Homework: Web3.0 and Tokens

Ethereum 101
#2936
  1. Competition with monopolies through motivation to be an early adopter, value to protocol vs apps only, and no middle manning of content.
  2. Programmable digital asset (fungible or non-fungible) built on top of a block chain e.g. Ethereum, that follows a set of standards, and allows for a smart contract to hold and transfer value.
  3. Build a smart contract via Solidity that utilizes at least the minimum Ethereum blockchain standard(s) required to effectively deploy it (ERC-20; ERC721;ERC1155).
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#2937

  1. The decentralized nature of web 3.0 enables smaller player to compete with bigger players. It also incentivize early adopters and content provider and consumer by means of token distribution.

  2. A token is a digital currency/asset that is built on top of a smart contract, e.g Ethereum,Polkadot, Harmony One, etc.

  3. By using Solidity in the Ethereum network , you can create token(fungible) with the ERC20 standard or ERC20 for non-fungible assets.

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#2938
  1. The benefit of web 3.0 is that smaller companies/individuals can receive value when uploading work/content.
  2. A token is a fungible or non-fungible digital asset created on Ethereum or blockchain.
  3. To create a Token on Ethereum use ERC20 to program the smart contract.
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#2940
  1. The benefit of web 3.0 is that there is the possibilty to create very niche economical dynamic, having its own incentives.
  2. A token is a digtal asset that is developed using a smart contract.
  3. A token on Ethereum is created by using a smart contract…
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#2941

What are the benefits of web 3.0 (decentralized internet)? Decentralized Internet Web 3.0 all users and protocol creators reap the benefits of adoption and user of it.
What is a token? It could be an asset or coin written into a smart contract on the blockchain

How do you create a token on Ethereum? They are created using certain standard requirements when writing the Smart Contract using Solidity compiled to byte code, executed by the EVM on the Etherum blockchain

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#2942
  1. Incentive to earlier adopters helping small businesses grow. Money as a layer on the internet. Increased peer to peer no middle man on the internet.
  2. A token is fungible or non fungible digital asset created on Ethereum or other blockchain networks.
  3. A token is created on ethereum using some simple code. Simple tokens are not secure and more work has to be put in to make sure that a tokens code is well written.
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#2943

  1. It gives the protocoles built on web 3.0 real value in terms of money unlike the protocols built on web 2.0 like https. So this also means that dapps built on protocols like ethereum also have the possability to generate value for the users by building their own economy and incentive models.

  2. A token is a dapp or smart contract that is built on top of a protocol

  3. by creating smart contracts or dapps using the ERC-20 standard

1 Like
#2944

  1. Small businesses can challenge large businesses by incentivizing their users through rewards.

  2. A fungible or non fungible digital asset created with smart contracts.

  3. Through codes in a smart contract.

2 Likes
#2945
  • 1 Like Bitcoin, Web 3.0 can be permissionless, peer to peer, in part censorship resistant, transparent with predefined laws and without a single entity controlling it.
  • 2 Tokens on Ethereum are smart contracts that can be created for a variety of usecases.
  • 3 By creating a smart contract on Ethereum that conforms to an ERC standard.
2 Likes
#2946
  1. What are the benefits of web 3.0 (decentralized internet)?
    The main benefit is to reward developers and users because adds value to the network and also to the community. Besides that you don´t have a third partie in which you need to rely, you can make peer to peer interactions.
  2. What is a token?
    It´s a digital asset created on several blockchains that uses the ERC20 program to run smart contracts.
  3. How do you create a token on Ethereum?
    You need to buil a smart contract using Standard protocols such as ERC20 or ERC721.
2 Likes
#2947

  1. What are the benefits of web 3.0 (decentralized internet)?
    The value moves to the protocol from the app

  2. What is a token?
    A Dapp or crptocurrency written on a protocol such as as Ethereum or EOS

  3. How do you create a token on Ethereum?
    create a Dapp or smart contract that runs on a protocol such as Ethereum or EOS

3 Likes
#2948
  • What are the benefits of web 3.0 (decentralized internet)?
    Some of the benefits of Web 3.0 are that you can get compensated when you post, like or use certain websites where as before only that company would benefits off your time and contribution.
  • What is a token?
    A token is a smart contract built on top of a coins network. Such as Ethereum being a coin and Link being a token built on the ERC20 standards
  • How do you create a token on Ethereum?
    you can create you own token on Ethereum by using Solidity, using the ERC20 standard and editing certain parts to make it your own such as the name, the number of tokens to be created as well as the symbol of the token.
2 Likes
#2949

  1. Every new gereneration add to the internet cumulativy tools. That way web 2.0 does what web 1.0 could do in addition to dynamic scripts created in javascript. Web 3.0 adds in top to web 2.0 the possibility of creating decentralized applications and introduce a money layer. DAPs give to its early users economic incetive to support the network and community, that is enougth to create a enviroment in wich small applications can compete with the giant corporations.

  2. A token is a digital asset (fungible or non fugible) developed using a programming language such as solidity and daployed to a blockchain (ethereum, EOS, cardano etc).

  3. A token is created by programming a smart contract in the solidity language and deploy it to the ethereum network.

2 Likes
#2950
  1. What are the benefits of web 3.0 (decentralized internet)?
    Value and reward go to the early adopters and not in later apps which are built on top of it. It is decentralized and without third party.
  2. What is a token?
    It is representation/value of project (ERC20) biult on Ethereum network.
  3. How do you create a token on Ethereum?
    Token is created through smart contract by solidity language. Each smart contract-project built on ETH network represents ERC20 token.
1 Like
#2951

  1. Breaking monopolies and allowing more economic and personal freedom oniline.

  2. A smaller currency built on blockchain networks

  3. Programming one, that’s all it takes

1 Like
#2952
  1. Unstoppable websites with web2.0 functionality + tokenomics and transparency of the blockchain.
  2. A token is a smart contract running on top of Ethereum.
  3. You program a smart contract using token standards depending on the use case, like ERC-20 fungible token standard, or ERC-721 or 1155 for non-fungible token standard.
1 Like
#2953

What are the benefits of web 3.0 (decentralized internet)?
There are many benefits of the Web 3.0 advancements of technologies. For example, value added at a protocol-level for programmed assets. Furthermore, transparent and programmable assets have less demand for third-parties and/ or middlemen. Moreover incentivizing peer-to-peer transactions and contributions to the networks.

What is a token?
A token can be described as the unit of account for token balance. Both non-fungible tokens and fungible tokens represent programable assets. A account holder’s reputation, etc., etc… A unit of balance can be defined as a token. Although balances can represent objects, monetary value,

How do you create a token on Ethereum?
A token can be created with a smart contract written in the programming language known as solidity, of which implements standards such as; ERC20, ERC721, ERC1155, etc. etc…

Best Regards,

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#2954
  1. What are the benefits of web 3.0 (decentralized internet)? Allows individuals, communities and small companies to compete with larger companies in the same economic space.

2.What is a token? A token represents a unit of currency or asset that has some economic value to the users/owners of that token.

  1. How do you create a token on Ethereum? You create a smart contract that specifies a token name.
2 Likes
#2955
  1. What are the benefits of web 3.0 (decentralized internet)?
    = It promotes privacy and security. It provides the opportunity for small companies to compete with big corporations and incentivize early adopters and adds a money as a layer on the internet.
  2. What is a token?
    =Programmable digital asset
  3. How do you create a token on Ethereum?
    = By using smart contracts and complying to Erc20 standards
1 Like
#2956
  • No centralization
  • No middleman
  • Incentivizing to be an early adopter by giving the possibility to earn money as a user

Token is a programmable digital asset created on blockchain that is a unit of value. It can be fungible or non-fungible.

You create a token by creating a smart contract.

1 Like