With the web2 social space spanning across categories such as social networks (Facebook), video sharing (YouTube), photo sharing (Instagram), community platforms/forums (Reddit) and a host of tools for brand, influencer and community engagement and management, we can expect the constellation of web3 social to be as broad. While we shouldn’t expect (or want) every web2 social product to have a web3 equivalent for the sake of it, blockchain potentially offers new ways to extend or enhance the value proposition of some social products we use today, particularly when they embrace the ideas of vested communities, incentive alignment, value sharing/distribution via token economies, and operating social platforms as open economies.
Early investment themes in web3 social
Early investment themes in web3 social
Early investment themes in web3 social
With the web2 social space spanning across categories such as social networks (Facebook), video sharing (YouTube), photo sharing (Instagram), community platforms/forums (Reddit) and a host of tools for brand, influencer and community engagement and management, we can expect the constellation of web3 social to be as broad. While we shouldn’t expect (or want) every web2 social product to have a web3 equivalent for the sake of it, blockchain potentially offers new ways to extend or enhance the value proposition of some social products we use today, particularly when they embrace the ideas of vested communities, incentive alignment, value sharing/distribution via token economies, and operating social platforms as open economies.