What's the main point of web3 for you (in one sentence)? I'll start: Broader distribution of value created on the internet.
Internet-based platforms and services that are owned and operated by their users. Impact: Greater access, inclusivity, diversity, distribution, and equity in society's most consequential technologies and platforms.
collapsing the cost of large scale network coordination.
o/s for incentive driven/aligned, abundant economy and societies — coming soon
Using incentives to shape behavior and help large groups of people coordinate together, without the need for centralized direction
becoming aware that we're more than doomscrolling individuals at the mercy of corporations
Censorship resistant financial system Exploring the design space of optimal financial markets
Allowing communities to capture and own the value they create online.
web3 is to unlock global potential of unrecognised talent.
We have built hardware where we could deliver the world's best information to every child on earth now we just need the software and web3 turns that on.
Reconciling personal interest with collective benefit
Use the ability to embed transparency and autonomy with greater finesse to pivot from control-first institutions to something better.
Community composability https://future.com/can-community-composability-help-web2-users-make-the-jump-to-web3/
Durable Lego blocks. Shared value. Bootstrap networks.
Unlock value captured by rent seeking middlemen and redistribute to society while acting as a global orchestration mechanism to direct individuals towards their highest and best use
Independent peer-to-peer value creation and exchange. Original vision for the internet.
Increased accessibility and ownership for the masses
mass coordination tool for solving the world's most meaty problems
I like that. I see it as the internet's value layer. It also provides trust-minimized coordination and permissionless innovation (as someone else pointed out)
Humanity’s current best bet for the global preservation and proliferation of civil rights and liberties.
Technology to 1. remove all unnecessary intermediaries 2. create tool for value distributions both online and IRL
In aspiration, this^ is just right. But also, in practice, it becomes about BUILDING TOGETHER. The level of composability and talent in the space is just pure fun.