Web3 will be defined by “token effects” and not traditional network effects.
What does that mean? Token-based projects have a better shot at building powerful and useful networks that are user-owned and operated.
(visualized brilliantly by @LeConcurrential)
NFTs are forming the framework for the Web 3.0 owned by the users
This topic intrigued me, and I spent hours of researching that led me into an even deeper rabbit hole I’ll explain below… 🥐