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### Introduction 

Are you moving from an old building to a beautiful new apartment? will it be proper to move with your old seats that are missed up to the new house or will it be fitting to take along your black charcoal pots to this  new well-equipped kitchen of the new house? Moving with all this will deprive you from enjoying your new apartments.


Do you have a shop where people has known you for selling outdated goods or expired goods and this have hindered your business from prospering and you decided to get a new shop in a different location if you really want to prosper you will have to stock up your shop with new goods that will attract the customers.

Yes same thing as switching from [web2](https://leofinance.io/@leoglossary/leoglossary-web-2-0) to web3 it is very important to leave behind web2 features in order to attend success, a company or business that claim to have transited from web2 to web3 and they still have the threats or features of web 2 will not enjoy what web3 has to offer they will likely be like a man at the middle of the fence who find it difficult to enjoy the benefits of two buildings most importantly this can lead to the downfall of the company so it is proper to leave behind old features of web2 and fully hold web3.

Never should a company forget that web2 is centralized while web3 is decentralized so it is very important to have the right motive of navigation.

Let's look at some mistakes to avoid.
https://images.ecency.com/DQmWAcGKSB1XsAdSUXk4itxVJruJbUp3qoEb5RDHPQT29zg/addtext_11_07_08.44.44.jpg
[Edited from pixabay](https://pixabay.com/images/search/web/)


### *Mistakes to avoid*

* Use of web2 [monetization](https://leofinance.io/@leoglossary/leoglossary-monetization) model.

Web2 focuses of making money through advertisement and data monetization because it is [centralized](https://leofinance.io/@leoglossary/leoglossary-centralization) and the more people they get the more progress they make,an example of that is TikTok and YouTube channels the more subscribers you have the more money you make but switching to web3 means leaving behind such pattern of making [money](https://leofinance.io/@leoglossary/leoglossary-money) but focusing on users sovereignty, decentralization and users privacy, a company transitioning should take the initiative of exploring on how they can get value with the new mechanism and also try as much as possible best to adapt using the available digital collectives like [Defi](https://leofinance.io/@leoglossary/leoglossary-decentralized-finance-defi) and gamefi elements to create a new monitor avenue and leave the Old pattern behind.

* Don't jump in, make more research.

Just like the early example I gave you don't just move into a new apartment because the house is new all looks good especially here in Nigeria you have to make some researches ask people's around about the area how the landlord behaves and if there are crime that happens in the area before you move in, also changing from one business to another involves making deep researches before switching.

So it is very important to make deep research about Web3 understanding how it works fun things to do so as to benefit from it because if you neglect researching it will be dangerous.
It is very important to make research and no more about web3 [technology](https://leofinance.io/@leoglossary/leoglossary-technology) more about it's decentralization find out business opportunities that web3 offers get to know which blockchain platform you can join that will suit your business and help you reach your business goal, checking for people's progress and failure, get to know some tips that you can apply two benefits from web3.
Researching is the only way to find out fake [business](https://leofinance.io/@leoglossary/leoglossary-business) opportunities and also identify legitimate business opportunities this will help to avoid investing on a wrong project that will lead to losing money or asset.

Also researching will help you to know how to secure your assets on web3, get to know some security measures that can be applied then you'll be able to build a strong and reasonable connections that can or will enhance collaboration.
Conclusively failure to make thorough research before joining web3 can lead to missing good and profitable business opportunities it can also increase the risk of losing money.
Researchers help company to get to know the tax implication and regulations especially when the projects comprises of [cryptocurrency](https://leofinance.io/@leoglossary/cryptocurrency) transactions this will help the company to manage their [finance](https://leofinance.io/@leoglossary/leoglossary-finance), also it is very important to be as alert so as not to miss any updates because web3 technology keeps evolving and you must move with it in the same place if you want to benefits.

It is very important to look for ways to attract foreign [investors](https://leofinance.io/@leoglossary/leoglossary-investor) and business partners and also is very important to make sure that there are plans for interoperability web3 is made up of multiple [blockchain](https://leofinance.io/@leoglossary/blockchain) and different protocols.

* Welcome and accept [web3](https://leofinance.io/@leoglossary/leoglossary-web-3-0) decentralization

Progressing in a new business means adapting new business rule and settings so progress on web3 project means embracing decentralization never make the mistake of being centralized in any web3 project because it won't work well instead design your project with decentralization because web3 main focus is on building a trustless future and that opens new possibilities so when a company is decentralized they don't need authorities that will control his project and once a company embrace decentralization decision-making will be very easy because decentralization enhances  community engagement.
Never can you ignore [decentralization](https://leofinance.io/@leoglossary/leoglossary-decentralization) and approach success on web3 because  decentralization reduces the risk of failure and it reduces corruption which is rampant in centralized system.

* BUILD A STRONG NETWORK.

Networking is an important aspect to succeed on web3 space, due to decentralization is only networking that will give any company or business the opportunity to connect with business-minded people around the world with experience that can help you as a newbie build your business.
Is also only network in that can help a company have access to some infrastructures that can help in development and growth of their business yes a strong networks helps to keep a company up-to-date on latest development latest trends on web3 space it also gives the company a great opportunity to get good feedback on time and do the necessary adjustments.
Networking will help  a company to gain early adopters for its project, which is very important for the  success and growth of the company.

### Summary.
With all being said it is vital to adopt web3 in full get ready to adapt, be flexible and always make sure there is a backup plan always get ready to move with the speed that web3 moves, make a collective decision and most importantly embrace decentralisation and you will enjoy web3 decentralized ecosystem.</div>

[Reference 1](https://bdc.consulting/blog/opinion/between-web2-and-web3)
[Reference 2](https://blockconsult.org/blog/web2-to-web3/top5mistakes/)


Posted Using [InLeo Alpha](https://inleo.io/@beauty197/important-mistakes-to-avoid-while-transitioning-from-web2-to-web3-space-)