Web3 Research Update February 2022

Joe Scharf

Joe Scharf

2 min read

HLC Chart

I've jumped back into web3 in around December of 2021 after learning about DAOs and getting excited about the possibilities they hold for better coordination and ownership on a global scale. Since then I thought it would be good to reflect on what I've learned in three months since.

  • I’ve been learning about Decentralized Finance (DeFi) through an investigation of Olympus v2 contracts to understand the mechanisms of the $OHM token. This has also helped to get me back up to speed on solidity development
  • Attended a five-week DAO Pioneers learning group to deep dive on everything DAOs, governance, voting, and tokenomics
  • Accepted to GitcoinDAO and have been working through the Moonshot Collective Speed Run Ethereum quests and spending time on their bleeding-edge typescript version and eth-hooks-v4.
  • Completed and deployed Nader Dabit’s NFT Marketplace app, and improved it with typescript, multi-chain capability, and simplified deploy and testing framework with hardhat-deploy (my repo)
  • Created my first POAP for my Zwift racing team.
  • Was accepted to the Kernel0x web3 community as a KB5 fellow and I am on week three as I write this. I’ve been diving deep into DAOs, DeFi, and Tokenomics as well as exploring an opportunity to bring web2 into the web3 space.
  • I am continuing to explore solidity, work through various applications and protocols, while coming up to speed on hacks and security considerations. It’s my goal to have a firm understanding of solidity patterns and protocols as I believe this is a powerful tool that unlocks a lot of possibility in the future.
  • Finally, I’m looking to secure a Developer DAO membership NFT soon so I can join that community. I love their vibe and the content they produce.

If you’re considering jumping into web3 yourself, my advice is not to hesitate. Yes there’s a lot of noise, hype, and grifters a-plenty which you should expect in an ecosystem with crazy economics. But more importantly, there’s also a lot of opportunity, innovative technology, good people, and real potential to improve the way we live our lives.

That’s all for now. Feel free to reach out (@joescharf) if you would like to chat about web3, or any of the projects I’m working on!