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Collected web3 twitter threads
cdixon
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March 19th, 2022
Why web3 matters
Product cycles vs financial cycles
Composability is to software as compounding interest is to finance
Blockchains are the new app stores
Tokens are a new digital primitive, analogous to the website
Going from Web 2 to Web 3 - “Your take rate is my opportunity”
The web3 playbook: using token incentives to bootstrap new networks
Seven types of NFTs
The internet treats bad business models as defects and routes around them
Some reasons to build your startup in web3
Turning networks into economies
Web3 critics misunderstand decentralization
How web3 data portability reduces the power of centralized services
NFTs and ownership
The internet is not yet mature
Economic loops for startups
The myth of “ETH killers”
Usability/monetization death spirals
What’s next in web3
How open lost to closed in web2
A few common ways new technologies can be misunderstood
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