Tekelala

In this series, we’ll first share an overview of Web3 infrastructure before we look at its economics and possible business models, to demystify and help you understand more about what it is, why it’s important, and its possibilities.

Every additional customer accrued a cost, whether that be the marginal cost of serving them or the opportunity cost of not serving a different customer. Given that, it was, as Christensen noted, perfectly rational to focus on the most profitable ones.However, something else momentous happened around 20 years ago: the emergence of the Internet. As... See more

What does a great web3 game look like?Here are a few attributes of great games in the next wave of web3.The first quality of a great web3 game is that it’d just be a great game no matter what. If the game isn’t fun and engaging for users, then new web3 game elements won’t help. Founders building web3 games need to know: everything we learned about... See more

Web 2.0 & #Web3 Business Models difference

High-level takeaways from this article are: Web3 literature is still in the crawling phase, and the space is much less developed than art, music, fashion, video, etc. Authors can leverage the lessons learned and the growing pains experienced in other sectors of Web3 to "skip to the good part."Web3 tools are available NOW for any author to enter the

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A subtext to last week’s article, Tech’s Two Philosophies, was the idea that there is a difference between Aggregators and Platforms; this was the key section:It is no accident that Apple and Microsoft, the two “bicycle of the mind” companies, were founded only a year apart, and for decades had broadly similar business models: sure, Microsoft... See more

OpenSea’s ValueFirst, two more OpenSea stories from over the break. From Be In Crypto:NFT marketplace OpenSea has frozen $2.2 million worth of Bored Ape (BAYC) NFTs after they were reported as being stolen. The NFTs on the marketplace now have a warning saying that it is “reported for suspicious activity.” Buying and selling of such items are... See more

Channels. The major components of this layer are the actual UIs that users interact with via web browsers or mobile apps as well as wallets. The latter are intrinsically linked to the “off-chain” world to fund them with fiat currencies, onboard users (and related services, e.g. KYC, where appropriate) and so on.UIs. Most of these are typical react... See more