Gm Koii folks, hope you all are well. The first round of the #Koiiwave competition has ended and the second round is just beginning. If you want the chance to win some really cool limited edition Atomic NFTs then check our twitter for details on how to enter 👀

https://twitter.com/KoiiNetwork/status/1516432356474818567?s=20&t=hSDYeJ2SvA4Jp5SDlTTjZA

🕸The transition from Web2 to Web3 is inevitable and as the demand for decentralization gains momentum, several important questions are being raised about the current state of blockchain technology and its promised “decentralization.”

📊Web2 is now at its peak in terms of centralization, from data monitoring and social media platforms censoring to banning users without valid reasons, there’s no shortage of problems that need to be resolved by Web3.

🔥And, when a network is censorship-resistant, information travels freely and people can connect and transfer value without boundaries. Web3 gives us back the freedom that we are currently paying for using Web2 and that’s why it is such a powerful force.

🤝Web3 gives control to the people and provides access without locking anyone out, as it's decentralized and there is no centralized point of control. Web3 helps fulfill human potential and empower freedom.

🎯With AGV we challenge what the current system looks like and foster an environment where we cooperate to make true decentralization happen, Web3 will provide us a better version of the Web as we know it.

🗣Spread the word: https://twitter.com/AstraGuild/status/1526129506700128256

👥 Official Channel Links: Website | Facebook | Twitter | Discord | Telegram | Reddit | Medium

📈The various fields where smart contracts finds its applications in DeFi:

—Digital Identity
With DeFi, smart contracts can help counterparties learn about the individual without knowing their true identity or verify transactions. This frictionless KYC can help improve interoperability, resilience, and compliance — all with the use of smart contracts.

—Loans and Mortgages
Smart contracts can help improve the financial services, including mortgages and loans and ensure that the whole process can be completed in a friction-less way.

For instance, to handle a mortgage a smart contract can be created to manage it by tracking the payments and releasing the property when the whole loan is paid off.

—Supply Chain Management
Smart contracts can be used to track items within the supply chain with full visibility and transparency. A business can use smart-contract-powered supply chains and improve its inventory tracking to a granular level and enhanced tracing results in fewer frauds and thefts.

—Trading Activities
In this case, the middleman or broker is removed, and his work is automated with the smart contract. This removes the additional cost related to them. There are many companies using smart contracts for this purpose.

📑“Smart contracts are essential for our economy as they can provide the necessary automation for decentralized platforms. Smart contracts provide a unique way of solving problems, including trading activities, clinical trials, insurance, loans and mortgages, and so on!”

🗣Spread the word: https://twitter.com/AstraGuild/status/1532711295073415168

👥 Official Channel Links: Website | Facebook | Twitter | Discord | Telegram | Reddit | Medium

🎲Play2earn is part of the next step of gaming’s evolution. This new model is on decentralised space and empowers gamers to earn and own their in-game assets.

🧩Play2earn uses NFTs to expand the idea of gaming economies. They encourage users to play, create and sell in-game assets as NFTs on the marketplace and improve the gaming experience for gamers while providing new income streams for them.

💸Most of these play2earn platforms offer in-game crypto rewards that ensure that the players are financially rewarded. The entry for most of the games is simple. They can be accessed by either downloading the specific app or log into their gaming portals.

🪙Minimum tokens are required to start playing any of the games. In most of the games, the players are required to create a character, which can be upgraded using the earnings within the game and later can be sold as NFTs.

📈From the chance to generate new income sources, to the ease of transactions, the ability to play anywhere, and the AGV guild is making it even simpler by lending out expensive NFTs to the players who otherwise can’t afford them.

🗣Spread the word: https://twitter.com/AstraGuild/status/1537722205328801792

👥 Official Channel Links: Website | Facebook | Twitter | Discord | Telegram | Reddit | Medium