Alexis Ohanian: Organic Community of Web3 is Undeniable

The video discusses the evolution of Web 3, the rise of crypto, and the impact on markets and startups. It highlights the importance of community and ownership in Web 3, the shifts in advertising strategies, and the role of retail investors. The speaker reflects on Reddit's IPO and the potential of NFTs as a new form of art and community membership.

What is the speaker's perspective on the current state of Web 3?

• Web 3 is overhyped and lacks innovation.

• Web 3 is attracting talented builders and has potential for innovation.

• Web 3 is declining in interest and investment.

• Web 3 is solely focused on cryptocurrency.

How have Apple's iOS changes affected the advertising landscape?

• They have increased the effectiveness of traditional advertising.

• They have led to a shift of marketing dollars away from Facebook.

• They have had no impact on advertising strategies.

• They have improved Facebook's ad performance.

What is the speaker's view on the role of retail investors?

• Retail investors are sticking to the 60/40 stock bond split.

• Retail investors are not interested in alternative assets.

• Retail investors are diversifying their portfolios beyond traditional assets.

• Retail investors are becoming less influential.

According to the speaker, what new responsibility do CEOs have?

• Balancing business leadership with community leadership.

• Ignoring community engagement.

• Prioritizing short-term profits over long-term growth.

• Focusing solely on business fundamentals.

Why is the speaker excited about NFTs?

• They believe NFTs have no financial value.

• They view NFTs as a form of art and community membership.

• They see NFTs as a passing trend.

• They think NFTs are only for tech enthusiasts.

What does the speaker compare the current NFT culture to?

• Early days of Facebook.

• Early days of Reddit.

• Traditional art markets.

• Mainstream media culture.

What financial impact do NFTs have according to the speaker?

• They have a negligible impact on brand value.

• They generate no revenue.

• They are only valuable for personal collections.

• They provide significant revenue through secondary sales.