Web2.5: The Inevitable Rails for Crypto's Next 100MM Users - TOKEN2049 Singapore 2022
Explore the transformative potential of "Web2.5" in this engaging talk by Bradley Miles, CEO of Roll, presented at TOKEN2049 Singapore 2022. Delve into the infrastructure foundations crucial for integrating cryptocurrency and blockchain technologies into the lives of the next hundred million users. Bradley Miles compellingly articulates the concept of Web2.5 as the inevitable bridge connecting the established Web2 ecosystem with the burgeoning Web3, primed to usher in a new era of decentralized digital economies.
The talk underscores the importance of robust infrastructure, drawing parallels with historical innovations spanning from the Stone Age to the Industrial and Digital Ages. Miles stresses that the widespread adoption of blockchain technology requires more than just novel platforms; it necessitates embedding these technologies within the familiar frameworks of existing Web2 applications. By doing so, the transition towards a more decentralized internet becomes seamless for billions of users worldwide.
Key insights include the role of various infrastructure components such as MPC wallet technology, stablecoins, token gating, and fiat onboarding. These elements enable secure and accessible digital asset management, allowing mainstream platforms like Twitter, Spotify, and Clubhouse to integrate digital tokens without losing their core functionalities. Through examples like Fireblocks, Roll, and others, this session highlights real-world applications of Web2.5 infrastructure that can exponentially boost user engagement and economic opportunities across the digital landscape.
Bradley Miles envisions Web2.5 as a stepping stone capable of transforming platforms into vibrant crypto-friendly ecosystems, ultimately broadening the market to potentially billions of users. For anyone interested in the future of blockchain, digital assets, and platform development, this insightful presentation provides an invaluable roadmap toward creating inclusive, scalable, and decentralized internet solutions.
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