Happy Monday, y’all! Fall has finally arrived in the Deep South, and not a moment too soon! Temps are now in the 70s and sunny, this is my favorite time of the year! Here’s some stories that caught my eye the last few days…

 

And then there were none. LinkedIn will pull out of China, marking the departure from the country of every major American social media platform. They will maintain a jobs board, but this is still pretty big news.

Microsoft’s ⁦@LinkedIn⁩ said it would shut the version of its professional-networking site that operates in #China, marking the end of the last major American #socialmedia network operating openly in the country. https://t.co/d4MUYBSi5f

— Tim Hayden (@TheTimHayden) October 14, 2021

 

Twitter is adding an accelerator program for Spaces, called Spark. This will be similar to offerings from Clubhouse whereas accepted members can get access to mentoring and cash to maintain and build their Spaces.

Twitter Spaces Spark Program Phase 1
Must be:
• 18+ years
• 5,000+ ACTIVE followers
• Located in the U.S. for Phase 1
• Commit to #spaceshost a minimum of 2 #TwitterSpaces/week.
• Complete profile w/account name, bio, profile picture & header image.
HT->@SamanthaPostman https://t.co/dlTbKTJqJU

— 🟣 Jennifer Navarrete (@epodcaster) October 12, 2021

 

You’re about to see a lot of talk here and really everywhere about Web 3.0. You can ask 10 different people to define Web 3.0 for you, and likely get 10 different answers. Here’s how I think about the progression of the internet:

Web 1.0 : Fewer platforms and websites. Websites are mostly a luxury for businesses, limited content creation options for the individual, typically tied to major platforms like Prodigy, AOL and CompuServe.

Web 2.0 : An explosion of content creation options for the individual, but far fewer monetization options. User data is owned by major social media platforms, who are the huge benefactors of content created by users.

Web 3.0: Users will reclaim control of their data, and communities will control and support platforms. Power will shift from the social media companies and platforms, to the individual.

The potential power shift from the corporations to the individual is what has so many people excited about the possibilities of Web 3.0.

Coinbase is launching an NFT marketplace, where else will we see this? my predictions:

-Adobe Behance
-Amazon
-Ebay
-Getty
-Facebook Marketplace

Also, our NFT purchases will display on: Twitter (underway), TikTok (partial), Facebook, & Linkedin.https://t.co/4jjt9KlKKD

— Jeremiah Owyang (@jowyang) October 12, 2021

If you haven’t already begun to educate yourself on the movements and technologies that will drive Web 3.0, fear not, you still have time, as it’s still early days. But you owe it to yourself to begin to educate yourself on things like cryptocurrency, the blockchain, NFTs and the like. I will be creating more content around Web 3.0 in the coming months.

If you’re on Twitter, I have created a List of experts in Web 3.0.  Following this list will get you up to speed on what’s happening in the space.  You can subscribe to the list here.

Exciting times, to be sure! Hope you have a wonderful week, I’ll see you next Monday!