i need help. i dont no what course to take???
-
Whereas Web 2.0 generated wealth primarily at the application layer (Google, Facebook, etc), Web 3.0 enacts a dynamic shifting of value to the underlying protocol level. Tenets of Web 3.0 commonly include greater transparency, privacy, security, innovation, and most importantly decentralization. Capturing value at the protocol level enables smaller emerging companies to compete with much larger established players for mass adoption and profit. It also provides enhanced user experience for participants through economic incentive, less censorship, data ownership, immutable access, and much more.
-
A token is a programmable digital asset built on a protocol layer blockchain (Ethereum, EOS, etc) that follows a set of standards, such as ERC-20. The token is an abstraction that can be programmed via smart contract to represent anything – physical objects, licensure, membership, database entry, right to operate, etc.
-
Using the Ethereum platform a token may be created by writing a smart contract in Solidity following the ERC-20 token standard.
4 Likes
- Protocols gain value instead of the applications, which gives opportunities to all companies to complete with the large companies.
- A token is a smart contract built on top of crypto coin or block chain platform (e.g. Bitcoin, Ethereum)
- You need to deploy a smart contract using ERC20 standard
2 Likes
- Web 3.0 enables to capture value that in Web 2.0 was lost to behemoth companies and enables smaller players to compete in the market. Web 3.0 creates a myriad of new possibilities to venture into niche markets and bootstrap a network harnessing value with much less resources that where required in Web 2.0.
- A token is a crypto currency built on top of a layer 1 network such as Ethereum, EOS, NEO, or the like.
- By adopting any of the token standards such as ERC20, ERC721, ERC 1155. The token needs to comply with any of these standards and can be deployed on the Ethereum network within as little as 5 minutes.
1 Like
1.Decentralization of the internet. Similar to The 1890 Sherman Anti Trust act that regulated competition among enterprises. Clinton killed that one.
Example Comcast buying NBC…Open Propaganda.
2. A Token is crypto-currency or a digital asset whether being fungible or non-fungible
2a. A token contract is a smart contract that contains a map of account addresses and their balance.
3. Creating a Token on Eth has to do with using the ERC20 Standard, implementing a smart contract
1 Like
Captures the value of inventions. Enables smaller companies to compete against the bigger companies. Incentives for early adopters.
Digital asset developed using a Smart Contract
Deploying a Smart Contract on Ethereum.
1 Like
1.Economic incentive to be an early adopter on a new application.Makes it possible for smaller businesses to compete with larger ones. Brave browser is an example where you get rewarded for using the browser and watching ads. In Steemit you get rewarded for viewing videos and engaging.
-
A token is what you program on top of the network.
-
A token is created when you write a smart contract with ERC20 standard
-
What are the benefits of web 3.0 (decentralized internet)?
-allow for smaller organizations to build projects (apps, dapps).
-compete with larger centralized organizations that have monopolies on industry.
-a more complete experience for end users, to be a part of a network and to contribute and be rewarded.
-capture value from protocols. -
What is a token?
A smart contract on the ethereum platform following the ERC20 standard which is fungible. There are also nonfungible tokens on other ERC standards. -
How do you create a token on Ethereum?
A smart contract that creates a token using a set parameters or functions such as the name and total supply of the token.
1 Like
-
What are the benefits of web 3.0 (decentralized internet)?
There is value created from being a contributor, early user and supporter of a network. -
What is a token?
A token is a digital asset that lives among the blockchain with its own database withing a smart contract. -
How do you create a token on Ethereum?
It’s created by deploying an ERC-20 standard smart contract to the ethereum mainnet.
1 Like
1 - It makes applications on the web decentralized and incentivized. allows peer-to-peer without
middle man based on protocols without the need of centralized applications.
2 - A token is a coin or an dapps created on top of a smart contract blockchain
such as Ethereum. There are fungible tokens and non-fungible tokens.
3 - tokens can be created using functions of a language. its better to use same standard syntax as ERC20
to be more easy to use on the network and allow people to read it easily.
1 Like
- incentive structures can be used to compete with exisiting monopolies/oligopolies
- a smart contract built on top of a blockchain that holds value as a crypto currency
- by writing and deploying a token smart contract
1 Like
-
The benefits of Web 3.0 are that there is an economic incentive for early adopters to use the programs and or tokens. With these economic incentives this creates new economy models.
-
A token is a smart contract deployed on Ethereum (ERC20) it follows a set of standards for a level of quality and so that everything easily integrates together.
-
You can create a token on Ethereum by writing bytes in a program language called Solidity taking into account the standard of ERC20 fundamentals.
1 Like
- What are the benefits of web 3.0 (decentralized internet)?
Answer: Potential to earn money on the protocol layer (blockchain, Etherum). Enable competing with big coorparations, perhaps. - What is a token?
Answer: A token stands for a fungible or non fungible asset created on a Ethereum blockchain - How do you create a token on Ethereum?
Answer: Using a smart contract
1 Like
- incentivises users to use non-monopolys as early adopters will be rewarded by accumulating large amounts of a token that will go up in value if the application becomes more popular.
- cryptocurrency built on top of a smart contract platform like ethereum.
- using a smart contract
1 Like
-
It allows applications to run on decentralized servers and for users to be compensated for owning tokens of the protocal
-
A token is a digital asset that may be fungible or non-fungible and is stored on the blockchain
-
A token can be created by coding a smart contract
1 Like
- One of the benefits of Web 3.0 is that it allows for captured value at protocol level.
- A token is a digital asset that can be either fungible or non fungible.
- A token on Ethereum can be created by smart contracts.
2 Likes
Hello sir, do you mean which course you should take? Have you finish the blockchain & bitcoin 101?
Ethereum 101 is a must if you want to do some of the programming courses.
If you have any doubt, please let us know so we can help you! 
Carlos Z.
We could say that a token is what you program on the network, but any program is a token?
1 Like
What about the benefits of the decentralization? What value do you get?
1 Like
1 Fast and cheap, transparent and unstoppable applications (as long as gas is available)
2 Is a smart contract that allow accounts addresses, balances and can interact with other smart contracts.
3 By using the ERC-20 or the newly ERC-(165-721-777-1155) standards
1 Like