Category: web3

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web3

Why Web3 Won’t Succeed Until It Feels Like Home

Why Web3 Won’t Succeed Until It Feels Like Home

I hear that Web3 is the future. Decentralization! Ownership! Freedom! But here’s the thing: the future doesn’t happen just because it should. It happens when people actually want it. And right now, this place we are building does not feel like home.

Think about it. Why did people flock to Web1? Because the internet gave them access to information like never before. Why did Web2 take over the world? Because it made connecting with people effortless. Humans adopt technology when it fits into their lives, not when it requires them to read a 12-step guide just to log in.

I think Web3 feels like a gated community that’s difficult to enter. Wallets, seed phrases, gas fees—it’s like moving into a house where you have to build the door yourself and remember 24 words, or you lose the keys forever. That feels like a nerdy escape room, not a home to live in.

I seem to be one of those nerdy residents, but for Web3 to truly become the next era of the internet, it needs to do what every successful technological shift has done. We need to feel familiar with the home we are creating, and Web3 platforms should obviously be as easy to use as Web2. Pretty please, education in blockchain technology is hardly the way to mass adoption. How many people have completed a course in Word or Office 365 before using it?

One more thing. Nobody cares what version of the web they’re using. I have never heard, “I love Web2!” People just use it.

This is one of the reasons why I renamed the Cryptobeyer newsletter to The Human Web—because the '3' in Web3 needs to work in the background. It is not the headline.

Most of all, Web3 needs to solve human problems. Our problems. Not just create a new massive market for financial speculation or the ability to “own” a profile picture.

Good news. Real-life use cases seem to be a growing market in cryptocurrencies. This is a sign that solving problems matters, even for profit.

So we are on our way, but I wonder—when will it feel like home for not only nerds? What do you think is needed?

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web3

Web3: The Marketplace of Human Experience

Web3: The Marketplace of Human Experience

The future we’re heading toward isn’t problem-free—it just accelerates us into new ones. We used to live in a world where some things just existed. A home was a place to live. A hobby was something you did for fun. A friendship was a connection, not a commodity. But somewhere along the way, that changed.

Airbnb turned homes into investments, and Instagram turned our lives into personal brands. Sorry, but LinkedIn turned networking into content marketing.

Now, we want Web3 to push this development even further.

In Web3, our attention is an asset. It’s scary, but mine and your reputation is an asset, and so are our relationships. Sure, our humanness has always been our most valuable asset in living, but now we are making this increasingly tradable.

Last week, I touched upon the issue that our soul seems to be getting tradable. Nothing just is anymore. Now, even our attention has a price.

Web3 was supposed to be different. It promised to break free from the systems of Web2, where tech giants profited from our data and behavior. But instead of dismantling the machine, we seem to just be rebuilding it—only this time, it’s decentralized. Now, instead of companies monetizing us, we’re doing it to ourselves.

I am not saying that monetization is inherently bad. Ownership, transparency, and financial autonomy are all much-needed shifts. The problem is when everything becomes an asset, when every interaction carries an economic weight. When engaging in a community isn’t about belonging but about speculation. When our online presence isn’t just an extension of who we are but a portfolio to be optimized.

As an author, I live and breathe the stressful and frankly demotivating effect of living in a world where art (writing) is supposed to be optimized for sales. In an era where everything is commodified, art for art’s sake isn’t a luxury—it’s essential to preserving our humanity. This shift extends beyond writing—musicians sell royalties as NFTs, DAOs monetize collaborative work, and even digital artists face pressure to tokenize their creativity. Web3 could empower creators, but will it free them or simply make them optimize even more?

When technology is designed primarily to serve capitalist structures, efficiency and profit take priority over our well-being. Algorithms push us to work more, hustle harder, and engage in an endless cycle of self-optimization. Rest becomes laziness. Hobbies become side hustles. Even social interactions are filtered through a lens of networking and opportunity.

We are running toward a world where value is no longer just about meaning, connection, or fulfillment—but about liquidity. About what can be bought, sold, staked, or flipped.

This isn’t just a Web3 problem—it’s a cultural one. If Web3 is truly to be a break from the past, it can’t just decentralize who profits—it must redefine what sound progress means. Perhaps there’s a way Web3 can shift the focus from pure monetization to sustainability, creativity, and genuine human connection.

I am sure we want to use technology to create a world beyond just decentralized hyper-financialization.

I don’t have to say that we all like profit. The question is: Are we doing our best to create tools for empowerment? Or just new ways to turn life itself into a marketplace?

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web3

Tokenized Everything: Are We Selling Our Souls to Web3?

Tokenized Everything: Are We Selling Our Souls to Web3?

Web3 was supposed to set us free. You know the gist! Decentralization, financial empowerment, ownership. All big words, big promises. The idea was simple: take back control from banks, tech giants, and middlemen who profit from our data and hard-earned money. But are we missing what is slowly happening? Web3 seems to be turning every aspect of our lives into an asset to be bought, sold, or speculated on. We need to be aware of the world we are creating.

It started with real estate. Platforms like Lofty allow anyone to buy fractions of rental properties, turning homeownership into a tradable token. Then Gucci and Louis Vuitton launched digital fashion NFTs that blur the line between collectible and commodity. At first, I thought this seemed relatively harmless. If anything, it was just an extension of what already existed in traditional markets.

But then, people started selling access to themselves. Influencers tokenized their time, offering personal video calls and direct messages in exchange for crypto and fiat. Some projects introduced “social tokens,” where buying a share of someone’s token gives you privileges, like an investment, but in a person instead of a company. Even engagement on social media has become monetized, with users rewarded in tokens simply for paying attention. Money, money, money…

At some point, we must ask: what’s left? If everything is tokenized, does anything have value beyond its price tag?

The idea that Web3 would create a new digital economy was always part of the plan. I hear asset tokenization is expected to reach $5 trillion by 2030. Traditional institutions are already exploring ways to integrate blockchain into finance, real estate, and healthcare. But as we rush to turn everything into a marketplace, it’s worth asking what kind of world we’re building. Are we creating a future of empowerment, or simply hyper-capitalism where every interaction has a price? To be frank, even likes on social media have turned into a transaction of value. If I like you, you like me.

Web3 promised us ownership, but it never quite defined what we should own. Really think about it. If we’re not careful, we might wake up in a world where everything is for sale—including the things that were never meant to be for sale. Don’t get me wrong. I am fascinated by Web3 technology and what it can bring to society. I’m even bullish on it.

But what is priceless in our world? I would say that our trust, our lives, and our souls should be priceless. How can we trust it’s genuine and not just profit-driven when we start tokenizing our (digital) lives, including our identity, values, and humanness? Put differently, would you trust me if every aspect of me was always on sale?

I do not have all the answers, but these questions need to be raised as we embrace Web3 technology. So, what do you think? Are we tokenizing a bright future or just putting a price tag on things that were once priceless?

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web3

How Web3 Can Rebuild Trust in a Distrustful World

How Web3 Can Rebuild Trust in a Distrustful World

Before the 18th century and the industrial revolution, trust was simple. A handshake, a promise, or even just a word was enough to seal agreements and build relationships. Communities prospered on mutual understanding, shared values, and unwritten social contracts. Nowadays, we rely on documentation and intermediaries to feel certainty in how we operate our society. What happened to us, and what led us to realize that the old ways weren’t working?

The short story is that the industrial revolutions created a more complex world, which required a new approach to trust.

When I think back to history, trust wasn’t always something we had to write down or verify through third parties. In smaller communities, accountability came naturally because everyone knew each other. If someone broke their word, the consequences were immediate and visible. However, as societies scaled and globalized, personal connections faded, and institutions—governments, banks, and corporations—stepped in to fill the space. The world turned digital, and technology companies stepped in to store our data and govern interactions, shaping public discourse.

Then we had the 2008 financial crash, and we suddenly realized how shady and self-serving some financial systems could be. Scandals like Cambridge Analytica exposed the extent to which big tech companies increasingly exploited our personal information for profit. We understood that governments and corporations (e.g., Meta) often wield control in ways that benefit themselves rather than the people they claim to serve. Our blind willingness to rely on centralized authorities also eroded over time. Slowly but surely, people began to lose faith—not just in institutions, but in the idea that anyone else had their best interests at heart.

Now, what did we do when we had created a world too big and complex for us, with declining trust levels? We turned to technology to solve our problems for us. As always.

We created what we call Web3 technologies, aiming to increase transparency in this complex society. I’m sure you’ve heard of blockchain technology, which creates unchallengeable records of every transaction or decision. These technologies restore clarity and confidence in systems that once felt impenetrable and difficult to improve. Great, but…

It’s sad that, in some way, we’re creating a society that doesn’t require trust between people to function well. When do we cross the line into a trustless society that erodes the very core fabric of human relations? Moreover, we can’t put blind trust in AI which is part of Web3?

An even bigger question is whether the failure of past eras was rooted in a lack of trust between people—or was it the result of structures designed to favor certain groups while excluding others? I think both. When trust breaks down, we turn to rules, regulations, and intermediaries to get cooperation. The problem is that those very mechanisms can sometimes maintain current inequality in the system if we're not aware of the weakening of human-centric values in our digital age.

Maybe I romanticize the past, imagining a world where trust flowed beautifully between neighbors and strangers alike. I have to consider that societal evolution brought challenges that couldn’t be solved by good old trust. It’s also clear that as our existence grew intercontinental and economies globalized, face-to-face relationships changed. All in all, our complex societal structures forced us to create abstract systems governed by laws, policies, and now code. However, I sincerely hope that trust between people will prevail—you and me.

The beauty of Web3 lies in its potential. It invites us to imagine a society where transparency, decentralization, and inclusivity guide us.

Yet I wonder: Will Web3 succeed? Only if we approach it thoughtfully, ensuring it doesn’t repeat the mistakes of previous eras. Transparency, decentralization, and equity are key ingredients for rebuilding trust. But without genuine human connections, these alone won’t be enough.

Without meaningful human connections, we risk creating a trustless technocratic society where code replaces accountability. That’s not progress; it’s regression.

Maybe I should ask: How can we ensure that Web3 doesn’t just replace broken systems but also restores trust between people? Let’s work together to create a future where technology enhances trust, rather than replacing it. After all, we’re still not humanoids.

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Sweden’s Innovation Legacy: Setting the Stage for Web3

Sweden's Innovation Legacy: Setting the Stage for Web3

As a Swede, I hear about our strong history of creating powerful solutions, like Spotify, Bluetooth, and the pacemaker, which have changed everyday life for people around the world. This same spirit of innovation can now be used to make things like money management, voting, and even how we share information online more fair, safe, and easy for everyone through new digital ideas. Yet, when it comes to Web3, I can’t help but feel we’re sitting on untapped potential. Here’s what Sweden could do.

For inspiration, I looked at what Sweden could learn from Singapore.

Sweden has distinct advantages that, if properly utilized, could position us as leaders in Web3. These strengths lie in our love for equality, transparency, and social welfare. Yes, these values align perfectly with the principles of decentralization and trust that underpin Web3 technologies.

Sweden could use blockchain to enhance transparency in public services or create decentralized systems that empower underserved communities. These aren’t far-fetched ideas; they’re practical applications of Web3 that could improve how we live and work. But first, we need to recognize these opportunities.

One of Sweden’s greatest strengths is its dedication to transparency. I would say this is a big selling point for Web3 for Scandinavian hearts since we know that transparency increases trust. Whether it’s open government data or accessible public records, we truly value clarity and accountability. Web3 offers a chance to take this even further.

I would also like to highlight the possibilities of a blockchain-based system for tracking medical records, making healthcare more efficient and equitable. Let me tell you, the healthcare sector needs it badly.

In Singapore, blockchain is being used to enhance supply chain transparency, ensuring consumers know exactly where their products come from. They’ve also piloted blockchain solutions for cross-border trade, reducing fraud and increasing efficiency. If Singapore can do it for trade, why can’t Sweden do it for public services?

Sweden’s robust social welfare system—with universal healthcare, social benefits, and social support—is one of our proudest achievements. However, it is also characterized by a complex and extensive bureaucratic framework. Now, picture enhancing it with Web3 solutions that make services faster, cheaper, and more inclusive.

For instance, blockchain could simplify the process of verifying eligibility for pensions, unemployment support, or housing assistance. This would reduce bureaucracy while ensuring no one falls through the cracks.

Singapore has implemented blockchain-based identity verification systems to improve access to government services. These systems allow citizens to securely share personal information only when necessary, protecting privacy while speeding up processes. I wonder if Sweden could adopt similar solutions to make social welfare more efficient?

"If Sweden uses Web3 technology to strengthen our social safety net even further, we’ll set an example for the rest of the world."

Sweden has a long-standing love for gender equality and inclusion. I suggest, develop targeted programs that encourage women and underrepresented groups to engage with Web3 technologies. Offer workshops, scholarships, and mentorship initiatives to create a more diverse and inclusive community. Well, I guess it’s early…

However, Singapore actively supports diversity in tech through partnerships with universities and industry leaders. Programs like TechSkills Accelerator (TeSA) provide training in blockchain and other emerging technologies, ensuring that everyone has access to new opportunities.

Swedish authorities could look further into providing secure digital identities, protecting citizens’ privacy online with Web3 technology. Take a sneak peek at Singapore’s government, which has invested heavily in blockchain infrastructure to foster trust in both public and private sectors.

Who cares? Well, in our digital world, trust is more important than ever.

When I think about Sweden’s potential in Web3, I see potential that we would create a future where technology works for everyone, not just the few. Blockchain technology can ensure fair elections, make healthcare more accessible, and empower small businesses to compete globally. These aren’t distant dreams—they’re already being pursued by other nations and are within reach if Sweden chooses to pursue them.

So, we can build on what we already do best: promoting equality, fostering trust, and solving real-world problems. By applying these values to Web3, we’ll create solutions that most Swedes think would improve society even more.

I wonder, will we seize this opportunity?

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Web3’s Missing Soul: Why Reality Isn’t Found in Code

Web3's Missing Soul: Why Reality Isn’t Found in CodeYour Heading

Here’s my truth: Reality isn’t found in code. It’s found in connection. Not the kind of connection you make by hitting "like" on a post or buying an NFT, but the kind that happens when you look someone in the eye, shake their hand, or share a laugh together. If Web3 really wants to improve our lives—and not just impress us with its promises—it needs to remember this simple fact. And right now, I see a problem.

Web3 is all about the digital world. That might seem obvious, but stay with me. The fact that it lives almost entirely online is holding it back. Why? Because we’re human beings first and I’m not convinced that we are naturally digital creatures.

We need touch, smell, taste, and real-life experiences. We long for things that can’t be captured by screens or blockchain transactions. Sure, Web3 has the potential to change industries, help creators, and level the playing field—but if it stays stuck in cyberspace, it risks being nothing more than a shiny illusion, a pretend revolution that never touches the ground.

Have you ever felt that strange feeling while scrolling through your phone or chatting about someting? You know, that little voice whispering that something’s missing? That’s exactly where Web3 needs to meet us—in the real world. Being a somewhat spiritual person myself I would say it’s our soul calling for something.

However, I would say that the physical is slowly gaining ground in the Web3 space. Sure, speculation is a considerable part with thousands of useless tokens created on Pump.fun. But I genuinely feel a shift is happening, a move away from speculation and toward utility. This trend suggests that Web3 technologies are starting to focus on solving real-world problems and touching us on a human premise.

Tokenization of real-world assets is doing just that, opening new possibilities for investment and ownership. By turning tangible items like art, real estate, and even agricultural produce into digital tokens, Web3 is unlocking trillions in new markets. This isn’t just about making money; it’s about democratizing access to wealth-building opportunities that were once reserved for the elite.

Meanwhile, decentralized finance (DeFi) is evolving beyond speculative trading. It’s entering what experts call the "dividend era," where protocols distribute revenue directly to users and token holders. This is great news because, instead of chasing quick gains, DeFi is building sustainable financial systems that benefit everyone.

The classic Web3 wet dream where small businesses in remote villages can access loans instantly, without needing traditional banks—or where individuals can earn interest on their savings without relying on centralized institutions. This is slowly becoming reality.

Stablecoins, too, are great examples. They’re now transforming how businesses and consumers conduct transactions. Their stability makes them ideal for everything from cross-border payments to everyday shopping. I heard the transaction volume of stablecoin transactions are higher than that of Visa and Mastercard. Even though the legacy system processes more small-value transactions, stablecoins are clearly gaining traction.

When doing research, I was reminded of the clearest sign of all. Major companies are embracing blockchain technology to improve operations. From tracking supply chains to managing healthcare records, these systems are reaching our physical reality. Medical records are securely stored on a blockchain, accessible only to authorized parties, ensuring privacy and accuracy. Or consider tracking the origin of pharmaceuticals to combat counterfeit drugs.

I was stunned the other day. Apparently, some hardcore Bitcoiners are realizing that Bitcoin hasn't lived up to its utility promises.

Moreover, the fact is that businesses and institutions and consumers now demand real utility.

My gaze drifts to the window, where the world outside moves freely. I better call my daughter for a walk.

I wonder “What does this mean for Web3?”

These examples show that Web3 doesn’t have to exist solely in the abstract world of code. When it steps into the physical realm, it becomes more relatable to us, more impactful, and more meaningful. Like a walk in the park. "Hi Siri! Call Tara.“

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How I Went from Laughing at Crypto to Having Existential Web3 Thoughts

How I Went from Laughing at Crypto to Having Existential Web3 Thoughts

Five years ago, if you had told me I’d be writing about Web3, I would have smiled and said, “Of course,” because I’m too curious for my own good. Crypto? Blockchain? NFTs? It all sounded like a scam.

And yet—here we are. Once again, ahead of my time, I’m actively trying to convince Swedes—a people who trust banks more than their own mothers—that this actually matters. Somewhere along the way, my skepticism turned into curiosity, my curiosity turned into obsession, and my obsession led me to actually start writing about this stuff.

The moment it all started to go wrong

Like many, my introduction to crypto came through a friend who lost a ton of money trading Bitcoin. “I mean, why just hodl when you can beat the market?” The Swedish media had already confirmed what I suspected—crypto was either a Ponzi scheme, a money-laundering tool, or just a really good way to lose money. And as a rational, law-abiding Swede, I knew better.

Then, one evening, sitting there with my daily bowl of porridge, I made the mistake of watching some YouTube videos. First, it was harmless curiosity. But soon, I had spent hundreds of hours watching Raoul Pal, Charles Hoskinson, Paul Barron, Brad Garlinghouse, and Michael Saylor rant about decentralization and financial freedom. Sweet Buddha, I even found myself lying in bed watching BitBoy Crypto and cursing every time Gary Gensler made the news. My friends were getting worried.

And then it hit me.

"Wait a second… what if they’re right?"

They weren’t just gambling on dog coins. They were talking about a new internet, a financial system that doesn’t require permission, and the possibility that trusting massive institutions with everything we own might not be the best idea ever.

My existential crisis

At first, I tried to shake it off. After all, Sweden had a perfectly regulated financial system! Who needs crypto when we have Swish and our government-approved banking overlords?

But Web3, I realized, wasn’t just about money. It was about power, ownership, and control. It was about the fact that most of us willingly hand over all our data, assets, and digital identities to a handful of companies who monetize every click we make.

Meanwhile, Sweden’s Web3 discourse is… well, let’s just say it needs some work. The conversation still sounds like this:

"Crypto is a scam."
"But blockchain could revolutionize finance!"
"Okay, but Bitcoin is bad for the environment."
"Yes, but Ethereum moved to proof-of-stake"
"I don’t trust it. My bank works just fine."

Meanwhile, the U.S., Europe, and Asia are already integrating blockchain into finance, healthcare, and governance, while Sweden still acts like Web3 is some rebellious teenager who just needs to grow up and get a corporate job.

So, why am I still here?

Well, my mom says I’m special. So, obviously, I had to step in.

Honestly, it wasn’t one single “aha” moment. It was one major realization:

If people like me—who care about social development and human well-being—don’t engage with Web3, then the space will be shaped by those who only care about profit.

So now, I’m here, running Cryptobeyer, asking the questions Sweden isn’t—hoping that one day, someone will actually answer. ”Hello does anyone hear me?”

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What Web3 Can Learn from Past Industrial Revolutions

What Web3 Can Learn from Past Industrial Revolutions

History reminds us that no industrial revolution—from the steam engine to the assembly line—has been solely defined by its economic potential. Each era of transformation has eventually bent toward addressing deeper human needs, whether through labor reforms or environmental considerations. As I look at the Web3 space, while profit remains a powerful catalyst, societal values will ultimately shape its trajectory. Soon.

Web3 holds great promise
Blockchain technology, decentralized finance (DeFi), and non-fungible tokens (NFTs) promise unprecedented levels of efficiency, transparency, and inclusivity. But let’s be honest. These systems are being built with the same profit-driven logic that fueled past revolutions. Just as mechanized textile production slashed costs during the First Industrial Revolution, blockchain platforms aim to streamline global transactions, reduce intermediaries, and unlock new markets. More money is created to address inefficiencies left by previous industrial shifts.

We are witnessing the migration of physical assets onto digital ledgers. Real estate, art, intellectual property—these are just some examples of tangible goods being tokenized for easier trade and management. Financial instruments such as stablecoins and liquidity pools offer investors access to previously inaccessible opportunities. This shift mirrors earlier eras when railroads connected distant markets or electricity powered factories. We did this to enable exponential growth. However, much like those transformations, Web3's initial focus on profit overlooks critical questions about equity, ethics, and sustainability.

Lessons from history
History does not repeat, but it sure seems to rhyme. The consequences of unchecked profit-seeking are clear. During the First Industrial Revolution, mechanization brought immense wealth but also dehumanizing working conditions. Factories turned workers into "cogs in a machine," subjecting them to grueling hours and unsafe environments. Similarly, the Second Industrial Revolution's emphasis on mass production further centralized power, leaving many marginalized. Let me tell you, working in the Ford factory in New Jersey in 1913 was no picnic.

It wasn't until widespread social unrest and advocacy movements forced governments and industries to reconsider their priorities that meaningful reforms emerged. Labor laws, safety regulations, and fair wages became cornerstones of modern employment practices. Likewise, the environmental crises of the mid-20th century prompted a reevaluation of industrial growth, leading to policies aimed at preserving natural resources and promoting sustainability.

Moreover, the push for regulation highlights a broader truth: societies tend to respond reactively rather than proactively. We often wait for crises to unfold before implementing solutions. In the public health field, we have started to consider the health consequences of letting companies freely produce and market unhealthy foods. In this discussion, the crashes of FTX and Terra Luna serve as wake-up calls, forcing us to confront the limitations of unregulated markets. By learning from these failures, we can be smarter in the Web3 ecosystem.

The role of regulation
These incidents underscore a growing demand for regulation—a socially constructed need born out of necessity. Governments around the world are now scrambling to establish frameworks that protect consumers while fostering innovation. After all, few would board an airplane without confidence in aviation safety standards.

Regulation in Web3 is not merely a bureaucratic imposition; I say it reflects society's evolving understanding of what constitutes sensible innovation. Much like labor laws were crafted to address exploitation in previous industrial revolutions, regulatory measures in Web3 aim to safeguard against fraud, manipulation, and environmental harm. For instance, concerns about the energy consumption of proof-of-work blockchains have already spurred shifts toward more sustainable alternatives like proof-of-stake, and a growing part of Bitcoin mining is powered by green energy.

Glimmers of hope in Web3 projects
Already, we see glimmers of hope in projects focused on environmental sustainability, financial inclusion, and community empowerment. Decentralized autonomous organizations (DAOs) are experimenting with governance models that prioritize collective decision-making. Tokenized carbon credits are incentivizing climate action. Microfinance platforms are extending credit to underserved populations worldwide. This is great.

Yet, the future of Web3 lies at the intersection of technological advancement and human-centered values. Take real-world assets, for example. As physical assets continue to go online, they will increasingly be managed in ways that align with sound environmental values and social justice. In the traditional financial sector, these are called ESG funds, sustainable funds, and responsible investment funds. Banks optimizing cross-border transactions will do so with energy-smart, low-cost, and efficient blockchain technology. Some companies tokenizing real estate will ensure more equitable distribution of benefits. Investors trading NFTs may support artists who contribute positively to their communities. These opportunities are unique in this industrial revolution.

Learning from the past
In a way, it is frustrating that we seem to be repeating past mistakes, but we can address them earlier than we did before. Like previous industrial revolutions, Web3 will evolve through trial and error, shaped largely by market forces. But if history teaches us anything, it is that profit alone cannot sustain progress. People and our values can.

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Closing the Digital Divide: How Web3 Can Create a More Inclusive Future

Closing the Digital Divide: How Web3 Can Create a More Inclusive Future

Yesterday, at the Web3 for Good live event, I had the privilege of presenting the Proof of Good Framework and engaging in a crucial discussion about the digital divide. Reflecting on this, I see both incredible promise and undeniable responsibility in how technology shapes our world.

Yes, we are living in the Fourth Industrial Revolution, where innovation is transforming how we connect, work, and solve problems. Yet, while billions benefit, about 2.6 billion people still lack access to the internet. For many who are online, limited digital skills or expensive technology prevent them from fully participating. This digital divide, is not just about missing out on Facebook reels or online conveniences—it creates real barriers to education, financial stability, and opportunity. I believe Web3, the next phase of the internet, holds the power to bridge this gap if we approach its design and implementation thoughtfully. Let’s have the conversation how to do it.

One of the most promising ways Web3 can make a difference is through tools like Decentralized Finance (DeFi). DeFi is a new financial system that remove the need for traditional banks and offer financial services like loans and savings directly to individuals. For the 1.4 billion adults worldwide who don’t have bank accounts, this could be life-changing. Imagine someone in a remote village being able to access a small loan to grow their business or save money securely for the first time. But to make this vision a reality, people need tools they can actually use. Even for a reader such as yourself, I would not be suprised if you do not love your traditional bank and wish there where more alternatives available for your banking needs.

Unfortunately, many of today’s Web3 tools—particularly wallets—are too complex for the average person. Do you know how to use a Web3 wallet like Metamask? If not, you’re not alone. These wallets often require a technical background and don’t cater to non-English speakers, making them inaccessible to many. This is a problem, especially in areas where digital literacy is limited. But, yes there are wallets that are safe and easier to use such as Exodus and Tangem, but we need further developments in this area to combat the digital divide.

I argue that creating wallets that are user-friendly, multilingual, and secure is one of the most critical steps toward making Web3 accessible to everyone. Without intuitive tools, the promise of Web3 will remain out of reach for those who need it most. A wallet that is simple and easy to use could open the door for millions to participate in the Web3 ecosystem. It’s not just about holding digital assets—it’s about removing the barriers that make decentralized applications (dApps) difficult to use. Imagine a wallet that automatically manages transaction fees or securely handles identity verification without requiring users to navigate a maze of options.

A few days ago, Vitalik Buterin, co-founder of Ethereum, stressed the importance of creating wallets that balance simplicity, privacy, and security. He envisions features like social recovery, where trusted individuals can help you regain access if you lose your password—a feature that could reassure users new to the technology.

While a large part of the cryptocurrency community do not recommend sharing the keys to digital wallets, for Web3 to succeed in closing the digital divide, prioritizing ease of use seem essential to get more people to use this technology.

I think the rapid changes in society demand a conversation about equity and inclusion.

Who is benefiting from the technologies we’re building? Are they designed for the privileged few or for the billions who stand to gain the most?

I believe Web3 has the tools to close the digital divide, but only if we approach its design with intention. It’s not just about advancing technology—it’s about ensuring that technology works for everyone. Simplifying wallets is one way to start, but the broader effort must focus on making Web3 intuitive, affordable, and empowering.

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Web3 for Good: How Do We Build for Real Impact?

The promise of Web3 is nothing short of revolutionary, but turning ideals into real-world impact? That’s a challenge worth tackling. If you're passionate about the intersection of blockchain, technology, and meaningful change, mark your calendar.

On December 4th at 4 PM CET, Cryptobeyer and Thrilld are hosting “Web3 for Good,” a live event where industry pioneers, innovators, and changemakers will dive into the most pressing questions shaping the future of Web3.

Why This Matters:

Web3 has the potential to reshape industries, empower individuals, and redefine equity in the digital age. But how do we ensure that the tools, platforms, and systems we build align with ethical standards, deliver tangible benefits, and foster sustainability?

What We’ll Discuss:

Expect a thought-provoking discussion with an incredible lineup of experts. Topics include:

✔️ What does (and does not!) “real impact” look like in Web3?

✔️ How can outsiders evaluate impact using frameworks like Proof of Good?

✔️ How can founders and businesses build impact beyond their individual projects?

✔️ Ensuring equitable use of financial tools like crowdfunding and market-making.

✔️ The role of Web3 in empowering people through IoT, AI, and quantum computing.

Meet the Speakers:

■ Frank ▄ ▀. – Founder of Masternode.one, whose leadership drove an annual trading volume of over $40 billion across centralized and decentralized exchanges.

💡 Jesse Wachtel – Founder of Decentralized Ventures and CTO of Thrilld Labs. Jesse is the creator of FundingChain, a decentralized crowdfunding platform changing how projects are funded.

🧠 Henrik Beyer – Author and creator of the Proof of Good framework, designed to align Web3 innovation with ethics and equity.

🌍 Alexandra Overgaag – CEO of Thrilld Labs and contributor to the Proof of Good framework, building tools for impactful and sustainable Web3 projects.

This isn’t your typical laid-back panel. It’s a live debate with real stakes.

Be Part of the Conversation:

Your voice matters. Share your questions, ideas, and experiences during the event as we explore how Web3 can truly impact the real world.

Don’t miss this chance to BUIDL for a better future.

👉 [Register now and join us on LinkedIn](https://www.linkedin.com/events/web3forgood-building-evaluating7266758955094134785/theater/)

Let’s redefine what “good” looks like in the fourth industrial revolution. See you there!