Decentralized Finance (DeFi) & Metaverse for Beginners

2 Books in 1 2022: The #1 Guide on Investing in Cryptocurrency, Bitcoin, Ethereum, Smart Contracts, Blockchain Gaming, Virtual Reality, NFT

By: Dave Shamrock, Justin Sonnen

Narrated by: Tom Brooks

Decentralized Finance (DeFi) 2022

Cryptocurrency's promise is to make money and payments all around accessible to anyone, regardless of where they are on the planet. The decentralized finance (DeFi) or Open Finance development makes that promise a stride further.

Imagine a global, open option in contrast to each financial service you use today—investment funds, loans, trading, insurance, and more are accessible to anybody in the world with a cell phone and internet connection. This is presently conceivable on smart contract blockchains like Ethereum. Smart contracts are programs running on the blockchain that can execute consequently when certain conditions are met.

These smart contracts empower developers to work undeniably with more modern functionality than essentially sending and accepting cryptocurrency. These projects are what we currently call decentralized apps, or dapps.

You can think about a dapp as an app that is based on decentralized innovation, instead of being built and constrained by a solitary, unified substance, or organization. Become accustomed to this word, dapp, you'll be seeing it a ton from now into the foreseeable future. While a portion of these concepts may sound cutting edge, automated loans negotiated straightforwardly between two strangers in different parts of the world, without a bank in the center a large number of these dapps are now live today.

There are DeFi dapps that permit you to make stable coins (digital currency whose worth is fixed to the US dollar), loan out money and earn interest on your crypto, apply for a loan, trade one asset for another, go long or short assets, and carry out computerized, advanced investment strategies.

Metaverse for Beginners 2022

When people talk about the future, they usually mean virtual reality. The reason is that when you say "the future", most people think of science fiction, and nearly all SF takes place in a virtual space. The word metaverse is actually an old term for cyberspace—the virtual environment that exists on computers. So you could argue that the metaverse and cyberspace are virtually the same things.

The word metaverse originally meant just one thing: a synonym for the word "universe". Now it means a lot of things, some contradictory. Metaverse has the slick ring of the future around it, but in reality, it refers to past or present realities, not just a future vision. The term is thrown around so much that you can't trust what it means. What we call the metaverse might be better termed the internet-on-steroids or something more accurate and less sexy-sounding!

The metaverse is a little bit like virtual reality, except not quite. It's a confusing term these days. That's because, in the '90s, Neal Stephenson (of Snow Crash fame) imagined the metaverse as a network of connected 3D spaces that users could interact with using VR goggles and haptic feedback devices.

The metaverse is the general term for all digital universes being connected. We are just starting to build these worlds, and it’s easy to get sidetracked by the technologies that we’re using to build them, which are sometimes quite new. Just as an aside, remember how every startup in 1983 used a Commodore 64 as its main computer? Even with that amazing machine, no one really predicted anything like what the internet would become.

Hey everyone, I'm doing a think piece that looks at the future of VR. I'm really interested to hear from people on this one! What would you like technology to do for you in the metaverse? What new activities and experiences do you most want developing? The main aim of this piece is to get a better understanding of what we actually want the future.

©2022 Dave Shamrock and Justin Sonnen (P)2022 Dave Shamrock and Justin Sonnen

well-written and well-narrated

Wow, this is such a perfect books that I've been looking. It's been a long time I want top invest in NFT but after reading this book I understand a lot of aspects. I'll probably start my journey here. Thanks to you Dave and Justin!

5/5

what a nice pick! I didn't regret buying this book.
The content is just perfect for a beginner and I easily understand the terms and important things to note when investing in crypto and such.

love it

great book so far. I bought this for my dad who loves to listen to audiobooks. Very good content, it's easy to understand.

kudos to the author

There's never been a perfect book to guide you on investing in modern world. I've learned a lot!

Such a great help

I wanted to learn more about the DeFi and Metaverse, so I bought this 2 books in 1. Everything was quite cear to me. Learning about NTFs, Cryptocurrentcy, Bitcoin, Etherium, Smarts Contracts, Blockchain Gaming, Virtual Reality, and their importance, as well as how to invest and where to invest, is significant. I really enjoy the segment on recognizing and dealing with potential obstacles. What's even better is that your learning doesn't have to end there. The writing is of high quality, which I appreciate

Great introduction to DeFi and the Metaverse

A great general introduction to DeFi and the Metaverse, with plenty of content geared toward non-technical listeners. This is a good place to start if you're new to DeFi and the Metaverse.

perfect book for learning Decentralized Finance

I have tons of knowledge gained here. Great job to the author for making this book and share the importance of the Do's and Don'ts when investing in Metaverse and Crypto.

awesome investment book

awesome book to learn metaverse investing. this is such an asset for beginners like myself.

perfect bundle

wew! I never thought that crypto investing and metaverse is hard! phew! But thank God I found this book!

Decentralized Finance

Great book to learn where to invest your money without taking the highest chance of losing. Very well explained!