Get familiar with Web 3.0 vocabularies.
✓DApps
DApps are decentralized applications that exist and run on the blockchain. They are not controlled by any single entity unlike the traditional normal apps.
✓DAO
DAO are decentralized autonomous organization that has no single entity in charge, nor any directory board and is operated entirely by its community members.
✓DeFi
DeFi stands for “decentralized finance,” it is also known as open finance. It is a financial system that operates without a central authority. Rather, transactions would be governed by smart contracts and other peer-to-peer (P2P) technology.
✓NFTs
Also known as non-fungible tokens, are digital assets such as art, music, in-game items and videos etc that can be bought and sold using this blockchain technology.
✓Metaverse
The metaverse is essentially a merging of virtual, augmented, and physical reality made possible by technology such as VR, AR, 3D reconstruction etc.