Life is good with technology and science. Be it finance, daily routine, automobile, or home essentials everywhere technology is implemented. Currently, Metaverse and blockchain technology are trending across the globe. All these futuristic technologies are making a significant impact.

Cryptocurrency is an alternative for futuristic investment rather than the transaction medium only. Many experts have participated in the conversation happening over the decentralization assets, cryptocurrency, web 3.0, and blockchain technology.

All these technologies are emerging as a significant resource for fundraising activities. It has influenced the big base of financial investors. Many startups have taken interest in the development of non-fungible tokens, and cryptocurrencies.

To understand the concept of cryptocurrencies and web 3.0 people have to understand the concept of decentralization. What is the mechanism of decentralization, and what are incentives and governance?

Basically, web 3.0, and further technologies get the fuel from cryptocurrencies. It also manages the financial activities and processes in a decentralized environment.

Along with this, NFTs tokens and assets are also trending in the digital finance world. We can treat any digital element or entity as a digital asset or NFTs tokens. It can be a toy car or other entities used in the game, any painting, comic storybook, or meme. Users can play games and make deals with the NFTs tokens, catcoin (https://catecoin.club/), or any other coin.

Many NFT marketplace is running in the digital world and providing the accessibilities to accelerate the financial state. The Web 3.0 department has also developed and categorized the separate NFT marketplace for investors.

Right now two main mechanisms are driving the support for blockchain development. The first is the proof-of-work and the second one is proof-of-stake. Both mechanisms proposed for different needs and necessities of the world and humans are not present in any context.

For a few years, blockchain has continuously developed the curiosity of futuristic approaches and technology and the discussion is still on top. After evaluating the past year's blockchain development evolution we can say that coins are following the concept and mechanism of proof-of-work and the rest of the development has inherited the mechanism of proof-of-stake.

Many discussion forums have raised the speculations on equity issuance. Will it be integrated with cryptocurrencies or not?
In reply to that, we can say it is hardly possible to formulate this equity concept in the future. As 19000+tokens were already launched in previous years and out of all more than 18000 tokens have been available for public issuance. Now it is an old school concept.

How will it benefit startups?
More than 3 to 9 public issuance comes up frequently in the public domain. Many evitable and inevitable issues are emerging in the real-world environment. Some of them we are mentioning here:
Contract Enforcement
Investors protection

Tokens and cryptocurrency are concepts that most startup owners still don’t feel comfortable adapting to.


How will the recent enforcement of renewable taxation policy and TDS impact the crypto market?
The Indian government has proposed new rules regarding the appropriate formulation and transaction of cryptocurrency. No one has any idea of the physical existence of crypto money and the transactions are only identified by specific IDs and ledgers book in a decentralized environment of crypto exchange platforms. Buyers and sellers have no idea how to access the TDS of the seller or any other tax information applied to the transactions.

Before the policy and laws were enforced in the public domain 20% of investors belong to the pool of 30% taxation zoner. Also, they were facing 1% TDS-related issues. Buyers and sellers both were unaware of the proper mechanism of transactions and their nature, TDS deduction, each other's identities, profits, losses.

After the now policies formulation concerned groups of beginners and experienced investors will need to be aware of profits and losses. These new policies will impact their capital and earnings. Many investors are thinking of migrating from India for new taxation rules.