A short and concise

eBook on web 3.0

Getting
started in
web3
For techies and
non-techies

Grace Omole
Conte
Introduction

Chapter 1 What is Web 3.0?

- What is decentralization?

- Blockchain Technology
Table of Contents
- Di erences between Web 2.0
and Web 3.0.

Chapter 2 Getting Started in Web 3.0

- Web 3.0 Concepts/Applications

- DAOs known as Decentralized

Autonomous Organizations

- Creators Economy

- Non-fungible Tokens(NFTs)

- Decentralized Finance(DeFi)

- Blockchain Games

Chapter 3 How to position yourself in

Web 3.0 space and earn a lot

Chapter 4 Finally, before you go

References
Introduction
As you already know, the web is an emerging
system that keeps improving and always gets better
because of emerging technologies. Web 1.0 was
known as the First Generation of the World Wide
Web, coined by Tim Berners-Lee in 1989. It was
known as the ‘Read-Only” web, which means
people can only read content and that’s it. It is just
like you would read the newspaper except that this
is on the web and anybody with an internet
connection can access it.

Fast forward to 2004, the web got more interesting

as Web 2.0 was introduced unlike the boring old
Web 1.0. Web 2.0, known as the ‘wisdom web’ is

Page 1 Introduction
where we are predominantly at. There, information
could be passed along by both providers and
viewers; people could participate, engage and
communicate. The biggest gift of Web 2.0 to
mankind is social media platforms i.e. Facebook,
Twitter, LinkedIn, Gmail+ etc. Can you imagine for a
moment that we don’t have them?? That’s how
much benefit Web 2.0 gave us being a more
dynamic web.

In recent times, people have been talking about

Web 3 and building projects around it. This is the
supposed next big evolutionary leap of the internet.

So, what is Web 3 exactly?

Page 2 Introduction
CHAPTER 1

What Is
Web 3.0?

Page 3
Simply put, web 3.0 is a decentralized version of
web 2.0. Although there are a few other di erences,
decentralization is a core.

What is decentralization?
Decentralization means there’s no governing
authority or a single person looking after the
framework, rather a group of separate nodes
maintains the network making it decentralized. A
node is simply a computer. Blockchain does not run
on a single computer but on a connection of
computers (nodes).

Decentralization

peer to peer

Page 4 What is Web 3.0?

 Centralization

The process is known as peer-to-peer (p2p). It is

the process that explains decentralization. I can
send something to you and vice versa without any
intermediary.

Currently, all the infrastructure that popular sites,

apps, etc we use online are usually owned by
corporations and to some extent, controlled by
their regulations and the one set by the government.
This is because this was the simplest way to build
infrastructure where someone pays to install
servers and set up software on them that people
want to access online and either charges people to

Page 5 What is Web 3.0?

use it or make it free as long as the conditions are
met.

The technology that enables the decentralization

discussed above in Web 3 is blockchain. It provides
us with a new method of storing data online without
it being governed by the government or citizens.

What is Blockchain Technology

In understanding blockchain technology, you will
simply come to understand a major part of web 3.0.
Blockchain is a special kind of database whose
main function is to store data. Just as its name
implies, it's a chain or series of blocks of data.
These blocks are linked to each other with
cryptography (encrypted messages). Block 3
references Block 2 which in turn references Block 1.

Block 1 Block 2 Block 3

Page 6 What is Web 3.0?

 Block 1 Block 2 Block 3

METADATA METADATA METADATA

TRANSACTION TRANSACTION TRANSACTION

In each block, there are two parts; Metadata and

Transactions. In metadata, you can find information
such as the time of transaction, the reference to the
previous block etc. The transaction also describes
how data changes. For example, the transaction on
Bitcoin describes how a Bitcoin is transferred from
one account to another account.

If you still wonder why people are raving about

blockchain technology and can’t figure out what the
‘big deal’ is, here is a table of some desirable
characteristics of blockchain technology.

Page 7 What is Web 3.0?

 Characteristics Explanation

Immutability You cannot modify data that is

already in the blockchain. You
can only add data to the
blockchain with a new block,
unlike the Web 2.0 database
which you can change any data
at any time. Simply, it cannot be
changed or altered. This
prevents the manipulation of
data.

Decentralization The blockchain does not run on

a single computer but runs on a
network of computers that are
connected, each of which is
called a node. Nodes form a
blockchain of networks.
Anybody can run the blockchain
and be a part of the network.
This is why blockchain is called
a public network; not governed
by any authority.

Page 8 What is Web 3.0?

 Security Since the network is public, it
means anybody can run a
node on the blockchain, so
how is it secured? Well, there
is something called the mining
process. If you want to add
data to the blockchain, you
need to add a new block to the
blockchain with transactions
that describe all the changes to
the data you want to bring to
the blockchain. To do this you
need to be engaged in a
process called Mining.The
mining process is described
formally in an algorithm called
proof-of-work. It is very
di cult to hack and doesn’t
rely on any centralized party.

Transparency All transactions on the

blockchain network are public.
Although, this can be an
advantage as well as a
disadvantage.

Page 9 What is Web 3.0?

 Verifiable The ownership and validity
can be tracked.

If you are interested in how the blockchain works in

full detail, you can read the Bitcoin white paper that
explains how the proof of work algorithm works.

Di erences between Web 2.0 and Web 3.0.

Here are some basic di erences:

Web 2.0 Web 3.0

Governed by a third Self-governing

party.

Permissioned (I need Permissionless (I don’t

permission to do some need anybody’s
major things) permission to do what
I want)

Trust is required Trustless

Identity tied to email/ Identity tied to wallet

password addresses

Not Transparent Transparent and open

Page 10 What is Web 3.0?

CHAPTER 2

Getting
Started in
Web 3.0

Page 11
If you have read this book till this point, then I
assume you already know what Web 3 is all about,
the technology behind it, why it's been buzzing
around and you are ready to get started in this
revolutionary webspace.

Web 3.0 Concepts/Applications

These are some of the Web 3.0 concepts you can
familiarize yourself with and be a part of either as a
techie or not.

DAOs known as Decentralized Autonomous

Organizations
DAOs are member-based online organizations
governed by a group of members instead of a
centralized way of leading an organization.
Services o ered are handled automatically and in a
decentralized way making it transparent and fully

Page 12 Getting started in web 3.0

Page 13 Getting started in web 3.0

public. Decision is made by the agreement of all the

members of the DAO, if one person disagrees, the
election/decison fails. You can join a DAO either by
getting their tokens or providing value(e.g skills,
money) to the organization. This further illustrates
how blockchain data is completely public and
open, purchasers have complete transparency over
what is happening. This is in contrast to buying
equity in private or centralized businesses where
many things are often done in secrecy. DAOs are the
future way of building companies and their
backbone is a smart contract.

“
A smart contract is a persistent computer program
that runs on a blockchain network. Like legal
contracts, smart contracts are commitments,
except they’re written into computer code that
executes automatically and autonomously.

Andren Horowz
Writers, designers, developers, businessmen,
creators can be in this space and earn a lot. I am
currently building one.

Creators Economy
The Creator Economy refers to emerging
communities of creators—artists, musicians, game
developers—who connect directly with their
supporters and collaborate without intermediaries,
enabling them to develop independent income

streams. - Andren Horowz

This is where NFTs came into place.

Non-fungible Tokens (NFTs)

Non-fungible Tokens (NFTs) are digital assets that
are non-fungible and values are attained based on
their uniqueness. They are a new way of claiming
ownership of assets like arts, play cards, lands,
houses, music covers, pictures, etc.

Page 14 Getting started in web 3.0

When you purchase an NFT, it's yours to control as
you see fit just like when you get a physical good.
NFTs o er creators a new way to monetize their
skills and earn a lot of money giving you a direct
stake in your success and working directly with
people without middlemen. NFTs became so
popular in 2021, and creators mostly artists,
photographers and gamers have been making a lot
from turning their work into digital assets.

The highest NFT sold was “The Merge”, a

combination of arts into one art for $91.8 Million
and many more sold for thousands of dollars.

NFTs are slowly becoming part of our everyday life,

and it plays well into human needs for ownership
and authority. It's a space to be.

Writers, designers, developers, creators (fashion,

artists, etc) can be in this space and earn a lot.

Page 15 Getting started in web 3.0

I have personally earned thousands of dollars being
a developer and a writer in this space.

Decentralized Finance(DeFi)
This can be simply explained as a financial product
where you can borrow, save and invest in a
decentralized way. It can also be called a
decentralized application for Finance.

The decentralization movement started with Bitcoin

a cryptocurrency that we all know.

“
Cryptocurrencies are like money—they can be
considered as a unit of account, store of value, and
medium of exchange within the system—and can
transfer actual value digitally without a centralized
third party.

a1bz

Page 16 Getting started in web 3.0

Blockchain Games
These are games built on the blockchain. There are
NFT games, where you play-to-earn. Games can
be real in which players own the objects they work
hard to acquire, giving players the ability to buy or
sell these objects, or take them to another game
entirely. If you are a gamer (either you build games
or you play games), this is a good place for you.

Blockchain games are one example of how

decentralized technology makes new ways for
creators to monetize. The items in blockchain video
games like tools, clothes, shoes, avatars, and
experience points are NFTs that are owned by the
players and can be sold for real-world money,
traded on secondary markets, and can be
transferred between games.

Click here for a further read

Page 17 Getting started in web 3.0

These are the most popular concepts, more exists
and they are all possible because of blockchain
technology and is built on it.

Page 18 Getting started in web 3.0

CHAPTER 3

How to
position yourself
in web 3.0 space
and earn a lot.

Page 19
 Now that we have learnt about web 3.0 and know
some of the wonderful concepts of the space, the
next step is to position yourself to benefit or earn
from it. You must know that whatever you can do
right now in web 2.0 can also be done in the web 3.0
space.

I have another book available on pre-order where I

will teach you how I have earned ten times more on
this new technology in just a few weeks than I did on
web 2.0 for four years. The book will be action-
based, meaning you can easily apply what you learn
to earn what you want.

Benefits of getting the book;

- One month of direct mentorship from me

- How to earn in web 3.0 space

- Aim, Load, Fire Method to find a job and position

yourself in web 3.0 space

How to position yourself in

Page 20
web 3.0 space and earn alot
 How to position yourself in
Page 21
web 3.0 space and earn alot

- Tips to investing in NFTs and creating one.

- And so much more…

Click on the image to pre-order the

book, titled “How to Position Yourself
in Web 3.0 and Earn”

For only
$18 ~ N7,000 on
pre-order

It will be released on the 31st of March, pre-order

saves you $7 ~ N3,000
CHAPTER 4

Finally,
Before you go

Page 22
Before I end this book— you must understand how
identity works in the Web 3 space.

As mentioned earlier, we use wallet addresses are

used transactions instead of the regular account
numbers that we use now. Each wallet address is
anonymous, you can’t know who owns a wallet
address, unlike your account number that can be
tracked to your name and some of your data.

You can also use your wallet address as an identity

to enter into a Web Dapp (Decentralized
Application) just like you use your username and
password, as long as the address is connected to
the web DApp, you have access to the dashboard.
An example of this is logging into the largest NFT
marketplace, Opensea.

Click here to visit Opensea

Page 23 Before you go

You can create more than one wallet address for
any kind of network. One of the most popular
decentralized wallet systems is Metamask.

You can learn how to set up your Metamask account

Click here to learn how

Page 24 Before you go

Questions
Now, can you answer these questions?
If I did a great job with this e-book, you should be
able to answer these questions

1. What is Web 3.0?

2. What are the main features that distinguish

blockchain technology?

3. Am I needed in the Web 3.0 space?

4. What aspect of Web 3.0 am I interested in?

5. Am I motivated enough to get on the Web 3.0

journey and start building and earning?

After answering these questions correctly, (you

would know) the next step is to start building and
earning!

You can also follow me on Twitter for more tips on

web 3.0 and to give me feedback on this resource.

Follow me on Twitter

Page 25 Before you go

References

https://www.freecodecamp.org/news/what-is-
web3/

https://a16z.com/wpcontent/uploads/2021/10/T
he-web3-Readlng-List.pdf

https://ethereum.org/en/developers/docs/web2-
vs-web3/

https://www.rsisinternational.org/IJRSI/Issue31/7
5-78.pdf

https://www.forbes.com/sites/bernardmarr/2022
/01/24/what-is-web3-all-about-an-easy-
explanation-with-examples/?sh=326701322554

Page 26
Reviewers

Ayodeji Fakorede John Damilola

Blockchain Research / Software Engineer /
Crypto Expert Writer

Mercy Alabi Tomiiide Oladipo

Editor Blockchain Developer

Designer

Elijah Boluwaji
Blockchain Product
Designer

Page 27
Follow me on social media