Web3 Investment Ideas in 2024: A Guide to Strategic Opportunities
Baffled about how to invest in web3? We crack the code on the best web3 investments for 2024 that could help you earn big. From crypto tokens to NFTs, play-to-earn gaming, metaverse land, and decentralized finance, we break down emerging opportunities to help you stay ahead of the adoption curve. Web3 Evolution: A Journey Through Blockchain's Transformative Phases In 2014-2015, the term "web3" was introduced to describe a novel concept of a decentralized internet founded on blockchain technology. This period witnessed the launch of Ethereum, providing a platform for decentralized applications (dApps) and smart contracts, thereby facilitating the emergence of various web3 use cases. The subsequent years, 2016-2017, marked an unprecedented surge in interest and investment in blockchain startups, with substantial funding flowing into web3 projects through initial coin offerings (ICOs). This era also saw the inception of Decentralized Finance (DeFi), exemplified by platfo