An overview of web3 The web3 stack includes tools and protocols that enable decentralized apps to function. Web3 refers to a set of technologies that power decentralized applications or dApps. These sorts of applications offer users more control over things like identity and value. Additionally, they provide decentralized control and use a distributed infrastructure. All of these … [Read more...]
Some Thoughts on the State of Web3 in Response to Moxie
Many people have already responded to Moxie, but I want to focus on the implications for the Web3 space. I was hoping to keep this to a Twitter thread, but I'm not Adam Cochran. This was a good excuse to write on Mirror for the first time. Moxie's piece captures the essence of some of the thoughts I (and many others) have had recently about some of the key tensions in the Web3 world. … [Read more...]
Reputation Score on Web3
A few years ago, things started to change. A couple of years ago, people started to become more aware of the importance of having a good digital reputation and online legitimacy. With more and more collaboration happening online, it became clear that physical reputation wasn't enough to work efficiently with others. Managing a digital identity and the reputation that goes with it became … [Read more...]
Monetization in Web3
Nowadays, it's no secret that major companies such as Facebook and Google make a lot of money from the internet. Although their services are free, we provide them with a large amount of data without realizing it. web 2.0 is a business model where companies take information from the internet and sell it for different purposes. web 3.0 is a new financial model for the internet that is … [Read more...]
Looking Onward for Crypto Gaming
The gaming industry is seeing a surge in the number of blockchain-based games. This technology has opened new opportunities for businesses that want to create decentralized gaming apps. The global gaming market is projected to grow by $125.65 billion from 2020 to 2025, increasing at a CAGR of 12.40%. The integration of Blockchain technology in gaming apps is the significant … [Read more...]
Fat protocols are not an investment thesis
Searching for investment criteria in the functionality stack In "Fat Protocols", my fellow Brooklynite Joel Monegro insightfully draws parallels between the Internet protocols of the 1990s and the blockchain-based protocols of the 2010s. Early Internet protocols have provided massive value, but have been "thin" - meaning that monetization has historically occurred in an industrious, … [Read more...]
Reimagining Education in a Decentralized World
Key Insights Education is key to human flourishing, but current models are not leading to optimal learning for the majority of people around the world. Web3 has enabled creators to own their work online, ed3 enables students to own their education. Nascent ed3 models are improving access, affordability, and accreditation, but more work needs to be done. Education is … [Read more...]
Community-Owned Culture: How Web3 is changing music, fashion
Bowie's response not only accurately predicted the way the internet would change the way we consume content, but also the way it would create a new wave of artists. In 1999, David Bowie was interviewed by BBC Newsnight. In the interview, he was asked a question about the internet's impact on art and content. Bowie's response accurately predicted not only the way the internet would change … [Read more...]
Evaluating Web3 Projects
Web3 is all the rage these days. It's being talked about by the news, local politicians, and business leaders. Everyone seems to be talking about it. You may have come across terms like "DAOs," "NFTs," and more while learning about web3. In this article, I will introduce the concepts of Web3 projects and how to choose one to invest in. I will also discuss how to ensure that the project is … [Read more...]
Arweave explained: the ???? in the room of Web3.0
In 2021, the global crypto market capitalization reached $3 trillion. There is plenty of room for more growth. Web 3.0 is one of the new buzzwords in the crypto realm. Web 1.0 and Web 2.0 bolstered the growth in the internet world. Web 3.0 comes in bolder, focusing on decentralization by giving users the freedom to control their data. What is Web 3.0? Although the terms Web 3.0 and … [Read more...]