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These days there are lots of naysayers, but web3 is on track to become the internet we all use in 2030.

Here are 15 content pieces that separate FACT from FICTION:
FICTION: The crypto crash means web3 is over. ❌

FACT: 'Product (tech) cycles and financial cycles evolve independently.' ✔️
This week, in a tour de force of a blog post, @cdixon notes:

While 'financial sentiment fluctuates unpredictably and sometimes wildly

product cycles follow their own internal logic and tend to be more predictable.'
@cdixon He charts the growth of digital tech from the pre-1980s to today:

The financial cycles have highs and lows.

The product cycles relentlessly evolve, from incubation to growth (and mass adoption).
@cdixon Web3 has barely emerged from its 'incubation phase.'

To understand where it's headed, we cannot listen to the naysayers.

According to Chris, we must observe the product cycles and 'the enthusiasts who see possibilities where others don't.'
@cdixon In 'Staying Positive' @fredwilson cuts through the noise:

'There are people out there declaring tech is dead and web3 is over.

Ignore all of that, focus yourself and your team on building and move forward with optimism and positive energy.'

avc.com/2022/06/staying-positive-2/
@cdixon @fredwilson In 'Building Through a Bear Market with Our BFFs' @jaimeschmidt and @brit note:

'We don’t see volatile markets as a reflection of the future of web3.

The blockchain and the promise of a more progressive and decentralized internet is not going away.'

mirror.xyz/0x6cf2Ad05FC0fD636770d17f3aF4544fBB240bCD6/Qs7S2HUBT3RoCDUSBn2bUjNqe3-YLH4KL_Blgp1meeU
@cdixon @fredwilson @jaimeschmidt @brit This poetic tweet from @chriscantino sums up the current web3 ethos:

@cdixon @fredwilson @jaimeschmidt @brit @chriscantino FICTION: Web3 has no real use cases. ❌

FACT: Web3 will impact every aspect of how we think, work and live. ✔️
@cdixon @fredwilson @jaimeschmidt @brit @chriscantino In 'Web3 Use Cases: Today' @packyM dives deep into current use cases.

From Defi protocols that transform banking for the unbanked and those without credit

to NFTs which transform ownership for artists, and much more.

www.notboring.co/p/web3-use-cases-today
@cdixon @fredwilson @jaimeschmidt @brit @chriscantino @packyM In 'Web3 Use Cases: The Future, Packy looks into what will come on stream in the next few years and the next few decades.

He notes how web3 will influence how we design traditional economies and institutions, and even economic and governance models.

www.notboring.co/p/web3-use-cases-the-future
@cdixon @fredwilson @jaimeschmidt @brit @chriscantino @packyM This macro perspective from @tascha focuses on the use of tokens in everyday businesses and how it will expand web3.

taschalabs.com/utility-tokens-from-real-businesses-will-drive-next-wave-of-crypto-adoption/
@cdixon @fredwilson @jaimeschmidt @brit @chriscantino @packyM @tascha In this @_trwih ep @SahilBloom and @gregisenberg talk with young web3 investor @gaby_goldberg about the future of web3.

They discuss the young professionals who're all in, the work-to-earn trend, the growing importance of online credentials and more.

youtu.be/RJVIvnpb2Ao
@cdixon @fredwilson @jaimeschmidt @brit @chriscantino @packyM @tascha @_trwih @SahilBloom @gregisenberg @gaby_goldberg And for those who need tangible proof, @solanamobile announced they're building a web3 mobile phone.

The device will cost around $1,000 and be available for delivery in early 2023.

Here's @aeyakovenko with more:


@cdixon @fredwilson @jaimeschmidt @brit @chriscantino @packyM @tascha @_trwih @SahilBloom @gregisenberg @gaby_goldberg @solanamobile @aeyakovenko FICTION: Web3 is a fad. ❌

FACT: Web3 is already being adopted by the mainstream. ✔️
@cdixon @fredwilson @jaimeschmidt @brit @chriscantino @packyM @tascha @_trwih @SahilBloom @gregisenberg @gaby_goldberg @solanamobile @aeyakovenko This @FastCompany article discusses @Mattel's move into web3.

American Girl, Thomas the Tank Engine, Barbie and more, will be transformed into playable avatars on @Cryptoys.

The avatars will be sold as NFTs and debut on Cryptoys’ “metaverse."

www.fastcompany.com/90759425/mattel-metaverse-nft-cryptoys
@cdixon @fredwilson @jaimeschmidt @brit @chriscantino @packyM @tascha @_trwih @SahilBloom @gregisenberg @gaby_goldberg @solanamobile @aeyakovenko @FastCompany @Mattel @Cryptoys This week, NFT musician and artist @ImanEurope was made a voting member of the @RecordingAcad.

That's the Grammys stepping into the future.


@cdixon @fredwilson @jaimeschmidt @brit @chriscantino @packyM @tascha @_trwih @SahilBloom @gregisenberg @gaby_goldberg @solanamobile @aeyakovenko @FastCompany @Mattel @Cryptoys @ImanEurope @RecordingAcad Meanwhile, the @nytimes featured artist, activist and web3 trailblazer @nadyariot of @pussyrrriot.

Read how she uses web3 to raise millions and create new possibilities for artists, women and oppressed humans.

www.nytimes.com/2022/06/30/style/nadya-tolokonnikova-pussy-riot-cryptocurrency.html
@cdixon @fredwilson @jaimeschmidt @brit @chriscantino @packyM @tascha @_trwih @SahilBloom @gregisenberg @gaby_goldberg @solanamobile @aeyakovenko @FastCompany @Mattel @Cryptoys @ImanEurope @RecordingAcad @nytimes @nadyariot @pussyrrriot In the latest ep of 'web3 with a16z' @smc90 hosts @cdixon and @RMcElhenney (Sunny in Philly).

They cover writer's rooms, the metaverse, decentralized content creation and more.

Web3 is beginning to make inroads into establishment Hollywood.

podcasts.apple.com/us/podcast/decentralized-creativity-collaboration-with-rob/id1622312549?i=10005677...
@cdixon @fredwilson @jaimeschmidt @brit @chriscantino @packyM @tascha @_trwih @SahilBloom @gregisenberg @gaby_goldberg @solanamobile @aeyakovenko @FastCompany @Mattel @Cryptoys @ImanEurope @RecordingAcad @nytimes @nadyariot @pussyrrriot @smc90 @RMcElhenney Here's a tweet with Rob introducing the @Adimverse:

A new network of storytellers creating characters & IP collectively owned by the communities who develop them.


@cdixon @fredwilson @jaimeschmidt @brit @chriscantino @packyM @tascha @_trwih @SahilBloom @gregisenberg @gaby_goldberg @solanamobile @aeyakovenko @FastCompany @Mattel @Cryptoys @ImanEurope @RecordingAcad @nytimes @nadyariot @pussyrrriot @smc90 @RMcElhenney @Adimverse Finally, the proof of legitimacy is regulation.

Here, Sen Kirsten Gillibrand discusses a new piece
of bi-partisan legislation.

Its goal: encourage innovation in the digital assets markets and protect consumers through thoughtful regulation.

gillibrandny.medium.com/the-responsible-financial-innovation-act-218a764abd6c
@cdixon @fredwilson @jaimeschmidt @brit @chriscantino @packyM @tascha @_trwih @SahilBloom @gregisenberg @gaby_goldberg @solanamobile @aeyakovenko @FastCompany @Mattel @Cryptoys @ImanEurope @RecordingAcad @nytimes @nadyariot @pussyrrriot @smc90 @RMcElhenney @Adimverse That's it, folks. I hope this was useful.

If you enjoyed it, please share by retweeting the first tweet.

I write about the ideas, trends and people shaping web3 and our future. You can follow me @MishadaVinci.
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