Q What's your, what's your optimistic take, you know, five, 10 years from now for web three? I think you've, you've spoken a lot about, you know, the faults of web three and there's tons, but I'm curious, you know, what, what does web three look like in five to 10 years?
A All right. So web three is a collection of assets, right? People include blockchain in there. They include smart contracts in there. Distributed computing is in there. Permissionless, you know, trustless, serverless, peer-to-peer. All that is part of this, um, you know, technology stack. So you're really asking like, what are, where are these 17, what's the future of these 17 technologies? I'll tell you like, there are two things I think that are super promising, uh, or maybe three, uh, that I think could have legs. Uh, I think NFTs, uh, are a very interesting technology when certain rights are attached to them. So if I were to buy my Soho House membership or the battery or my golf club membership, and it was an NFT, and then I could take my golf club membership or whatever it was. And under some sort of smart contract rules, I, if I paid 25,000 dollars to become part of my local golf club or 5000 dollars to be part of Soho House, I would have the right to sell it to somebody else. Um, and I could get back up to a hundred percent of my original investment, then 50% of any gain. And then the solo house or the golf club got the other 50% and the golf club had to approve the person and I had to approve the person. So both things had to be true, or I didn't need their approval. If it was over this amount, whatever it is. And so you could see that being like a very interesting way t…
AI assessment note: “there are two things I think that are super promising”