"Why Web3 Matters: A New Era of Decentralized Ownership and Control"
Hatched by Kazuki Nakayashiki
Aug 06, 2023
4 min read
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"Why Web3 Matters: A New Era of Decentralized Ownership and Control"
We are currently experiencing the dawn of the web3 era, a merging of the decentralized, community-governed ethos of web1 and the advanced functionality of web2. Unlike its predecessors, web3 is designed to be owned and controlled by its builders and users, facilitated by the use of tokens. This shift in ownership and control brings about significant changes in the dynamics of network participants.
In traditional web models, as companies reach the peak of their growth, their relationships with network participants often become zero-sum. They extract data from users and compete with their former partners in order to sustain growth. This creates a misalignment of incentives, leading to conflicts between the company and its users and partners.
However, in the web3 paradigm, ownership and control are decentralized. Users and builders can now own pieces of internet services by owning tokens, which can be either non-fungible (NFTs) or fungible. These tokens grant users property rights, allowing them to have a stake in the internet itself. The possession of tokens aligns network participants towards a common goal - the growth of the network and the appreciation of the token. This resolves the inherent problem of centralized networks, where value is concentrated in the hands of a single company that may end up conflicting with its own users and partners.
The concept of web3 opens up a world of possibilities for individuals to have a more active role in shaping the internet. By owning tokens, they become stakeholders with the power to influence the direction and development of the network. This decentralized ownership model empowers users and builders to contribute to the growth and evolution of the internet in a collaborative and mutually beneficial manner.
Now, let's shift our focus to the topic of structured learning. Radi, in his blog post, discusses the difference between structured and unstructured learning, emphasizing the importance of intentionality in the learning process. Structured learning involves following a predetermined path with clear objectives, while unstructured learning occurs more organically without explicit direction.
Radi outlines three distinct phases of structured learning: discovery, sense-making, and experimentation. The discovery phase involves exploring new ideas and topics, while the sense-making phase is dedicated to delving deeper into a chosen subject. Finally, the experimentation phase allows for practical application and hands-on learning.
One way Radi maintains structure in his learning journey is by creating visual knowledge maps on platforms like Heptabase. These maps help him organize and visualize key concepts and skills he wishes to develop. Additionally, he keeps track of the literature he consumes, such as books on Goodreads and written content on Glasp, a platform that enables annotation and record-keeping.
Radi also highlights the importance of external motivation in structured learning. In the absence of traditional institutional oversight, he believes that the public record of the internet can serve as a powerful accountability tool. By intentionally sharing his learning and progress in public spaces, Radi creates a sense of responsibility and commitment to his continued growth and development.
This approach aligns with the idea that the internet can foster a sense of community and collaboration. By sharing knowledge and experiences, individuals can contribute to the collective growth and learning of others. Platforms like Glasp, which facilitate the annotation and sharing of written content, serve as catalysts for this type of communal learning.
In conclusion, the emergence of web3 and the concept of decentralized ownership and control bring about a new era of possibilities for the internet. Users and builders now have the opportunity to own a stake in the services they use and contribute to their growth and development. Simultaneously, structured learning in the post-school phase can be approached with intentionality, leveraging tools and platforms to create structure, accountability, and community. By combining these two concepts, individuals can actively shape their own learning journeys while actively participating in the evolution of the internet.
Actionable Advice:
- Explore the world of web3 and understand the potential it holds for decentralized ownership and control. Educate yourself on tokens and their role in aligning network participants towards a common goal.
- Embrace structured learning by identifying your learning objectives and creating a roadmap to achieve them. Utilize tools like visual knowledge maps to organize and visualize key concepts.
- Share your learning and progress in public spaces to foster a sense of accountability and contribute to the collective growth of knowledge. Platforms like Glasp can serve as valuable tools for annotation and sharing resources.
By embracing the principles of web3 and structured learning, you can take an active role in shaping your own future and the future of the internet.
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