Entry Strategies for Web3: How GainFi Empowers Your Journey

Kyle Huang
GainFi
Published in
3 min readApr 30, 2024

In the wake of recent developments such as the approval of the U.S. Bitcoin spot ETF, the rise of Solana, experimental innovations around blockchain architecture, and advancements within the Bitcoin ecosystem, there is a noticeable heating up in the cryptocurrency sector.

New projects deeply embedded in AI, Depin, and RWA, like GainFi, are beginning to make their mark in the market. With more investors and participants eager to enter the cryptocurrency space — viewed by many as a ticket to the future world — the question arises: how can newcomers quickly learn about this rapidly evolving field?

1、Education and Research:

The three core concepts of Web3 are decentralization, smart contracts, and transparency with immutability. Decentralization is achieved through blockchain technology, which distributes data storage across multiple nodes in the network rather than centralizing it in a single server or database, enhancing system resilience against attacks and data security. Transparency and immutability ensure that all transactions on the blockchain are open and transparent; once recorded, the data cannot be altered or deleted, thus guaranteeing the traceability and reliability of transactions. Smart contracts are self-executing contractual states, which operate on the blockchain without intermediaries, automatically handling transactions and significantly enhancing the functionality and flexibility of blockchain applications.

In addition to the basics, there are several key technology principles in Web3 you should fully understand, including the consensus protocol, mining, and decentralized finance (DeFi). I highly recommend starting with Satoshi Nakamoto’s white paper on Bitcoin, which lays the foundational concepts for blockchain technology. If you have a technical background, engaging with open-source projects can also be a highly effective way to deepen your understanding.

We realize that grasping all the key functions of Web3 can be quite challenging for beginners. To make learning easier and more enjoyable, we encourage you to follow our Medium blog. There, we will thoroughly and entertainingly introduce the concepts of Web3, helping you understand them in a more accessible and engaging way.

2、Stay Updated with the Latest News

Web3 is rapidly evolving in terms of technology, business models, and DeFi, which can be challenging for beginners to keep up with and gain the latest insights. To stay informed, the best approach is to follow the official channels of innovators directly.

For now, I highly recommend that you continue to follow GainFi’s official channels, including our Twitter, Discord, and Telegram. By doing so, you’ll not only stay updated on our intriguing Web3 AI Fitness App but also engage with other Web3 enthusiasts, receive various bonuses, and even collaborate with our team through multiple ongoing functions!

3、Get Involved in DAO

DAO is an organizational form that utilizes blockchain technology, centered around the principles of decentralization and code as law. Unlike traditional organizations, DAO lacks a centralized management structure and instead operates through smart contracts that automate rules for governance and operations. DAOs are considered a critical component of the Web3 infrastructure, supporting remote collaboration and particularly suited to open-source projects. They offer an open, free, and fair way of organizing, fostering cooperation and sharing.

To join GainFi’s DAO, you can engage with our community on our Telegram and Discord groups, or communicate directly with our development team during our weekly AMA sessions. You can also become a student ambassador to play a key role in our community and earn additional bonuses.

4、Try Play-to-Earn Model

As previously introduced, GainFi is a GameFi platform with a typical Play-to-Earn (P2E) model, where players can earn tokens and NFTs by playing games. By actively participating in our app and achieving your fitness goals with high quality, members can earn our tokens as well as NFTs. Engaging with GameFi is one of the most exciting ways to get involved in Web3, as users can truly grow alongside the app.

5、Do Your Own Research:

Investment is the most classic approach in Web3, where users can generate wealth by capitalizing on technological trends, their understanding of the market, and their knowledge of the ecosystem, thereby achieving significant returns on investment (ROI). However, investment, especially in emerging markets, is also associated with high risks.

Therefore, the best approach is to do your own research. Currently, GainFi is offering an opportunity for people to mint our Pump Master NFT for free on our website and has also started a pre-sale of our tokens. This is a great opportunity to grow with us!

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