Hot Take: we’re not going to see rapid mass adoption of ‘web3’. There will be no iPhone moment.

Rather, web3 principles, ethos and technology will more tightly integrate into web2 experiences, slowly influencing it until all that exists is a ‘web’ somewhere between the web3 vision and web2 present reality.

Operator turned investor. Work in TradFi.  🟪

Interesting view. I do believe web3 will have its iPhone moment, but it won’t be on any chain that is active today or directly consumer facing — rather, it will have its AWS moment, where a critical mass of developers have moved to it due to the benefits of true decentralization.

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

And we see this paradigm play out all throughout history. Whenever there is a technological step-change, there's always a period where incumbents adopt it and integrate it to try and remain competitive.

That’s totally fair — I do expect that web3’s inversion of user identity management and data portability will be one that does lend to novel use cases, but all user facing moments of that will inevitably be second order effects that will only go noticed by people highly interested in the minutiae.

I agree with your take on an ‘AWS moment’ and think it will likely come after an interim period where we see more hybrid integration based ‘adoption’. Sort of like how many industrial era companies still have hybrid cloud strategies. 

I view an ‘iphone moment’ being more consumer centric w/faster adoption