🥛 Is Uniswap the Amazon of crypto? 🤔

For users, there are a few dominant, centralized products. If they want to exchange currencies, they probably use Binance or Coinbase. If they want to buy or sell NFTs, they probably use OpenSea, which as of late 2021 captured more than 95% of the NFT market share.3 If they want to join a DAO? Well, they’ll probably need to abandon the blockchain e... See more

What makes crypto unique is its potential to expand on that familiar framework. The principal innovation of crypto networks is their ability to grow network effects by enabling users to share in the value they create.

For instance, a Web2 marketplace provides a central search interface and a central reputation system. In a Web3 d-commerce ecosystem, the best search interface and the best reputation system gain market adoption, not just the one sponsored and enforced by the central market maker.