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 […]
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.
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.
In Part 1, I did a quick summary of the strange mix of ideas that is “web 3.0”. Blockchain, a new technology paradigm. Decentralization, which moves control away from corporate and government authorities. And back to users and contributors. New forms of governance based more on consensus and community. But I haven’t really talked about the […]
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 […]
In Part 1 and Part 2, I laid out my approach to web 3.0 business models. These are sometimes called “decentralized platforms”. Or “protocols”. I don’t really buy either of these as I think they overemphasize the decentralized aspect. And that is rarely enough to win as a competitive service. I think most of the […]
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.
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.
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 […]