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

Summary: Jeff Morris Jr. (@jmj), investor at Chapter One, joins Erik Torenberg and co-host Ian Cinnamon. Takeaways:<br><br>- Jeff realized the power of subscriptions during his time at Tinder. He says that digital goods are an even better version of subscriptions.<br><br>- Web3 is almost entirely missing mobile usability.<br><br>- Crypto apps could add a reputation layer to existing Web2 use cases, like dating apps.<br><br>- People are still using Web 2.0 community products to create communities for Web3.<br><br>- Web3 games need to move away from speculation and towards building genuine player enjoyment.<br><br>- 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.<br><br>- Corrections help to reset the whole ecosystem.<br><br>- It’s hard to unseat the dominant marketplace, whether in Web 2.0 or Web3.<br><br>- Crypto is big enough that even if you aren’t a crypto investor, you should be spending some time in the space.<br><br>Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.<br><br>Check us out on the web at <a href="http://www.villageglobal" rel="noopener">www.villageglobal</a>.vc or get in touch with us on Twitter @villageglobal.<br><br>Want to get updates from us? Subscribe to get a peek inside the Village. We’ll send you reading recommendations, exclusive event invites, and commentary onthe latest happenings in Silicon Valley. <a href="http://www.villageglobal.vc/signup" rel="noopener">www.villageglobal.vc/signup</a>