I’m thrilled to announce our new Web 3 training facility at Metacademy.xyz. Together with our partners, Blockchain Foundry and Catbotica, we’ve created a free-to-use, risk-free hands-on tutorial that will teach you the correct way to set up a crypto wallet, mint your own NFTs, learn how to buy and sell them, and much, much more.
At Metacademy, you’ll get a solid handle on cryptocurrency and the emerging world of decentralized finance (DeFi), learn the difference between Web 2 and Web 3 sites, explore the metaverse and its underlying technologies, and learn how to collect data using decentralized tools.
Metacademy is offered completely free of charge. It is also risk free, because you’ll be using “test crypto” to do all of the coursework.
Earn While You Learn
We’ve tried to make this journey simple, informative, educational, fun, and rewarding. As you finish each chapter, you’ll be rewarded with NFTs that you can redeem for real-world value. Metacademy is an “earn while you learn” platform. It is designed to help you apply the new Web 3 “engage to earn” paradigm to your own projects.
Share in the Value You Create
Web 3 will empower creators and users to share in the value they create. This is the magic of Web 3. During your Metacademy experience, you’ll create value for yourself in the form of new knowledge that you can use to enhance your business or create new businesses. You’ll also create value for The Palmer Group, Blockchain Foundry, and Catbotica, because you will credit us with helping you acquire this new knowledge.
As you engage in Metacademy, you will be rewarded with badges, NFTs, and opportunities to meet others who share your interest in new forms of value creation. You will gain access to new communities of interest, communities of practice, and communities of passion, and you will acquire onchain NFTs that you can sell or trade.
How Is This Value Exchange Different?
How is this value exchange different from current advertising and marketing paradigms or different from your normal job? After all, you have been translating the value of your intellectual property to wealth through every job you’ve ever had. We all have. We’re so used to renting our brains to our employers that it’s hard to wrap our brains around new organizational principles. But this is the promise of Web 3 and what the metaverse can evolve into.
Metacademy will help you dig into the foundational principles of Web 3 and DeFi. You’ll learn how these technologies will democratize finance as profoundly as the personal computer democratized information. Looking at the Apple II+ or the first IBM-PC, could any of us have imagined the impact the technology would have just 40 years later?
Web 3 won’t evolve along a predictable path, but it is sure to change the way we think about data ownership, money, and the creation and transfer of value.
Here’s what you’ll learn
- Installing and configuring Metamask (and a hardware wallet)
- How to stay safe in the wild world of Web 3
- Connecting Metamask to a website application (dApp)
- Obtaining tokens from a faucet (Test ETH)
- Approving sites to spend tokens
- Minting generative NFT tokens by redeeming chapter codes
- Understanding NFT token details and metadata basics
- Inspecting metadata to understand its relationship to rarity
- Transferring NFTs between addresses
- Web 2 versus Web 3
- Using your NFTs to earn rewards in the physical world (converting value)
- Understanding DAOs (decentralized autonomous organizations)
- Understanding exchanges (centralized and decentralized)
- Liquidity pools, yield farming, and derivatives
- Cross-chain tools and techniques
- Understanding the Metaverse
This Is Just the Beginning
Metacademy will be updated weekly, so you’ll always get the latest information and be learning the most up-to-date techniques. You can also sign up for our weekly newsletter, which will cover the world of Web 3.
We’re planning a mid-February beta launch. Click here to get on the notification list, and join us as at Metacademy as we explore the metaverse and beyond.
Author’s note: This is not a sponsored post. I am the author of this article and it expresses my own opinions. I am not, nor is my company, receiving compensation for it. I am not a financial advisor. Nothing contained herein should be considered financial advice. If you are considering any type of investment you should conduct your own research and, if necessary, seek the advice of a licensed financial advisor.