It’s no secret that the cryptocurrency boom of the last few years has currently ground to a halt and there are many critical voices which are already trying to put the nail in the coffin of Bitcoin and other cryptocurrencies. However, we are here to let you know that cryptocurrencies and every other blockchain-based technology are here to stay, and they are all part of a bigger picture that you need to understand in order to future-proof your technology and your revenue model. This bigger picture is Web3.
What is Web3?
Web3 is quite simply the next step in the evolution of the internet. When the internet started with only a few web-pages, those were essentially mostly static pages with text and images, made only to transmit information; this was Web1, or the “read-only web”. Web2 was the next generation of the internet, based on interactivity, social-media, and all in all user generated content, catered for the user experience. The major drawback that emerged of Web2 was that this gave the power to hold data to big companies, massing the power and knowledge on the internet to only a few major companies, now commonly known as the FAANG (Facebook, Amazon, Apple, Netflix, Google). Web3 is the next meta of the internet, the new way of modeling interactions on the web in a decentralized manner, giving the power over their own data back to the users, without needing a middle man, such as a big company to do so.
Our company, Plavno, is one of the backbones at the origins of WEB3 and has worked with giants from all industries, such as Mercedes-Benz or BelVeb Bank to provide technology development solutions. The Web3 subject is somewhat of a hot potato, with many skeptics singing its demise before it has even become mainstream, but being an early adopter on revolutionary technology is never easy. What we can be sure of, is that innovators always have an upper hand in their vision for the future, which is why Plavno has always sought to implement future-proof technology and business models. This is why even the biggest market giants trusted us to thrust their solutions into the future, and why you shouldn’t sleep on Web3 and the opportunities it brings!
How does Web3 revolutionize the internet?
Web3 quite simply aims to revolutionize the internet by decentralizing the interactions between people and businesses on the internet. It all starts with blockchain, a decentralized safe model of sharing data on the internet. This data is now no longer hosted centrally on one server administered by a big company, but is now hosted and verifiable over a number of different sources, the users. This decentralized model means that, on the one hand, users no longer rely on big companies to host their data and, on the other hand, they gain control over their own data. This applies to a myriad of fields: instead of making fiat payments that go through banks, payment processors and administrators, you can now make instant cryptocurrency payments, verifiable on the blockchain and without the need to pay any middle men and companies. Instead of buying art and tickets from retailers that monopolize the market (such as the famous case of Ticketmaster), one can now go and buy new forms of digital art, such as NFTs (non-fungible tokens) directly from the artists, including tickets and virtual experiences, such as VR events and content. Instead of using storage from big companies like Google Drive or Microsoft OneDrive, you can use decentralized storage solutions that split your data over multiple sources so that if one fails, you always have the guarantee of many others. Web3 is all about giving power and control back to the users over their own data, their modes of payment, their content, and their creations.
How can you make money on Web3?
Making money has never been easier than on Web3. From a business perspective, entrepreneurs and even just individuals can start their own businesses, monetize their own skills and provide services using the Web 3 model. You can now create your own e-commerce business based on blockchain technology, eliminating the need to pay fees to a third-party company or to create your own website in which the commercial relationship is trust-based. There is no need to question the trust between the buyer and the seller if the contract is decentralized and carried out using immutable automated codes, such as smart contracts. You can then enhance your commerce business by adding NFTs, services driven by AI, safe identity management with customer authentication mechanisms that are of unprecedented safety compared to Web2 standards. Even if you are not entrepreneurially-minded and want a more standard job, Web3 companies are currently the place to be; creating future-proof products with cutting-edge technology, a very liberal remote-based model and new benefits such as tokens, bonuses, a fast-tracked career progression, as opposed to the slow hierarchical tedium of large companies where you cannot personally make a difference. Finally, you can choose the path of creating your own cryptocurrency startup or marketplace, which is exactly what we help our clients do.
How to create your Web3 business or Web3-proof your company?
Plavno has unprecedented experience in creating Web3 IT solutions. On our last project, we helped our client save more than $400k in initial investments on the launch of a crypto-startup which reached more than 1 million onboarded users in the first year. How do we do this? The secret is in our dedicated software development team. Plavno has 14 years of experience in the field of dedicated software development. Our teams create Web3 software solutions from scratch, dedicated to each client’s needs. And it’s not only the technology that is future-proof, but also all the aspects of the business model: Plavno works on the basis of outstaffing and outsourcing projects, so that solutions can be created remotely and efficiently, taking full advantage of technical advancements in workflow solutions. We use the SAFe methodology to ensure that our work is always transparent and clear to the client, that their needs are met, and that ongoing support is provided after the finalization of the project. For us, a finished project is just the beginning!
With the emphasis on speed that today’s markets require, you would be tempted to go for out-of-the-box systems to implement your ideas. However, this quickly turns into an unsustainable solution. With a dedicated software team, you can make sure that your own solutions are implemented naturally, that you can create an ecosystem between your hardware and software, as well as sustaining the tokenized decentralized economy. By using ready-at-hand solutions, your project encounters problems such as the impossibility to turn your requirements into a final technical product, delays and additional costs in integrating third-party systems, and an overall unreliability in case your system suffers a breakdown or needs updates. By using our technicians, we can establish a long-term reliable software development partnership and make sure that your crypto marketplace is always functioning, updated with new features and most importantly, Web3 future-proof.
Join us now!
That’s the surefire way to get onto the next generation of the internet before all the skeptics and to make sure that when Web3 becomes mainstream, your business, and your ways of making revenue are already well-established and well ahead! Join us now and let us begin our Web3 journey!
