Web3 technologies enable the creation of new, innovative apps that can have a profound effect on the way we do business, cooperate, and innovate. Nadja Bester, a South African-born entrepreneur and co-founder of the Engage to Earn investing platform AdLunam, has started on an attempt that will demonstrate the diverse applications of these technologies and their potential to disrupt multiple industries.
The ambitious project “Web3 Explained” by Nadja Bester intends to redefine how people comprehend and interact with Web3 technology by creating the first fully immersive Web3 book. Bester will try 12 brand-new uses for such technology each month for a period of 12 months and document her adventure. From the publishing industry to marketing, community building to psychedelic research, Bester’s initiative will demonstrate how Web3 technology can be used to transform society in a variety of contexts.
Bester offers visitors on a journey through the different applications of Web3 technology using DAOs, the metaverse, artificial intelligence, and NFTs to provide coverage on Web3’s various uses. Bester publishes daily vlogs and weekly newsletters to keep readers abreast of the project’s development, and interested parties can participate in experiments to shape the case studies.
This January, Bester will use Proof of Collaboration non-fungible tokens (NFTs) to enable book illustrators and artists to collaborate directly with authors, bypassing the requirement for an intermediary publisher. This use case aims to demonstrate how authors and artists can collaborate in a more direct and effective manner. The project will also use generative AI art to build a collection of NFT artwork for the book’s illustrations.
Bester will demonstrate, using the same concepts as NFTs, how authors and artists may collaborate to create a work of art, using the technology to facilitate a direct agreement and payment for the artist’s services. This use case demonstrates how NFTs can eliminate the need for an intermediary, such as a publisher, and enable more direct transactions between two parties.
NFTs are one-of-a-kind digital assets that have gained popularity among book illustrators and artists. They represent a single, verifiable, and blockchain-owned digital asset. Evidence of Collaboration NFTs are a new sort of NFT that enables collaboration between authors and illustrators without the requirement for a publisher to act as an intermediary. Using smart contracts, these NFTs automatically compensate both the author and the illustrator for their contributions. This implies that authors and illustrators can work together without worrying about contract negotiations, royalty payments, or copyright violations. This will enable authors to interact directly with illustrators and establish a more efficient workflow, granting authors greater freedom and control over their own work.
Another technology that will be utilized to produce an NFT art collection that will be used to illustrate the book is generative AI art. Generative AI art is an exciting new field that merges AI algorithms with traditional art to produce breathtaking, one-of-a-kind works of art. It makes art based on a set of parameters as a sort of artificial intelligence.
The project of Bester is an innovative and ambitious experiment that will open the door to numerous opportunities with Web3 technologies. Web3 Explained will provide an unprecedented amount of insight into the capabilities of Web3 technology by incorporating such technologies. By focusing on the application of NFTs, DAOs, generative AI, and the metaverse, the project will give readers with a far more in-depth understanding of the potential of these technologies and how they can be applied across numerous industries.
With its interactive elements, usage of NFTs and AI, and Nadja Bester’s broad experience and skills in the IT industry as a founder, investor, advisor, board member, startup mentor, and speaker, the project is certain to be informative for all participants. With Web3 Explained, readers can anticipate a really revolutionary endeavor that will redefine what it means to write a book in the Web3-driven 21st century economy.
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