What are DAOs and how do they work?

What are DAOs and how do they work? Why and how you should get involved in DAOs My path into Web3 In early 2016, I began my own journey down the crypto rabbit hole with two simple yet distinct choices: allocate my savings account towards the traditional home renovation project, or use it for my first significant foray into the realm of relatively new, decentralized “financial instruments,” namely Bitcoin and Ethereum....

7 min · 1389 words · Gerald Woods

What are dark patterns, and how do they affect you?

What are dark patterns, and how do they affect you? Dark patterns can be dangerous and manipulative Why dark patterns matter The inability to unsubscribe from service results in a specific monetary harm: It makes people spend money they didn’t intend to. But dark patterns can cause other kinds of harm, as well. These can take the form of emotional manipulation, like when a site places a countdown clock on an offer to accelerate a customer’s decision-making, even though time has no bearing on the sale or the use of the product or service....

2 min · 323 words · Ashley Fisher

What are dark patterns, and how do they affect you?

What are dark patterns, and how do they affect you? Dark patterns can be dangerous and manipulative Why dark patterns matter The inability to unsubscribe from service results in a specific monetary harm: It makes people spend money they didn’t intend to. But dark patterns can cause other kinds of harm, as well. These can take the form of emotional manipulation, like when a site places a countdown clock on an offer to accelerate a customer’s decision-making, even though time has no bearing on the sale or the use of the product or service....

2 min · 323 words · Joshua Maldonado

What are the pitfalls of investing in cryptocurrency?

What are the pitfalls of investing in cryptocurrency? Volatile markets, no regulation, and a host of sketchy financial products make investing in cryptocurrency a little like playing the lottery. What Is Cryptocurrency? Cryptocurrencies are byproducts of blockchain networks and vary widely in purpose and value. Bitcoin, the most well-known digital currency, is illustrative of how the technology works. A blockchain is a cryptographic system designed to record information — in bitcoin’s case, financial transactions — across a distributed network of computers in such a way that the information can’t be faked, censored, or controlled by a central entity like a bank....

9 min · 1809 words · Terry Grant

What are the pitfalls of investing in cryptocurrency?

What are the pitfalls of investing in cryptocurrency? Volatile markets, no regulation, and a host of sketchy financial products make investing in cryptocurrency a little like playing the lottery. What Is Cryptocurrency? Cryptocurrencies are byproducts of blockchain networks and vary widely in purpose and value. Bitcoin, the most well-known digital currency, is illustrative of how the technology works. A blockchain is a cryptographic system designed to record information — in bitcoin’s case, financial transactions — across a distributed network of computers in such a way that the information can’t be faked, censored, or controlled by a central entity like a bank....

9 min · 1809 words · Antonio Nelson
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