Web 3 Business Models

28 principles for Web 3 founders. Insights distilled from 100s of conversations & investments in crypto in the past 4 years.

7 steps to transition to web3, for non-technical folks. It can be daunting to make a career shift to web3, especially for those who don’t code. There are new roles that don’t exist in other industries, and recruiting seems informal and network-based. A mini-guide 🧵

Web3 applications lack some traditional sources of defensibility, but have a new powerful one: tokens. Let’s explore “token network effects” ⬇️

Putting music royalties on-chain is skeuomorphic thinking and doesn't move the needle for artists. We don't need to make broken web2 business models more programmatic, efficient, or composable; we need new business models that support long-tail markets.

serious question -- why wouldn't any online subscription business that's focused on membership not move the format to NFTs?

Web 2.0 & #Web3 Business Models difference

I get the theory that free ad-supported networks have incentive problems. I don't agree, but I get it. However, I don't see why web3 replacing this with transparent & programatic payments controlled by a consensus of good and bad actors would necessarily have better incentives