You’ve been hearing about Web3 and metaverse and crypto, and everything is changing. But is that a good thing or a bad thing? Let’s yell at the metaverse and see what echoes back.
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SHOW NOTES:
- What is web3? (CB Insights))
- Notes on Web3 (Robin Sloan))
- An Engineer’s Hype-Free Observations on web3) (PSL)
- Why Microsoft might beat Zuckerberg to the metaverse) (Venture Beat)
- It’s a web3 world now, how does the hype compare to Web 2.0?) (The NewStack)
- The Facebook Company is now Meta)
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WHY IS EVERYONE TRYING TO CHANGE THE EXISTING INTERNET?
The metaverse is part of a bigger evolution called “Web3”, which is looking at new interaction models, new payment models, and new ways to represent life in a fully digital world. How did we get here? What lessons from the past can we learn?
HOW MIGHT THE METAVERSE CHANGE THE INTERNET, FOR GOOD OR BAD?
- Like Web 1.0 and 2.0, Web3 is initially being positioned as “for the youth”, but there’s already a subculture of people trying to make it “for the Enterprise, as well”.
- Metaverse and Web3 have all-digital versions of things (identity, goods, payments, etc.) that seem complicated and confusing to anyone that doesn’t start there.
- There will (likely) be many metaverses, and this will be OK, and people will ask for standards and things to interoperate.
- There will be consumer metaverses and Enterprise (“work”) metaverses. People will wish the work one was more like the consumer one - but not always.
- Metaverse assumes that we want to blur the lines between what had been a distraction (e.g. gaming) and what we want in the rest of our lives.
- A lot has changed since we first tried this 15 years ago (e.g. Second Life).
- There is a lot more psychology involved in these virtual worlds than you initially think, especially outside of the “native” community.
- Be cautious around the people that talk very fast when you ask questions, and always tell you that you don’t understand it and need to be authentic.
- Experiment. Ask questions. To research with problems in mind.
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