Investing in Manifold - a16z crypto

Blockchains are special computers that anyone can access but no one owns.

Despite web3 being an internet based around user ownership, we’re still quite limited in how we can use and display most of the assets we own. Much like today’s social networks have siloed users into a handful of content types and displays, today’s wallets limit our asset engagement and display options to simple showcases or galleries.

It’s still really early, a lot of things are broken at the moment and there is a lot of speculation. But the promise is that, instead of uploading a file to Instagram servers and having it controlled by Facebook, you have it secured by your private key. And you can program its economics since you are the one who owns it and sets the rules.

I own cdixon.org, and I own it because I host it at Netlify. If Netlify becomes evil, I will just switch it over to another place because I control the DNS record. An NFT is architecturally very different from other things on the internet.