Web3 Marketplace Opportunity

Jack Abraham suggests building decentralized networks in the Web3/crypto space while it's still early, focusing on creating valuable network effects before mass adoption occurs.

Key Points:

• Market Opportunity:

  • Currently only 10M crypto users vs 4.5B internet users
  • Still early in the adoption cycle
  • Significant room for growth

• Types of Networks to Build:

  • Marketplaces
  • Social networks
  • Any platform that can leverage network effects

• Strategic Rationale:

  • Networks are what's most valuable at their core (learned from Web2)
  • Early movers can establish strong network effects
  • Opportunity to build valuable platforms before mass adoption

• Focus Areas:

  • Build totally decentralized networks
  • Create network effects early
  • Look for interesting opportunities others aren't pursuing yet

• Timing:

  • Current stage is optimal for building
  • Can establish position before mainstream adoption
  • Long runway for growth ahead