The future of the browser 🧵
Right now, Web 3 wallets like MetaMask plug into DeFi applications.
In the future, they’ll plug into every website in the world.
Right now, Web 3 wallets like MetaMask plug into DeFi applications.
In the future, they’ll plug into every website in the world.
2/ Websites are broken.
Your personal data, credit cards, address, birthday, email, passwords, and more are stored on hundreds of private databases.
This creates a honeypot for hackers.
Your personal data, credit cards, address, birthday, email, passwords, and more are stored on hundreds of private databases.
This creates a honeypot for hackers.
3/ Soon we'll use a stablecoin like USDC through a Web 3 wallet like MetaMask to make e-commerce purchases.
This is far more efficient and secure than creating new accounts on every website.
NFTs will make it interesting...
This is far more efficient and secure than creating new accounts on every website.
NFTs will make it interesting...
4/ Let's use Nike as an example for this.
Instead of creating an account on Nike, you'll just sync with your crypto wallet.
When you buy a new pair of Nikes, Nike will send you the physical shoe AND they’ll drop an NFT of the shoe into your wallet.
Instead of creating an account on Nike, you'll just sync with your crypto wallet.
When you buy a new pair of Nikes, Nike will send you the physical shoe AND they’ll drop an NFT of the shoe into your wallet.
5/ And that’s where it gets interesting.
In a metaverse-driven world, we will all have two closets: your physical closet and your digital closet.
You’ll be able to port your Nike NFT into your metaverse game so you can actually wear them.
In a metaverse-driven world, we will all have two closets: your physical closet and your digital closet.
You’ll be able to port your Nike NFT into your metaverse game so you can actually wear them.
6/ Another benefit of this is that these NFTs will turn your physical goods into more efficient financial assets.
Right now, if you have $10,000 worth of collectibles, it’s very tough to turn them into productive assets.
You’d have to sell them to make money.
Right now, if you have $10,000 worth of collectibles, it’s very tough to turn them into productive assets.
You’d have to sell them to make money.
7/ But when you own the NFT of those collectibles, you'll be able to take loans out against those collectibles.
Look at what @OnRallyRd has done turning physical assets into digital assets.
Look at what @OnRallyRd has done turning physical assets into digital assets.
@OnRallyRd 8/ Why will major apparel brands do this?
a) More revenue (5-10% of every secondary sale)
b) Furthers brand culture
c) Verifiable supply of sneakers makes them more valuable
d) Custom events for the brand's NFT holders
a) More revenue (5-10% of every secondary sale)
b) Furthers brand culture
c) Verifiable supply of sneakers makes them more valuable
d) Custom events for the brand's NFT holders
@OnRallyRd 9/ Web 3-driven browsers are a win-win-win.
For consumers, it’s more efficient and secure.
For brands, it drives more revenue and brand loyalty.
For crypto, crypto-driven e-commerce will give hundreds of millions of non-crypto users their first NFTs.
For consumers, it’s more efficient and secure.
For brands, it drives more revenue and brand loyalty.
For crypto, crypto-driven e-commerce will give hundreds of millions of non-crypto users their first NFTs.
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