❓
How is it useful ?
Contributors: @paarugsethi​
Imagine if a company like Spotify was owned and operated by a group of artists, producers, listeners - and the more time and creativity you put into the platform the larger your ownership of it. This kind of large scale coordination is now possible in ways it wasn’t before.
Products can now write their data to public blockchains instead of servers owned by any single entity. This means all information is public and no one can be β€œde-platformed” If a team behind a product goes rogue or makes decisions against the will of their creators or users, the community can simply start a new product, take their data/followers/art and leave.
This means all the products as we know them today can be re-created and improved on web3 - the way loans are given, the way music is created, the social networks we use or the way those companies are run. Everything can be can be done better.

Here's a video to get you going

Bonus Podcast

Here's an article for a complete deep dive

Add Crypto to IndiaStack
Balaji Srinivasan

You can't go long without Crypto Twitter

FAQs

If you have any doubts related to this topic or you have a suggestion, feel free to create an issue here.
If you want to make edits to this topic or update the topic, please click on the "Edit on Github" link you see on the right section, make the changes and create a pull request to the master branch. One of the moderators will look at your changes & merge your changes if all looks good.
And yes, if you update anything in this topic, don't forget to add your GitHub username in the contributors' list!
Have a happy learning! ✌️