A lot of the early rise of web3 can be seen as the continuation of the trend towards experiences, thrown online in a hurry, but instead of straight spending on experiences and trading money for fun, they’re investing in experiences, increasing money and fun and pushing the Pareto Funtier out.
In the end, TikTok’s biggest legacy might be less about its current moment of world-conquering success, which will pass, and more about how, by forcing social-media giants like Facebook to chase its model, it will end up liberating the social Internet.
Likewise, on-chain data could be used to gauge engagement or interest in specific creators or brands. A music artist, for example, could easily identify their top fans based on platform-agnostic, on-chain interactions and reward them with exclusive access or other perks. In the financial realm, decentralized identity could enable an internet-native... See more