Web2 platforms will never properly and fully integrate web3. Which is why we need to replace most if not all of the stack.
As with all major new tech, you can look at this as a daunting challenge or as an exciting opportunity.
Not only this but were they ever what we needed to begin with? Seems so many are of the mind we need to replace them with web3 solutions that do the same if not very similar thingsā¦ I hope that we get more minds that donāt want to simply replicate web2 solutions in web3.
Which web2 company do you feel has integrated web3 best? I agree they just canāt integrate it, but curious how you feel about web2 company efforts to add web3 features.
Interesting. Can you elaborate? Hasn't the internet evolved to date by stacking many protocols and replacing some? Why must it be rebuilt from the ground up?
Donāt you believe that Web2 Big Tech (especially enterprise) could be the vehicle to transport traditional organizations to Web3?
Web2 platforms will be unbundled in web3 unlocking innovation at each layer.
Cloudy times will come if major web2 entities push web3 products that are not native. We need control of the full stack.
100% Web2 users are a liability. You canāt bring them along, but you must accommodate them.
What are your thoughts on Web2 PG allowing Web3 Payments (like stripe)?
Curious, do you think Signal is well-positioned to be web3-ified? Moxieās post was solid I think tokenized ecosystem funds will be tied to stock fundamentals and/or collective throughput a16zās dao research helpful
I think the problem with this is that most people (users) donāt want Web2 to be replaced. They like the Internet as-is. Curious to learn what you feel a ground-up Web3 solution unlocks that Web2 (with integrated Web3 tech) canāt otherwise deliver?
random question for you: can something be web3 without blockchain?
Much easier to build from scratch thn to change existing legacy infra, allows for more innovative solutions and experiments instead of being constrained by existing limitations
exactly. was just listening to a podcast "web2 platform cannot replicate the philosophical value that web3 platforms provide, that is, giving the power to users" this is where web3 shines š
Every once in a while a window of opportunity opens to build anew America in the 15th century, former Soviet Union nations in the 90's, web2 until platforms started sealing themselves off
šÆ theyre designed to disintermediate and distort our relations for their benefit. excited for communities to design for themselves.
A lot of web2 problems are the business models theyāre trapped in. Web3 needs new business models that arenāt ponziā¦ weāll get there
Web2 + Web3 is a necessary evil and will remain so for a few decades to come. Web3 rails is great, but onboarding, UX, Cyber security, regulations will all take time to build and scale. Very early days to be talking about moving on from web2 IMO..
The corporation cannot compete against the protocol https://twitter.com/lwsnbaker/status/1425425949621882883?s=46&t=Ak_jUR_kE89A2FuZO4j7vg
Do you think this is mostly due to the challenges of properly integrating with their stack, or because proper integration would require dramatically changing their business model?
To be fair we never ever ever replace all the stack. I know quite a lot of people that make nice livings servicing horses.
First bridge web2 and web3 and then unbundle web2 into web3 layers.
This is radical and I canāt wait to see it play out. A world where the users benefit. The things that will be created!
yes! few esp in the identity space understand this. use web2 data as seed where helpful and just build web3 stacks with right incentives day 1
Major part of replacing the stack is allowing users to bridge data from Web2 to Web3.
Pretty much solving this with http://gandalf.page Going to allow people tokengate web2 content, as the first way of porting web2 to web3!
Do we want to just simply replace or build on top of? I think we should be focused on increasing functionality and compatibility. The stack doesnāt need to be replaced but reinvented?
v2 people create web3 and donāt tear down web 2 a āzkStarlinkā provides global free digital bridge to web3 web2 networks remain as testing environment and for bitcoin sufficiently decentralized at some level of abstraction ļ»æļ»æweb2 + web3 = web5
Seems like we need to solve funding public goods at scale to reach max velocity VC funding isn't a great fit for all of it How do we do that?
If we do a browser race just like in 90s. All web projects could easily be on web3 with full read, write and origin ownership.
Are you still investing in Web 3. Will NFTs survive next Cycle or we will see new narratives?
similar to when media companies "needed to get more social" circa mid 2000s. even m&a didn't work.
They can and should co exist to serve different purposes I think..