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  • Book Overview & Buying Data Science for Web3
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Data Science for Web3

Data Science for Web3

By : Gabriela Castillo Areco
5 (3)
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Data Science for Web3

Data Science for Web3

5 (3)
By: Gabriela Castillo Areco

Overview of this book

Data is the new oil and Web3 is generating it at an unprecedented rate. Complete with practical examples, detailed explanations, and ideas for portfolio development, this comprehensive book serves as a step-by-step guide covering the industry best practices, tools, and resources needed to easily navigate the world of data in Web3. You’ll begin by acquiring a solid understanding of key blockchain concepts and the fundamental data science tools essential for Web3 projects. The subsequent chapters will help you explore the main data sources that can help address industry challenges, decode smart contracts, and build DeFi- and NFT-specific datasets. You’ll then tackle the complexities of feature engineering specific to blockchain data and familiarize yourself with diverse machine learning use cases that leverage Web3 data. The book includes interviews with industry leaders providing insights into their professional journeys to drive innovation in the Web 3 environment. Equipped with experience in handling crypto data, you’ll be able to demonstrate your skills in job interviews, academic pursuits, or when engaging potential clients. By the end of this book, you’ll have the essential tools to undertake end-to-end data science projects utilizing blockchain data, empowering you to help shape the next-generation internet.
Table of Contents (23 chapters)
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1
Part 1 Web3 Data Analysis Basics
7
Part 2 Web3 Machine Learning Cases
15
Part 3 Appendix
1
Appendix 1
2
Appendix 2
3
Appendix 3

Exploring Analytics on DeFi

There are two groups of products that drive the most transactions in the current state of Web3: NFTs, as we discussed in Chapter 4, and decentralized finance (DeFi), which we will explore in this chapter.

DeFi takes its name in opposition to the centralized characteristic of the current financial system. According to the book How to DeFi: Beginner, by CoinGecko, “Decentralized Finance or DeFi is a movement that allows users to utilize financial services such as borrowing, lending, and trading without the need to rely on centralized entities.” DeFi is not a single product but a series of projects trying to address financial demand in the Web3 space.

These projects make use of the concept of composability, which involves building upon parts created by other parties. It is often illustrated as building with Lego blocks, where developers combine various components to construct new infrastructures.

DeFi has introduced products that were...

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Data Science for Web3
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