The most important questions for getting started on the Web3

Web3 refers to the third evolutionary stage of the Internet, which is intended to create a decentralized, open and interoperable World Wide Web. In doing so, Web3 builds on the progress of Web1 and Web2.

In contrast to Web2, which is characterized by social media platforms such as Facebook, Instagram or Twitter, the focus in Web3 is on proof of ownership on the Internet.

In Web3, users can interact and transact directly with each other without intermediaries. This enables new forms of online collaboration, exchange, and commerce where users own and control their data and digital assets.Web3 is still in its early stages of development, but it promises to create a more equitable, open, and secure Internet for all.

NFT stands for Non-Fungible Token and is a unique and digital asset that represents ownership of a specific item or content, such as an image, video, audio file, or other digital medium. Unlike cryptocurrencies, which are fungible and exchangeable, NFTs are unique and cannot be replicated or exchanged on a one-to-one basis. NFTs are stored on a blockchain that provides a secure and transparent registry for ownership and transfer of the token. This enables the creation of a new type of digital asset that can be bought, sold and traded as a collectible, creating a new market for digital art, music and other forms of digital content.

The metaverse refers to a virtual world or collective space where people can interact and engage with digital assets in a seemingly real environment. It is a concept of a virtual universe that is not limited to a single virtual reality platform, but is a network of interconnected virtual spaces where users can interact with each other.

The metaverse can encompass a variety of experiences, including virtual reality, augmented reality, and other immersive digital environments. It is intended to be a seamless, persistent, and accessible virtual space where people can interact with each other and with digital goods in ways that resemble the real world.

In the Metaverse, users can own, create, and trade virtual goods such as real estate, digital art, and other unique items. All of the virtual items are based on NFT technology.Users can also participate in a variety of activities and events, ranging from socializing and gaming to e-commerce and education.

The Metaverse is still in the early stages of development, but it promises to create a new form of digital society and economy in which people can interact and conduct business in a virtual world.

A wallet is a decentralized and digital storage for digital assets such as NFTs. Unlike traditional wallets that are controlled by centralized entities, Web3 wallets are decentralized, which means that users have full control over their private keys and digital assets. This provides a more secure and private way to store and manage digital assets, as users do not have to entrust their private information and assets to a single entity.

For anyone who wants to participate in the Web3 ecosystem, a wallet is an important tool, as it gives users full control and ownership of their digital assets.

The buyer needs a wallet to which the NFT is transferred. There must be enough Ether (currency of the Ethereum blockchain) on the wallet itself to make the purchase. The most popular provider is Metamask.

This is always calculated individually, as the scope of an NFT project can vary greatly. In addition, it may be that only a part of our services is relevant for the completion of the overall project. Contact us here for a no-obligation consultation.