# Your Web3 Wayfinder

> Why Fall Down the Rabbit Hole When You Can Take the Stairs?

**Published by:** [IndyPen CryptoMedia](https://indypen.xyz/)
**Published on:** 2023-06-28
**Categories:** blockchain, crypto, crypto-101, featured, web3, web3
**URL:** https://indypen.xyz/your-web3-wayfinder

## Content

Article and Cover Art by Trewkat | Edited by Hiro KennellyWhen you’re new to web3, the array of ideas and online platforms you are suddenly exposed to can be daunting. Even if you just want to lurk for a bit while you learn and absorb, there are some fundamental concepts you’ll need to get familiar with. To make your path a little easier, start with the following set of articles from Bankless Publishing. Think of this as your reading list for a web3 essentials course; you can cherry pick or go from start to finish in the way that suits your available time and energy. Topics covered include:What is web3 all about?What is a blockchain anyway?CEX, DEX and DeFiCrypto walletsNon-Fungible Tokens aka NFTsWTF are DAOs?What Is Web3 All About?People are attracted to web3 for a variety of reasons, but some of the concepts which seem to hold broad appeal relate to privacy, self-sovereignty, and the pursuit of public good. Check out these articles for an overview of the key ideas:The Core of Crypto Is Punks and PrinciplesWeb3 Enables Coordination Without HierarchyReinventing Economics With ReFiThe World Of Web3What Is a Blockchain Anyway?Blockchain technology is pretty.. well.. technical. Luckily you can go gently with these easy-to-read explainers:Distributed Ledger Technology 10114 Blockchain BasicsAlternative L1s: PolkadotThe Environmental Impact of The MergeCEX, DEX and DeFiAs much as this might sound like sex, drugs, and rock ’n’ roll, it’s not, quite. However, there are some parallels — like protecting your assets, knowing the things you should only do sparingly, and keeping really good records. In short, CEX stands for Centralized Exchange, DEX stands for Decentralized Exchange, and DeFi is short for Decentralized Finance. Here are some greatest hits:The Importance of Self CustodyDEX Aggregator BasicsDialing in Decentralized Finance7 Etherscan BasicsCrypto WalletsThis might be the most important part: once you decide it’s time to buy some tokens or set up a web3 wallet for any purpose, it’s crucial that you understand the risks and follow safe practices.Cryptocurrency Wallets 101What To Do if Your Web3 Wallet Is HackedSafe Access to the Digital UniverseWeb3 Privacy Begins With Your RPCNon-Fungible Tokens aka NFTsNon-fungible token takes too long to say, so just go with ‘NFT’. The non-fungible part is tricky to remember, but it really just means the token is unique — not like-for-like replaceable in the way a dollar coin or even a bitcoin would be. NFTs open a world of possibilities around associating various rights with onchain digital assets.The 101 on NFTs, A BriefingThe Utility of NFTs for BeginnersThe Most Expensive NFTs in HistoryUltimate NFT Red Flag ChecklistWTF Are DAOs?Another phrase that takes too long to say, and also isn’t really the best descriptor, is Decentralized Autonomous Organization. The web3 community has shortened this to ‘DAO’ — pronounced similarly to ‘dow’. DAOs are organized communities which operate through decentralized decision making which is usually based on some kind of token ownership.4 Simple Steps on How to Join a DAOFour Factors That Make a DAO Sticky7 Essential DAO SkillsUpdating the DAO Operating SystemIs That It?No, that is by no means it. There is so much more to the web3 ecosystem — much more than one person can realistically keep up with — but finding your niche is half the fun. Here’s some more easy reading which might spark some ideas about where your passion lies:12 Crypto Predictions For 2023The Crazy World of BitcoinCrypto Twitter Talks 2023 TrendsHow Web3 Writers Do ResearchBanklessDAO’s mission is to help people access and understand the tools to go bankless — in other words to get on board with decentralized financial technologies and embrace the web3 ethos of self-sovereignty and freedom from censorship. Whether you‘ve counted 20 or 60 turns around the sun, this is one revolution you won’t want to miss.Author/Designer Bio Trewkat is a writer, editor, and designer at BanklessDAO. She’s interested in learning about crypto and NFTs, with a particular focus on how best to communicate this knowledge to others. Editor Bio Hiro Kennelly is a writer, editor, and coordinator at BanklessDAO, an Associate at Bankless Consulting, and is still a DAOpunk.BanklessDAO is an education and media engine dedicated to helping individuals achieve financial independence. Bankless Publishing is always accepting submissions for publication. We’d love to read your work, so please submit your article here!This post does not contain financial advice, only educational information. By reading this article, you agree and affirm the above, as well as that you are not being solicited to make a financial decision, and that you in no way are receiving any fiduciary projection, promise, or tacit inference of your ability to achieve financial gains.More Like This Lessons From a Crypto Grandad: Part I by Paul Hoffman Building the Future Together in Web3 Communities by Boluwatife Soyemi Remittances Are Ripe For Change by Craig Schuster

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