How Web3 unbundle Marketplaces by @Sangeet Choudary
While I was reading the great article of Sangeet Choudary, I was taking notes in order to understand the main differences between Web2 and Web3 and my schematic brain create this table as an output ( well, to be honest, it was black and white and no icons.😜 Max helped me to make it beautiful! ). Hope it helps you to understand.
I will stay with 3 main ideas about WEB3:
👨👩👧 - "Shared ownership of market infrastructure by the ecosystem.
🎖️ - The best search interface and the best reputation system gain market adoption, not just the one sponsored and enforced by the central market maker.
🔃 - Benefits from a mutually reinforcing cycle where:
greater adoption of the protocol for governance drives
greater creation of marketplace infrastructure,
which in turn reinforces the adoption of the protocol."
I will stay with 3 main ideas about WEB3:
👨👩👧 - "Shared ownership of market infrastructure by the ecosystem.
🎖️ - The best search interface and the best reputation system gain market adoption, not just the one sponsored and enforced by the central market maker.
🔃 - Benefits from a mutually reinforcing cycle where:
greater adoption of the protocol for governance drives
greater creation of marketplace infrastructure,
which in turn reinforces the adoption of the protocol."
Read the full article here:
😉