veda.ng

The Web3 Ecosystem: dApps, NFTs, and DAOs

Explore the applications being built in Web3, covering the three important pillars of the current ecosystem.

dApps

Decentralized apps — looks like a website but runs on blockchain smart contracts. No single company controls it.

NFTs

Unique digital tokens proving ownership — art, game items, tickets, identities. Creates verifiable digital scarcity.

DAOs

Decentralized Autonomous Organizations — groups governed by smart contracts and token-holder votes, not executives.

DeFi

Decentralized Finance — lending, borrowing, trading without banks. Open 24/7, permissionless, globally accessible.

With the foundational technologies in place, we can now look at the applications being built in Web3. This module covers three important pillars of the current ecosystem.