Unbundling the unbundlers - The end of winner-takes-all

Web2 was built to scale up. Web3 is built to niche down. From @gaby_goldberg on “curators all the way down”👇 https://t.co/G43iSkbjEu

Controlling valuable pillars of internet utility -- the flow of information, social connections, music and video delivery -- has created tremendous wealth for a few while very little for stakeholders not on the company’s cap table.

Web2 moat: network effect Web3 moat: composability

Platform wealth and economic sharing: Today, creators & consumers contribute to a platform to gain social or economic status. But this status is rented (status on platform only, revenue shared directly with platform). In Web3 this status is owned. Not only is social reputation portable, but the relationship with IP created on platform can be owned ... See more