Onboarding to Web3
Max Segall
|Jan 12, 2023
Privy makes it seamless for app developers to onboard all potential users to web3. From working with these end-users directly, we’ve seen a TON of appetite among newly onboarded web3 users to better understand the power of the technology they’re using.
Since I joined Privy last August, dozens of friends have asked me how to best “get up to speed” on web3. After sending several versions of this guide one-off, I decided to publish it so all of our followers can dive in!
Foundations and Infra
Understand Ethereum and how it’s different from Bitcoin (video)
Understand self-custodial wallets (video)
Set up a Metamask, Coinbase Wallet, Phantom Wallet, and Rainbow
Try getting assets from a centralized exchange like Coinbase to each
Learn about Solana (video)
Applications
Try the OG DeFi applications (Uniswap, MakerDAO, and Compound)
Seeing DeFi was what originally got me most excited about crypto
So awesome that these financial services run without humans
Buy an NFT on OpenSea (ETH) and Magic Eden (SOL)
Thought this was a solid “What are NFTs” video
Buy yourself an ENS and associate it to once of your wallets
Play Axie Infinity
Game is less popular now, but was first big play to earn game (P2E)
Gods Unchained and Immortal Game are popular today
Dig into Starkware ecosystem
Lots of gaming innovation is happening here
Learn about DAOs (video)
DM Dan Romero on Twitter to get access to Farcaster (decentralized social network)
Check out Etherscan and dive into the depths of what’s out there
Check out Zapper to make sense of your crypto portfolio
Check out Dune for easy analytics
Check out Radicle, Molecule, Autograph, Audius, Royal, and Sound for crypto apps starting to seep into new pockets of the market
Check out what traditional companies are doing in crypto (Reddit, Nike, Starbucks, Insta, Twitter)
Advanced Concepts
Learn about miner extractable value or MEV (video)
Learn about account abstraction (this is a good guide)
