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Bajaj

@vinamr

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Bajaj
@vinamr
Interoperable identity systems are a fascinating application for decentralized identity and credential frameworks. The main objectives of interoperable identity include: (i) Empowering users with control over their data [reducing dependence on centralized entities] (ii) Facilitating seamless access across platforms [eliminating the need for multiple logins] (iii) Enhancing privacy and security [through cryptographic proofs and decentralized verification] (iv) Supporting diverse real-world applications [finance, healthcare, education, etc.] These goals align closely with what decentralized identity solutions (e.g., DID standards, verifiable credentials) aim to achieve. Real-world use cases are already emerging: In finance, interoperable identities streamline KYC processes while preserving user privacy. In healthcare, they enable secure sharing of medical records across providers.
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Bajaj
@vinamr
Airdrops are a perfect initial use case for the tokenomics revolution we're seeing in Web3. The goals of Web2 advertising were: 1️⃣ Acquire users at any cost: Retain them long enough to make the LTV formula work. 2️⃣ Monetize user data: The more you know, the more you can sell. 3️⃣ Centralize control: The platform reaps the profits, users are the product. But Web3 flips this completely. With tokens, we shift to: (i) Distribute value to users, not advertisers: Tokens incentivize real ownership, not just passive attention. (ii) Reward genuine contributors: People who build and grow the network earn real stakes, not just fleeting attention. (iii) Eliminate extractive models: No more massive take rates or middlemen siphoning value. Tokens flow directly to users. (iv) Foster decentralized growth: In Web3, communities self-market. Ownership drives evangelism, creating organic, sustainable growth.
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Bajaj
@vinamr
And then you’re depressed about your physical health!
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Bajaj
@vinamr
God giving signs
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Bajaj
@vinamr
Why I can’t travel anymore lol
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Bajaj
@vinamr
As the Chief of Staff at Intract.io, a web3 questing platform, I've gathered valuable insights on what truly works in web3 marketing. Here are the key takeaways: 1. The Reality of Paid Ads: Traditional paid ads are highly restricted in web3. According to recent industry reports, less than 10% of web3 companies effectively utilize Google Ads or similar platforms due to regulatory and platform restrictions. 2. The Limited Role of SEO: SEO in web3 is often ineffective. Despite spending over $20,000 annually on SEO optimization, many web3 companies report minimal traffic from traditional search engines. The audience primarily resides on platforms like Discord and Crypto Twitter. 3. The Cost of PR Campaigns: Traditional PR campaigns can be prohibitively expensive and often fail to build trust. A survey of 50 web3 startups revealed that over 70% found PR to be less effective in establishing credibility compared to community engagement.
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