Network Effects in Web3

The Internet is rapidly changing the way we own things, and this creates unprecedented opportunities along the way. If the Internet of the first and the second generation gave us the ability to read and write (exchange) information, the third generation Internet brings the ability for us to establish ownership of currencies and things.  

Using the same knowledge graph technology Google used to organize information, and blockchain tech powering Bitcoin and other crypto currencies, OriginTrail is organizing humanity’s most important web3 assets, making them discoverable, verifiable, and valuable.

As more users get involved in using the fundamentals of the next-generation Internet building blocks such as blockchain-based applications for payment, storage, and asset discoverability, this will increase its value according to the law of network effects – also known as Metcalfe’s law.