what's happening on 2030, and how YOU can be ready.

June 12th, 2022

By 2030, more than 90% of all online activity will migrate to web3. Here's what's happening, and how YOU can be ready:

First, a quick look back: "No online database will replace your daily newspaper, no CD-ROM can take the place of a competent teacher and no computer network will change the way government works." Clifford Stoll in Newsweek, 1995

“Most things that succeed don’t require retraining 250 million people.” Waring Partridge in Wired, 1995

“I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse.” Robert Metcalfe, in InfoWorld, 1995

As we all know, the internet doesn't go away.

Through ups and downs and the dotcom crash, it takes over And becomes woven into every intimate aspect of our daily lives.

By 2016, the web is so pivotal to modern life that the United Nations declares internet access a basic human right.

By April 2022, there are 5 billion internet users worldwide, or 63 % percent of the global population. Of this, 4.65 billion are social media users.

As internet use explodes, real issues become apparent. Data and identity ownership, privacy, and security are compromised. Solutions are needed.

And for more than 10 years, slowly and relentlessly, an internet update has been in the works.

Built on blockchain technology, web3 not only addresses these issues But offers the unprecedented opportunity to democratize wealth and social power structures.

Beginning in 2009 with the founding of Bitcoin

And weathering the usual ups and downs of new technologies

By 2022, the third wave of the internet is growing exponentially:

Global market cap - just under 3 Trillion

Number of developers building - over 800,000

Number of startups funded - 2000

Social media activity - 600

Million web3 related comments

And outside the web3 ecosystem, mainstream adoption is well underway.

Alphabet, Citigroup, Goldman Sachs and many more major corporations are actively investing in web3 startups.

What's more, nearly every major publicly-traded company is vying for opportunities to implement the new technology into their own businesses.

Already, 81 of the top 100 companies use blockchain tech.

The biggest companies are making blockchain a top priority in their future business plans — and making that well-known to the public.

23 Examples of How Publicly Traded Companies Are Bullish on Blockchain

Just this week, Amex joined the fray, launching a crypto rewards card with

By 2025, that 90% of the internet that's on social media will be moving on to apps on decentralized social blockchains like

On these new social apps, users OWN their identity, content and following.

The other 10% of the internet will not be left out:

•banking and finance

•real estate

•startups

•art

•music

•gaming

•entertainment

•charitable giving

Are already well on their way to comprehensive disruption by 2025.

By 2027, government operations, including voting and election systems, will transition to web3.

Here's how web3 can transform voting systems

And by 2030, most of the internet will have upgraded to web3.

In a belated effort to hold on to their newly empowered users

The tech giants will attempt to pivot . . . and will fail.

In this episode of web3 with a16z

and

discuss how the web3 growth cycle works, what to look for, and how to interpret events in this new economy. (Super important for right now!)