The transition from one internet generation to the next was marked by a group of startups that captured the imagination of end-users and investors alike, and went on to create new technologies and value in the market.
The transition to Web3 will bring about the biggest waves of startups yet. Simply because the end-users themselves are not only using the new apps, but they can now also own and have a say in their directions. This is the driving force behind the new superwave that will transform the internet.
In a space where most technology is open source, community plays a decisive role for adoption. In web3, communities have a new, powerful tool for aligning interests and expressing their decisions: tokens.
Holders, Builders, Contributors
Building a community is crucial for web 3 startups to be successful. Getting a significant amount of the right kind of community right from the start can supercharge the bootstrapping process of startups.
At Elrond, we value community tremendously. It is the group of people, that have gathered around our shared values of hardcore building and open collaboration towards a better financial system, that fuel Elrond’s growth.
It acts as a filter for holders, builders and contributors. And with the right alignment of interests, it will supercharge the rapid expansion of the Elrond ecosystem.