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The Next Crypto Cycle - web3, DAOs, and NFTs with Patrick Rivera

The Deep End by ODF

CHAPTER

Web Three

In your presentation, you say that web two point ory goes to 20 18. What happened in 20 18? That transitions us to three point o. As people think about the space, yes, copi i would say it's not, as thats fairly arbitrary. But more so round this time period is that people are coming kind of disenchanted with the current model of the web and these large social networks. Andso then reacing a lot of things around oketes. Unlike previous eras, it seems like they're very sophisticated. Theyre re investing in the future. Their willing to invest in projects that may not yield a positive net return any time in the near future.

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