Web3 as a "speculative community"

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

Let’s consider that formula: community knowledge + solidarity networks + folklore. The web3 communities I’m in have powerful ideologies; these are spaces with shared perspectives and rituals that have emerged over a compressed period of time. This manner of collective world-building in and around projects (in the best possible way, I wouldn’t use t... See more

Web3 platforms also have the potential to unlock a novel and especially powerful form of network effect through community engagement and social cohesion.