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Compound Web3 Design Patterns | DeFi for UX Designers 2022

This article will give UX Designers an understanding of DeFi lending protocols on Ethereum, specially Compound Finance. This is part of an overall Web3 Design Bootcamp that teaches UX Designers about Web3 concepts and design patterns so they can land a job in the rapidly merging field. Compound creates a peer-to-peer lending marketplace for a variety of Web3 tokens. Suppliers are paid interest for depositing their tokens into lending pools. This has become a popular Read more…

By Travis Kassab, ago

Design Principles of NFTs & Cryptomedia | Crypto Design Trends 2022

This article will give Web3 product designers an understanding of NFTs and their emerging use-cases in cryptomedia, artist royalties, and digital identities/property. Stay tuned for future Web3 Design Courses where we deep-dive into products in the Web3 ecosystem. Again, let’s start with the concept of fungibility. Fungibility means that an item can be replaced by another equivalent item. Currency is a good example of something that is fungible. One ten dollar bill is the same Read more…

By Travis Kassab, ago

Web3 DeFi Mental Models 2022 | DeFi for UX Designers 2022

This article will give UX Designers an of the importance of liquidity in DeFi, and how early protocols like Compound have implemented liquidity mining programs to attract liquidity. This is part of an overall Web3 Design Bootcamp that teaches UX Designers about Web3 concepts and design patterns so they can land a job in the rapidly merging field. Notice that suppliers on Compound are actually paid two interest rates. In the example above, where I’ve Read more…

By Travis Kassab, ago

Uniswap Web3 Design Patterns 2022 | DeFi for UX Designers 2022

This article will give UX Designers an understanding of decentralized exchanges, as well as an introduction to the design patterns of a popular protocol Uniswap. This is part of an overall Web3 Design Bootcamp that teaches UX Designers about Web3 concepts and design patterns so they can land a job in the rapidly merging field. Decentralized exchanges (DEXs) allow users to swap between different tokens. It’s a simple use-case, but one of the most foundational Read more…

By Travis Kassab, ago

DeFi for UX Designers | Web3 Design Bootcamp 2022

The previous three design course modules (1, 2, 3) cover important background information on Web3. Now, we enter the Web3 ecosystem, starting with Decentralized Finance (DeFi). This article will quickly give UX Designers a quick understanding of what DeFi is, DeFi’s foundational products, and where DeFi is heading in the future. By the way – there’s also a video version of this article just below. DeFi, or decentralized finance, refers to a complex ecosystem of Read more…

By Travis Kassab, ago

Designing Around SEC Regulation of Web3 Tokens | Crypto Design Trends 2022

This article will give Web3 product designers an understanding of why there are tensions between Web3 tokens and US regulators like the SEC, in particular. SEC regulations are sure to come in the next several years, so we talk about potential outcomes of this regulation. Stay tuned for future Web3 Design Courses where we deep-dive into products in the Web3 ecosystem. The SEC determines whether or not something is a security with the Howey Test, Read more…

By Travis Kassab, ago

Design for Web3 Tokenomics & Crowdsales | Crypto Design Trends 2022

This article will give Web3 product designers an understanding of Web3 tokens, such as their tokenomics and token launches. It also explains why Web3 tokens change the game in terms of venture capital investing. Now retail investors have access to early-stage startup investements, and real-time price feeds make Web3 tokens highly liquid VC investments, compared to what is common place today. Stay tuned for future Web3 Design Courses where we will do deep-dives into products Read more…

By Travis Kassab, ago

Design Thinking with Web3 Tokens | Crypto Design Trends 2022

This article will give Web3 product designers an understanding of the various Web3 token categories and emerging use-cases. Stay tuned for future Web3 Design Courses where we deep-dive into products in the Web3 ecosystem. As you may have heard there are literally thousands of Web3 tokens in existence today – some native to cryptonetworks, and some launched on top of these cryptonetwork. This vast token landscape can be broken into two high-level categories: utility tokens Read more…

By Travis Kassab, ago

Design Principles of Web3 Tokens | Crypto Design Trends 2022

This article will give Web3 product designers an understanding of the role that Web3 tokens play on cryptonetworks. Stay tuned for future Web3 Design Courses where we deep-dive into products in the Web3 ecosystem. Tokens native to a cryptonetwork incentivize nodes to secure, and maintain, that cryptonetwork. These nodes can be thought of as network service providers. They dedicate their resources to provide a decentralized blockchain database for dApps to build on top of, and Read more…

By Travis Kassab, ago

Design History from Web1 to Web3 | Crypto Design Trends 2022

This article will give Web3 product designers an understanding of where the internet came from, and how it is still evolving. Many think of the internet as a static technology, but we are on the cusp of massive disruption with the rollout of Web3, and Web3 tokens. Stay tuned for future Web3 Design Courses where we deep-dive into products in the Web3 ecosystem. This is a good point to talk about the evolution of the Read more…

By Travis Kassab, ago