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…online where participants could interact without the help of an institution. In many circumstances, these protocols will out-compete Web 2.0 platforms because they extract less value from the ecosystem. They will also erode institutions over time by significantly decreasing the cost of coordinating economic activity.

Our Crypto Investment Thesis
999
9

Wendy Xiao

Web 3 Point 0
Blockchain
VC

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Richard Titus
Richard Titus

Written by Richard Titus

4.4K Followers
6.4K Following

CEO, Yogi, Serial entrepreneur, raconteur, coach, advisor and sometime entertainer

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