What Creators Need to Know About Web3 and Crypto

Faya

37 min•349 plays•0 favorites

Description

Web3 is upon us. And if you struggle to understand it, you aren’t alone. In addition to being an extremely male-dominated space, it’s also stuffed to the brim with jargon, all sorts of things we never learned in school, and a heckuva lot of uncertainty. (And what’s up with the cryptobros and apes, really?) But a few decades ago, people felt the same about the internet. And now, we can’t imagine life without it. NFTs, cryptocurrency, the blockchain and are the result of the evolution of the internet into something more secure, integrated, and functional. And we can already see the effects on several industries like finance, online events, and digital art. In this week’s episode, we’re talking more about Web3, cryptocurrency, and why we as creators and business owners need to learn more about this industry. Here’s what you can expect from this one:<ul> <li>Why crypto will affect how you live, work, and buy in the future no matter what business you’re in</li> <li>The importance of participating in the Web3 conversation as a female business owner or creator</li> <li>A foundational understanding of Web3 terms that we hear all the time (blockchain, NFTs, smart contracts, and more!)</li> <li>How NFT art sales work and why they’re revolutionary for the digital art world</li> <li>Understanding the difference between hot wallets and cold wallets </li> <li>Proof of work, proof of stake, and the environmental concerns around Web3 technology</li> <li> Regulations in the NFT space and why you need to know what you’re getting into as a buyer</li> </ul> (If you’re thinking of clicking away from this episode because it’s not your speed, we’re going to urge you to explore that for a second!) Since it exists online, the creator economy is going to witness massive w