How Calyx Tokens (CLX) can contribute to Web 3.0

How Calyx Tokens (CLX) can contribute to Web 3.0

Since its inception, the World Wide Web has revolutionized the way we live our lives. From the way we socialize to the way we entertain, the Internet has given us endless opportunities. The worldwide launch of Tim Berners-Lee in 1989 led to the creation of the Internet, search engines, digital stores, social networking, and cryptocurrency, to name a few. There’s a lot to cover about what the Internet has brought to society, but one of the most fascinating theories comes from Henry Jenkins, an American scholar who has written extensively on new creations provided by the web. One of Jenkins’ most notable ideologies comes from his 2006 book, Welcome to Convergence Culture, which enables Web 2.0 to enable ‘producers’.

What is a ‘producer’?

The word ‘producer’ is a portmanteau of ‘producer’ and ‘consumer’. Professor Henry Jenkins popularized the phrase, but got it from American author Alvin Toffler’s 1980 book, The Third Wave. The phrase is self-explanatory, referring to someone who creates and uses online content. Users are responsible for contributing to the Web 2.0 revolution – an era that emphasizes how the Internet uses content created to allow for a participatory culture. Participatory culture has become an important factor in the development of the Internet as it has democratized the way users communicate, communicate and interact with each other.

Web 3.0 Repeat

With the introduction of Bitcoin (₿) in 2009 – many technology experts have discussed a new iteration of the World Wide Web, now commonly called Web 3.0. There are several factors that technology experts believe will contribute to the launch of Web 3.0, the primary reasons being: blockchain technology, cryptocurrency, non-fungible tokens (NFTs), smart contracts and decentralized applications (dApps). This era could be fundamental to changing the way people use the Internet, eliminating existing systems of machine-to-machine interaction and instead interconnecting data in a decentralized way, providing a faster and more personalized user experience. With over 18,000 cryptocurrencies currently in existence, the launch of Web 3.0 seems to be slowly gaining ground.

What can Calix Token (CLX) contribute to Web 3.0?

Calix Token (CLX) is an upcoming blockchain aimed at providing a community and unauthorized liquidity protocol. Its ‘unauthorized’ liquidity protocol means that no registration is required for users to benefit from the features of the platform. In addition, Calyx plans to provide a quick and secure way for token holders to exchange decentralized transactions across the blockchain. On their website, Calyx explains how they aim to fully transform the community-driven model into crypto by incorporating CalyxDAO, a decentralized autonomous organization that allows community members to engage in activities that help the ecosystem while maintaining their resilience and security.

These features will contribute to Web 3.0’s contribution by providing another blockchain outlet whose policy focuses on an online community that allows people to control their finances and eliminates the need for intermediaries. Calix Token plans to provide users with a cryptocurrency that supports multiple blockchain networks such as Etherium (ETH), Avalanche (AVAX), Polygon (MATIC) and Phantom (FTM) – creating a multi-chain interoperability protocol. With CLX recently entering the second phase of their pre-sale on May 9, it seems that now is the best time to invest more than ever before.

For more information on Calyx Token (CLX):

Pre-sale: https://presale.calyxtoken.io/register

Website: https://calyxtoken.io

Disclaimer: This article is a paid publication and does not involve Hindustan Times journalism / editorial. The Hindustan Times does not endorse / subscribe to the content of the article / advertisement and / or the opinions expressed herein.

The reader is further advised that crypto products and NFTs can be unregulated and highly risky. There can be no regulatory way for any loss from such transaction.

The Hindustan Times shall not be liable in any way and / or liable in any way for all that is stated in the article and / or for the stated / express opinions, opinions, declarations, declarations, confirmations, etc. The same. The decision to read further will be construed as a matter of choice and a clear commitment / guarantee for the Hindustan Times to waive any / all possible legal action, or applicable claim. Content may be for informational and awareness purposes only and may not constitute financial advice.

Subscribe Mint Newsletter

* Enter a valid email

* Thank you for subscribing to our newsletter.

.

Leave a Comment

Your email address will not be published.