web3 with a16z crypto cover image

Network Effects, Moats, & the Business of web3

web3 with a16z crypto

CHAPTER

The Future of Cryptocurrency

This is where like wallets have a lot more potential for embeddedness. Your crypto wallet can be embedded in many different services, but also so can your NFTs. So can your digital diploma. And exactly as you say, the Alipay example is perfect. That's a classic web2 style platform that maintains a lot of its advantage through embeddedness. It's just used in so many different services. Web 3 opens that up and again, it opens it up to everything.

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