High flying Coinbase has fallen to $50 per share, which is about a $10B market capitalization. This is dramatically down from its 2021 IPO share price of +$300. This drop follows mostly from its revenue being directly tied to the prices of Bitcoin and Ethereum. But it also has to do with the tremendous loss […]
I’ve been arguing that digital strategy is mostly about developing expertise in 4 areas. Digital economics Platform business models AI and machine learning Blockchain Each area has lots of depth and most of the subjects listed in the Concept Library are about the first two. The last two are still emerging. But I think if […]
In Part 1, I went through two strategy concepts for web3. Protocol Networks (i.e., Blockchains) with Property Rights Composability (i.e., Building Blocks) at Global Scale And I teed up two main questions for emerging web3 business models: The Value Creation Question: What is the most important use case and what value does this create for […]
Everyone describes their initial look at blockchain and web3 as “going down the rabbit hole”. It starts simply with Bitcoin and cryptocurrency. Then they go to Ethereum. But then it quickly becomes a sea of confusing, contradictory, and usually half-baked topics. Such as: Decentralized vs. centralized platforms and systems. DAOs (decentralized autonomous organizations) and other […]
Web3 is the next generation of the internet, built on blockchain technology. It has the potential to revolutionize many industries, including finance, healthcare, and education. In this article, Jeff Towson discusses five important concepts that businesses need to understand in order to succeed in Web3.
This week’s podcast is about how web 3.0 is creating three types of marketplaces: Digital platforms (web 2.0), such as a Taobao Platform-protocol hybrids, such as Coinbase Protocol networks, such as Uniswap You can listen to this podcast here or at iTunes and Google Podcasts. Here is my new book: Moats and Marathons (Part 1): How to Build […]
There is a lot of talk about how web 3.0, which is about protocol networks, is going to disrupt web 2.0, which is about platform business models. I’ve given you my take on this in three articles: How to Think About Web 3.0 Business Models (1 of 3) (Asia Tech Strategy – Daily Article) Platform-Protocol […]
This week’s podcast is about web 3.0. I view most successful web 3.0 companies like Coinbase as platform-protocol hybrids. You can listen to this podcast here or at iTunes and Google Podcasts. Here is my new book: Moats and Marathons (Part 1): How to Build and Measure Competitive Advantage in Digital Businesses Kindle Edition Here is a […]
In Part 1, I did a quick summary of the strange mix of ideas that is “web 3.0”. Blockchain, a new technology paradigm that will be built upon for decades. New forms of governance based more on consensus and community. How to disrupt corporate and government authority and shift control and benefits back to users […]
Right now, the venture capital types are all talking about “web 3.0”. Very big names are arguing that this is the big new tech paradigm. But really this is about blockchain, which is a much bigger and more important technology than I had appreciated. When I look at the digital world, I now put things […]