Web3 curation data will create an industry of apps designed to give users full control over their own social feed rather than relying on a platform like Twitter’s algorithm. Meanwhile the best curators on the Internet will be able to earn a living off decentralized curation protocols.
Crypto isn’t just a technology, it’s an internet-native economy. Revenue is tracked in ETH. Key decisions are made with community governance. Transactions are enforced on-chain through smart contracts. Treasuries are controlled via multi-sigs. And value is captured with tokens.
Our education system is only one type of reputation and credentialing system. Social media, gaming, Github, bootcamps and soon, on-chain activity in decentralized networks, provide forms of reputation that exist outside the framework of the education system.
Right now, in the West, people are organically making countless hours of video content, but there isn’t a way for video viewers to learn more and to take action—to discover that the experience they’re watching is in their price range, in their neighborhood, and available to book right now if they wanted. We predict TikTok will be the first existing... See more
I do believe that--like, say, email, cell phones, stocks, bonds, and other innovations--web3 is a major new tool that will transform a lot of how we live our lives. It will foster beautiful things and ugly things, crime and charity, love and vicious hatred.
But while users no longer have to trust each other, they still have to trust the platform itself. That’s about to change, with consequences for many different professions and society as a whole.