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 […]
Category Archives: Protocol Networks
My List of Web2 and Web3 Business Models (3 of 3) (Tech Strategy – Daily Article)
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 […]
More Important Strategy Concepts for Web3 (2 of 3) (Tech Strategy – Daily Article)
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 […]
The Big Strategy Concepts for Web3 (1 of 3) (Tech Strategy – Daily Article)
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 […]
The 5 Important Strategy Concepts of Web3 (Tech Strategy – Podcast 133)
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.
Why Uniswap’s Protocol Is a Threat to Coinbase’s Marketplace (Tech Strategy – Podcast 120)
In this podcast, Jeffrey Towson discusses how Uniswap’s protocol is a threat to Coinbase’s PPH marketplace. He argues that Uniswap is more decentralized and efficient than Coinbase, and that it is likely to attract more users and liquidity. Ultimately, the success of Uniswap and Coinbase will depend on a number of factors, including the adoption of decentralized finance, the regulatory environment, and the competition from other exchanges.
Coinbase vs. Uniswap: How DeFi is Really Disrupting Platforms (Asia Tech Strategy – Daily Article)
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 […]
Coinbase and How Web3 Is Different (Tech Strategy – Podcast 117)
In this podcast, Jeffrey Towson discusses how web 3.0 companies like Coinbase are different from traditional web 2.0 companies. He argues that most successful web 3.0 companies are platform-protocol hybrids. Towson also discusses the future of web 3.0 and how it will impact the global economy.
Platform-Protocol Hybrids and Why DeFi is the Center of Web3 (2 of 3) (Tech Strategy – Daily Article)
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 […]
How to Think About Web3 Business Models (1 of 3) (Tech Strategy – Daily Article)
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 […]