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lipisadiya376

@lipisadiya376

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A Quick Guide to Web3 “Slang” – A Must-Read for Beginners! 1️⃣ To The Moon 🚀 A common phrase in the crypto space, meaning a coin’s price is skyrocketing, as if flying straight to the moon! If a coin’s supporters say, “X coin is going to the moon!”, they’re expecting a big price surge. 2️⃣ FOMO 😱 Short for Fear of Missing Out, meaning the anxiety of missing a big opportunity. When you see a coin rising fast and rush to buy it for fear of missing out on potential profits, that’s FOMO in action. 3️⃣ HODL 💪 Originally a misspelling of Hold, it has become a symbol of strong conviction in holding onto a coin. No matter how much the market dips, true HODLers refuse to sell and keep holding their assets. 4️⃣ “Chives” (Newbie Investors) 🌱 In the crypto world, inexperienced investors who blindly follow trends, buying high and selling low, are often referred to as “chives” because they are frequently “harvested” by the market.
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What is Web3? Web3 is a term used to describe the next phase of internet development. It was coined in 2014 by Gavin Wood, co-founder of the blockchain-based software platform Ethereum. It is described as the decentralized future version of the internet, weakening the influence of the companies that currently dominate Web 2.0 (such as Meta, Amazon, and Google). In this version of the internet, users should have greater control over their own data, instead of sharing it with companies that monetize their personal information. As a result, users will have a more interactive internet experience, enhancing ownership and privacy of their personal data.
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Step-by-Step Guide to Analyzing Web3 Projects 2 Hello, friends 👋 Let's continue discussing key points to consider when analyzing Web3 projects: 1️⃣ Analyze the Token's Use Case What is the project’s token for? Is it purely for commemorative purposes, does it have governance or voting rights, or does it provide some form of economic incentive? 2️⃣ Analyze the Economic Model Examine the project’s economic setup and check if the token distribution and release schedule are reasonable. Is the project aiming for the long-term or short-term? 🤔 3️⃣ Is There a Staking Mechanism? 4️⃣ Analyze the Project's Revenue Model Does the project have a healthy and sustainable business revenue? Is the revenue model viable for the long term? 5️⃣ Analyze the Team and Investors A well-known team is definitely attractive, but be cautious of projects where the team and investors are in it for a quick profit, potentially "harvesting" the community.
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My experience in Web3 has taught me what kind of people are able to make money: High cognitive ability, strong expertise, strong learning ability, and good luck. Good network and resources. On the other hand, if you're not making money, it's for two reasons: Insufficient cognition, lack of expertise, not learning, and bad luck. Poor resources, not in the core circle. Which one are you?
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Decentralization This means that a large part of the internet is no longer controlled by a central authority but is co-owned by the people who build and use it. No permission required—what does that mean? It means everyone can equally participate in Web3, and no one will be excluded. No trust required Web3 relies on incentives and token-based economic mechanisms, so there's no need to depend on those so-called trusted third parties. Instead, the system works through transparent rules and protocols, creating trust through code rather than people. In essence, Web3 is a platform where control is distributed, and participation is open to everyone, without the need for intermediaries or central control.
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Smart technology, making the future within reach. Explore more innovations and wonders with robots!🤖
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I love drinking juice! 🥤🍊 It’s refreshing, delicious, and always brings a burst of energy. What's your favorite flavor? 😄
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AI, or artificial intelligence, is a rapidly advancing field that has the potential to revolutionize numerous industries and aspects of life. Here are some perspectives on AI:Strengths and Potential of AI Efficiency and Automation AI can automate repetitive tasks, improving efficiency and freeing up human time for more creative or complex work. It enhances productivity across industries, from manufacturing to services. Data Analysis and Decision-Making AI excels at analyzing vast amounts of data quickly and accurately, uncovering patterns and insights that may be invisible to humans. In fields like healthcare, finance, and marketing, AI helps in making more informed and timely decisions.
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Success is not how high you have climbed, but how you make a positive difference to the world."
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Push yourself, because no one else is going to do it for you.
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"Face every challenge with a smile."
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Believe you can and you're halfway there
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Every day is a new beginning. Embrace every opportunity
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I got the eye of the tiger, a fighter Dancing through the fire 'Cause I am a champion, and you're gonna hear me roar
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