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

Building Larry, FOSS via @frames, @framesfun /open-frames to help decentralized social win. a16z CSX23. farcasterchannels.com farcaster.id

My answer was:

1. Bottoms up innovation from the community and therefore much faster innovation feedback loops and 10x better apps.

2. Better apps because apps no longer need to battle the cold start problem with building a community/network effects.

3. Better app experiences due to portability of your social graph


this feels forced to me. This has been done in web 2. Remember facebook apps? At the beginning it was crazy open. You could spam the social graph etc. It ended up adding some value, but not enough for FB who realized that users don’t like app spam, and they can make more $$$ via ads