But decentralizing the internet has been hard to do. When contrasted against the well-established efficiency and stability of centralized systems, decentralized systems have struggled to keep pace. Now, however, the emerging technology of crypto and web3 — specifically, programmable blockchains, composable smart contracts, and digital assets — make... See more

It also makes intuitive sense that we’d have digital money that’s programmable. We'‘re programming everything now; mRNA is basically running a program on the cellular level. Many of the current problems in the digital economy -- lack of trust, misaligned incentives, controlling gatekeepers, treating audiences as a resource to be exploited -- arise ... 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