What are Web 3.0 Toolkits?
Web 3.0 (web3) toolkits are open source software development kits (SDKs) that are created with the purpose of providing a means for others to create Metaverse, or web3, ready DAO’s, products, services or experiences.
Web 3.0 (web3) toolkits are open source software development kits (SDKs) that are created with the purpose of providing a means for others to create Metaverse, or web3, ready DAO’s, products, services or experiences.
In our path to discovering what the Metaverse and web3 is; we wanted to understand how one could build apps, websites or services in this new space and came across web3 toolkits.
These avant-garde frameworks can be considered Metaverse-ready and web3 software developer kits (SDKs) that help creators or developers construct cohesive, cross-verse Decentralized Autonomous Organizations (DAOs) or digital products, services or experiences.
"The Decentralized Autonomous Organization (DAO) represents an innovation in the design of organizations, in its emphasis on computerized rules and contracts, but the DAO’s structures and functions also raise issues of governance. This discussion paper enumerates those issues, so as to encourage further research on DAOs and governance."
The Decentralized Autonomous Organization and Governance Issues (Usman W. Chohan 2017)
What are the Differentiating Features of Web 3.0 ?
The differentiating features of Web 3.0 (web3) are Decentralized Finance (Defi), Decentralized Governance, Self-Sovereign Identity (SSI) and the NFT Asset Class.