Don't just read about Web3, build a to-do list of activities
13 Activities to get you up-to speed in web3
While you break into the world of Web3, it’s essential to learn by doing than consuming a lot of content. If you are confused, here are the key activities to get started with and the right tools and platforms.
Read a few Whitepapers: While you start with the most critical whitepaper on bitcoin & Ethereum, also make sure you read whitepapers of
Chains: Polygon, Solana, Terra
dApps: YieldGuild, Strader Labs, UniswapCreate a Wallet Account by chain: Create your account on Metamask, Phantom, Coinbase or Leap.
Please consider buying Ledger & Trezor for hardware wallets and Gnosis Safe for multi-sig wallets.
Once you have a wallet, deposit some crypto into it. Maybe eth. to start with.
You can choose wallets as per chains, for example, phantom for Solana, Leap for terra, etc .Buy/Sell/Mint NFTs: To make it easy, go to opensea and explore the world of NFTs. Collect a couple of NFTs in your open sea account to understand the experience.
You can buy fractional NFTs as well using Fractional.ArtJoin or Create DAOs: Based on your interest and domain skills, choose some DAOs you believe you can contribute to the governance calls.
You can discover and join DAOs here https://discoverdaos.com/
You can also create a DAO with Colony.io, or you can spin an investment DAO with Syndicate.io.Invest in Crypto: You can also park some of your money to invest in crypto, which gives a fixed yield on your investment. There are products like pillow.fund, flint.money where you can invest for high returns.
Advise doing necessary diligence before investing.Play to earn: You can explore play-to-earn gaming apps through game-fi.
You can explore games on Axie Infinity, Yield GG, or IndiGG to get your P2E account.Invest in Web3 Projects: New web3 projects have token sales that you can invest in early on. be sure you understand what they are building and trust in the team to build out the product.
you can explore the impossible.finance like platforms to discover new projects or tokens to buyRead Smart Contracts: Spend time on the Github repo of web3 projects. Also, try and understand how smart contracts are structured for that project.
Join different types of exchanges: If you are deep into crypto and web3 it’s good to have accounts on multiple exchanges and use them for some learning experience. Understand different take rates and what are the new coins in the market.
Decentralized exchanges: Uniswap, Pancake Swap
Centralized exchanges: Binance, FTX, CoinbaseExplore Social & Communication Tools: There are many excellent tools in web3 space which are great alternatives to the web2 universe. Few of them are
Status.im is a messaging & web3 browser DesoProtocol is an L1 chain for social platforms Islands.xyz is a web3 social network prysm.etch is a social investing network. Join Super Local is a social network to earn based on IRL activities. lens.dev is a protocol for social networks.Connect with web3 contributors: Twitter & discord are the best places for web3 chatter. Contribute and connect with people in web3 who are building DAOs or building new products, or designing smart contracts. Lot off learning by meeting these people.
Get your ENS domain: ENS domain is a step into building your identity in the web3 universe. Like how website domains were in web2, an ENS domain is a single identity for all your addresses on web3.
https://ens.domains/Try a consumer application: Web3 consumer experiences are a great way to belong to the universe. You can try a product like StepN, where you earn by walking and running. You can also get NFTs based on your daily lifestyle activities.
StepN is like strava on web3.
These to-do lists should be an excellent start to your web3 experience. If you have anything more that will help the beginners, please comment below, and I will add it to the post if exciting and valuable.
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