Web technology has evolved tremendously over the years. The first iteration of the web was Web 1.0, which included a basic website that provided a limited or static user experience. Sometimes called the read-only web.
Then came the second web version, Web 2.0, which provided a richer and more interactive user experience. It engaged with a wider audience and witnessed the flourishing of current social media platforms such as Twitter, Instagram. Unlike web2, which is dominated by centralized platforms such as Google, Apple, and Facebook, Web3 uses blockchain, cryptography, and NFTs to bring power back to the Internet community. There are elements of Web 3.0 available today, but we still have a long way to go to fully realize them.
But given the thriving cryptocurrency market and decentralized applications, the market embodies a greater scope for the future and imagination. Bitcoin is the world’s most widely adopted cryptocurrency, with the fastest rate of adoption among developing societies in Africa. However, there are still a small number of players in the Web 3 ecosystem, and even fewer using it for special engagement.
One company doing the latter is BIB. This is a company that builds, operates and invests in Web 3 applications using the BIB Meta Platform. Amazingly, BIB Meta is the world’s first exchange with the Web3 ecosystem powered by BIB Tokens and vice versa. This is one of our competitive advantages.
Many decentralized ecological projects do not have direct access to traffic or funding. For example, DeFi, NFTs, and GameFi often operate separately within their ecosystems. Therefore, when users carry out the aforementioned operations, asset deposits and withdrawals are made through a centralized trading platform, as they are an integral part of trading. These processes are cumbersome and can strain the user experience. BIB Meta, combined with BIB Exchange, alleviates this stress, allowing users to perform multiple actions in a distributed system.
Privacy and security issues have always been a concern in Web 2.0. Many tech companies such as Google and Amazon have already been prosecuted for violating users’ privacy in order to improve their products. It’s good to know that Web3 has a natural advantage in protecting user privacy. For example, BIB Meta Web3 allows users to participate in the ecosystem without verifying their identity. All that is needed is a cryptocurrency digital his wallet that links to BIB Meta, so the user does not have to reveal personal information such as email address or phone number.
Like all other digital innovations, the Web 3 is vulnerable to cyberattacks. Therefore, BIB Meta incorporates various security prompts into its operations to protect user assets, allowing the user to confidently begin her Web3 journey using her BIB.
Importantly, BIB supports the convergence of NFT, DeFi, and GameFi to address the lack of diversity in the decentralized Web3 ecosystem. BIB does this in a number of ways, allowing users to purchase her BIB tokens to create her NFTs through token burning. NFTs can be fused to upgrade levels, and Hyster NFTs can be used as community node tickets for users to stake for attractive returns. Also, its GameFi features offer multi-dimensional gameplay, including match prediction, penalty shootouts, NFT team competition, and collection achievements.
Ultimately, BIB Exchange provides professional digital financial services to over 2 million users worldwide, with an average daily asset flow of over US$1 billion. Incrementally, BIB is committed to being the destination for users to start their voyage with her Web3.
Focus on FIFA World Cup
As the countdown to the start of the FIFA World Cup begins, Qatar will host a global showpiece in what will be the organization’s 22nd match from 21 November to 18 December 2022. Fans of all ages can’t wait to see their favorite teams battle it out for the championship.
During this year’s World Cup hype, BIB Meta will lead Meta-Fi adoption by advancing a series of non-fungible tokens (NFTs) in honor of the 2022 FIFA World Cup. NFTs can be minted, bought and sold. , trading on the platform.
According to BIB Meta’s white paper, users can purchase World Cup 2022 NFT series representing real-world players and play against each other on the blockchain in a variety of ways, including fantasy sports, Magic the Gathering, and FIFA Ultimate Team. you can profit from it. In addition, BIB Meta’s World Cup 2022 NFT Series utility will allow users to connect to the global community, have direct communication channels with their favorite footballers, and access exclusive online and offline events. .
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