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Web3 Series: The Next Chapter for DAOs, Gaming, and Crypto Communities with Jeff Morris Jr.

July 19, 2022
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Village Global Podcast

Description

Jeff Morris Jr. (@jmj), investor at Chapter One, joins Erik Torenberg and co-host Ian Cinnamon. Takeaways:

- Jeff realized the power of subscriptions during his time at Tinder. He says that digital goods are an even better version of subscriptions.

- Web3 is almost entirely missing mobile usability.

- Crypto apps could add a reputation layer to existing Web2 use cases, like dating apps.

- People are still using Web 2.0 community products to create communities for Web3.

- Web3 games need to move away from speculation and towards building genuine player enjoyment.

- Seed investors need to be creative but also mindful of what other people will invest in. It’s important to understand business models and what is sustainable.

- Corrections help to reset the whole ecosystem.

- It’s hard to unseat the dominant marketplace, whether in Web 2.0 or Web3.

- Crypto is big enough that even if you aren’t a crypto investor, you should be spending some time in the space.

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