Web 3.0 is a term coined by Tim O’Reilly, the founder and CEO of O’Reilly Media, to describe a potential next major wave in the evolution of the web. It is a successor to Web 2.0. Web 2.0 generally refers to a collection of technologies, principles and design patterns which facilitate the production and consumption of user-generated content.
Web 3.0 is a term currently being used to describe a collection of technologies, principles and design patterns which facilitate the production and consumption of distributed content, as well as the production and consumption of services oriented towards a decentralised system of services. The term has been used to describe both a new application layer on top of the existing web, as well as the new internet protocol suite of standards required to power such a layer. Web 3.0 offers people ability to turn their content into asset-class. This becomes possible because it enables the tokenization of things/assets/etc.
How Cryptocurrencies Work and How T99 Can Make a Difference?
Cryptocurrency is also an asset class which is currently attracting a number of investors and traders and that is why we see so many trading platforms emerging. In India alone, we saw two Unicorns in the Crypto space in the last month. This all indicates why we need more efficient platforms that can cater to this demand. T99/ Tethereum is one such platform where users can swap their tokens without any risk and hassle. Tethereum (T99) is a limited supply token that is mathematically guaranteed to beat Dogecoin less than in 180 days.
Understanding the Demand
Tethereum saw that it’s often tough for the cryptocurrency investors to move from one token to another. The ability to transfer tokens from one chain to another is a powerful move that makes Tethereum a stellar option for the crypto traders. Tethereum understood the need for a decentralized exchange which supports trade of large number of tokens and can handle huge volumes of transactions quickly. Tethereum(T99) is a platform which provides a decentralized, secure and fast trading environment for swapping and market making of cryptocurrencies. The platform offers a very diverse set of options to have a complete control over the trading process.
Why T99 is Special?
Tethereum (T99) is more than a token swap and also facilitates its users with an automated market maker that is built into the platform. To understand AMM or Automated Market Maker, we need to understand the term market making in context of cryptocurrencies and blockchain, Market making consists in providing liquidity on a defined cryptocurrency by submitting both bid and ask limit orders on a crypto exchange. Tethereum’s (T99) short term goal is to make itself as the token swap platform with the lowest fee and provide highest fee earnings to its liquidity providers.
