CHRIS DIXON

Web1

• Dominated by protocols (http), built on top of the web, you controlled your platforms
• Read-only

Web2

• You created conte...

NFTs are creating a vibrant digital economy within the gaming community.

Games like League of Legends have monetized off of aesthetic add-ons, nothing that increased performance, a status flex. These virtual good purchases were being bought from the company, not individuals.

Axie Infi...

Benefits

• Your data will be secured with private keys, where we can give selective access to our data to whom we choose
• Contributors own the platform rather than corporations
• Defeats the corporate selfish use of leverage on copyright and intellectual pro...

Regulators regulate through policy or enforcement. We’ve only seen enforcement on Web3 so far because no one knows what to do. Policy needs clarity and goals need to be aligned.

There needs to be a balance from the SEC to crack down on obvious scams but also let true innovations naturally g...

Anything that is in fashion can hold value through a community context. People are attaching their identity to their NFTs, large sentimental value.

Web2 companies convinced you to give away your creations in exchange for little hearts,

NFTs allow you to tokenize your value as a creato...

Ideas start as fringe ‘culty’ clubs. Why was personal computing being talked about in Steve Jobs’ garage and not at IBM?

• A lot of ideas stay as hobbies and don’t catch the exponential mainstream
• Businesses of scale plan on the execution of incremental improvements, not disrupti...