df
@df
Had a call with an industry titan in product management yesterday. He asked me in which ways web3 social can be: Cheaper, Faster or Better than web2 social? I had an answer that I thought was compelling, but his follow up questions were challenging. I'd be (genuinely) curious of what you think is the strongest answer
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$ALEX Masmej
@alexmasmej.eth
Web3 social shifts social networks incentive from “showing ads to as many people as possible” to “selling goods as much as possible”. This enables “online depth”. The new goal is to connect like-minded people who want to transact with each other, not feeding them “engaging yet superficial” content.
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$ALEX Masmej
@alexmasmej.eth
For example, fans are mostly anonymous to artists. With web3 social, connecting them directly may be a viable business model. Artists will finally be able to sell and thus use the app. Platforms take a fee and print money like Opensea.
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