How do you onboard a city to web3? Part 1/n

The main trap that governments should avoid is too quickly sacrificing optionality. An existing city could fall into this trap by launching a bad city token instead of taking things more slowly and launching a good one. A new city could fall into this trap by selling off too much land, sacrificing the entire upside to a small group of early adopter... See more

Thinking with a web3 mindset doesn't come naturally because its properties aren't inherent in our world today e.g. almost nothing is by default public unless you choose to make it so, whereas everything that happens on-chain is public. But -- as a result of these properties, we can do a variety of things that we weren't able to do before. Some exam... See more

Finally, I touch on a few other conceptual opportunities (DeFi, the economic self, and the power of pseudonymous identities), identify some cautions and concerns about the intersection of web3 and the social sector, and conclude with a list of ventures, solutions, and other things that maybe should be built in the future.

The internet was the enabler of large-scale human coordination. DAO tools — built on web3 — now give us the ability to design and manage incentives to maintain positive-sum relationships between stakeholders, keeping them aligned on shared goals as the product or community grows.

But decentralizing the internet has been hard to do. When contrasted against the well-established efficiency and stability of centralized systems, decentralized systems have struggled to keep pace. Now, however, the emerging technology of crypto and web3 — specifically, programmable blockchains, composable smart contracts, and digital assets — make... See more

Most of today’s Web3 virtual neighborhoods are following the history of the physical world’s McMansions; building 10,000 ‘homes’ in the middle of nowhere hoping people move in. The awareness that needs to take place in order to avoid a mass flippening is the approach Web3 takes to constructing neighborhoods. Instead of just finding land, developing... See more