Network Effects Of Decentralization - Deepstash
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Network Effects Of Decentralization

Network Effects Of Decentralization

The network effects of such a model would be unparalleled because the incentives are aligned.

Users will want their friends and family to join so they can also participate in the rewards and make the network a better place to hang out.

Thanks to the underlying blockchain infrastructure, people own the assets and benefits they accrue on any given platform.

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12 reads

MORE IDEAS ON THIS

The Bottom Line: Embrace The Open

  • Big tech has a choice: embrace the open, decentralized nature of the future in the metaverse or continue operating closed ecosystems that are only designed to extract value at the expense of their most valuable assets.
  • Web3 empowers people to own their data, their follower counts, th...

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8 reads

Centralized Facebook Style Social Metaverse Is Doomed to Fail

Centralized Facebook Style Social Metaverse Is Doomed to Fail

  • Mark Zuckerberg's vision of a centralized Facebook-style social metaverse has been dubbed "dystopian" by one of the firm's earliest supporters.
  • Microsoft, on the other hand, appears to have a zig-zag approach to realizing its metaverse ambitions.
  • The potential of Web3 as the ...

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21 reads

The New Format Wars

The New Format Wars

The race to the metaverse is on, featuring runners and riders including tech giants like Meta, Microsoft, and Epic, to blockchain old-schoolers like Decentraland and Somnium Space. The only problem is that it looks suspiciously like a repeat of the "format wars" we've seen play out time and time ...

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38 reads

The Problem With Centralized Internet Services

The Problem With Centralized Internet Services

In the Web2 model, we don't own anything so we end up tied into platforms and services simply so we can benefit from the work we've put into them over the years.

Closing a social media account means losing followers, closing a streaming service means losing playlists and access to streaming...

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11 reads

Decentralized Autonomous Organizations

Decentralized Autonomous Organizations

The only way to think of the ideal metaverse is through the building blocks laid by decentralized autonomous organizations, or DAOs.

The world is only just waking up to...

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13 reads

CURATED FROM

CURATED BY

raf_kn

"Having someone wonder where you are when you don't come home at night is a very old human need." — Margart Mead

Embrace An Open Metaverse

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The Concept Of Platforms

A platform is an ecosystem that scales easily and encompasses features, users and partners. Platforms allow people to contact each other and exchange information. They make third party collaboration much easier. The platform is a business model.

Even large companies can b...

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