Web 3.0 is built upon the core concepts of decentralization, openness, and greater
user utility. In a Decentralized system, Information could be retrieved based on its content, hence
this information could be kept in several locations at the same time, making it decentralized. This
would deconstruct the vast datasets presently maintained by Internet behemoths also making it
scalable, secure and accessible.
Decentralized applications (dApps) are programs that run on nodes of a blockchain
or peer-to-peer (P2P) network instead of relying on a single centralized computer. Few benefits of
dApps are that they are more financially efficient since they can function without a middleman to
take profits from transactions, Users are responsible for legal and regulatory implications for the
content they share or consume.
NFT-token gated on Joomla website allows you to make it mandatory for users to
verify NFT ownership in order to log in or register to your website OR browse any content like
posts, pages, images, videos, docs, or other custom content types. The feature of locking or
restricting the content is also called NFT token gating and is flawlessly achieved in Joomla. Lock
content (specific posts or pages) until the user verifies NFT ownership. This is supported by
different blockchain networks like Ethereum, Ethereum Classic, Polygon (Matic), Optimism, BOBA
Network, Gnosis Chain (xDai), Fantom Opera, Binance Smart,Optimism, BOBA Network, Gnosis Chain
(xDai), Fantom Opera, Binance Smart Chain, Kucoin Community Chain (KCC)etc.
Smart contracts are programs stored on a blockchain that run when predetermined
conditions are met. We allow creating Smart Contracts on your Joomla website easily that
automatically executes all or parts of an agreement and is stored on a blockchain-based platform.
Smart contracts are a type of Ethereum account that has a balance, however they're not controlled by
a user, instead, they are deployed to the network and run as a program. User accounts can interact
with a smart contract by submitting transactions that execute a function defined on the smart
contract. Smart contracts are equipped for achieving login and NFT token gating on the Joomla