Reputation in Web3: Ships Built on the Great Flood

Web2 platforms coerce user loyalty through network effects and closed data, and exiting a platform leaves creators without access to their audiences or content. Web3 affords the opportunity to build systems that foster user agency and self-determination through true digital ownership, open data, and networks that are built atop open-source software... See more

Interoperability at scale is possible, and it can enable a healthier and more diverse product ecosystem. As As Jarrod Dicker notes, it remains to be seen whether Web2 will still exist in the future as a parallel to Web3. But it’s clear Web3 is coming, and ultimately whether it is a full replacement will come down to what we as creators and consumer... See more

Web3 inverts the internet’s business models by giving more value and ownership to both creators and consumers. Traditionally, platforms developed online have been driven by advertising and subscriptions. This is because Web2 took a consumer first approach to platforms, protocols and applications with the platforms as intermediaries. Web3 puts value... See more

In Web 3.0, very few things involve content creation. For proof-of-stake blockchain networks, you can run a staking node or delegate to one. For DeFi protocols, you can contribute liquidity or trading strategies. For DAOs, you can vote, participate on a committee, or submit a proposal. All of your actions are memorialized on blockchains, creating a... See more