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Home»Web 3»Do we really need another messaging app?
Web 3

Do we really need another messaging app?

2023-07-13No Comments2 Mins Read
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TL;DR

  • “One username and login to manage them all!” That’s one of the many promises Web3 has made to all of us. The idea is:

  • You purchase a Web3 domain name → it acts as your username/digital identity for all Web3 apps (including socials, gaming, messaging, etc.).

  • The easiest of those product categories is: messages. A fact not lost on the people at Coinbase! They just announced a wallet-to-wallet messaging feature.

  • That’s kind of like Venmo added a chat feature so you can DM your friends and send them money too. (At least the crypto version of it).

  • Do we really need another messaging app? Right now – no, not really (but this feels more like a long-term Coinbase game).

Full story

“One username and login to manage them all!”

That’s one of the many promises Web3 has made to all of us.

The idea is:

You purchase a Web3 domain name → it acts as your username/digital identity for all Web3 apps (including socials, gaming, messaging, etc.).

The easiest/obvious first step of the categories listed is: posts.

A fact not lost on the people at Coinbase!

They just announced the rollout of their new wallet-to-wallet messaging feature.

That’s kind of like Venmo added a chat feature so you can DM your friends and send them money too.

(At least the crypto version of it).

The difference is that with Coinbase’s wallet-to-wallet messaging, your username is yours (you own it, not Coinbase, not Facebook, not Twitter – you!)

That’s neat, but do we really need another messaging app?

Right now – no, not really (but this feels more like a long-term Coinbase game).

See also  Are stablecoins about to become more stable? (Is that even allowed?)

Is it nice to know that there is a messaging platform where we can actually own our own digital identities (rather than one of a handful of tech giants)?

Absolute!

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