By making it simple to create webpages, forums, and blogs, WordPress changed Web2. As a result, WordPress now powers over 30% of all websites on the internet, and it has a market share of over 60% when it comes to content management systems (CMS).
First, keep in mind that web3.0 is a broad notion, as discussed in this article.
A complete web3 integration entails generating a decentralized domain and hosting it on decentralized servers such as IPFS or Arweave. It’s vital to keep in mind that the most popular browsers (Chrome, Edge, and so on) don’t yet support this design. This is a strategy we’ll save for another article.
We’ll concentrate on how to integrate a standard website with web3. Because the domain and hosting will stay in centralized environments, this integration will only be partial, but connecting the web3 user wallets to the website will be feasible.
We’ll show you how it works using three plugins: Bitpay, EthPress, and Unlock Protocol. These plugins have features that make it easier for web3.0 users to engage with your website.
This plugin allows you to accept Bitcoin, Ethereum, and other cryptocurrencies as payment. The benefit is that you don’t have to worry about volatility because you can specify a value for your product (say $20.00). In addition, an invoice will be generated for payment via bitcoin at 15-minute intervals every time the user picks the Bitpay payment option.
In other words, the product’s BTC or ETH value will be updated every 15 minutes, which is the maximum time limit for the user to complete the transaction.
The balance is subsequently transferred to a Bitpay wallet and a service fee of 1% is applicable for the transaction value.
Users can log into the site using Metamask or any WalletConnect compatible wallet, thanks to the EthPress plugin.
When you install the plugin on your site, it will instantly add a web3 login button, allowing users to access restricted areas. This approach will establish a conventional WordPress account, which will allow entire interaction with web2, but web3 will handle authentication.
Custom logic can be added for users who log in with the plugin. It is possible, for example, to check the user’s tokens and quantities and deny access if a given condition is not met.
Using a web3 wallet, users’ private keys are secret during the connection procedure, assuring everyone’s safety.
It’s cool to log in with an Ethereum wallet, but what if you could do it using NFTs? This is possible thanks to the Unlock Protocol plugin.
You can construct NFT collections and have a direct relationship with members of those NFTs using Unlock Protocol. The procedure is as follows:
- Create a collection of NFTs by first defining the membership parameters.
- You decide which content the members will have access to.
This way, you can build a devoted audience based on NFTs, increasing the collection’s worth.
Using the NFTs capability, which is already one of the most frequently use web standards. You may directly monetize your content.
It is feasible to participate in web3 without having a completely decentral website. You can accept cryptocurrency payments and enable user authentication from your wallets or NFTs.
There is an expectation for integrations to grow over time, as eb3 will be unable to operate without Web2.