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This is a guide that breaks down both concepts.

A web3 version of Facebook could allow users to monetize their own data, or even earn crypto “tips” from other users for posting interesting content. A web3 Spotify could allow fans to buy “stakes” in up-and-coming artists, effectively becoming their patrons in exchange for a percentage of their streaming royalties. A web3 Uber could be owned by... See more

Like traditional banks and other financial institutions, there are DeFi services for crucial economic functions such as:

A successful GTC supports the direction in which the community wants to go, not the other way around.

3.Content creators/users are digital asset owners. This idea here is critical. As time goes on, users become increasingly empowered with more access to information and therefore better able to control and be in charge of future technology advances.

A/B testings help to stay competitive by adapting to market changes and customer wishes.