Entering Web3 as a creator or artist can feel overwhelming, to say the least. Between confusing technical jargon, pop-up warnings you can't read, and a streak of new tools people want you to try out, finding a clear path forward isn't easy at all. Believe me, we understand because we have been where you are! But we also have figured out that the struggles are worth it, because Web3, far away from all the overloaded hype and crypto schemes, is a path that allows creators to protect themselves ...

"This life is like a swimming pool. You dive into the water, but you can't see how deep it is.”Dennis Rodman, NBA PlayerSwimming pools offer a refreshing oasis during the scorching summer months, providing numerous positive effects that enhance both physical and mental well-being. As the sun beats down and temperatures soar, the calm, inviting waters of a swimming pool serve as a perfect escape from the heat. In the DeFi space, Liquidity Pools offer a decentralized way to exchange value and t...

"Sustainable development is impossible without peace and stability."Ban Ki-moon (Former UN Secretary-General)Last week, Lutra—one of our most insightful DAO members and our top in-house writer—shared an excellent article on stablecoins (linked below). He explored how stablecoins function, why they matter, and what gives them true significance in our ecosystem. Meanwhile, as global and societal stability feels increasingly uncertain, it’s more important than ever to focus on what we can shape:...

You might be still a noob to crypto and the broader field of DeFi (Decentralized Finance) but alongside of Bitcoin and Ethereum you might have encountered the word 'stablecoin'. As you have heard from the media and news, crypto can bring wild swings in the prices of your assets. As someone dabbling in trading cryptocurrencies, one day you feel close to being a millionaire (Lambo ordered), the other day you go back to work (Lambo cancelled). This is called price volatility and is caused by the...

Have you ever wondered how the price of an asset is determined? In economics, there is a simple answer to this: The price is discovered by the interaction of buyers and sellers in a market, e.g. a process driven by supply and demand. This process is facilitated by various market mechanisms and participants. This also applies to digital marketplaces like cryptocurrency exchanges or NFT trading platforms, where the interplay of buyers and sellers determines the prices of cryptocurrencies or oth...

Remember one of our past posts when we explained what "staking" is and how it differs from "liquid staking"? Now, DeFi is evolving, and there is “liquid re-staking”! Are you ready for the next step👀? Once again, think about the metaphor of the decentralized art gallery: When you lend your painting to the gallery and earn a share of the ticket sales, but your painting is locked up in the gallery for a set period, that`s like staking in DeFi. If you receive a special "Art Token" for lending yo...

Crypto news of the past few days has been scrutinizing the German government for selling vast amounts (worth around $895 million) of Bitcoin in short intervals. Maybe you have been wondering why that is seen as problematic. Let's take a closer look together so you can take part in the discussion: Imagine an exclusive art gallery that only displays a limited number of paintings. This gallery is known for its unique and valuable pieces, and it attracts a specific group of art collectors who app...

Do you know what DeFi is 👀? I bet you are curious, so let's get you up and running in an area of Web3 called Decentralized Finance! Let's try and look through the glasses of fashion 👗 and imagine a magical fashion world to represent the world of finance. Imagine a big, colorful fashion swap meet in a magical town where anyone can come to trade, lend, or borrow clothes and accessories. This is our metaphor for DeFi.In the regular 🏛 part of town, there are big fashion stores (like banks). Th...

Hi, and welcome to a little wrapper for 2022 in The Web3 Girl! My name is Stella, and I am one of Alana’s Nucleus Guardians, among eleven other fantastic people. Although I officially founded the project around a year ago, I am pleased to say that I am no longer the sole driving force. This makes me very happy and proud! For those of you who don’t know who The Web3 Girl is, let me introduce the project to you in a few words. Alana, or The Web3 Girl, is a virtual avatar project that educates p...

Remember when we compared "Price Discovery: Order Books and Automated Market Makers (AMMs)?" Let's dive deeper today and reflect further on the decentralized exchange (DEX) system, as it is the core that makes DeFi (Decentralized Finance) work. AMMs utilize so-called "liquidity pools" to enable the trade of cryptocurrencies. It is an apt name since it reflects both the function (liquidity) and the structure (pool of assets). In other words, a liquidity pool is a shared pot of tokens that make...

We are back with more; this time, let’s have a look at centralized vs. decentralized cryptocurrency exchanges, how each works, and how they are different. Imagine two bustling marketplaces in a city, each with its own unique character and offerings. One is a large, well-organized mall, with security guards at the entrance and a central management team overseeing everything. The other is an open-air market with a huge variety of stalls run by individual vendors, each responsible for their own ...

Metaphors are useful tools for explaining novel concepts. In our last post, we explained Decentralized Finance (DeFi) through that method. Now, it is time to go one step further and learn what "staking" is and how it differs from "liquid staking." Are you ready 👀? Imagine a prestigious art gallery in a big city. This gallery has strict rules:Only certain people can buy or lend art.The gallery decides the prices and manages all transactions.If you lend your painting to the gallery, you can on...