A Business Model for the Blockchain Web
Previously, I wrote about the Blockchain Web, a concept for applying blockchain to improve current internet services. This sequel models an alternate vision of monetization and financial success for businesses in the Blockchain Web, leveraging the new technology. Notably, this does not include DeFi solutions, but rather follows a different line of economic incentives. I’ll discuss the current economic environment and the alternate vision from web3. With these in mind, we can look at how a new...
A Business Model for the Blockchain Web
Previously, I wrote about the Blockchain Web, a concept for applying blockchain to improve current internet services. This sequel models an alternate vision of monetization and financial success for businesses in the Blockchain Web, leveraging the new technology. Notably, this does not include DeFi solutions, but rather follows a different line of economic incentives. I’ll discuss the current economic environment and the alternate vision from web3. With these in mind, we can look at how a new...
The Blockchain Web
The Blockchain Web is a concept for the future of the internet, backed by blockchain technology and scaled up to the size of the current internet. It combines two ideas. The first is that Big Tech controls the platforms and owns the data that ordinary people use and share, but that power should reside with individuals instead. The second is that the web3/crypto community has tended to focus on building solutions looking for problems, rather than solving problems that already exist. Big Tech o...
The Blockchain Web
The Blockchain Web is a concept for the future of the internet, backed by blockchain technology and scaled up to the size of the current internet. It combines two ideas. The first is that Big Tech controls the platforms and owns the data that ordinary people use and share, but that power should reside with individuals instead. The second is that the web3/crypto community has tended to focus on building solutions looking for problems, rather than solving problems that already exist. Big Tech o...
