We write weekly about Web3, what it is, and why it matters.
The Tokenization of Real World Assets 🏠
GM Surgers!
This week in crypto…
Everything you need to know to stay on top in Web3
👯 California proposes bill supporting DAOs
California proposed DAO bill aims to clarify legalities for decentralized autonomous organizations (DAOs). It recognizes DAOs as new legal entities with a solid legal framework and updating securities laws to include cryptocurrency and digital assets.
☁️ Google is interested in kicking off Web3 projects
Google Cloud has launched a new program aimed at helping Web3 startups get off the ground - helping them with access to Google Cloud's network, resources, and expertise. This is great news for crypto entrepreneurs who are looking to take their Web3 startups to the next level.
💰 Crypto revenue to double according to studies
Crypto revenue is expected to double by 2023, according to a new report. The report also notes that trading volume on cryptocurrency exchanges is expected to increase from $11.2 trillion in 2021 to $22.4 trillion in 2023. Most of this income coming from North America and the Asia Pacific region
TLDR: Tokenization of Real World Assets
This means that people who may not have the financial resources to invest in traditional real estate can still get in on the action. Plus, tokenization can increase liquidity in the real estate market, making it easier to buy and sell properties.
But as with any new technology, there are some challenges to overcome. Regulatory issues and the need for robust security measures are just a couple of things to consider when it comes to real estate tokenization. However, despite these challenges, the potential benefits of tokenizing real world assets are huge!
-- If you want to read more about this, here's an infographic shared by Boston Consulting Group (BCG).
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Jules
Surge Women | Educating crypto users and builders 🔥
We write weekly about Web3, what it is, and why it matters.
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GM Surgers, Learning about the mechanics of what goes underneath the hood of Web3 can be highly technical and complex. It's why we've open sourced a Web3 Course to help you navigate how everything ties together. Subscribe to our Web3 Course here! We're releasing a chapter a week to subscribers for free on YouTube, starting with deep dives from our first chapter. Here’s a TLDR on what you’ll learn in Chapter 1 👇🏼 What is a blockchain and how does it work? A blockchain is a distributed,...
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