added by Jason Badeaux · updated 2y ago
The crypto mullet: web2 in the front, web3 in the back
- Crypto mullet’s customers don’t think about wallets, tokens or crypto. Instead, they log in with their email addresses, pay with their credit cards and access the company’s services through a normal web browser/app. Crypto mullet’s back offices, however, are decentralized and governed using thoughtful tokenomics and encoded via smart contract. They... See more
from The crypto mullet: web2 in the front, web3 in the back by John Milinovich
Jason Badeaux added 2y ago
- Today, the blockchain is arguably a 10x+ worse consumer experience for anyone that hasn’t already been red pilled, but it can be 10x+ better in cases that rely on incentive alignment between large groups of people who don’t know or trust each other. This is the crypto mullet’s opportunity: web2 consumer products upfront, combined web3 technologies ... See more
from The crypto mullet: web2 in the front, web3 in the back by John Milinovich
Jason Badeaux added 2y ago
- The next wave of $1B+ crypto companies will disrupt incumbents by keeping an existing consumer experience in web2 while rebuilding its back office in web3.
from The crypto mullet: web2 in the front, web3 in the back by John Milinovich
Jason Badeaux added 2y ago