Homework: Web3.0 and Tokens

Ethereum 101
#81
  1. With Web 3.0 value is being captured with niche economic models using DApps.
  2. A token is a smart contract that resides on top of the Ethereum network.
  3. You create a token on Ethereum by writing a script using Solidity using a protocol such as ERC20, ERC29, or ERC72.
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#82

1 Eliminates middlemen that has monopoly on many industries. It operate with a
pear 2 pear system.
Reward early users by giving them insensitives with token.
Trustless, no censorship, borderless and unstoppable way to operate business.
2 It’s a cryptocurrency that uses already an established blockchain where smart
contract can be done such as eth,eos,neo,trx…
there is 2 kind of tokens. Fungible and unfungible tokens. Each fungible tokens
have the same value. Each unfungible tokens have different value between
them.
3 I can create a token with a smart contract.

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#83

  1. less censorship and you can offer financial incentives to users.

  2. A token is a digital asset that is a protocol built on a network to perform a action.

  3. by using the ERC20 standard you can create a token on the eth network.

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#84
  1. Decentralizes the internet and its services thus reducing impact and control of corps. Small businesses grow with token incentives.
  2. Programmable digital asset, fungible or non fungible absed on Eth or other blockchain network that stores smart contracts.
  3. You program a smart contract based on ERC20
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#85

Hello,

  1. Web 3.0 allows for a more personalized experience for the user, and puts a damper to the monopolies of the big tech giants. One example could be steemit, or the Brave browser. It also integrates seamlessly money or tokens with the webpages (Metamask wallet) allowing the user to both interact with a web page but still have absolute control on his private keys.

  2. A token is a fungible/non-fungible unit that is built (smart contract) on top of a coin. It uses the existing infrastructure (for instance for network security with PoW) but can introduce a new spin or a new idea on the market with relative less exposure or publicity. If the token succeeds, also the main coin get added value due to the fact the main coin is used to power the transactions (for example, SALT (token) powered by GAS on the Ethereum blockchain.

  3. It must be programmed with solidity, and must use a token standard (ERC). The programmer must create a smart contract and then promote it.

Best

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#86

  1. The benefits of web 3.0 (decentralized internet) are that any user can capture value at the protocol level from the work they do. In web 2.0, creators and builders have seen the value from their work effort accrue to others, usually large monopolistic enterprises. With web 3.0, small companies and individuals can compete to capture value with the established large enterprises. This is made possible by financial incentives available for early adopters in terms of growing their network in the internet economy.

  2. A token is a digital asset or utility (fungible or non-fungible) that has value in the blockchain in which it was created.

  3. To create a token on Ethereum network you simply write a smart contract using one of the standards such as ERC-20 for a fungible token or ERC-721 or ERC-1155 for non-fungible tokens. There are other ERC standards as well but are less common in use.

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#87
  1. one of the benefits is that it will redistribute the internet, take away the power and monopolies of just a few very big players and give chance to new individuals again to enter the market place.
  2. a token is an incentive model build on an existing protocol like for example Ethereum, a way of payment.
  3. writing an IERC20 compliant smart contract , tokens are defined by the smart contracts running on a higher level and depend on the coinbased Ethereum protocol running on a lower level.
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#88
  1. In web 2.0 http and tcp capture no value. However in web 3.0 if the Daps capture value, than Etherium does also.
  2. A token is a currency that is built on a coin.
  3. You use solidity.
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#89

  1. It makes possible to build a new economic model where the user can be rewarded for the value he/she has generated. Thus, news initiatives can create incentives system, trought tokens, to gain adopters/users. It empowers the user and allows him to take profit from the value that he/she creates.

  2. It is a recipient of value in web 3.0.

  3. In a Smart contrat you can create a token fFollowing ERC 20 standard.

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#90

Your data belongs to you and not to companies like google and you can make money with that

Cryptocurreny (fungible or non fungible)

By creating a smart contract and using standarts set by ERC20 or ERC721 or ERC233

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#91

  1. It opens up the opportunity for smaller companies to grow and compete with the big boys because they can offer incentives to their users through the distribution of tokens.

  2. A token is a form of value that can be transferred between users. The token comes from the creation of a smart contract on a blockchain such as Ethereum.

  3. By creating a smart contract or dapp, you create a token.

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#92
  • What are the benefits of web 3.0 (decentralized internet)?
    It gives the opportunity of more adequate value distribution to network participants that create value. Additionally, it gives economic incentives to individuals to participate in early stage of growing network effects.
  • What is a token?
    A token is a digital asset that is built on a smart contract platform like Ethereum.
  • How do you create a token on Ethereum?
    You can create a token by writing a smart contract. There are standards you can use for fungible tokens (ERC20) and non-fungible tokens (ERC721 and ERC1155).
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#93

  1. Creates an incentive for early adaptors. As a user, you can get paid for content rather than the large corporations such as FB, Google, etc.

  2. A token is a medium of exchange - a currency. A programmable digital asset.

  3. Using the ERC20 standard and by creating a smart contact.

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#94
  1. Web 3.0 allows to capture the value on the protocol level, so smart contract protocols like Etherum, can give high returns to early investors if the protocol gain mass adoption. In Web 2.0 all values was captured by tech giants like Google or Facebook.
  2. Token is a digital asset built on a smart contract protocol.
  3. Token on Etherum is created by deploying a specific smart contract that issues the tokens and specify how token can interact with it.
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#95

1: all the value cant be centralized to a few big company’s, like google, facebook, youtube. Smaller bussinesses can also compete with them and take some off the value.

2: A token is an asset that is programmed on the blockchain true a smart contract.

3: To create a token wr can use the ERC20 standard and a smart contract.

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#96
  1. What are the benefits of web 3.0 (decentralized internet)?

New financial dynamics are generated and smalls companies might compete with giants such as google or facebook.

  1. What is a token?

It is a coin build on the Ethereum blockchain using the ERC-20 standard or another standard for NFT.

  1. How do you create a token on Ethereum?

Using Solidity as a programming language to build a smart contract based on the ERC-20 standard.

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#97
  1. Web 3.0 allows more economic incentive for participants, especially early adopters, since value can be transferred easily between parties on the protocol level.
  2. A token is a smart contract that has been built on a protocol layer blockchain, such as ETH or EOS, that follows a set of standards, most commonly ERC-20, that allows it to hold and transfer value.
  3. Create a smart contract on the Ethereum network using ERC20 for fungible tokens and ERC233 and ERC721 for non-fungible tokens.
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#98
  1. What are the benefits of web 3.0 (decentralized internet)?
    The value is at the protocol level which in turn removes the “middle man” like Google and Facebook.
  2. What is a token?
    Is a cryptocurrency that can be either fungible or non-fungible and it is created with a smart contract.
  3. How do you create a token on Ethereum?
    By creating a smart contract.
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#99
  1. Smaller companies are able to compete with larger companies. Decentralized.
  2. Smart contract controlling a unit of value on a blockchain.
  3. ERC20 standards to create a smart contract.
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#100

1- thanks to tokens, its possible to capture value at the protocol level. This allows to create a financial incentive to early adopters, which gives a chance to compete with big players
2- its a digital asset developed using a smart contract on top of a protocol
3- programming a smart contract using solidity language

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