Interesting essay on the future of the web – Web3.
Web3 allows a new generation of disrupters to create products that actually pay people to use them, and aligns the incentives of creators, consumers, suppliers, and investors.
“Imagine going to Disney World, and getting shares in Disney, the company, every time you took a ride, bought Mickey Merch, or sent your friend a picture. Or that owning shares in Disney let you skip all of the lines as long as you held the shares. That’s what tokens do.“
In the essay he presents Web3 competitors to all the major web platforms.
One neat way to describe the landscape is to think of “crypto as listed versions of traditional VC, with a real-time, 24/7 quoted price.” (Source).
