Welcome to 2024, the great Web2 to Web3 unlock is here. Billions of new users will pour into Web3 using their existing social logins starting this year.
The future of scaling Web3 has come into clearer focus in the back half of 2023. Let’s examine 5 levels of interlocking technologies that will allow billions of current Web2 users to upgrade seamlessly to Web3.
Let’s dive into the core components needed to reimagine NFT serial numbers away from monkey pictures, and towards representing all value on earth with real world assets.
A meditation on the term NFT, and why collectible doesn’t quite capture the full essence of the underlying technological breakthrough. To begin, let’s not shy away from the complicated nature of the term NFT (non-fungible token).. which implies a user first must understand fungibility.
With friend.tech user data leaks fresh in the news cycle, let’s dig into how web3 can handle user data better than web2, and pitfalls to watch out for.
TL;DR. In the long run, you can’t compete with the combined network effect value of all business running on the same permissionless and open shared database.