The Power of a Platform
Most businesses and industries are built around “hits” or products. Here is the power of building a platform as illustrated by Apple’s App Store Billings.
The Value Chain of the Open Metaverse
- Web3 allows value to accrue to those who create and those who consume.
- Decentralized networks allow for platforms to be built, which no one entity owns yet everyone trusts. There is interoperability and value (money) can be transferred.
- At the heart of these networks are consensus protocols and standards baked in.
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A great read for a base understanding of the potential of decentralized networks.
Author: Not Boring Read: 23 min.
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