Web3.0 networks can create value in unique ways through factors like network effects, low costs, resource pooling, and automation.
Understanding the value of web3.0 protocols involves focusing on the value behind their native tokens and how they accrue value.
Decomposing tokens into Value Capturing Mechanisms (VCMs) and Value Creation Patterns (VCPs) helps to identify different mechanisms for capturing and distributing value in digital tokens across various sectors of the economy.
Session #2 focused on understanding value flows within ecosystems and identifying feedback loops for sustaining and growing value.
Valueflow diagrams can assist in sorting through ideas of value creation and value addition by visualizing concepts like policies, value stocks, and agents.
Defining vision and mission collectively in web3 communities can have a significant community-building effect and help in creating alignment for creating value.
Programmable value exchange over the internet has huge potential, but limitations exist in participant motivations and infrastructure.
Value attributes like origin, date, signature, and intrinsic value are well-captured by current blockchain infrastructure, leading to the success of DeFi and NFTs.
Tokens on blockchain platforms can encode intrinsic value, allowing for preservation and unique digital representations, yet energy consumption remains a concern.