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fix grammar #30

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You are a digital artist, and have heard about the NFT (Non-Fungible Token) revolution making waves through the art community. You want to take part in it, but know nothing about the technology underpinning NFTs.
You are a digital artist and have heard about the NFT (Non-Fungible Token) revolution making waves through the art community. You want to participate but need to learn about the technology underpinning NFTs.
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Chainlink, smart contracts, blockchains, and the entire world of cryptocurrency have been a hot topic of discussion for several years now. Whether its companies like [EY and Microsoft](https://consensys.net/blog/press-release/ey-and-consensys-announce-formation-of-baseline-protocol-initiative-to-make-ethereum-mainnet-safe-and-effective-for-enterprises/) looking to use smart contracts to improve their business processes, artists and athletes like [LaMelo Ball](https://blog.ether.cards/lamelo-ball-nft/) creating their own NFTs, or up and coming companies looking to disrupt long-standing establishments such as the [insurance](https://www.arbolmarket.com/) industry, Chainlink and smart contracts are working to become the backbone for world-changing applications.
Chainlink, smart contracts, blockchains, and the entire world of cryptocurrency have been a hot topic of discussion for several years now. Whether it's companies like [EY and Microsoft](https://consensys.net/blog/press-release/ey-and-consensys-announce-formation-of-baseline-protocol-initiative-to-make-ethereum-mainnet-safe-and-effective-for-enterprises/) llooking to use smart contracts to improve their business processes, artists and athletes like [LaMelo Ball](https://blog.ether.cards/lamelo-ball-nft/) creating their own "NFTs," or up and coming companies looking to disrupt long-standing establishments such as the [insurance](https://www.arbolmarket.com/) industry, Chainlink and smart contracts are working to become the backbone for world-changing applications.

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## What is Web 3.0?

In Web 1.0, the internet was a static place where web pages and content were created and owned by a single entity (i.e., a website for the news such as the New York Times, where they curated and owned all articles). In Web 2.0, which we are currently moving away from, applications are created to allow users to create their own content on web pages. This content and the web page are still owned by a single entity (think users creating content on Facebook). These web pages are well known as Web Apps.
In Web 1.0, the internet was a static place where web pages and content were created and owned by a single entity (i.e., a website for the news, such as the New York Times, where they curated and owned all articles). In Web 2.0, which we are currently moving away from, applications are created to allow users to create their own content on web pages. This content and the web page are still owned by a single entity (think users creating content on Facebook). These web pages are well known as "Web Apps".

Web 2.0 isnt a fair, equitable place for the users generating all this content and data. The centralized entities who control these web apps can and have un-equitably profited from all the content that their users generated. Enter Web 3.0: the future of the internet we are moving towards. In Web 3.0, web apps (and the content generated within them) can be created and not be controlled by any centralized entity. These decentralized apps, or Dapps, are completely open and transparent, and can distribute any generated profits more equitably.
Web 2.0 isn't a fair, equitable place for the users generating all this content and data. The centralized entities who control these web apps can and have un-equitably profited from all the content their users generated. Enter Web 3.0: the future of the internet we are moving towards. In Web 3.0, web apps (and the content generated within them) can be created and not be controlled by any centralized entity. These decentralized apps, or Dapps, are entirely open and transparent and can distribute any generated profits more equitably.

The future of the internet, dubbed Web 3.0, is being built in front of our eyes so let's dive in and start building the future!
The future of the internet, dubbed Web 3.0, is being built in front of our eyes, so let's dive in and start building the future!
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In Web 1.0, the internet was a static place where web pages and content were created and owned by a single entity (i.e., a website for the news such as the New York Times, where they curated and owned all articles). In Web 2.0, which we are currently moving away from, applications are created to allow users to create their own content on web pages.
In Web 1.0, the internet was a static place where web pages and content were created and owned by a single entity (i.e., a website for the news, such as the New York Times, where they curated and owned all articles). In Web 2.0, which we are currently moving away from, applications are created to allow users to create their own content on web pages.
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Agreements, deals, promises: these are concepts that humans universally have an intuition for across cultures. Maybe you agreed to trade three of your toys for one friend’s rare toy as a child. Perhaps you’ve decided to lend your car to a friend as long as they don’t put more than 100 miles on it and return it with a full tank. You may have even agreed with your health coach not to eat more than 2,500 calories per day.
Agreements, deals, promises: These are concepts humans universally have an intuition for across cultures. Maybe you agreed to trade three of your toys for one friend’s rare toy as a child. Perhaps you’ve decided to lend your car to a friend as long as they don’t put more than 100 miles on it and return it with a full tank. You may have even agreed with your health coach not to eat more than 2,500 calories daily.

These are all examples of agreements. Agreements can be spoken orally, written down on paper, or even typed in digital documents. The enforcement of such agreements is oftentimes informal and “wishy washy.” Disagreement is handled outside of courts or other formal institutions: a friend who brings back your car with 600 miles on it and an almost empty tank of gas loses your trust. Your health coach will be very disappointed in you if you’ve eaten 5,000 calories a day for the past week. Though factors such as reputation, magnitude, and parties within an agreement can affect its enforcement, there is no guarantee that an agreement will be fulfilled.
These are all examples of agreements. Agreements can be spoken orally, written on paper, or even typed in digital documents. The enforcement of such agreements is often informal and “wishy-washy.” Disagreement is handled outside of courts or other formal institutions: a friend who brings back your car with 600 miles on it and an almost empty tank of gas loses your trust. Your health coach will be very disappointed in you if you’ve eaten 5,000 calories a day for the past week. Though factors such as reputation, magnitude, and parties within an agreement can affect its enforcement, there is no guarantee that an agreement will be fulfilled.

Contracts are agreements that are enforceable in a court of law. You may have signed a leasing contract to rent an apartment or house. Restaurateurs typically sign contracts with food suppliers to obtain necessary ingredients at a specific price and time no matter what happens in different food markets. You may sign an employment agreement with a company to establish your pay rate and employee benefits. In any form, once these contractual agreements have been made, they are enforced by a court of law. Any clause that is not fulfilled within a contract can be disputed and discussed within the court.
Contracts are agreements that are enforceable in a court of law. You may have signed a leasing contract to rent an apartment or house. Restaurateurs typically sign contracts with food suppliers to obtain necessary ingredients at a specific price and time, no matter what happens in different food markets. You may sign an employment agreement with a company to establish your pay rate and employee benefits. In any form, once these contractual agreements have been made, they are enforced by a court of law. Any clause not fulfilled within a contract can be disputed and discussed within court.

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<div className="title">Arbitration Court</div>
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In fact, legal contracts have become so notoriously difficult to enforce more companies have been putting "arbitration" clauses in their contracts. This means a private arbitration court is used to uphold the contract rather than a public judicial court. There has been a lot of controversy surrounding arbitration courts. You can read more about the history of arbitration courts in <a href="https://www.americanbar.org/groups/tort_trial_insurance_practice/publications/the_brief/2018-19/summer/a-brief-history-arbitration/"> this article by the American Bar Association </a>.
In fact, legal contracts have become so notoriously difficult to enforce that more companies have been putting "arbitration" clauses in their contracts. This means a private arbitration court is used to uphold the contract rather than a public judicial court. There has been a lot of controversy surrounding arbitration courts. You can read more about the history of arbitration courts in <a href="https://www.americanbar.org/groups/tort_trial_insurance_practice/publications/the_brief/2018-19/summer/a-brief-history-arbitration/"> this article by the American Bar Association </a>.
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Digital agreements have been the most common format of agreements in the past decade. From bank agreements to social media, to Netflix, and crypto exchanges, companies who provide services on the internet typically use digital agreements to detail the exact conditions of the service to be provided. These are called SLAs or Service Level Agreements.
Digital agreements have been the most common format of agreements in the past decade. From bank agreements to social media to Netflix and crypto exchanges, companies who provide services on the Internet typically use digital agreements to detail the exact conditions of the service to be provided. These are called SLAs or Service Level Agreements.

What makes a digital agreement different from a regular agreement or contractual agreement? Well theyre like regular agreements….but in a digital format. These agreements can be enforced in a court of law under certain circumstances. However, this doesnt often happen due to the costs of going to court coupled with the low value these contracts represent for individual consumers.
What makes a digital agreement different from a regular agreement or contractual agreement? Well, they're like standard agreements…but in a digital format. These agreements can be enforced in a court of law under certain circumstances. However, this doesn't often happen due to the costs of going to court coupled with the low value these contracts represent for individual consumers.

Customers also tend not to read these agreements due to lengthy, complex legalese. Oftentimes digital agreements give consumers very little recourse at all! Due to these reasons, the power of digital agreements is heavily skewed towards the institutions who create them rather than being a fair, equitable agreement between institutions and their consumers. A prime example of this is the <a style="color:blue" href="https://www.jama.work/blog/on-robinhood-and-availability"> Robinhood Gamestop downtime incident</a>.
Customers also tend to refrain from reading these agreements due to lengthy, complex legalese. Often digital agreements give consumers very little recourse at all! Due to these reasons, the power of digital agreements is heavily skewed towards the institutions who create them rather than being a fair, equitable agreement between institutions and their consumers. A prime example of this is the <a style=" color:blue" href=" https://www.jama.work/blog/on-robinhood-and-availability"> Robinhood Gamestop downtime incident</a>.

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<div className="title">What are the SLAs you have agreed to?</div>
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Think about any digital services you subscribe to, for example video streaming or banking services. Do you know the terms of the SLAs between you and the service provider? If not, take the time and read over one of them.
Think about any digital services you subscribe to, for example, video streaming or banking services. Do you know the terms of the SLAs between you and the service provider? If not, take the time and read over one of them.
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