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Network Effects, Moats, & the Business of web3

web3 with a16z crypto

CHAPTER

How to Think About Business Strategy for Web3

Almost every Web3 business is an example of a platform, he says. "The more people on the platform, the more powerful and higher quality the average interaction is" Platforms are any context in which businesses enable people to interact with each other; they're characterized by network effects. They should emphasize that platforms are not a novel business model to the internet., writes David Weinberger.

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