If web2’s moat is data, what is the equivalent for web3?

building far.quest & /farmarket. cofounder at miy.com ventures. FID #274. Previously Square/Cash App. hi_im_nico.twitter

crypto education @ Coinbase | dad | FarCat guy | occasionally I code

It’s gonna be UX and utility. Needs an obvious, compelling use case. And it’s got to be simple to use.

yes and yes

My hypothetical question is how does a wannabe monopolistic product build a moat given all users data are open and available to its competitors?