We believe that decentralization represents the natural progression of the internet's evolution, offering not only the groundwork for a more equitable and just global world but also unlocking new pathways for the free flow of value. As we move into the next decade, we anticipate a transformative shift where outdated, centralized systems will be increasingly overtaken by scalable, decentralized networks.
Stateless currencies like Bitcoin and Ethereum come with hardcoded monetary policies that are transparent and impervious to political whims, offering a predictable inflation and supply model that establishes these assets as reliable stores of value. Furthermore, Ethereum takes it a step further by offering internet-native yield through its staking mechanism, thereby creating an unprecedented avenue for financial returns that operate independently of traditional financial markets.
Layers 0/1/2 are engineering solutions that create open, fast, and global settlement networks. They remove the traditional bottlenecks associated with cross-border transactions. These networks provide scalable architectures, employing various methods like monolithic structures, rollups, or sovereign app chains. Each method presents its own trade-offs between scalability, security, and decentralization, providing frameworks for different use-cases.
Permissionless financial platforms like decentralized exchanges and money markets are eliminating the need for "trusted" intermediaries, making transactions more efficient and transparent. These platforms enable open and permissionless value flow across borders, breaking down geographical barriers and making financial markets globally accessible to more capital.
The integration of blockchain into gaming is fundamentally altering how we conceive of in-game ownership. With the ability to securely buy, sell, and trade digital assets across a range of games and platforms, players are now empowered as never before. This new framework for ownership is creating dynamic economic flywheels within gaming ecosystems, unlocking a future where both players and publishers stand to gain significantly.
Web3 aims to enhance traditional services such as hosting, storage, and computation through decentralization, while simultaneously giving rise to crypto-specific infrastructure like wallets and oracles. The ultimate objective is to provide a frictionless, user-focused experience based on superior decentralized services.