arnaud-deblander.jpeg
Arnaud Deblander
Mar 4, 2022 12:32 PM

Do you remember when the internet was only available for a few hours in your home and it was just information? Or go back in time when the internet was based on dial-up? That’s what we now call the web 1.0 era. This implies that there is now a web 2.0 and even 3.0, and we are living both at the moment! A very exciting time albeit the global uncertainty and chaos.

What are Web 2.0 and Web 3.0? How are these technologies shaping the way we live, work and play; now and the future? That’s exactly what today’s article is about!

What are the differences between Web 1.0 and Web 2.0?

Originally, Web 1.0 was simply an information portal where users passively receive information without having the possibility to react, in the form of comments or by using the now mythical, “like” button.

On the contrary, Web 2.0 encourages participation, collaboration and information sharing like Youtube, Facebook, Uber, Airbnb. We can say that we are still mostly in this phase.

The 3.0 digital revolution!

Web 3.0 is a semantic web that refers to the future with the addition of artificial intelligence. This will allow a website to improve itself by offering you the most appropriate content thanks to the words you type.

A simple way to sum up the differences between Web 2.0 and Web 3.0 without going into the technicalities—Web2.0 is two dimensional while Web3.0 is three dimensional.

The benefits of Web 3.0 are countless. The most obvious benefits are:

Ownership of information and data and security: end-users to take back complete ownership and control of their data; with security of encryption.

Open-source: More transparency and allowing everyone to participate.

Trustless: This will allow participants to interact in peer-to-peer (P2P) thus eliminating the need for a third party.

Permissionless: No need for permission from a governing body to participate.

If you are familiar with crypto projects, this should get you very excited because the potential is limitless and we are just at the tip of this big block of iceberg! Indeed, transparency and the absence of a third party are an integral part of the blockchain ecosystem.

Web 3.0 in crypto trading and investing – how to make money from it?

There are several ways to make money from this emerging technology – for those familiar with Web 3.0 and those who are Web 3.0 curious.

Web 3.0 tokens, the new hype?

While still at the early stage of development, web 3.0 has already been quite the talk of the town in the cryptosphere. As such, it is no surprise that Web 3.0 tokens have surged since August this year, albeit not as hot as NFTs.

On a year-to-date basis, tokens associated with decentralized Internet applications have seen an average 244% rise, trailing the NFT sub-sector 2,726% gain but beating bitcoin’s 37% appreciation.

In addition, NFTs have greatly attracted the attention of investors this year, sharing similarities with the hype of ICOs back in 2017.

Could it be that 3.0 tokens represent the next major opportunity in the market? It’s possible indeed but some of these tokens like Polkadot for example are already exploding.

Given the above data, needless to say, one of the easiest ways to make money from Web 3.0 is simply by buying and holding projects that are already in the Web 3.0 space. UBXT is a good example!

Algo trading in DeFi

To understand and benefit from this, first we need to look at the relationship between Web 3.0 and DeFi. To cut through the haze and noise, Web 3.0 is the internet based on public blockchain while Decentralized Finance (DeFI) is a component of Web 3.0 that is gaining steam at lightning speed!

With algo or algorithmic trading, these automated trading robots have the ability to trade crypto with great speed and volume that surpass that of humans. Once reserved for only the institutions and large corporations, algo trading bots are now accessible to the mainstream.

Needless to say, algo trading takes place on centralized and decentralized exchanges. The latter is what we will dive into. The benefits of using DeFi Algo Trading Bots are many. For one, security and privacy issues top the list. There is no need for the process of Know Your Account (KYC) and it takes place on the blockchain. With Superbots, there is another additional benefit – there is no need to pay a subscription fee to use these bots to trade for you on DeFi. You only pay a performance fee when you are in profit.

Staking tokens that are in the DeFi space

If you had missed out on our earlier article, “How to make Money in DeFi”, do give it a read. Staking is one of the ways you can earn passive income without hard work. Although not without risk (as with all investments), staking is possibly one of the lowest risk levels to invest in the crypto space; specifically staking tokens such as UBXT that has projects in the DeFi and Metaverse space.

NFTs and the metaverse

Even if you have been living under a rock, you would have heard about NFT and the metaverse by now. NFT and the metaverse are one of the best ways to get involved with Web 3.0. However, as it is highly speculative, the risk level is high. To decide if the project is worth trading or investing, a robust roadmap and ecosystem are key. A one-hit wonder NFT collectible will not cut it.

The Superbots NFT will be launching in the not so distant future. Powered by the UBXT tokens, these NFTs have a very exciting roadmap and ecosystem and it is built by the same team that had built and launched Upbots with success.

Conclusion

It could be a daunting task to digest the above if you are at an early stage of this crypto and blockchain journey but it does not have to be. In fact, at Superbots, trading and investing in the DeFi space is made easy and super fun. It mixes investing, staking with play to simplify the trading and investing process, under one platform! We do the heavy lifting so that you can sit back, relax and enjoy the gains!