The Web3 Era: NFTs, the Metaverse, Blockchain and the Future of the Decentralized Internet

Summary

In The Web3 Era, David Shin connects pivotal moments from the history of human progress and global trade with current events that are shaping the world of tomorrow through a fascinating and insightful exploration of the long-term, next-level use cases of non-fungible tokens and digital assets, and their implications for industries that leverage these advancements. In the book, you'll find discussions of the challenges and opportunities for institutions awaiting the arrival of the Web3 space; how old Western central powers are struggling to keep up with the digital currencies of the East; and why our voices will matter as consensus-driven tribes converge to form DAOs. You'll also discover the potential of blockchain as a pivotal engine for driving the metaverse economy and transforming contemporary web infrastructure into a decentralized network of free trade and social interaction governed by users themselves.

The author covers topics that include the potential institution of a smart treasury in a digital economy; the convergence of metaverse infrastructure with decentralized finance, creating a virtual world of open finance; use cases for government-backed digital tokens in a variety of industries; and social interactions and commerce tied to Soulbound-identity, AI technology, archeological revelations, de-dollarization, and the rising Global South.