Web technology has evolved tremendously over the years. The first iteration of the Web was Web 1.0, which featured basic web pages that provided a limited or static user experience. Sometimes called Web-read-only.
Then came the second version of the web, Web 2.0, which provided a richer and more interactive user experience. It engaged with a larger audience and led to the flourishing of our present day social media platforms like Twitter, Instagram, etc. Unlike web2, which is dominated by centralized platforms such as Google, Apple and Facebook, Web3 will use blockchain, crypto and NFT to transfer power back to the internet community. Although there are elements of Web 3.0 that are currently available, it still has a long way to go before it reaches full realization.
However, with the booming cryptocurrency market and decentralized applications, the market embodies a larger scope of the future and imagination. Notably, Web3 is becoming a phenomenal opportunity on par with Bitcoin – a cryptocurrency widely accepted around the world, even in developing African societies where it has seen the fastest rate of adoption. But there are still a few players in the Web 3 ecosystem, and even fewer are using them for outstanding engagement.
One of the companies doing the latter is BIB, a company that builds, operates and invests in Web 3 applications with its BIB Meta platform. Interestingly, BIB Meta will be the first exchange in the world with the Web3 ecosystem powered by the BIB token and vice versa. That is one of its competitive advantages.
Many decentralized environmental projects do not have direct access to traffic and funding. For example, DeFi, NFT and GameFi often work independently in the ecosystem. Therefore, when users come into contact with the above, it is done through centralized trading platforms because depositing and withdrawing funds are an integral part of trading. These processes can be cumbersome and burden the user experience. BIB Meta combines with BIB Exchange to alleviate this stress so that users can perform multiple actions on a decentralized system.
The issue of privacy and security has always been a concern of Web 2.0. Many tech companies like Google and Amazon have already faced indictments for violating user privacy 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 join its ecosystem without identity verification. All it takes is a digital cryptocurrency wallet that connects to BIB Meta, so users don’t have to reveal personal private information like email addresses, phone numbers, and more.
Like any other digital innovation, Web 3 is vulnerable to cyber attacks. Therefore, BIB Meta incorporates various security instructions into its operation to protect user assets so that users can confidently begin their Web3 journey with BIB.
Importantly, BIB advocates for the convergence of NFT, DeFi and GameFi to address the lack of diversity in the decentralized Web3 ecosystem. BIB does this in many ways, and users can purchase BIB tokens to mint NFTs through token capture; NFT can be merged to upgrade its level, and NFT with a high star can be used as a ticket to community nodes for users to invest and earn attractive earnings. Also, its GameFi feature offers multi-dimensional gameplay such as match prediction, penalty kicks, NFT team competitions, collection achievements, etc.
Finally, BIB Exchange provides professional digital financial services to more than 2 million users worldwide with an average daily fund flow of more than USD 1 billion. Progressively, BIB is dedicated to being the terminus a quo for users to set sail on their Web3 journey.
All eyes on the FIFA World Cup
As we count down to the start of the FIFA World Cup, Qatar will host the global exhibition from November 21 to December 18, 2022, which will be the organization’s 22nd match. Fans of all ages are eager to see their favorite teams battle it out for the championship.
During this year’s World Cup, BIB Meta will lead the way for Meta-Fi adoption by continuing with a series of non-fungible tokens (NFTs) commemorating the 2022 FIFA World Cup. NFTs are available to mint, buy, sell, and trade on the platform .
According to BIB Meta’s white paper, users can purchase the 2022 World Cup NFT series featuring real-world players and pit them against each other in various ways to win profits – part fantasy sport, part Magic the Gathering, part FIFA Ultimate Team on the blockchain. Moreover, the utility of the 2022 NFT World Cup BIB Meta Series will allow users to connect with the global community and direct communication channels with their favorite footballers and access exclusive online and offline events.
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