To create stronger community ownership, web 3.0 networks should move away from resourcing startup capital from centralized, opaque, and hierarchical VCs

But many of the web 3.0 advantages are hard to adopt as a large, existing, web 2.0 company. The big ideas: ownership, collaboration, and community are new foundational principles.

But there is a difference. Because: to get users in the first place, platforms have to increasingly airdrop their token that incentivizes users not only to use the platform, but more importantly, grow its long-term value by getting their network to use it as well. No self-respecting platform under the watchful eyes of the SEC would say that they’re... See more

Whether it’s the enforcement of legal identities, platform lock-in, or more implicit social norms, the logic of individualized identity was baked into web 2.0. With the advent of web 3.0, we have a chance to do things differently. Ultimately, web 3.0 identity will revolve around questions of privacy, portability, and ownership.