Apps, tokens and shared decisions.
Connect Web3 to smart contracts and dapps, learn what an NFT identifies, then explore how DAOs and governance tokens organize decisions.
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Start this threadWeb3
A broad label for internet applications using blockchains for functions such as ownership, payments or coordination.
Smart contract
A program on a blockchain that executes defined rules when it is invoked.
Dapp
A decentralized application with important backend logic or state running on a decentralized network.
Non-fungible token
A token with an individual identity rather than interchangeable units, commonly called an NFT.
DAO
A decentralized autonomous organization: a group coordinating decisions and resources through defined rules, often using blockchain contracts.
Governance token
A token used in a protocol or organization's decision-making system.
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