Description
This book is aimed at all readers who want to familiarize themselves fundamentally with the web3, the Internet of Value. It provides an introduction to the decentralized world of blockchains, smart contracts, new applications of tokenization and decentralized organizations.
After explaining the essential features of distributed ledger technologies, the advantages and disadvantages of the new technologies are discussed.
Tokens are the new digital assets on the blockchain. The author develops a new, clear-cut token classification. Also, a profile of digital web3 business models is presented for the token economy.
With cryptocurrencies and tokens in general, another topic arises: Decentralized Finance (DeFi) deals with the functions of new proprietary payment systems, new passive income types in the DeFi system of cryptocurrencies, and the financing of blockchain companies with ICO and STO.
With DAO, future fully automated companies on the blockchains, the author addresses a little-known and rarely discussed topic. The highly topical issue of the legal certainty of the token economy and DAO start-ups is also addressed. A well-founded overview is provided of the extent to which the web3 is already anchored in the legal systems.
The book concludes with an outlook on the future of blockchains.
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ISBN 978-3-9826589-3-3