Web3Camp (3P): Educating Through Gamified Web3 Experiences

From relying on the power of artificial intelligence to ensuring a permissionless World Wide Web that is open for all users, the concept of web3 can often seem appealing to anyone in favor of concepts like privacy and decentralization. Unfortunately for those keen to learn about the concept of web3, the information available tends to be fragmented as web3 experts and enthusiasts are divided when it comes to exact definitions and existing educational material. That’s where one particularly exciting web3 project known as Web3Camp comes in; it incorporates its special form of gamification into the education and learning process.

Web3Camp seeks to ensure that anyone interested in web3 can immediately learn about it. The project also aims to help these individuals successfully enter the web3 space. Keen to learn how projects like Web3Camp attempt to achieve this? Scroll on as we cover all you need to know about Web3Camp’s unique take on gamified learning experiences and how investors bullish for this project can support it by investing in their 3P governance tokens on Bybit.

What Is Web3Camp?

Web3Camp is an all-new Quiz to Earn web3 project that builds upon the popularity of the successful Learn and Earn concept. By focusing on the incentivization and gamification aspect of web3 education, both content contributors and users can benefit from this unique and interactive learning platform.

What Does Web3Camp Aim to Achieve?

Before we delve deeper into the overall mechanics of Web3Camp, it’s important to first understand what the project seeks to resolve. When looking at web3 as a whole, two key issues seem to plague the space. 

Firstly, newer users who may be keen to learn about the various concepts of web3 find themselves unable to overcome key barriers to entry. From unintuitive web3 user experiences to a general lack of understanding of web3’s utility, many users fail to realize the inherent value of it. This ultimately deters widespread adoption as the average user finds it hard to comprehend, much less take a genuine interest in web3. 

Secondly, while there are plenty of web3 contributors churning out useful content, it can be hard to connect these contributors with the right audience. This stagnant growth may burn out web3 contributors in the long run, which leads to a drought of high-quality educational content for audiences to enjoy.

While these problems are common in any new form of early stage technology, Web3Camp provides the answer to the problems in the form of its gamified web3 experience. Through this system, users will be incentivized to push past industry barriers as they’re rewarded for their learning efforts. Also, content creators will be able to generate a sturdy flow of income as they’re rewarded for their premium content contributions through the Patronship system. 

How Does Web3Camp Work?

To overcome the issue of educating users interested in web3 in a fragmented manner, the team intends to tackle web3 education through its customized interactive experience. Thanks to its team of experienced individuals from the TradFi, blockchain and NFT space, Web3Camp promises to build its Quiz to Earn ecosystem from the ground up with user experience, incentivization and ease of onboarding in mind.

As the main draw of Web3Camp, the Quiz to Earn ecosystem will be the backbone of the platform when considering user interactions and engagement. Proof of knowledge is Web3Camp's main mechanic for rewarding platform participants. While it differs from the terminology often seen in computation, it follows a similar concept.  When interacting with the quiz, users have to convince the quiz infrastructure that they do indeed have knowledge of the subject matter in order to be rewarded.

To prevent peer-to-peer cheating, each quiz will randomly select questions so repeat questions are avoided. Also, Web3Camp rewards quiz participants based on the perceived difficulty, meaning more knowledgeable web3 users can go ahead with taking on tougher questions in order to reap more rewards.

Web3Camp’s Quiz to Earn ecosystem can be broken down into three core mechanics that highlight how the project works:

1. A Sound Infrastructure for Web3 Education to Generate Revenue Streams for All Participants
2. Tokenization and Gamified Experience of Knowledge Exchange
3. Ease of Use Across Mobile Devices

These mechanics ultimately extend to its array of features that focus on community growth and user freedom. 

Features of Web3Camp

From Patronship to noncustodial wallets, here’s everything you’ll need to know about Web3Camp’s features.

Patronship

While much of the Web3Camp discussion has mostly revolved around incentivizing users to engage in the content available on the platform, not much has been said about how content creators and contributors will be rewarded for their hard work. That's where Patronship comes in. 

To incentivize knowledge sharing and expertise in the web3 space, the Patronship is introduced so content contributors will be encouraged to go one step further when it comes to engaging users with their premium members-only content. Creators can then strategize and decide the proportion of free and Patronship specific content to produce at their discretion.

User Generated Learning Content

The learning content available on Web3Camp taps upon user-generated content. This ultimately means the platform will have an unlimited source of rich web3-related content as long as contributors stay engaged with Web3Camp. The sky's the limit as creators can feature everything from web3 updates to investing news as Web3Camp welcomes content in both audio and visual forms.

Fully Integrated Noncustodial Wallet

A feature that's in line with Web3Camp’s vision of easy onboarding for new users is its built-in noncustodial wallet function. By fully integrating it within the Web3Camp app instead of relying on hot wallets like MetaMask, users can conveniently manage their assets in a decentralized manner. 

To aid in familiarizing users with noncustodial wallets, the team has also included easy-to-understand tutorials for users to follow along when using Web3Camp’s integrated wallet. With this feature, all subscriptions and payments on the platform will be decentralized and managed by smart contracts. In addition to contributing to Web3Camp’s decentralized goal, the noncustodial wallets also help to make transactions more transparent.

Web3Camp Road Map

Source: Web3Camp

On top of their passion for growing the web3 space, the anonymous founders of Web3Camp also have a wealth of experience in the Web 2.0 field. From handling NFT marketplaces to travel app management, the team is more than equipped when it comes to understanding their addressable market and knowing what it takes to bridge the gap between content contributors and users.

In the near future, Web3Camp has plans like their Liquidity Incentive Programme and soft Demo Launch that seeks to support their 3P governance token launch and refine their project’s look and feel before the final launch.

On a long-term scale, Web3Camp seeks to further establish the goals mentioned above through Ambassador Programmes and becoming a one-stop platform for online courses, certifications and degrees related to web3 expertise. The former will aid with their Web3Camp marketing and user acquisition efforts. Conversely, the latter involves expanding their current offerings of educational content and cementing Web3Camp’s status as an early mover in the web3 education field.

3P Tokenomics

Source: Web3Camp

Although details are still scarce about Web3Camp’s governance token, their 3P token will play a key role in the incentivization aspect of rewarding Web3Camp participants. 

Out of a total supply of 100 trillion 3P tokens, 66 trillion will go towards community engagement efforts and Web3Camp ecosystem management. This will certainly bode well for the web3 project in the long run as the team focuses on growing and retaining its community; a problem that many web3 projects tend to face as they fall off over time.

Additionally, the 20% team allocation has caused some long-term investors to fear that there might be a sudden dump of 3P tokens. Thankfully, this won't be the case as 3P tokens are gradually allocated to team members with a vesting period. This prevents pump and dump scenarios that can sometimes plague the most exciting of crypto projects.

For a more in-depth look at 3P’s overall token allocation details, refer to the chart shown above or to Web3Camp’s whitepaper.

Is 3P A Good Investment?

Education and learning about the ins and outs of blockchain technology and everything related to crypto has never been more important. This is doubly so during this current bearish market sentiment where FUD is rampant and it can be difficult for the average crypto investor to decipher the good projects from the bad ones. In the spirit of BUIDL and getting more involved in the cryptocurrency ecosystem, Web3Camp can certainly thrive. There's no ruling out the possibility that Web3Camp can satisfy this web3 education niche as users seek an all-in-one platform that teaches everything related to the future of web3 technology. 

With investors attempting to acquire expert knowledge today and position themselves for a future bull market run, we might even see a flood of users signing up for Web3Camp so they can reap the rewards in the long run once the market becomes confident in crypto's long-term value.

Overall, this speculative idea of investing in the future of web3 education definitely holds water. If you're bullish for Web3Camp, here's some great news. You can get a piece of the action by participating in the Bybit Web3 IDO for Web3Camp. 

Participating in Bybit Web3 IDO

Sometimes, subscribing to upcoming Initial Coin Offerings (ICOs) can be taxing. Investors can run into difficulties that include unfilled orders on centralized exchanges and a lack of clear instructions on subscription eligibility requirements. This can be extremely frustrating since ICOs tend to be time-sensitive and require prompt action on the investor's end to ensure a profitable trade.

Thanks to the Bybit Web3 IDO platform, taking part in Initial Dex Offerings (IDOs) has never been easier. By aggregating all the information available about potential IDOs and eligibility requirements, investors can easily subscribe to lucrative projects without worrying about the inconvenience of excessive research. The best part of it all is that our platform allows for token allocations for these projects without requiring KYC. This ultimately allows investors to maintain their privacy while making use of the Bybit Web3 IDO platform.

In order to participate in Bybit's Web3Camp IDO subscription phase, you'll first need to have a registered Bybit Web3 account. Once you have that settled, you'll need to set up your Bybit Wallet via the Bybit Web3 Portal and fund it so it has the required amount necessary to meet the minimum IDO subscription requirements. 

In addition to letting you participate in IDOs, your Bybit Wallet also lets you store your assets securely as you move your assets from centralized to decentralized platforms. Need a step by step walkthrough on how you can go about doing so? We have you covered with our in-depth Bybit Web3 IDO guide that includes all the crucial information on how to navigate our platform.

The Bottom Line

All in all, the brand of gamified web3 education that Web3Camp is serving seems promising in light of how investors today are focused on understanding more about blockchain and cryptocurrency technology. If the team is able to successfully execute their roadmap and implement all of their future plans, Web3Camp will have the infrastructure in place to take over the web3 education space and become a clear market leader in the area. That said, investors should still remain cautious as investing in an altcoin during a bear market presents its own set of risks.