Crypto Narratives For 2023: Why Consumer Apps Will Be Huge - Derek Schloss, Collab+Currency, Ep 224

Since 2020, the development of the Web 3 space has arguably validated the value propositions of decentralized blockchains. However, Web 3 today primarily serves crypto-natives and exists as a subset of the internet.   An up-and-coming vertical of projects known as Consumer Vertical focuses on helping empower the everyday internet user and helping Web 3 reach its fullest potential.   Today, we have Derek, Co-Founder of Collab+Currency, to share with us: - What is the Consumer vertical? - 3 consumer verticals that will take off in 2023 - Identifying investable opportunities - “3 rights” investing framework - Time, Problem, Team   Host: Jason Choi @mrjasonchoi . Not financial advice.   Timestamps: (00:00:00) – Introduction (00:02:22) – Introduction to Collab+Currency  (00:05:45) – “Aha!” moment for Derek  (00:07:57) – Conviction to focus on the consumer vertical  (00:11:16) – Disrupting Web 2 social media platforms (00:17:22) – Social features enabled by blockchain  (00:22:43) – Outpacing Web 2 competitors (00:24:24) – Derek’s investing framework  (00:37:17) – Identifying networks that can be monetized (00:40:12) – Narratives that might take off in 2023   More Resources: Guest Collab+Currencyl’s Website: https://www.collabcurrency.com/ Derek’s Twitter: https://twitter.com/derekedws Flamingo DAO’s Website: https://flamingodao.xyz/   Blockcrunch Blockcrunch VIP: https://blockcrunch.substack.com/ Blockcrunch Twitter: https://twitter.com/theBlockcrunch Jason Choi’s Twitter: https://twitter.com/mrjasonchoi   Disclosures: The Blockcrunch Podcast (“Blockcrunch”) is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch’s guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch’s podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.