Why we believe in the future of web3 - Crypto in Plain English - Episode 300 - by cryptohunt.it

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Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English.

… But today, we mix it up again. It’s a special episode. For 1 and a half years I have been recording an episode every day of the week here in my garage studio… and today we are at number 300.

And with everything happening in the crypto market, this episode is long overdue. If you’ve been sitting out there, asking yourself if it’s all still worth it despite all the bad news, we got you covered.

That’s why today’s format will be a little different!

1. We will talk about why we are still so bullish on web 3 despite the current news in a bear market

1. Here is a new idea, called Web3, that really gets us, and many others, excited.

• 🔭 Web3 is the future of the internet
  
  • Giving people the power to shape the internet, and controlling the flow of their money will create incredible momentum. Web3 is inevitable and we are at an inflection point.
    
• And it’s important to understand, that companies will want to be in it too. 🍪 and Tracking are dead: Web3 is the future of how brands engage audiences
  
  • Old, Web2 technologies like cookies and tracking are dying. Brands need new ways to build lasting relationships with audiences.
    
  • Web3 and smart contracts are how they will accomplish this. Buying a sneaker online will give you access to an exclusive community of owners. An NFT ticket for a concert will give you first dibs on buying the artist’s new album.
    
• 🚧 Web3’s biggest roadblock is how hard it is to use
  
  • Web3 is happening all around us already. But it’s still for an exclusive club of people who’ve figured out the very technical landscape of wallets, keys, onramps, offramps, degens, frens, and whatever strange language they throw at us.
    
  • Education and easier-to-use products will be the catalyst for the mass adoption of Web3. The power behind the idea of Web3 will drive their development.

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.