Network Effects In A Web3 World: Thinking Outloud
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How are network effects going to be affected by Web3?
What happens when we are dealing with digital platforms that users have stake in? To compound it, where do things go when people can also have stake in the network that the platform is connected to?
In this video I ponder these questions along with the fact that we might be seeing the impact of each action even greater than with Web 2.0. We know network effects mean we are dealing with a greater than 1:1 on social media. What happens when your activity also flows through to the network (blockchain)?
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