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web3 data tools, ten crypto predictions for 2023, the on-chain era 3 undiscovered products that will help you develop custom smart contracts.
GM and welcome to 2023. The last months of the past year have been rough for web3 to say the least, but that doesn’t mean this newsletter is going down with what will soon be called the Crypto era. I for one am still optimistic about a lot of things on-chain mechanisms that have yet to reach mainstream adoption. Therefore, intoweb3.land will still keep going for the coming months at the very least. Only now on Substack because Revue is sadly shutting down. So here we are. Still going. Still writing. Still building.
But without further ado, tons happened in web3 last week. Here are three highlights:
This week’s dose of web3 is a holistic kickoff into 2023 ↓
a twitter thread¹
worthy reads²
1. Ten crypto predictions for 2023
“…Yeah, on-chain services offer users global access, composable executability, and long-term reputation building… but who cares? Until switching costs are net *negative*, retail users will not be bothered to use services that they believe subject themselves to immutable robbery. On-chain services have exactly one trick up their sleeve: wallets as replacements for usernames and passwords for one-tap login. But otherwise, signing and funding transactions with gas tokens that have to be acquired and sent cross-chain—this is the equivalent of asking earlier internet users to bring their computers to LAN parties to get access. Sure, we delusional sci-fi geeks fancying ourselves as 24 1/2th century ethernauts—we’ll happily see challenging UI as an advanced puzzle, all the more pleasurable to solve. But for everyone else, 2023 will be the year that gasless relayers enable protocols and communities to subsidize gas fees for users, and for APIs—even slash commands in services like Twitter and Discord—to sign on their behalf. It won’t just be as easy for retail users to do things on-chain as off-chain; they may even be able to perform on-chain actions in familiar, web2 platforms. Major players here include Biconomy, Gelatto, OpenZeppelin Defender (and for signing, Lens’ Dispatcher). But special mention goes to Lit Protocol, which lets you run on-chain transactions through web2 services by minting a programmable key pair as an NFT…”
Read the full article here by @divine_economy.
2. The Onchain Era
“…The Onchain Era will be defined as the period during which much of the world’s creative and cultural output, shared histories, and information infrastructure will become established, stored, and accessed onchain. The benefit of the Onchain Era will be the way it empowers individual users and user-groups to maintain digital sovereignty, moving between and among marketplaces and spaces without their creations being trapped within a single platform, and with them controlling their own work, data, and context. This allows creators, consumers, and institutions of all kinds to safely interconnect and access key information in ways far simpler and more powerful than siloed systems of the past and present. The defining product of the Onchain Era will be digital histories and identities becoming more secure, more useful, and more centralized—but also more decentralized than ever before, producing the end of Web2’s real killer app: platform lock-in….”
Read the full article here by @ystrickler.
undiscovered products³
Poof → the fastest web3 infrastructure for crypto and fiat money movement.
Loki → next-gen Smart Contract development platform open to everyone.
Cookbook → find smart contracts, solidity libraries, and web3 resources.
Find these and all 400+ other resources on intoweb3.land ↗.
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intoweb3.land is curated by Julian Paul.
See you around.