WTF is Web3: A Beginner’s Guide to The Internet’s Future with Jag Sharma, Jason Kapadia and Jen Campbell - E56
Web3 is the future of our internet, but what on earth does that even mean?
It stands among esteemed company for misunderstood jargon alongside blockchain, cryptocurrency and the Metaverse - that’s where we come in to demystify it all.
Jen, Jag and a returning Jason muse over the tech that’s leading our internet, what’s yet to be proven, and where it could lead us for the future of the web…
This episode of Disconnected covers:
How decentralisation forms the basis of the blockchain
When we might see the proliferation of Web3
How much of the technology is yet to be proven in practice
The hardware barrier to Web3 and the Metaverse
Episode Highlights:
“Alongside decentralisation you have the blockchain, basically a public record of all transactions that ever happen on the network, like a giant ledger that everyone can see.” - 3:00 - Jason Kapadia
“The CFO is always going to say ‘That’s great, but how am I making my money back’, and unless you take them on the journey of investment in innovation, I don’t think you’ll get the execution.” - 15:10 - Jen Campbell
“AI is part of Web3, and it’s the only element so far where it’s easy to see the utility element of it. We’re seeing it baked into existing services, seeing how it can add value, so I have hope for AI in that regard.” - 17:40 - Jag Sharma
“If you really look at what NF T's are, I think the whole curtain’s been lifted on what it is: just crypto tokens that have a unique transaction code and metadata. Basically, they're like the paper receipts you get when you buy something at Best Buy. ” - 25:05 - Jason Kapadia
“$3,500 for Apple’s headset vs $500 for Meta’s Quest 3 headset - I think it's obvious to me who wants the Metaverse to work more badly.” - 31:15 - Jag Sharma
Links & references:
Jen Campbell:
https://www.linkedin.com/in/jennifer-m-campbell/
Jason Kapadia:
https://www.linkedin.com/in/jasonkapadia/
https://www.instagram.com/jasonkapadia/
Jag Sharma: