Web 3.0 is essentially everything and anything that lives on the Block-chain. Everything from NFTs, Cryptocurrencies, Decentralized Finance, Mining, Nodes, Virtual Land and so much more are each a small aspect in the grand scheme of Web 3.0.

The difference between Web 2.0 and Web 3.0 is grand, and what I believe equivalent to the jump from paper to the internet (Web 1.0). Web 3.0 is commonly referred to as the semantic web, the third generation of the web leverages an advanced metadata system. The metadata system helps in structuring and arranging all types of data for making it readable for people and machines. Web 3.0 takes away the need for centralized intermediaries and introduced the universality of information. What is this important? Web 3.0 leverages artificial intelligence for powering machine-to-machine interaction alongside advanced analytics. Web 3.0 also uses a decentralized network for passing data to the control of owners. As a result, users get the opportunity for exerting ownership of their data alongside determining the ways in which it should be shared.

The purpose of Web 3.0 (Block-chain) is ultimately to create a more fair, cooperative and trustlessness society where the dependence on a centralized body is no longer needed for the advancement of our communities.

gm - good morning gn - goodnight wgmi - we gonna make it ngmi - not gonna make it os - OpenSea floor - the lowest price of a piece in a collection pfp - profile picture fomo - fear of missing out lfg - lets fking go og - original gangster (early project supporter) rug - scam, developers will typically run with the $ after their project sells out iykyk - if you know you know dyor - do your own research dydd - do your due diligence aping in - taking a large position in relation to your total portfolio size fud - fear uncertainty and doubt shill - convincing other people to purchase a project wl - whitelist sweep - purchasing a large number of floor pieces of a collection p2e - play to earn pump - a large number of purchases that increase demand and drive the price of a collection higher dump - a large number of sell orders that push the price of a collection lower moon - price going dramatically higher in a short period of time liquid - the amount of crypto you have available to purchase NFTs ser - sir, a respectful way to communicate to someone new fren - friend szn - season, which refers to a market cycle irl - in real life alpha - time critical information that can give you an edge in collecting delist - the act of cancelling a listing to sell an NFT derivative - a project that derives its likeness from another successful project nfa - not financial advice