Missionaries, mercenaries, and pragmatists: Alex Tapscott's new book makes the case for Web3


19 Sep 2023 12:00 PM

No newcomer to the world of blockchain and cryptocurrencies, Alex Tapscott, has a decorated history in the blockchain world. He has co-authored an international bestseller on the subject, founded a blockchain research think tank, and, as Managing Director at Ninepoint Partners, Tapscott has brought digital assets to markets in his native Canada. His new book, […]...

  • Alex Tapscott, a prominent figure in the blockchain world, has released a new book titled "Web3: Charting the Internet's Next Economic and Cultural Frontier."
  • Tapscott believes that blockchain and cryptocurrencies have the potential to shape businesses and society in the next era of the internet.
  • He argues that the early promise of the internet has not been fully realized, with most value captured by a few large platforms.
  • Tapscott sees new technologies like cryptocurrencies, DeFi, and NFTs as enabling new models of digital ownership and reducing the power of financial intermediaries.
  • He takes a pragmatic approach to Web3, viewing it as a toolkit that can be incorporated into existing businesses.
  • Tapscott predicts that today's internet giants will become less potent due to the innovations of Web3, but traditional models will not be replaced overnight.
  • He compares Web3 to a frontier, attracting a diverse range of individuals including dreamers, visionaries, criminals, and shrewd business people.

The overall sentiment of the article is positive. Alex Tapscott is optimistic about the potential of blockchain and cryptocurrencies to bring about positive changes in businesses and society. He sees Web3 as a toolkit that can be pragmatically incorporated into existing businesses.

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