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Which Web 3 Protocols Are Most Likely to Succeed? A VC Suggests a Common Thread

Markets Outlook

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The Unforkable Utility of Network Participants

The value of a network device is proportional to the square of the number of its users. The more participants on a common network, the more valuable network access is to each user. Unforkable utility is hard to achieve, but has an enormous potential upsight. Soft forms of defensibility are also important in generating value.

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