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ππ€² but how do you find the π?
If decentralized identity is the future of the web, then the contributions that you accumulate in your crypto wallet β the articles you write, the content you curate, or the things you buy β will become very important.
Scott Kominers β’ Decentralized Identity: Your Reputation Travels With You - a16z crypto
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One of the most overlooked elements of ownership in the web 3.0 space is financial transparency, particularly regarding investments and agreements. If the goal of "progressive decentralization" is to transition to community ownership, it would seem incongruent for early stage investments terms to be hidden from the community.
Austin Robey β’ Ways to improve the ownership economy β Mirror
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Web3 creates tools where this becomes practical. Allowing us to opt-in and out of value systems that add to our identities and contribute to understanding who we are and what is important to us
Yancey Strickler β’ 36. Re-bundling the creator economy + labels in web3 w/ Yancey Strickler
Severin Matusek added
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Web3 inverts the internetβs business models by giving more value and ownership to both creators and consumers. Traditionally, platforms developed online have been driven by advertising and subscriptions. This is because Web2 took a consumer first approach to platforms, protocols and applications with the platforms as intermediaries. Web3 puts value... See more
Jarrod Dicker β’ The Dawn of Consumer Crypto β Mirror
sari added
New users are interacting with web3 applications for the first time not because they were allured by the idea of unstoppable money, but by beautiful pieces of art, music, NBA clips, games that earn them money, community ownership, and a general sense of belonging. It feels like we're entering the next evolutionary phase of online communities, where... See more
Nick Johnson β’ Creators, Communities, and the Gray Space in the Middle β Nichanan Kesonpat
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ecause if you think about, if you unpack what does Web3 mean? And if it really boils down to the financialization of everything, there's three distinct buckets of it in my mind. There's a speculative sphere because you can now tokenize so many different things, the opportunity for markets and best execution and price discovery and all these things ... See more
Sam Englebardt β’ Investing in Immersive Worlds
sari added
To create stronger community ownership, web 3.0 networks should move away from resourcing startup capital from centralized, opaque, and hierarchical VCs
Austin Robey β’ Ways to improve the ownership economy β Mirror
sari added