💭 The emergence of Web 3.0

Richard Muirhead discussed what the next web will look like

tl;dr Web 3.0 will be human-centric, established on cryptography, and it will provide security through the network effects.

We hosted Richard Muirhead in a recent members-only State of the Exponential briefing. Richard is a serial entrepreneur and investor, based in London. He is a founder and managing partner at Fabric Ventures, a VC and private equity firm that invests in scalable decentralised networks. 

During this briefing, Richard explored his thesis about the emergence of Web 3.0. If you missed the briefing, you can:

• Watch the recording here,

• Read the key takeaways prepared by the EV team below,

• Share your thinking and questions with Richard in the comments,

• See all past briefings in this archive. 

Key takeaways from Richard’s briefing

1. We currently exist in a data dichotomy. On one hand, the data that is collected by companies on people is being misused. But there are also vast torrents of data which aren’t being used adequately when we could be using it to solve some of the larger pr…