills that .Net developers should have include analytical thinking, good communication, adaptability, teamwork, problem-solving, organizational mindset, and time management skills.Essential Tech Skills for .Net Developers
The .Net infrastructure features various tools, libraries, and frameworks that help broaden the scope of this beneficial software development platform. Further, it is important to learn about the key technical skills required to leverage the versatility of the .Net ecosystem.Expert in .Net Framework
A .Net developer must have a strong working knowledge of basic .Net languages like C#, F#, and chúng tôi to create fast and secure services, websites, and desktop applications on Windows. Moreover, they should also know how to access and operate class libraries like chúng tôi to develop scalable and secure applications with efficient controls.Expert in Front-End Framework
It is beneficial for .Net developers to gain hands-on experience with database systems, given how important it is to store and manage effectively today. Moreover, even though .Net is compatible with most databases, proficiency in at least one database system like SQL Server or Oracle is crucial for handling data.
By now, you will have developed a clear idea of what is .Net developer, their day-to-day responsibilities, and the skills needed to become a competent .Net developer. If you’re keen on building a career as a .Net Developer, it will help to know some common interview questions that most employers ask.
ALSO READ: The Top 10 Highest-Paying Programming Languages to Learn.Net Developer Interview Questions
The best way to start preparing for an interview for a .Net developer position is to get your basics right. Go over foundational concepts and learn about the key components of the .Net framework. To make your preparation easier, we have put together the 10 most commonly asked .Net interview questions.
How does the .Net framework function?
What are CTS and CLS in the .Net language?
Explain the difference between reference type and value type
What are the key differences between managed and unmanaged code in .Net?
Is chúng tôi any different from ASP? If yes, how so?
How does .Net differ from other development frameworks?
What do we mean by role-based security in .Net?
What is caching? What are its different types?
Define cross-page posting. How does it work?
What is the difference between an interface and an abstract class?
ALSO READ: Top 13 Full-Stack Developer Interview Questions and Answers to Prepare in 2023
To better understand what is .Net developer, let’s see how it differs from the role of a Java developer..Net Developer VS Java Developer
While both Java and .Net work on software applications, a Java developer works on multiple operating systems through its compilers, whereas .Net developers mainly work on the Windows operating system and its different versions.
Now that we know what a .Net developer’s role is compared to that of a Java developer, here’s a quick look at the career prospects of .Net development as a profession.Is .Net Developer a Good Career?
.Net is widely used across the world for its versatility and simplicity. Thus, despite being around for over 20 years, it still tops the list of the most-preferred frameworks to work with for most developers. moreover, the demand for skilled .Net developers is continuing to grow at a significant rate. In fact, according to the US Bureau of Labor and Statistics, the rate of employment for software developers is projected to grow by 25% from 2023 to 2030.
Given that .Net is a one-stop solution for developing web, desktop, mobile, gaming, websites, and ML applications, and can be integrated across multiple data management and operating systems. Thus, it makes it a great prospect for both beginners and experienced professionals in the field. Since .Net is being widely used for enterprise-level development, employment with large technology or technology-driven companies is a viable option for professionals.
What’s interesting is that while working with .Net frameworks, developers barely need to look at other stacks to get exposure to different platforms. The speed of development, tooling systems, support for multiple modern programming paradigms, and transformative impact on software development prove that .Net is here to stay. Now, check out the online coding courses at Emeritus and kickstart your career as a .Net developer.
By Neha Menon
Write to us at [email protected]
The top 10 Ethereum ecosystem projects and tokens for 2023 are compiled in this article
The second-largest cryptocurrency after Bitcoin is Ethereum, which is more than simply virtual currency. By creating a worldwide network that protects an ecosystem of decentralized apps (DApps) from decentralized finance (DeFi), NFTs, and more, Ethereum has expanded on the use cases of Bitcoin. Due to its decentralization in nature, Ethereum ecosystem projects and tokens are trending. This article gathers the top 10 Ethereum ecosystem projects and tokens in 2023.
1. MakerDAO– An Ethereum project called MakerDAO enables cryptocurrency lending and borrowing. By depositing Ethereum-based tokens like UNI, YFI, or BTC into the protocol, users can borrow money by forming a collateralized debt position for the amount they want to borrow. When it comes time to return, the loan amount must be in DAI stablecoins, and any interest must be paid in the governance and utility token MKR. MakerDAO processes loans in DAI stablecoins.
As of April 21, 2023, MakerDAO (DAI) has a price of US$1.44 and a market valuation of US$207,255,730.
2. 1INCH- The 1INCH native Ethereum token is used on the 1INCH decentralized exchange (DEX). By combining the best cryptocurrency exchange rates from all DEXs, the Ethereum-based DEX protocol seeks to provide its consumers with the best rates. Like other DEXs, 1inch enables direct token exchange between users.
As of 21 April 2023, the price of 1INCH (INCH) is US$0.5098, and its market cap is US$415,412,451.
3. Sandbox– The native token and means of exchange in the Sandbox ecosystem is The Sandbox SAND. Users can use SAND to monetize their gaming experiences by buying property, building in-game assets, or listing them on The Sandbox Marketplace. Additionally, SAND owners can stake SAND tokens to get in-game incentives and take part in governance choices.
As of 21 April 2023, The Sandbox (SAND) is valued at US$0.6123 and has a US$917,979,106 market cap.
4. Decentraland- Decentraland is a virtual reality real estate platform that enables users to build and charge for online experiences and buildings. On the Decentraland marketplace, creators can purchase virtual goods like LAND NFTs and avatars using the platform’s native token, MANA.
As of April 21, 2023, Decentraland (MANA) is worth US$0.5856 and has a US$1,100,391,969 market cap.
5. Chainlink- Chainlink is a decentralized network that safely converts information from the real world to blockchain-based smart contracts and back via Oracle software. LINK, the native token of Chainlink, can be used by users to pay for network services.
As of April 21, 2023, Chainlink (LINK) is worth US$7.47 and has a US$3,864,830,220 market capitalization.
6. Uniswap- The native governance token of Uniswap, an Ethereum-based decentralized cryptocurrency exchange, is called Uniswap UNI. On Uniswap, users can trade Ethereum tokens without relying on a third party to retain their money. The trading model used by the platform is a new one known as an automated liquidity protocol.
As of April 21, 2023, Uniswap (UNI) is worth US$5.75 and has a market cap of US$3,318,813,946.
7. Aave- On the Ethereum blockchain, there is a lending protocol called Aave. Lenders can receive rewards by adding different Ethereum-based assets to liquidity pools, while borrowers can put approved assets up as collateral for loans.
As of April 21, 2023, AAVE (AAVE) is worth US$72.04 and has a US$1,014,280,242 market cap.
8. Curve Finance- A DEX and automated market maker (AMM) platform called Curve Finance provides a quick and easy way to swap tokens while retaining minimal fees and slippage. Curve Finance, in contrast to other DEXs, is made particularly for trading stablecoins.
As of April 21, 2023, Curve Finance (CRV) has a market cap of US$745,637,473 and a price of US$0.96.
9. Chromia- Chromia is a blockchain platform that gives programmers the resources they need to combine relational databases with blockchain technology to build safe DApps. The Chromia ecosystem’s standard currency is called CHR, and users can use CHR to pay DApp costs.
As of April 21, 2023, Chromia (CHR) is worth US$0.162 and has a US$110,603,916 market cap.
10. Axie Infinity- On the Ethereum blockchain, there is a play-to-earn NFT game called Axie Infinity. Players can gather NFTs of the adorable creatures known as Axies and engage them in combat. AXS and SLP, the game’s native Ethereum-based currencies, can also be used by players to play and stake the tokens to earn rewards. AXS owners can take part in crucial Axie Universe votes for governance.
Depending on who you ask, blockchain gaming is either the next big thing in Web3 or a detestable trend that companies should avoid indulging.
The space is divided, and taking an objective temperature on the matter can be challenging. Minecraft banned NFTs from their iconic title, GameStop opened an NFT marketplace, the WAX blockchain has become a hub for Web3 gaming, and Axie Infinity is doing its best to bounce back from a comically painful $615-million hack that took place earlier this year. Even two of the most popular NFT-based games, Decentraland, and The Sandbox, struggle to break 1,000 active monthly users.
Regardless of how any person or organization feels about blockchain-based games, however, they’ll likely impact the industry’s future significantly. The changes NFTs will bring to the industry, in the long run, remain to be seen. But we can take some educated guesses.The future of blockchain gaming
To better understand the state of the blockchain gaming space, nft now spoke to Şekip Gökalp, the Core Strategist of the Web3 gaming startup Infinite Arcade. The startup produces a meta layer that introduces metaverse dynamics like NFT ownership into existing game titles, and they work with gaming studios to make their existing titles more profitable.
Gökalp is also the CEO and co-founder of the mobile games publishing platform Coda, which launched Infinite Arcade in February after dedicating nearly all of its resources to preparing for the future of blockchain gaming. The Coda platform has become so popular that it hosts over 15,000 mobile game developers.
“We started a soul search,” Gökalp said of the company’s recent pivot to blockchain gaming. “We tried to understand: what is our role in a very late-stage mobile gaming market where there is little room for disruption and innovation left?”
The answer? Honing in on Web3. Gökalp dabbled in Bitcoin in 2014 after being introduced to crypto by friends and later began investing in early-stage Web3 tech startups in 2023 after selling an ad tech company he had successfully built. In 2023, when Axie Infinity and The Sandbox made waves in the gaming space, he felt eager to get as close as possible. “At some point, I realized I was spending as much time exploring these games for fun as I was running a company,” Gökalp said. “That’s what led to Infinite Arcade.”
“Owning things that come out of a game you play has the biggest chance to make things mainstream in the long term.”
It’s telling that a highly successful free-to-play gaming platform essentially gutted its legacy business to dive into blockchain gaming. When asked if IA is betting on the future of that industry, Gökalp was blunt: “100 percent.”
It’s a staunchly pro-blockchain perspective to take in a field of wildly-varying opinions on the technology’s prospects in the gaming world. But Gökalp isn’t bothered by even the more vocally anti-blockchain naysayers out there, since he believes the disagreement is healthy and not unlike the world of crypto itself.
“There’s so much out there in both camps,” Gökalp reflected. “There is crazy tribalism of all sorts. Within crypto, there is no unity either. So, I find it healthy that people speak up and criticize things. But saying a specific technology is not good for A, B, or C use cases is a pretty blanket statement and very often just wrong.”
Gökalp believes the genie is out of the bottle with blockchain technology. It’s simply not possible for the tech to disappear entirely. Whether people like it or not, Web3 will have its place and use cases for games.Ownership, not P2E use cases, will drive mainstream adoption
Gökalp agrees with skeptics that developers of play-to-earn games need to focus more on “play” and less on “earn” if they want to attract users. The current focus on financialization use cases, he believes, is also likely a natural part of the evolution of Web3 in the gaming space.
“The fun core of a game is really what makes the game a game,” Gökalp emphasized. “But new possibilities with crypto — actual ownership of assets and tokens and all of this happening in real-time on-chain without anyone needing permission for that — that opened up a very obvious financialization use case for a lot of things. And I think it’s also fairly natural in hindsight. Maybe a few years from now, when we look at this early exploration phase where the money is emphasized, that will feel very normal.”
However, Gökalp emphasized that the studios making the best games are the ones who win in gaming markets. By definition, this means the best games are the ones that keep their players coming back.
“Social media is owned by companies that will only suffer from true decentralization. And they know it.”
“The financialization use cases are niche,” Gökalp said. “And it won’t be the mainstream use case. I think ownership will be mainstream. Owning things that come out of a game you play has the biggest chance to make things mainstream in the long term.”
Gökalp also mentions that, in speaking to game developers, VC funds, and investors in the last six months, it’s clear to him that the projects receiving support are not the ones that are focusing on that financial aspect. The games with fundamental Web3 principles at heart seem to be the most attractive in that regard.Web3 needs to face its technical problem
Like many in the Web3 space, Gökalp believes that the technical barrier that Web3 presents to the average person is one of the main things preventing its mainstream adoption, whether in gaming or any other space.
“People need a seamless, invisible, completely abstracted away kind of experience, whether they’re touching a blockchain indirectly or directly,” Gökalp elaborated. “For them, it needs to be as easy as logging into Spotify using your Facebook login, and everything else is taken care of in the background. And only at the moment when you want to extract assets, which requires an immutable chain, then you potentially need to be aware that you’re moving funds or assets and you can lose them.”
Gaming, Gökalp says, is the most likely candidate to help onboard people to Web3. As one of the world’s most popular forms of consumed entertainment, it’s simply more likely to do so than any other industry. It’s also inherently open to the principles upon which Web3 is built, compared to other industries.
“I’m not an idealist, but I think it’s games,” Gökalp said to nft now. “They’re way more decentralized, way more bottom-up, creativity-driven, with the right type of minds and the right type of people. Social media is owned by companies that will only suffer from true decentralization. And they know it. And they don’t want it. And it’s clear that they are trying to get ahead of it and try to own it. I respect the conviction. But obviously, we know from their prior behavior what the most likely future behavior will be from those companies. I hope that they don’t win Web3, too.”
Update the detailed information about This Creator Is Building An Entire Web3 Ecosystem Around Coffee And Literature on the Tai-facebook.edu.vn website. We hope the article's content will meet your needs, and we will regularly update the information to provide you with the fastest and most accurate information. Have a great day!