TL;DR for @a16z State of Crypto 2022

A 🧵 👇

a16z.com/wp-content/upl…

1/ @a16z What is #web3?

- Web 1: 1990-2005, read only, open protocols, decentralized and community governed

- Web 2: 2005-2020, read & write, centralized services

- Web 3: beginning, read & write & own, combination of decentralization in web 1 and functionality of Web 2

2/

Just finished @banklesshq video of @zemariamacedo (Founding Partner of Delphi)and @gametheorizing (CIO of Selini), debating the bull and bear case of @terra_money

(thanks to @thedefiedge's news letter)

See below a 🧵 for summary $luna $ust

1/

TL;DR

Bull by Jose:
- Stablecoin is a multi-trillion dollar market and is a network effect business

- Centralized stablecoins will become irrelevant ultimately, and $UST is the largest and fastest growing decentralized stable - you want to bet on the winner

2/

1/
A thread about my thought of the recent popular GameFi @Stepnofficial .

#STEPN is a...

- Fast-growing #Web3 gaming APP on @solana ecosystem
- Ready-to-play Web3 game with outstanding UI/UX
- GameFi + SocialFi APP with well-designed $GST/ $GMT tokenomics 2/
In Stepn you can..

- Buy #NFT sneakers and earn 1.5~2.5% reward “daily” by walking/jogging just 10 mins a day
- Level up your sneakers to earn more daily
- Mint new NFT sneakers with two level 5 sneakers
- (future) Lease your sneakers to people who don’t want to buy it