🗝️Web 3

Web 3.0 is still evolving and being defined

Our mission is to nurture cutting-edge applications for decentralized web software protocols, that we can connect with the world of sports.

FWC community believes in an internet where:

🚨Users own their own data, not corporations

🚨Global digital transactions are secure

🚨Online exchanges of information and value are decentralized

An Experiment in Web 3.0 Community Building

It may be too early to say what impact internet communities will continue to have on the world, but they’ll likely be monumental. Why? Because they can traverse all cultures, are more popular than ever before, and technological advances have amplified their global reach and potential impact.

The FWC team acknowledges that humans crave social connection and community, which was heightened during the COVID-19 pandemic. Thousands of studies have shown that being socially connected is the human brain’s lifelong passion - it’s essential for our physical and mental health. For example, a meta-analysis by Brigham Young University showed that a lack of social connection is akin to smoking 15 cigarettes a day or having an alcohol use disorder. Recent world events have demon- strated the detrimental effect on our health when removed from our communities; however, they’ve also accelerated a growing trend of people finding a connection and meaning via an internet commu- nity. Consider that Reddit.com is the home to more than 130,000 active communities, 76% of internet users participate in at least one online community, and more than 1.8 billion Facebook users engage with online communities every month.

With our need for belonging and the rise of online communities, FWC has intentionally positioned itself as one of the earliest iterations of a decentralized, experimental community amid the rise of the user-owned Web 3.0. While this may mean that the road ahead is undefined, the path is unpaved, and the possibilities are endless. Because FWC believes in the future of Web 3.0, the BscScan ecosystem, and internet communities, FWC intends to push the limits of Web 3.0 communities by building a community for those new to and familiar with this emerging asset class. FWC also remains concen- trated on developing sub-communities that allow people to make life-long connections that extend beyond a mutual affinity for crypto.

Under a centralized Web 2.0, tech behemoths, like Facebook and Google, can generate billions in ad revenue by advertising directly to their users. Few realize it, but these tech giants are worth billions because of the size of their community. However, the rise of Web 3.0 has now enabled communities to extract and impute their value on a decentralized, freely accessible digital asset. Under this new paradigm, the community collectively decides its direction, worth, and what has value. This notion of ascribing value to an asset irrespective of its underlying intrinsic value is known as "value consensus," and it's a phenomenon that is just getting started.

Not only has Web 3.0 given rise to a new type of community, but a new type of money. New and emerging forms of currency exist within the world of digital assets, with bitcoin currently standing as the most successfully decentralized, provably scarce, hard, digital money. While governments have decided for centuries what is money, the advent of digital assets has put the power back in the hands of the people. Though not all cryptocurrencies will stand the test of time, and many will experience extreme levels of volatility in their rise to prominence, technological developments and the rise of digitally native generations indicate that multiple digital currencies will be adopted and will become integral to the broader cryptoasset ecosystem.

Conclusion

For centuries, governments have decided what does and doesn’t have value for their people. Howe- ver, the rise of internet culture and Web 3.0 has put the power back in the hands of the people, has enabled communities to arrive at a consensus as to what has value, and has allowed people from all over the world to come together to have a lasting impact. Not only that, but the rise of memes, the birth of sport coins & community coins, and the emergence of BscScan have opened an entirely new opportunity for FWC to capitalize on the aforementioned realities. FWC is set to lead the charge on Web 3.0 community building, prove to the world that we’re the most efficient and hardest of sport money in existence, and also assist in onboarding the next wave of BscScan users by serving as the ecosystem’s ambassador and trusted community for getting up to speed with all things crypto. In turn, we plan to prove to the world that Football World Community is more than a Web 3.0 community coin, we’re community.