Breaking the Rules: Unconventional Wisdom for Web 3.0 Founders

Breaking the Rules: Unconventional Wisdom for Web 3.0 Founders

Web 3.0 has emerged as a groundbreaking frontier, reshaping how we interact with the digital world. For founders stepping into this realm, traditional advice might not always suffice.

Here's a guide that goes beyond the conventional playbook, offering insights that can be the differentiator in the unpredictable terrain of Web 3.0 entrepreneurship.

1) Embrace Decentralization, but Don't Forget Centralized Values

Web 3.0 is synonymous with decentralization, a principle that underpins the very fabric of blockchain technology. While decentralization is key, it's crucial not to overlook the importance of central values. Define a strong mission and set of principles that guide your project. Whether it's fostering community engagement or maintaining transparency, having a centralized core can provide the necessary anchor as you navigate the decentralized sea.

2) People Over Technology

In the rush to adopt the latest technological advancements, it's easy to lose sight of the human aspect. Remember, technology serves people, not the other way around. Prioritize user experience, understand your community, and build technology that genuinely addresses their needs. A user-centric approach will not only enhance adoption but also create a loyal and engaged user base.

Photo by Lexi Lauwers

3) Community is Your New Co-Founder

In the Web 3.0 space, the community isn't just a user base – it's a new co-founder. Engage with your community early and often. Leverage their insights, involve them in decision-making processes, and build a sense of shared ownership. A strong, committed community can be a driving force, contributing not only to the success of your project but also to its resilience in times of challenge.

4 ) Risk-Taking is the New Normal

Web 3.0 is inherently experimental, and risk-taking is part of the game. Embrace the unknown, be willing to pivot, and view failures as stepping stones to success. The ability to navigate uncertainty and iterate rapidly is a valuable skill in the dynamic world of blockchain technology.

5) Prioritize Mental Health

The fast-paced nature of Web 3.0 development can lead to burnout. Recognize that the well-being of your team is paramount. Encourage a healthy work-life balance, provide mental health resources, and foster a culture that values the overall health of your team members. A mentally resilient team is better equipped to face the challenges that come with building in the Web 3.0 space.

6) Regulatory Savvy is Non-Negotiable

As the Web 3.0 space matures, regulatory scrutiny intensifies. Stay informed about evolving regulations in the jurisdictions you operate. Proactively engage with legal experts to ensure compliance. Navigating the regulatory landscape is a strategic advantage that can safeguard your project's longevity.

Innovate and build something that can transcend barriers, connecting people and communities on a profound level – forging real relationships, genuine connections, authentic friendships, and impactful partnerships. Let's create one platform that goes beyond the ordinary, one that includes and uplifts the less fortunate, fostering a space where everyone is not just acknowledged but celebrated. It's time to construct a digital space that embodies the principles of diversity, equality, and inclusivity (DEI) at its core.

Why AI?

Because artificial intelligence can be the catalyst for understanding and addressing individual needs, fostering a personalized and enriching experience for every user.

AI Image created by jeanhyperng

Why the Metaverse?

Because it's the canvas on which we can paint a world where geographical boundaries cease to exist, and people from all walks of life can converge, collaborate, and thrive together.

Why Web 3.0?

Because it represents the evolution towards a decentralized and user-centric internet, empowering individuals and communities with ownership and control over their digital presence.

The World in 2030: Top 20 Future Technologies

In the year 2030, we will break down barriers, fostering a global community where empathy and understanding reign supreme. We will leverage AI to enhance human connections, creating a metaverse that transcends virtual boundaries, and we will champion Web 3.0 to ensure that this digital space is democratic, inclusive, and a force for positive change. My two cents are a small contribution to a grand vision – take it or leave it, but let's build a future that we can all be proud of, a future where innovation is a beacon of hope and progress.

Now, let's spread the word to the world, echoing the vision we hold for the future.

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Jean Ng ??

AI Changemaker | Global Top 50 Creator in Tech Ethics & Society | Favikon Ambassador | Tech with Integrity: Building a human-centered future we can trust.

1 年

What Is Web3 And How Can It Change The World? https://www.youtube.com/watch?v=3A4izoJhT90&t=74s

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Jean Ng ??

AI Changemaker | Global Top 50 Creator in Tech Ethics & Society | Favikon Ambassador | Tech with Integrity: Building a human-centered future we can trust.

1 年

Why Some See Web 3.0 as the Future of the Internet | WSJ https://www.youtube.com/watch?v=OEJGQD1OuKA

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Jean Ng ??

AI Changemaker | Global Top 50 Creator in Tech Ethics & Society | Favikon Ambassador | Tech with Integrity: Building a human-centered future we can trust.

1 年

Repost if you are in #Web3 community

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AI Changemaker | Global Top 50 Creator in Tech Ethics & Society | Favikon Ambassador | Tech with Integrity: Building a human-centered future we can trust.

1 年

Join AI Leaders Alliance Group on LinkedIn

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Jean Ng ??

AI Changemaker | Global Top 50 Creator in Tech Ethics & Society | Favikon Ambassador | Tech with Integrity: Building a human-centered future we can trust.

1 年

?? It doesn’t matter if you fail. It matters *how* you fail. | Amy Edmondson for Big Think + https://www.youtube.com/watch?v=Gb9tjnJWu5g #FailureIsPartOfTheJourney #TheScienceOfFailingWell

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