Web3 has plenty of money going for it — well, yes quite a bit less than a few months ago — but it’s still hard to argue that mainstream consumers have lined up to embrace web3 internet services. There have been some flash-in-the-pan hits so far, but investors are still searching for consumer use cases that make the most of blockchains, tokens and NFTs, beyond just trading them.
Andreessen Horowitz (a16z) GP Sriram Krishnan believes the incentive structures of web3 makes the space a natural fit for social networking, he told us on the latest episode of TechCrunch’s crypto podcast Chain Reaction. Krishnan has ampl …
