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Privacy Hour: Your Identity Matters
Recorded: April 30, 2025 Duration: 0:44:19Space Recording
Short Summary
In a dynamic discussion, speakers explore the evolving landscape of Web3, emphasizing the importance of partnerships, user onboarding, and the integration of AI technologies. They highlight trends in project launches and the need for tailored engagement strategies to drive growth and access in the crypto ecosystem.
Full Transcription
Thank you. Tess, Tess, can you hear me?
Yeah, I got you there.
Just moving things between one thing and another.
Welcome to my world most leaks. just moving things between one thing and another.
Welcome to my world most weeks.
Well, first of all, thank you. I appreciate you being able to launch this.
Like I said, I'm kind of on the move right now.
So usually when I'm on the road,
it's a little harder to do two devices
because I normally just launch it from my laptop,
which I can't do today, obviously.
I'm just trying to get my headphones back home.
Did you just bear with me?
Okay. Thank you. Yep, no problem.
Let me know if you can hear me.
I'm not quite sure if it's me or you now.
I guess while we wait for Jeff to connect or fix his earphones, GM to everybody who's tuning in to the Ontology Network Spaces number 572.
Tongue in cheek, obviously, but I feel like we've been hosting these live events for some time now.
And, you know, always grateful for your time and choosing to spend it with us I do see some friends some of the usual friends that we have in the audience
great to have you back thank you again for joining us as far as like what I'm doing just
kind of give a brief update here in the meantime'm in New York, the beautiful city of New York, which I've always thought this is my home away from home.
I've never lived here, but culturally will, or an unconference held by the
community that is on Farcaster, which I've talked about a lot. And I'm really happy to
be here as well, because it is the first time that I'm co-hosting an event alongside with Base. So if you've been following
my X account, you would have seen that from the CryptoSapiens account, I've been pushing pretty
heavily all of the announcements from the people who are collaborating on the event with us to the
people who will be speaking. I think those announcements started going out a couple of hours ago and in through the night and tomorrow morning.
It's, you know, it's the result of a lot of focus about what it means to bring people on chain or to use crypto in a meaningful way.
way. And, you know, this is something that I've leaned into for the last three years, but more so
in the last year with really kind of trying to emphasize the on the offline part of all of this,
which is, you know, connecting with people IRL across these, you know, different cities and
countries. And yeah, just happy to be here. So appreciate jeff kindly opening up the space that i could
still participate here uh and run around because i got to take a taxi in about 20 minutes to the
other top part of new york so hunky can you hear me if i just work on my phone here?
Yeah, I hear you just fine.
Okay, I've given up on the AirPods.
They're insisting they will only connect to the MacBook,
which has got the Spaces launched on it.
So I'm here.
I'm here and talking on here.
Yeah, AirPods, surprisingly, are pretty horrible at switching between devices.
They seem to have a preference with one over the other.
Yeah, it's mad. It's mad.
But hey, I'm here. I've given up. I'm working on this.
Well, glad to have you.
I don't know if you got anything of what I was saying.
In terms of what I'm in the world and what I've been doing
I could hear you loud and clear
and it's very exciting
I mean New York's wonderful
yeah 100%
this is like I said my home
away from home even though I never lived here
culturally it's always really
spoken to me.
And who knows?
My daughter chooses to go to NYU or Columbia.
I'll be back.
I'll live here.
Yeah, I went to a conference in Columbia, so I had a week in New York, and I really loved it.
Absolutely loved the place.
Yeah, it's a great city.
You know, it has really good energy.
It's surprisingly, I find it a lot more balanced than Los Angeles, even though some people might think that, you know, which is where I'm from.
Some of you might think that the culture there is a little more laid back, but it's actually, yeah, no, it's, I think it's because of how distant we are to one another and to everything in the city. today in 20 minutes between each one.
All of them, you know, it was pretty easy to get there and back.
So I just think, yeah, the city of New York just has better energy
and I really enjoy my time here.
I'm very jealous.
Although we have the hottest day of the year today,
so that's been quite nice.
Nice. Hot is, like, sounds like a good thing.
Well, it is for us, right? Because it's not LA hot.
So it's just, what it means is we're not freezing to death.
So it's pretty good.
Yeah, well, that's good.
But yeah, no, we, and by we in LA,
Yeah, no, we, and by we in LA, like, to the point you're making,
like to the point you're making,
it's usually with an asterisk
because it could get warm, hot,
and just unbearably hot, like 114 Fahrenheit.
I don't know.
I think that might be like 45 Celsius.
It's pretty, pretty gnarly.
Yeah, no, I get that.
I get that.
Did you have anything you wanted to touch on today, Humpty?
I had a bit of a realization earlier that I thought was quite interesting,
and it was a realization for me, probably not for everybody else in the Web3 world.
But I don't know.
What do you want to touch on today?
today. Yeah, man, I default to you because I think you, especially if you had a realization,
if anybody here is following closely, you normally have a lot of really interesting and deep insights.
You're not a casual thinker. You're a very deep thinker. So go for it, man.
Well, I'll tell you what I was thinking. I spent last year trying to talk to lots of
what I was thinking right I spent last year trying to talk to lots of um non-web3 projects
whether it be healthcare or uh education but various people who if I'm honest it's it's quite
difficult to talk to them and and I always think that onboarding into web3 is a um
it's a project in its own right,
if that makes sense.
If you're a DeFi project,
I actually don't think you should be onboarding people into Web3, companies or users.
If you're an identity project, same, same.
I actually think it's a big enough job
that it's a protocol in its own right,
that they are better positioned to onboard companies,
to onboard non-Web3 natives, to
onboard people and so on. And I always think that's a better way to do it. But I've been
concerned about lack of progress on how do we onboard people? How do we get healthcare
professionals? How do we get healthcare organizations into Web3? It seems like mission impossible,
right? It's just too big a jump for a lot of people.
And sorry, I don't know if you were still going, but you're speaking my love language now,
because that's precisely why I, as an individual, have found some level of success this year in
terms of what I've been doing for many, many years in this space, which is onboarding people to the Web3 space, to crypto, on-chain, whatever you want to call it, that's always been my North Star.
It's like, how can we make this space palatable, accessible, fun for people to want to participate and join?
is, to your point, most of us talk about it from a very broad perspective, like as if it will fix
everyone's problems, firstly, and then as if it will fix everyone's problems in the same way.
And why I've been very excited about this on-chain creator economy that I've been advocating and have been, you know, hosting, you know,
media events and IRL events around is because it is incredibly focused. We are talking to a very
specific group of people, in this case, content creators, and telling them or showing them the
different platforms and applications that exist for them
to meaningfully come on chain. And we have to understand their problems in order to
onboard them with the proper solutions. So yeah, an identity product like Ontology,
speaking too broadly, and Jeff, I don't think that you'll be surprised here and you might
back me up on this,
is why I consistently tell ontology we need to define our demographic,
our target audience.
Because if we're talking to everybody about identity,
we're talking to nobody about identity.
Yeah, no, and absolutely.
I mean, this is something,
yeah, I've heard you say so many times.
And I agree, as you know,
we are absolutely
aligned on this idea that there has to be a focus there has to be a target there has to be something
on there and and i think one of the things that really got me thinking is is and i'm gonna i'm
gonna talk about healthcare again right so so uh orange protocol recently added a bit of a campaign with BitDoctor,
BitDoctor AI. And we've spoken about AI quite a lot, right? We've spoken about,
is AI's home in Web3? What opportunities is it going to afford people in Web3? What opportunities
does it give to protocols? What happens with AI? And one of the things that I think could be really interesting
is I think it could do some of that work for us. So bigdoctor.ai, what they're doing is
they're bringing AI healthcare to the masses and they're doing it in Web3.
And so I sat there today thinking I've been talking to so many people around the healthcare
section, around healthcare providers or data providers and things like this, and got nowhere.
And then lo and behold, here's a protocol building healthcare solutions with AI,
and it's positioned itself in the Web3 world.
And I'm sat here thinking, do we actually, as a DID provider,
do we actually have to go out and drag healthcare, education,
and all these people online, on-chain?
Or will they eventually just have people build that out anyway?
And what we actually need to be is well- to support those products when they come on chain.
And we actually just be there saying,
welcome, happy to see you built on chain.
We're ready to support you.
I think, I wonder if AI, I guess this is my broader point,
things like AI are going to bring a lot of these off chain things
on chain eventually because they're offering a surface that works on chain. Does that make sense? are going to bring a lot of these off-chain things on-chain eventually
because they're offering a surface that works on-chain.
Does that make sense?
Yeah, absolutely.
And, you know, I think there's no single answer to this problem.
I think primarily the question or the way we need to look at this is
how big are you and how much of this can you afford to do as an organization?
If you're Microsoft, your job is to really advocate for the technology and draw a really big line around the problem and try to bring in a lot of companies and individuals to use that
technology, right? If your ontology, which, you know, comparatively speaking to like maybe
something like CryptoSapiens, much bigger, better, much better funded, you know, you can draw your
lines pretty widely too, but not as large as Microsoft, but certainly not as small as CryptoSapiens. your customer and your budget, you know, the other day, to be able to successfully
spend on your advertising and marketing to get people to notice and then
have very clear onboarding mechanisms to use your products.
Yeah, and I really like the point you were making about, you know, guiding creators,
for instance, into what's available to them, what they can do, what platforms are there.
And I think for most people, for most products and protocols and everything in Web3, it's still small enough that actually people can afford to offer this almost white glove service to get people on
board. If you've got a high valued creator, for instance, it's absolutely worth spending that time,
giving them that attention and helping them do all the steps that they need to do to get to where
they need to be. And I'm a big fan of this sort of white glove experience for people. I think what
it does is it enables them to get in safely,
to understand what they can do and what they can offer.
And then what sparks off of that can be massive comparatively.
Because you're right, I mean, nobody's competing with Microsoft in the Web3 world.
And, you know, even big projects in the Web3 world,
their user bases, their active daily users are very, very small
relatively to non-Web3. I think we can offer much more personalized experience for people,
not just people, but in a business-to-business sense as well. And I think that's something I
would like to see a lot more of, people understanding where they fit in the ecosystem,
what they can do well, who their audience is.
I'm just echoing you here, I guess, Humpty.
Then delivering it in a very personal, hands-on way.
I think that could be the key to getting more people involved
and getting people involved in the right way.
Yeah. When you say there's no one kind of competing or addressing the market in the size of Microsoft, I would, I mean, I would agree to some to some point.
But I would also say that there are players like Coinbase who are tackling the world of crypto in a way that most projects can't.
in a way that most projects can't. Being based out of the US, I witnessed the amount of work and
effort that Coinbase has taken on in order to onboard government officials to the ecosystem.
They're constantly participating in these platforms and conversations
participating in these platforms and conversations in order to make it much more palatable or even
accessible and regulatorily speaking to the rest of the world. So we do have projects like that.
It's just, you know, there's few and far in between. Yeah. And it's really interesting,
isn't it? So Coinbase, obviously, you know, so much more than an exchange now, right?
There's so much more going on and so many more things happening for whether it be the base blockchain to everything they're involved in,
both politically and in terms of that lobbying element of their work as well.
well and that's really interesting i think because does that throw up um almost a bit of a a dilemma
for the web3 communities right we often look i one of the things i'm always amazed at is is this
dichotomy almost that we have in web3 of people on the one hand wanting sovereignty or wanting ownership of everything they do.
And then a little bit of an obsession with personalities in the space, with big companies like Binance and Coinbase, who are becoming very traditionally focused companies.
And on the one hand, we have this cypherpunk sort of mentality. And on the other hand, we have this clinging to celebrities, to KOLs, to big names.
And if those big names aren't in projects, if the founder's not loud and proud, and my
God, we should have learned from loud and proud founders over the past five years, then
people kind of don't like that.
And so how do you balance that yourself Humpty you're
right Coinbase are an amazing company they've done great work actually for the web3 community but
how do you balance that combination of wanting sovereignty wanting to own things and then
actually some of the big players are just organizations you know that their shares will
be sold they'll be listed on
exchanges and these sort of things. Does that cause any dilemma for you? Or can you balance
that up quite happily? Well, again, I don't think that there's a right answer. The one thing I would
say is, you know, it's about narratives, and the way that those connect, because narratives at the end of the day are just stories. And I think the world revolves around good storytelling. So I think the main thing to concern ourselves with is the fact that we need a variety of narratives in order to connect with different people who have different interests, right, or different challenges.
different people who have different interests, right? Or different challenges. You can't speak
to someone in, you know, New York, the same way that you speak to someone in LA, the way you speak
to someone in Argentina, the way you speak to someone in Nigeria, right? Everyone has different
needs and different challenges. So you absorb information and, you know, you adopt different interests or services or products because of the way that
those have resonated with you. The culture, to the point of celebrity-like influencers,
I think speaks to a demographic to whom that's the way that they consume information and that's
the way they make decisions in the world.
The problem is when everyone thinks that they need to speak like a celebrity or an influencer,
because you miss the point that there are others who that does not connect with. I could care less what Beyonce or any of the Kardashians or whatever the rest of their
names are say, and it won't influence my decisions, my purchases.
However, that's what it seems like we default to,
the lowest common denominator when it comes to marketing in this space.
It needs to be a lot more nuanced in order to engage
a much more varied group of people
and onboarding them in the way that we claim to want to onboard
them. Yeah, I couldn't agree more. And I've seen some interesting projects and their names escape
me at the moment. But for a space that is quite transparent, we do push this idea of verify, don't trust and the idea of trustless mechanisms and so on.
And I have seen some projects building out sort of KOL platforms whereby they have reputation inbuilt within what they've done and what they've said and so on.
I think, you know, we see celebrities. I think Jason Derulo, if anybody remembers Jason Derulo,
I once had a little story here,
a little off story.
My son actually had a little McDonald's toy
that played Jason Derulo songs.
It was the worst toy ever invented.
But I think Jason Derulo very quickly
launched a token and rubbed people.
And we see this in a lot of celebrity tokens.
And actually some celebrities
launch token after token after token and carry on rugging people and yet still get followers.
You'd think surely by now when it comes to content creation, I know this is your bag, Humpty.
When it comes to content creation, when it comes to putting out messages or having influence, even if you're not an influencer,
I think everybody who's creating genuine content
is trying to influence people,
even if they don't see themselves as an influencer.
You'd think that maybe in this space,
we'd have better solutions for understanding
how trustworthy or what their behavior,
what the reputation of these celebrities
or these influencers has been.
Is that something you're seeing in that creative space people build out, or do you think there's
a different solution to that?
So I will say that the word influencer is many times seen with a negative lens.
I have plenty of friends who I would consider to be
influencers scoff and almost be insulted when I call them that. And the reason, again, is because
there's been this negative light put onto that word. But at the end of the day, anybody who
is able to either weave a narrative or retell a story in a convincing way,
it has an audience that listens to that, has a level of influence.
And with that influence comes, you know, by default being an influencer.
So I think, firstly, we need to maybe not be so negative about influence and influencers.
It's just bad influence and bad influencers, right?
Because not to go too far from the conversation,
but I remember that was the primary thing
I was taught as a child was, you know,
keep bad company, you get like bad manners,
which basically means you are around bad influence
or bad influencers. And those things will influence you to be bad. And so it's about
having an understanding of the people around you and the people who you listen to and ensuring that
they're, you know, not necessarily trying to influence you in a way that is to their benefit
or in a way that's going to harm you. And that's a very difficult thing to do. It's why even in any
of the media that I've produced in the past, I never truly did sponsorship the way most labs do because there is this thing in the back of my head that if a project in the future were to even accidentally do something that hurt people, right, or caused them some loss, then that association to my project would then, you just give me bad reputation so I never really
took funds funds that way uh for that reason but to your point of like you know influence and
influencers and reputation I don't think most people care I think most people care about the
stories and things that resonate with them.
And by the way, this is why social media is what it is too, is that it just kind of keeps
feeding into the loop of your beliefs.
And then the algorithm will just keep feeding you that information because it's what you
engage with the most, because it resonates with you and your beliefs.
And even if something else is equally true, although disagreeable,
you wouldn't be engaging with that content as regularly. So as far as reputation goes,
I don't think that it's necessarily something that people care about. Now, in terms of like
reputation signals and some of the experiments that I've seen, I think Kaito is one of the more recent platforms that I've seen do really, really well, where based on someone's social influence, there is some monetary gain.
And that gain could be captured by its participants as well, not just the creator itself. So it's an interesting, I won't call it solution because it's not really solving a problem, but an interesting game mechanic to apply to what reputation potentially looks like in social spaces.
Yeah, I guess I find that always the difficult part.
And I find it the difficult part in Web3 in general, in that we have a tendency to revert back to financial rewards, right? And I
know that you've argued many, many times that financial rewards for many people in this space
are not the be all and end all. It's not why many people do what they do. We have ambassadors,
harbingers, moderators, admins, all these people who aren't always driven by financial reward. They're driven
by many, many other things. And yet far too often what we do as projects is default to a financial
reward. And, you know, and that, I don't know, it has some dangerous connotations, I think,
when we start talking about reputation and when we start talking about gamifying reputation. don't think it's a bad thing I think it's something we should be aware
of I also agree Humpty entirely that I actually think most people don't want influencing when
they get on social media what they want is somebody to tell them that roughly what they
already believe is correct and what they're already doing is the correct thing to be doing
and so that's an interesting one I also algorithms I'd like to get onto algorithms at some point. Sorry,
I'm all over the place today, aren't I? Algorithms I find very interesting. And with you talking
about algorithms and how they can dictate what we see and how often we see it and how often we do
things, I do think that actually understanding algorithms better,
and I know, I think X now is a pretty open algorithm.
I think you can delve into it
if you've got the technical capabilities and look at it.
But I do think that that's an opportunity
for people in the more decentralized space
to potentially be much clearer
on what algorithms are doing
and maybe even allow you to tweak your
own algorithm and tweak how you want to see things as opposed to it being some mystical
curtain like the wizard of oz that we have to pull back and see the elon musk pulling all the
strings and directing where we go and and so i i guess i'd like to keep on the the content creation
basings you know that's kind of i i think, what you're doing in New York.
I missed some of it, but I think that's what you're working on.
Do you see elements of that content creation where, I guess,
the question I'm looking to ask is, what is Web3 giving to creators
that Web2 doesn't give them at the moment?
But more than that, what's it giving to creators the web two doesn't give them at the moment but more than that what's it
given to users why should i be taking my social media my content from the creators in a web three
space as opposed to a web two space that goes beyond financial incentive that's a big question
for you sorry about that no yeah that's a big question but also I'm not sure I have the answer, at least for that last part. In terms of what this ecosystem is giving creators, at the moment, the answer is not much. It hasn't clearly differentiated itself from traditional media platforms.
platforms, right? You look at one of the things we talk about is monetization, being a key
kind of indicator or value proposition for what we're doing in Web3 versus what TikTok and
Instagram and YouTube can do. I would disagree to a point saying that, yes, there are platforms like Facebook
and TikTok who don't necessarily share revenue in an equivalent or fair way.
There are others, though, like YouTube, who do. I believe it's like 60 or 70% of their revenue goes back to creators, which is actually
quite a lot when you think of it. And it's been designed in a way to try to be as fair as possible
where anybody who has any level of growth, both in terms of their audience, but also engagement can tap into that and monetize that influence.
So to that level, we don't have anything yet that can solve a problem. I would say if there's
anything that it's currently doing better, it's building community. I think that even you could
look at platforms like YouTube who have tried to open up like YouTube or excuse me, community channels.
It's a bit broken, especially when it comes to like getting some sort of like incentives that are defined case the the audience the listeners to to to be able to like
share some some value in return like all of these things aren't very they don't work very well
because the payment or pieces of it aren't very um well they're pretty robust, but they're not flexible. And I think in the Web3 space, we have better payment mechanisms to add a level of flexibility
to that relationship, where if I want to reward people who viewed my content and helped me reach a million kind of views on that,
I can do so quite easily because the data is open for me to have visibility into it.
But also, you know, the payment mechanisms are built in and I can issue some sort of reward,
you know, retroactively for that success. And the same can be said, if you were one of the first
thousand followers, you are now part of my core community that I will continue to reward over time
because you've been there from the beginning. There's really no good way of doing that now
on traditional media platforms. YouTube doesn't give you visibility into that. TikTok doesn't give you visibility into that. And so community and relationship building,
I think are the things that we currently can do better. But again, it's because the financial
rails are much more sophisticated in that they provide a lot more flexibility while retaining a level of trust like what you would get with PayPal or Venmo or Stripe.
Yeah, I think that makes perfect sense.
And I think, despite what I said earlier, I think one of the big strengths of Web3 is that those payment mechanisms and the ability to reward people
is built in. It's pretty straightforward. It's something that most people who've spent a little
bit of time in Web3 are very familiar at. So here's a question then, I guess. Could we predict
potentially as Web3 socials mature, as potentially we have platforms, and you can see they probably already exist.
I'm not high up on my Web3 social understanding, if I'm honest.
But, you know, where people within a social platform could potentially decide to launch their own token and do things.
own token and do things are we predicting an age of celebrity airdrops where and and as such
celebrity airdrop hunters where potentially we see some influencers suddenly gain huge amounts
of followers and huge amounts of interest because there's rumors of an airdrop a Humpty airdrop
coming if you follow his tweets and uh everything he's doing, is that something we see happening in the future?
Celebrity airdrop hunting?
I mean, we're already seeing that to a degree, aren't we?
Like, or we've already seen that, I would say, in previous cycles.
And usually, by the way, that marks the top of a cycle
is when celebrities get involved.
Because they're usually the ones that come in
and just completely vacuum up any liquidity through these airdrops to the point that you're
making. So I don't think that it's necessarily going to be driven by celebrity. I would actually
think that this is going to be driven by micro influencers because celebrities already have established systems for being able to monetize attention.
You know, even these, the platforms that I mentioned that don't necessarily have a good creator reward system do have systems in place to reward the Kylie Jenner's of the
world. Like Instagram has a system in place to make sure that she stays on that platform
and is paid handsomely for, you know, the time she spends on that platform. And the same can be
said for other creators on platforms like TikTok, you know,
and even YouTube, because they have other programs that are separate to keep those bigger names
attached, right? But those people, if they come in, they're just not necessarily trying to build
anything new or novel. They're really just trying to like leverage their brand or celebrity and translate that into some sort of financial gain.
I think, and I think if this is not how it works, I don't know what will,
it will be the micro celebrity and microencer who doesn't have that same level of access and opportunity
that will lean into these products to be able to find not equal to, but definitely a level
of success and growth.
I really love the fact that you just spoke about access and opportunity there.
So one of the things I really like to try and figure out is where the strands
across Web3 intertwine, what brings Web3 together as a cohesive whole. And anybody who's listened
to me talk quite a lot knows that I like DeFi. That's what brought me into Web3 in the first
place was DeFi. And what I like about DeFi is it brings access to people who didn't necessarily have
access. It brings opportunity to people who didn't necessarily have opportunity. And so it's really
interesting to hear you talk about creators and that social sphere in terms of opportunity and
access. And I wonder if that's one of the underpinning things for Web3 that we do talk about.
It is not a new thing, but do we talk about it enough?
Do we talk about it beyond DeFi enough that it is about people having opportunity and
access in a way that the current behemoth Web 2 systems don't allow for people? Whether you're a creator, whether you want to buy bonds for the US or Singapore,
is it about opportunity and access?
And is that more important than the financial rewards,
that actually you can reach people you couldn't reach before,
you can access investments you couldn't access before.
We've seen decentralized science kick off.
So actually, you might be able to get funding for science
that you wouldn't have got before.
Is that the key here?
Should we be pushing the idea of access more and more to people?
Is that something you've seen resonate with creators when
we spoke to creators, Humpty, the idea of access and accessing a different audience?
Yeah, it's funny. We keep coming back to funding, right?
You're talking about DSi and finding a new avenue for receiving funding, which funding for nonprofit or scientific endeavors is a very difficult kind of way to go about, you know, getting those things
paid for. It's not simple at all. I would say creators who I've spoken to, their primary
driver for wanting to learn any of this is funding as well. They want to find a better way,
not even a new way, because they're not currently monetizing. They want to find a better way to
monetize their content, to monetize attention. So yeah, I think at the end of the day, financial
incentives are a tremendous way to drive interest and maturity into the space.
I will say in terms of access and opportunity
that it worked well for the internet in its early days
when it presented a new way to connect with people around the world.
It gave us access to other people
that we otherwise didn't have access to
or information via encyclopedias
and just Google to be able to get information
that we otherwise wouldn't have access to.
So access and opportunity,
I think from a non-financial perspective
is equally important to lean into
because I think that what we're building is just
the next generation of the internet and how that will function in terms of access and opportunity.
I almost want to end on that statement, Humpty. I think that absolutely hits it on the head,
right? I mean, if we look at what the internet brought us i remember wikipedia really
becoming a thing and really becoming something people trusted and went to and universities in
the first instance were like you can't necessarily trust wikipedia don't use wikipedia as your
sources and it became so good and it was free free access for everybody that actually became a
great starting point for information a lot of the time not necessarily the that actually became a great starting point for information
a lot of the time not necessarily the end point but a great starting point i i do my current job
because i spoke to people on the internet not in web3 but actually on the internet places like
amazon and facebook marketplace allow people to sell things and sell products we've seen dating
go online so people can meet people they would never meet before there's platforms like meetup that allow people to join groups and make friends in
cities that they don't know very well and all these things and that is all about access that's
about access to things you didn't have access about and then on your final point which i think
was the most important point and i know it's a bit of a meme.
I know we talk, I know it's like Web 2,
you consume Web 3, you are, you own,
and those sorts of things.
But I always think Web 3 is almost closer
to the first iteration of the internet,
where people, if you wanted to host your own profile
with your own photos on and your own contacts,
you would do it on your own machine, right?
It would be decentralized.
It would be your own hosting.
And that was kind of cool, but absolutely unpractical.
And then suddenly we have, I agree, the new internet,
and I believe that's what we're building,
whereby you can still maintain ownership over things but without the
clunkiness of having to have your own system set up at home having to have your computer on 24 7
and all these things because you've got these series and nodes around the world that are doing
that for you but you still own it and i think despite it being a meme despite saying it too
often it is true, right?
That is what we're building at the end of the day, a better version of the Internet.
Yep.
And I'm happy to end it on that note as well.
No need to belabor a point if a point has been made.
No, let's go with that.
So thanks for everybody tuning in.
Thanks for everybody who's listening on record.
After a lot of rambling from me, and thank you, Humpty, for keeping up with my absolute
mind splurge, we conclude that we're building the next version of the Internet.
Easy.
Let's do it.
