Bridging Between Web2 to Web3 Through NFTs

By xuanling11 | Crypto Learning | 28 Jan 2022


Recently, Google's search trend of NFT continues to rise. With a trend like this, technology companies are planning to enter the NFT market too.

 

TL;DR

The technology uses NFTs as a bridge to enter into Web3. NFTs can bring their communities along with technology to integrate into the brand.

 

Here is a 1 min summary of the article if you want to skip the reading.

Google Enters Digital Assets

Google starts to put up a team to focus on digital assets building. Google wants to host blockchain clout and provide services to blockchain companies. They want to become a one-stop shop for hosting remote procedure call (RPC) nodes for developers and allowing users to deploy blockchain validators through Google Cloud via a single click. Integrating Web3 elements such as wallets and other blockchain features will also be possible through such cloud services. It may layout the infrastructure of blockchain to deploy through Google and make user-friendly digital products in the future.

 

Apple Announced to Enter Metaverse

Apple will expand its augmented reality business specifically to prepare for its Metaverse opportunity. Apple VR headset will be released to compete with Facebook and Microsoft. Likely Apple has been studying blockchain technology for some time and is likely to be ready to enter Metaverse sooner or later.

 

NFT Is A Scam

People who FOMO into NFTs are likely to be scammed. People then claimed NFTs are all scams because there is no value attached to them similar to cryptocurrencies. So aren't NFTs a scam? It depends. NFTs are vehicles to build a community, a key-driven factor to support the valuations. The arts behind NFTs are just a small factor of the technology. Marketing of such NFTs and building a good community is another significant factor of such NFTs. Artists opposed NFTs because they mainly focus on the art itself and the monetary component which deviates the art purpose from the art community. However, the project builds on top of the community can be a factor to push NFT valuation further.

 

Community Belong

Digital culture is evolving into something different than the physical world. It originally hatched from the gaming community where players belong to a specific league and play together to know each other. The NFT community is similar in nature with a more specific goal on the product such as NFTs to improve each member’s feeling of belonging.

 

Branding Feature

NFTs will evolve into a branding bridge between traditional companies and Web3. Such branding is building a strong community that can back its brand and involves events to receive incentives. Such branding like Apple portraits itself as a driver of innovation and design excellence. NFTs can push such branding into the next level with open interaction of users and receiving their support from them.

 

In Conclusion

Web2 companies are preparing the future to join Web3 through NFTs as a bridge. Branding technology will be revolutionized through NFTs. 


This article is also published in Cryptologist as parnership publication.

Photo by Marta Rastovac on Unsplash
Note: the post was shared on multiple platforms here.

You can refer my previous article lists here
Digital Commodities- the Unlimited Resources of Commodities Has Born
Universal Income in Crypto Way
DeFi 1.0 is Officially Dead - Welcome to DeFi 2.0
NFT Has a New Purpose
How Many Ads Are Too Much - Floki Inu Ads Got Backfire
Metaverse - Second Life Era
Bitcoin ATM Adoption and Its Potential Security Vulnerabilities
When Corporations Are Running By Everyone
The Fundamental Value Is Irrelevant
Coinbase At Huge Reputation Crisis
CBDCs' Flaw Design
Regulations Start Hitting Crypto Exchanges
From Bitcoin Standard To Zero-Knowledge Proofs - Decentralization 2.0
Shiba Hits 1 Million Users (Army) Milestone: What is Next?
How To Avoid Crypto Scammers
Crypto Philanthropy
Shiba Game - When Meme Meets Metaverse
Twitter CEO Steps Down - A Full-Time Bitcoiner
Change of Macroeconomy Landscape
CBDC Is Losing The Game
Crypto AWS
Doge The Future
El Salvador's Bitcoin
Market Sentiment Has Changed
Brief History of Ethereum and How Ethereum 2.0 May Over Promise
Crypto Is Getting Real
Who Cares If Craig Wright Is The Real Satoshi
Institutional Investors vs. Whales
What Happened In BadgerDao
A Proposal To Move Bitcoin Mining PoW Away
IMF Keep Crying Out, Crypto Adoption Keep Accelerating
Dogecoin Is Back to Top 10 But The Moon Shot Is Looming
How to Avoid The New Wallet Scam
Defi Enters To Crypto Bond Phase
What Types of Metaverse You Want
Global Regulations Are Coming Or Can They
IMF Did Have A Plan to Run Global Regulations
Doge Starts Moving
A New Malware Will Steal From Telegram
Smart Money Is Out, Institutional Money Is In
Wait, Web3 or Web 3.0 or web3
Airdrop?! Not So Lucky Anymore!
2022 Prediction #1: L1 Scalability
2022 Prediction #2: L2 Bridges
2022 Prediction #3: Zero-Knowledge Proofs or ZKPs
2022 Prediction #4: Regulated Defi On-Chain KYC
2022 Prediction #5: Institutional Crypto Adoption
2022 Prediction #6: Defi Insurance
2022 Prediction #7: NFTs-Based Communities - DAO 1.5
2022 Prediction #8: Metaverse and NFTs
2022 Prediction #9: Web2 Companies’ FOMO
2022 Prediction #10: Time for DAO 2.0
Craig vs People
Polygon Enters ZKPs - Plonky2
Crypto.com Backfire - When Centralized Crypto Service Panic
Coinbase NFT Marketplace
Crypto Paycheck
Coinbase Customer Service Alive
When Meta Patented Metaverse
When You Want Someone Forget About What You Did, Just Change You Name
When YouTube Enters Into NFTs
Facebook Just Did the Rug Pull
-------------------------------------------------------------------------------------
Disclosure: The article was written by a delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters. You should not believe any words this author wrote or you may experience similar symptoms or even possibly become a nut job.

How do you rate this article?


22

0

xuanling11
xuanling11

A delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters to write with a freestyle.


Crypto Learning
Crypto Learning

All article was written by a delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.