Web3 novice tutorial - from beginner to master
In fact, a long time ago, I planned to write a "Web3 Novice Tutorial" and send it toWant to enter Web3 orJust entered Web3, but considering two reasons, I plan to postpone this for some time.
First, when all the major media are advocating All In Web3, it is inevitable that many friends will get hot headed, quit their jobs in big factories, and rush into the Web3 industry with the dream of becoming rich. howeverThis is not a right thing for the industry or for you personallyI don't want to add fuel to the fire at that time.I hope that everyone should think rationally before doing anything and not be affected by various voices。 Now, with the gradual cooling of the market and the emergence of more and more questioning voices, people are beginning to return to reason, and a large number of speculators have left with abuse and empty wallets. If you still deeply love this industry at this time, then I think you should be the one who should join Web3. I am also willing to share some of my experience and thinking for your reference.
Second, I really think that my understanding of the industry is not deep enough. I need more time to research projects, observe industry trends and community emotions. I don't want to write a so-called tutorial early to mislead others. Of course, some friends may think it is too late to enter Web3 now? I want to say,It's never too late for you to enter Web3Blockchain has only been born for more than 10 years, while artificial intelligence, which is also a cutting-edge technology, has been born for more than 60 years, so Web3 is really at a particularly early stage. There are no authoritative leaders and experts here. Everyone is constantly learning and thinking. If they don't pay attention to the market for a few days, they will be left behind. Everyone has equal opportunities. What they strive for is hard work and recognition.
If you also like Web3 and want to do something interesting and meaningful here, I hope this article can help you.
Next, I will use * * Cognition、Practice、The third part of Experience * * depicts a grand blueprint for Web3. By reading this article, you will get the answers to the following questions:
The Core Idea and Correct Understanding of Web3
Are you really suitable for Web3
From 0 to 1: Teach you the first step towards Web3
Ecological map: take you to look at the panorama of Web3, public chain+DeFi+NFT+GameFi+DAO+SocialFi+infrastructure+technology stack+top investment institutions+common tools, and guide the direction of your Web3 road
From 1 to N: teach you how to dig deeply in a track hand in hand (establish cognition, analyze projects, use tools)
The best attitude to join Web3 (work, investment, entrepreneurship, private domain, personal IP)
Some Industry Principles to Remember
Web3 Dark Forest Fraud Prevention Manual
1、 Cognitive text
First, we need to think about one question:Why do you want to enter the Web3 industry？ Did you hear from your friends or marketing numbers that you can become rich by participating in Web3? Do you want to make a big profit and leave? Do you want to learn this concept? Or do you really agree with the encryption concept and love this industry?
The answer to this question doesn't need to be written down and announced to the public. You just need to keep it in mind, so please don't hide anything from yourself.
Well, now that you have the answer, let's continue.
I guess many of you are attracted by the wealth effect of Web3, which is not wrong. After all, who can not love money? But can Web3 really make you rich? All fields follow the "two eight" principle, especially Web3,Less than 10% of the people who really make money。 If you participate with the mentality of making yourself rich through Web3, you may end up with nothing.There are far more scammers in Web3 than you thinkSome practices can even refresh your cognition. You can't trust anyone here except yourself! So we often say "DYOR" is "Do Your Own Research".Protect your principal. If you meet anyone who says you can make steady profits, please pull black.
But Web3 does give many people a chance to cross the hierarchyThis is also a "primitive arena". There are no absolute rules and no unchanging leaders. Everyone fights fairly according to their abilities to obtain their own rights and interests. It insulates most of the power and relations here, giving many people at the bottom a chance to stand on the same starting line with Wall Street elites.
A friend who left Beijing to settle down in Dali to develop Web3 said: "The reason why we chose Web3 is that people here pay more attention to you, not your workplace identity;"; Here, you are not a tool. You don't need to act as a commercial screw. You can have a little vitality. You don't need to be involved or laid off. You can get decent pay, enjoy sunshine, be healthy without being overdrawn by meaningless work, and release creativity as much as you can. It's more comfortable.
So, how can such an industry not be fascinating?
Although the potential returns are rich, it also doomed to a difficult journey,Please don't trust the trading analysts on Twitter who accurately predict every rise and fallHe will not tweet there if he has this ability. If a person really has the knack of making money, he will never show off or want to teach his friends here. Of course, there are also some excellent KOLs in Web3 who persist in preaching and dispelling doubts, but such people are really rare. You need to carefully distinguish and find predecessors who match your own style.So in Web3, you can refer to some excellent KOL points of view, but please do not simply copy, you need to slowly develop your own analysis framework and investment logic。 The more you experience and know, the more you are an expert, the more chances you will have to touch the bright dream.
When choosing a field, you should at least agree with its concept.
Looking back at the birth stage of Bitcoin, from 2008 to 2009, when the global financial crisis occurred, people distrusted centralized financial institutions. In fact, it was their wrong decisions that led to economic crises again and again. Therefore, the mysterious person (organization) with the pseudonym of "Nakamoto Cong" proposed a peer-to-peer electronic cash system, namely Bitcoin. From then on, money can run away from the centralized banking system, and everyone's assets are in their own wallet, which is resistant to review and traceable. Slowly, people's beliefs have shaped today's Bitcoin, the cornerstone of crypto culture.
Web3 is the sublimation of traditional encryption culture. It takes data ownership, decentralized identity, encryption assets, new business models, etc. as key elements, focusing on building the next generation of value InternetBy extending Crypto to a wider field, people have more room for imagination. The creation of Bitcoin is a "miracle", and the ideal of Web3 is a "palace". But while pursuing our dreams, we should also face some facts directly:The efficiency of decentralization is far less than that of centralization. Decentralization has spawned many black industries, and projects are full of scammers. We should also understand that many industries and people do not need decentralized services.
Web3 geeks are willing to sacrifice efficiency for real data ownership; Willing to take risks without giving data so that the central organization can provide "security services" for itself, and refusing to let the "prism gate" incident happen again; Willing to accept all kinds of chaos of Web3 and bravely move forward; Willing to believe in the future of Web3 and strive for it.
If you are willing to believe in Web3, I recommend you to work hard in the industry. There are too many blue oceans, and you can make achievements one day. But if you think Bitcoin is the air, NFT is a fraud, GameFi is meaningless Ponzi, and decentralization is a false proposition, then I think Web2 is more suitable for you, so many industries, so many opportunities, and don't force yourself into a circle you don't like.So we should understand the current situation: not everyone is suitable for Web3, especially at this stage!
Heart of awe
If you choose to enter Web3, you should first be in awe of this industryNo matter whether you were a senior manager of a large factory or a master doctor, you should accept yourself as a new person in Web3. The industry barrier of Web3 is very high. In addition to technology, thinking alone needs to be greatly changed. You need to know the core ideas of Web3, the ecological layout of the industry and the best solutions. If you simply look at Web3 with Web2 thinking, you may not understand why many applications exist, why there are so many funds and players pouring into such "imprecise" products, and then draw the conclusion that Web3 is a fraud.
Therefore, we should devote ourselves to the study and research of Web3 with an empty cup of mind, admit our ignorance of the industry, and establish our understanding of the industry from 0, which will be a relatively healthy growth path.No one in Web3 is necessarily right, and there is no unchanging authorityThe industry is progressing and changing every day. Real learners should pay attention to market dynamics, community emotions and capital trends every day. Even the best people who do not learn for a period of time will be abandoned by the market. This is different from many traditional industries. The knowledge structure of some industries is basically fixed, and the technology will not have great innovation in a short time. Therefore, many "experts" can "once and for all", and use the knowledge of the first 30 years to support the work of the next 40 years, but this will not happen in Web3.
If you believe in the future of Web3, accept the chaos and disorder of Web3, enjoy the uncertainty, and have decided to make a great effort here, I will tell you how to step onto the stage of Web3 with the right attitude in the next chapter!
Deep participants of Web3 are all "T-type talents"。 First of all, you should build up your understanding of the whole industry, and then find out the fields you are interested in and do in-depth research. Become an expert in this field, and build a solid knowledge system vertically and horizontally. However, the reality is not satisfactory. Many people only know a certain field. For example, people who play NFT do not know what DeFi is. Even some NFT practitioners I met do not know what EVM is. The various industries of Web3 are connected. For example, Sudoswap created the NFT AMM mechanism. In fact, it is very similar to Uniswap V3, but how many people can tell what AMM is? Although not knowing these things will not stop you from buying NFT, you may just stop buying NFT. If you want to cultivate in Web3 for a long time, it is necessary to have a structural understanding of the whole industry.
For the steps of entering Web3, I recommend trying the learning path of "Public Chains - DeFi NFT - NameFi DAO, SocialFi - Infrastructure".
Public chain is the foundation of everything; DeFi is the engine of Web3; NFT is relatively independent and special, which is a new application paradigm; GameFi requires the integration of "game+NFT+DeFi"; DAO and SocialFi focus more on products designed from the perspective of people; The knowledge involved in infrastructure tracks such as privacy and storage is relatively difficult to understand, which can be used as an extension of learning. Of course, applications such as wallets and exchanges are necessities, but I will not repeat them here.
From 0 to 1
If you are sure to go on the road of Web3 at this time, let's close the door of Web3, continue to read and find out where you are interested:
1. Public chain
Public chain focuses on building the underlying foundation of Web3, and makes technical improvement and exploration around the "impossible triangle" of "decentralization, scalability and security".
Take the recent new public chain projects Aptos and Sui for example. They both adopt the Move language and the concept of transaction processing parallelism, but their emphasis is different: Aptos moves fast, various ecological layouts are relatively complete, the community is hot, and many developers have gathered in a short time; While Sui's pace is obviously slower, its core technology is stronger than Apots. Whether it is lower and predictable gas, verifier incentives, separately paid storage and transaction costs, or stronger security, these are very important for L1.
DeFi is committed to improving the asset utilization efficiency of Web3 and building a decentralized financial system on the chain. It is the engine and connector of various projects, greatly enriching the application scenarios on the chain, providing users with new sources of interest, and improving Token liquidity.
Lending and decentralized exchanges are the core of DeFi。 On the lending platform, users deposit and lend tokens, and pay or earn interest at the same time (the same as the interest earning mode in traditional finance); In the decentralized exchange, players deposit asset pairs in the liquidity pool to provide liquidity and earn service fees. What's more, DEX realizes the market price calibration of various tokens and the conversion between assets, which also allows various assets to flow more efficiently.
Liquidity Mining further strengthens DeFi's power。 It has innovatively changed the mode of profit distribution and governance of the company, and created a positive cycle of project development. Users obtain interest and project equity income through liquidity mining, and the project party is also encouraging the development of the project through fair issuance.
NFT expands the application field of Web3, making it develop from a single financial attribute to a brand, physical object, etcThis progress is of epochal significance. If there is only FT on the chain, Web3 is only a financial market, which is separated from the real world,If you want to involve more people, Web3 needs to consider how to communicate with other fields, and NFT may be one of the correct answers.
Now the development of NFT is also at an absolute early stage. Although it has gone through a bull market, the projects that come out of it are basically PFP, and the successful business model is only Yuga Labs' "PFP Land Token Game Brand" "Ape" universe empire. However, the most exciting thing is the community culture that NFT condenses. It brings together the most important factor - people. Even in the current slowly growing bear, many communities are full of passion. Therefore, we have reason to believe that the next narrative cycle will be a bright NFT project.
Too few users is an important reason that hinders the development of Web3, and GameFi is likely to open this traffic door。 The Play2Earn model has attracted a large number of users. The average daily income of Axie at its peak is higher than that of some Southeast Asian countries. However, the current economic model of chain travel is still incomplete, and few projects can escape the death spiral.
In fact, the essence of GameFi is still DeFi, and the game is just its shell。 The sustainable development of the project requires sufficient liquidity, which, to a large extent, requires the participation of new users. Players buy NFT to enter the game, which increases the liquidity of the game. Some of the produced Tokens are self consumed and some are sold to new users. This is the simplest internal cycle. When the number of new users increases rapidly, the demand for NFT and Tokens increases, the price rises, and the players are harmonious. The market is thriving. However, when the growth of new users slows down, the Tokens in the game ecosystem do not have enough consumption channels. Supply exceeds demand and prices fall, The price drop will lead to a longer return period, which will further reduce the number of new users and enter the rhythm of the death spiral.
Although faced with difficulties, GameFi is definitely one of the most potential tracks. Recently, GameFi has also been favored by capital, and the amount of financing is far more than other fields. In the next cycle, we have reason to believe that there will be more and more phenomenal chain games like StepN, and more people will enter Web3 through chain games.
SocialFi is the only track without projects in this bull market. Everyone basically agrees that social networking is a necessary demand, and it also has a very high upper limit. CZ also publicly said that it is optimistic about SocialFi at the beginning of the year.However, many institutions believe that the existing SocialFi project is still in the early stage of development, the model is not clear and no sustainable paradigm has been formed。 If only relying on token economy and packaging transformation of Web2 social networking, it is difficult to obtain users from traditional giants. Recently, however, some social projects have begun to be noticed by the capital, and it is hoped that SocialFi will have good products in the next cycle.
DAO is a new team organizational structure with great vitality and efficiencySince the concept was widely spread, various DAOs have grown rapidly. I believe it will be a groundbreaking application, but it is not mature now. DAO is not only a WeChat group, but also a reason for capital to pay for labor. With the improvement of organizational and governance tools and the improvement of people's cognition, DAO will certainly develop in a better direction.
Each track of Web3 has its own unique charm. You need to have a comprehensive understanding of the excellent projects and ecology of each track, and then find your favorite direction for in-depth research. In order to facilitate your learning, I have included the leading projects, common tools, top investment institutions and development technology stacks in various fields of Web3 in the figure below, and made a simple summary of each project in one sentence. If you have studied all the projects and tools in this picture thoroughly, you have definitely surpassed more than 90% of the people in Web3. At the same time, you will find your interest, find the track that belongs to you, and start in-depth research (if you need picture source files, you can obtain them by private mail):
From 1 to N
At this time, you have selected the track, and the next problem is how to further cultivate in this track. I have prepared a detailed practice plan for you. The whole process is divided into seven steps, take a deep breath. Let's continue:
Step 1: Study the top 20 projects of this track and get familiar with their development history and solutions
If you like NFT, you can go to OpenSea to understand every step of the top 20 listed projects in the ranking from early publicity and issuance methods to later operation and ecological expansion, think about their internal connections, and summarize why these projects can become blue chips; Then learn how those projects that were popular at a certain time touched the emotions of the community, and why they did not continue the popularity; Finally, I summarized my own thinking logic on these projects and formed my own research framework.
If you like DeFi, you can go to DeFi Llama to understand the top 20 projects in the TVL ranking from white papers, problems to be solved, core solutions, economic models, development history and other aspects, understand the evolution of the entire DeFi history, understand the most significant characteristics of each project, think about the relationship between different projects, and establish your own understanding of the entire DeFi ecology.
In other areas, the same is true.Remember: the premise of understanding the industry is that you have seen enough projects, and quantitative change leads to qualitative change. Don't think you are a genius. You can understand everything by reading a few articles and videos. You must respect the unknown industry. Modesty is the best learning attitude.
Step 2: Make good use of tools and use data analysis tools to conduct in-depth research on the project
A worker who wants to do his job well must first sharpen his tools. Although most of the project data can be obtained on the chain, not everyone has technical background. Players who do not know technology can use some tools to assist in research. I have put all the websites that may be used in the Web3 project research in the ecological map compiled above. Here I take NFT as an example to briefly introduce some of the most commonly used websites.
Comprehensive data analysis website:NFTGO。 The overall market data, segmented track data, single project data, etc. are included. The website is very consistent with the usage habits of Chinese people, and is also a product of Chinese people. It is necessary to query data.
effect: Analyze market and project data, and pay attention to whale trends.
Community data query website:NFT Inspect 。 It collects the Twitter community data of most NFT projects, including the number of topics, trends, and usage rate of avatars. It comprehensively reflects the community popularity of a project, which is very helpful for ambushing a project in advance.
effect: Judge the popularity of the project according to the community data and take corresponding actions.
Whale concern query website:TwitterScan。 For the research of new projects, the higher the whale concern of the project, the greater the development potential of the project in the later stage.
effect: It is generally used to judge whether the early value of the project is not worth mentioning, and whether it will increase according to the whale growth trend.
Project historical data query website:NFT Flips。 Check the data of the project itself, purchase trends in the secondary market, and monitor the trends on the chain.
effect: The value of an item in the early evaluation is not worth Mint, and the value in the later evaluation is not worth second grade.
In addition to the above websites, there will be many different needs in the process of your research projects. It is a necessary skill to find appropriate tools according to your needs.
Step 3: broaden your own information channels and get the latest news of the project as soon as possible
After the above two steps, you have an overall understanding of the industry and the ability to query project data. Now you need to get an opportunity to find excellent projects.
You should understand that when you see the "latest" news of a project in the interpretation of articles and videos, it is basically not the latest. Opportunities are fleeting, and so many people are looking for them, so you must take the lead. The best way to get the latest news of the project is through various communities. The most direct channels are Discord and WeChat, but the premise must be that these communities are professional and sensitive enough. You need to find several high-quality communities that will really help you on your way to growth. See the projects that most people are working on in the community, and then go to research immediately! In addition, the news of bloggers and project owners who focus on information release on Twitter is also very important. If you find it too difficult to search, you can also use TweetDeck to integrate the information flow.
Step 4: Learn to analyze new projects
At this time, you have learned from the community partners that a project may have great potential. Now you need to consider how to analyze a new project. Because he has no data on the chain, the analysis process will be different from the above. The reference steps are as follows:
Check NFT pictures to determine whether the quality is in line with the player's aesthetic and trend, and pay special attention to distinguish whether the project is a stolen picture
Check the project's Twitter. The main reference factors are: the number of followers, the degree of interaction activity, whether there is a big guy you follow following the project, preliminarily observe the quality of the project's Twitter interaction, and identify whether the robot brush is active
Use TwitterScan to check the number of whales concerned by the project, and cooperate with the first step to analyze whether the project party has used the robot brush actively
Join the discord of the project side to observe the activity and chat topics of the members, the response speed and accuracy of the mod of the project side, the operation of discord, etc.
Check the official website of the project owner. From the overall design and details of the official website, we can see whether the project owner is working hard. The websites that are directly modified with templates can basically pass. In addition, the design concept, team, and common problems of the project can also be found on the website, which can help you distinguish between good and bad projects. Determine the development potential, RUG probability, etc. of the project according to the team behind the project.
Observe the operation means of the project party and the joint promotion with other projects and KOL
Track the operation of "Smart Wallet" at Mint, and use NFT Flips to check Mint and the secondary market, waiting for the opportunity
After Mint, observe the trading frequency and order pulling strength, and select short-term operation
Follow up to choose the appropriate operation route according to the community mood
Step 5: Try to evaluate the advantages and disadvantages of the project solution and give suggestions for improvement
After you have seen enough projects, you will have your own unique understanding of the industry, and then you can judge some projects. Of course, I hope that all of these are based on evidence, not just "I think".
To summarize the reasons for the success or failure of a project, what are the differences between the solutions of several projects, why are they designed in this way, what problems are they designed to solve, and how can their defects be improved... When you are used to exploring the nature of things, you will find that the industry is actually very pure and simple.
Step 6: Establish your own personal IP
No matter which track you choose, I recommend you record your learning content. If you like to write short articles, use Twitter, if you like to write long articles, use mirror, and if you like to record videos, choose YouTube. In short, let more people see you, which is very helpful to you.
You may meet like-minded partners because of these contents, or you may be invited by the project party to join their team, or it may become a very important basis for you to apply for jobs. Web3 is a chaotic place. There are too few really valuable things here. Trust me, as long as you work hard enough, you will be found and reap the wealth and honor you deserve.
Step 7: Join Organization/Create Organization
It's too lonely to move forward alone. You need partners and organizations. Maybe it can give you emotional support, or it can give you material support, or it can bring you more thinking. In any case, an excellent team is of great benefit to your personal growth.
Please note that all your work should be respected. Now many DAOs ask you to pay for free under the banner of "power generation for love", but this is actually paying for you in vain. What do you want, money? People? Learning You can try more, but don't keep doing stupid things.
Some friends will not just be satisfied with participating in other projects, but will do a product in person, which is very encouraging. Web3 needs excellent Builder. At this time, the problem you will face is to organize a team. As the sponsor, you need to spend a long time to recruit suitable partners, know everyone's characteristics well, and fully mobilize the team's enthusiasm to do this.
If you especially like Web3 and really want to do something here, you can also contact me, and I will give you the help you can. It's not a guide, but we can grow together.
This chapter will be presented in the form of question and answer, trying to solve the difficult problems that trouble you.
1. In what form can I join Web3?
Small partners who have worked in Web2 for a period of time or are about to graduate from college often ask this question. For example, if I want to enter Web3, what can I do and what should I do now?
First of all, the organizational structure of Web3 is not very different from that of Web2. The positions of product, development and operation are the same,If your goal is to find a job in a Web3 companyYou can refer to the "ecological map" above to learn and master the core knowledge architecture of the industry. The technical position needs to deeply study the "technology stack" module on the map, the product needs to deeply study the project architecture and economic model, and the operation focuses on the design of various activities of the community and the project party. It is relatively easy to find a well paid job after thorough research.
But I think,Working in Web3 is only the first layer, and the next layer is to participate in excellent projects(Participation here does not mean working for it). Few deep participants in Web3 only work and do not participate in other projects. In the words of a friend of mine,The salary is just your subsistence allowance. The real value of Web3 lies in the excellent projects in the community。 You won't be rich and free because of the salary that exceeds the average level of the industry, but you may become famous because you deeply participate in a reliable project. This statement is not exaggerated, because such things often happen in Web3.
Generally speaking, the project side will give about 80% of the rights and interests to the project supporters. If you find an excellent project through a series of research and continue to participate, believe me, your return will be considerable. However, all this is based on the fact that you can find excellent projects!90% of the projects in Web3 will die. Finding pearls mixed in fish eyes is a skill you must cultivate.
The third layer is to establish personal IP and make contributions to the development of the industry。 Compared with tangible wealth, the shaping of personal value is more precious. Personal IP is gradually established in the process of personal development. The articles, videos, projects and conferences you output will become the underlying foundation of IP. When you have enough experience and contacts, it is time to give back to the industry.
You can think about the future trend and development direction from the perspective of industry layout, do your best to contribute to the development of Web3, launch an excellent product, and pursue higher life value. The information on the chain cannot be tampered with. All your contributions will be recorded, and your contributions to the industry will never be erased.
2. When you first enter Web3, the earlier you know, the better?
This is a chaotic industry. There are far more cheats than good people
Don't trust anyone except yourself. The advice I can give you is not to trust anyone's investment advice
If you don't go into the market, you never know what the market is like. If you don't put it into practice, you will always make a good judgment
Focus on community emotions. There is nothing fomo can't solve
Don't watch people brag on Twitter, pay more attention to some high-quality bloggers
"God level traders" who predict accurately every time they go up and down are usually living by returning their commission
No more than 50 high-quality Chinese Web3 bloggers
Token is the most direct way to make profits for the project, so are you
Don't look down on hair removal. It's time to remove hair, not for nothing. Sometimes profits are high
Don't be afraid of ridicule. Everyone is new and there are no experts here
Pay attention to the safety of the wallet. Don't authorize at will. Don't take screenshots of mnemonics, especially your main wallet
Necessary contract knowledge will play a great role in some cases
Selling is more important than buying
Don't try to persuade others to believe your point of view. If you are poor, you will be alone. Don't do meaningless things
Although I don't want to admit it, at present, Chinese projects are the most risky, and the market is generally not optimistic about Chinese projects
3. How can we prevent being cheated to the greatest extent?
Here you can directly refer to the foggyManual of Self rescue in Dark ForestIn addition, thank @ BTCOLd8 for their photo summary:
Write at the end
I spent a long time writing this tutorial, checking word by word to avoid misleading people. I hope it can enlighten you. Web3 needs more builders to join us!
In addition, because my personal level is very limited, it is impossible to explain Web3 clearly with only about 10000 words. It is inevitable that the content of the article will be a little overkill. Please treat it dialectically. If you want to have in-depth communication with me in some aspects, please send me a private letter and explain your intention. The road of Web3 is not smooth. Thank you for your construction and company!
Finally, the message written by F2Pool on the last block of the Ethereum PoW era ends:As long as you have the courage to make commitments, the world will help you to remove insurmountable obstacles; To fulfill the unfinished dream, the universe will never restrain your progress, which is where the mystery lies.
Source: bress_ xyz