A Check into the Future of the Online Economy
Ryan Lechner shares an article on the current status of Blockchain, a look into Web3.0, and the future of a user-centric online society.
For the last year and a half, I’ve done my part to convert Web 3.0 from promise to reality. I’ve looked at hundreds of blockchain projects, spent countless hours evaluating the space, and helped ConsenSys build out various aspects of its business.
These past 18 months have been the greatest intellectual journey of my career. Every day was a Talmudic investigation into the foundations of the internet and the faulty structures underpinning our online lives. ConsenSys was a training ground, my Dojo, for building a new and fairer internet.
Despite the awesomeness of this adventure, I’ve decided to duck out for a little while. For anyone who follows the space, the reasons should be obvious and are likely not worth long form explanation: dApps lack adoption, blockchains are still janky, few use cases beyond ‘store of value’ are proven out, etc.
Points covered in this article include:
- Online networks
- Design markets
- Internet economies
Read the full article, I’m leaving Blockchain (for now.) Here’s what I’ve learned, on Medium.