Welcome to Web3

Back in the 1990s, we were dialing up and waiting on snail mail to avoid paying for every minute of access to the world wide web. This early version of the internet was built by developers and primarily delivered content in one direction. Websites were static and really only available for people to read. This read-only experience can be thought of as web1.

By 2005, most business owners had computers and had started to see the value of having a website. The ability to read content on the internet remained, but an option to write into cyberspace introduced dynamic websites where content could be updated. Bulletin boards, e-commerce, and social media also emerged. With the expanding capability to read and write online, anyone could share content without knowing how to code. This stage of the internet with read+write can be thought of as web2.

Within web2, supercomputers landed in our hands. This social integration with machines accelerated access worldwide and ushered in our connected era.

While such affinity allows us all to do more with less, immense power (and liability) was earned by big tech companies that controlled the world’s data. A dependency on convenience fed these web2 giants, which offered free access in exchange for more data. Big tech boomed through 2020, but trust wilted as humans became the product.

Investors demanding profit from big tech shifted ideals away from attraction and more toward extraction.

Tech giants became gatekeepers and left a stalling world of users feeling dispensable and disenfranchised. The internet had linked our planet, but power had become centralized.

Web3 is an umbrella term that describes the future of how we will continue to connect, communicate, and collaborate online. Guided by principles that suggest the internet is best when it’s decentralized, web3 technologies strive to be transparent, distributed, permissionless, proportionate, and verifiable. If web1 was read-only and web2 was read+write, web3 can be thought of as read+write+own.

What does it mean to own your online experience? Instead of another profile controlled by an individual company, we now traverse cyberspace with our own digital backpacks. Your digital assets are personalized, verified, and shared within any online environment, but privacy, content, and audience remain contained. As we move throughout the internet, our digital presence sticks with us instead of being lost on yet another centralized server. Enhanced cyber hygiene is needed when we own more of the experience online, but this paradigm shift returns ownership to the people who make cyberspace special.

As with anything new, this frontier brought fear, confusion, bad actors, and strange projects that felt like a prank. The challenges of building into the unknown suppressed mainstream growth, but this is how adoption curves work. Onboarding remained wonky, good ideas failed, AI burst back onto the scene, and the world had gotten comfortable with web2. Considerable progress came from traditional tools, and the growing pains of web3 led to an intermediate stage. Web2.5 was needed to move people through new layers of understanding. It took time, but winners made the experience feel like web2, with sufficiently decentralized technologies under the hood.

Over time, experimentation has led to more platforms that allow users to retain ownership as they move throughout cyberspace. Whether this is the first time you’ve heard of web3 or you’re a crusader leading the charge, pour another cup of curiosity and let’s introduce a few common terms that will make this nerdy narrative more approachable.

Decentralization – Sufficiently transitioning from single authorities to proportionately deliver verifiable ownership, access, control, transparency, communication, and governance to many stakeholders.

Blockchains – Decentralized immutable systems that record transactions with transparent logs on a dynamic ledger. There are private and public blockchains with different interfacing layers. Transaction fees cover the costs of the computing, electricity, and verification required to interact onchain.

DeFi – Acronym for decentralized finance, which weaves cryptocurrency into the existing financial industry.

Cryptology – The study of code. Within this context, cryptology supports security through cryptography. A theoretical debate is how this form of digital security will hold as quantum computing continues to mature.

Cryptocurrency – Mechanized money. Fungible assets used to support economies and immutable transactions between stakeholders online. In 2026, there are countless cryptocurrencies that total ~$4T in market capitalization, with Bitcoin maintaining the largest market cap (~$2T).

Smart Contract – Code-based agreement that establishes terms for how a transaction is executed for stakeholders involved. Like a bridge from a blockchain to digital assets, smart contracts also frame automated governance, arbitration procedures, and more.

Dapp – Acronym for decentralized application. Like other apps, but a Dapp lives on a decentralized network that uses wallets (versus profiles on a corporate network) to combine the user interface with an individual smart contract, which connects to dynamic data onchain.

NFT – Acronym for non-fungible tokens. NFTs are digital assets that represent ownership. Each NFT has a smart contract that then connects it to a blockchain. These smart contracts apply, transfer, and track digital signatures and verifiable ownership. Non-fungible means something is unique and cannot be replaced. In contrast, cryptocurrencies are fungible, as they are mutually interchangeable.

Extra Shot

The Roasted Reflections NFT Collection will always represent a neat technological experiment from 2020. It resulted in the creation of creative tokens owned by savvy/supportive true fans, who then unlocked front row seats and networked ownership with others. Studious, but fun stuff!

Minting – The process of locking a cryptographic asset (such as an NFT) into a blockchain. Transaction fees may be required, and blockchain hashing tracks the provenance for everything onchain. Lazy minting is when a digital asset is not fully minted until a transaction occurs.

Digital Wallet – A software tool to access the web3 world. Wallets store digital assets (ex: NFTs), interact with dapps, and host public/private keys. The wallet’s unique address is a hexadecimal string that refers to locations on a network, which are generated from the wallet’s private keys. This secures data transfers, cryptocurrency transactions, and digital signatures. A wallet address can be shared like a public email address, while private keys and seed phrases should always remain private.

Airdrop – Giveaways sent to digital wallets. Airdrops provide a creative way for people to share assets with each other, with senders paying the transaction fees. Be skeptical of an airdrop from unknown sources. Like clicking links or opening attachments in emailed spam, there are poisonous airdrops that can force access to your digital wallet when a malicious item is transferred. To be safe, if an unrecognized airdrop lands in your digital wallet, leave it alone.

Rugged – When digital property is lost or stolen, often malicious but not always deliberate. Being rugged is a bad thing, but it’s wild in experimental environments. Have fun in the rabbit holes, but exploration is done at your own risk. Be diligent with digital hygiene and tread lightly to stay safe in any digital realm.

DAO – Acronym for decentralized autonomous organization. These member-owned groups operate through code with less hierarchy. DAOs often share treasuries and governance, with projects defined by a collective goal.

Metaverse – Interoperable environments where users can interact from anywhere, with augmented and virtual reality ushering in more immersive experiences.

Protocol Networks – Open systems, like email, the web, and RSS that are funded and controlled but not owned by software developers or network stakeholders. In contrast, corporate networks are owned and controlled by companies instead of communities.

Zero-Knowledge Proof – In cryptography, a zero-knowledge proof is a protocol in which one party (the prover) can convince another party (the verifier) that a given statement is true—without conveying to the verifier any information beyond the mere fact of that statement’s truth. The logic in zero-knowledge proofs is that it becomes trivial to prove possession of the relevant information simply by revealing it; the hard part is to prove this possession without revealing this information (or any aspect of it whatsoever).

Tokenomics – The study of how digital assets create incentivized value within social economic frameworks.

As jargon alarms sound, remember, prevailing concepts are still being built. There are fewer industry standards, terms are not fully authenticated, and regulation is far from perfect. As web3 concepts move through different adoption life cycles, early adopters will continue to bake terms that help translate the ways in which different technologies work together.

Amid such efflorescent activity, it’s helpful to remember that much of the new jargon describes existing ideas that are being enhanced with advancing technology.

Money, for instance, is the oldest story humans have used to exchange value, yet this form of currency has evolved and will continue to do so. Secure access to a shared database is old hat for web2 wizards. We lived in Sim City long before the metaverse; everyone has flight and concert tickets landing in their phone’s digital wallet; and communities always thrive when they are sufficiently decentralized and still brewed from within. This does not thwart the magic of web3. It makes emerging technologies easier to adopt.

Brewed From Within
#76 📖 Technology

V2.0 – 100% HUMAN

By Ben McDougal, ago

Wireframing

Technology is known for expanding the reach of an idea, but plenty of leaders are not tech savvy.

One common scenario is a concept from someone with industry experience but no ability to code. If an idea has technical components, it’s advantageous to be technical, but this often makes first-time founders feel like there’s nothing they can do without paying for development or immediately recruiting co-founders to help build the product. This locks the idea in limbo, when in fact, there are many methods to make purposeful progress without a line of code.

Tools to make progress without being a developer are absolutely accessible, but knowing what direction to take is time-consuming. Decisions will be needed, but if doubt lingers, one easy way to think through your ideas is to visualize each step of the user experience.

Wireframing is an exercise that requires only a pencil, paper, and time. This activity is thought-provoking and allows anyone to conceptualize the structure and flow of their idea. It helps identify each type of user and user experience (UX) with no tech required.

To start, find a wireframing template to draw everything on screens of the device(s) your product will be used on. For example, if it’s a mobile app, find a wireframing template that includes blank smartphone screens and space for notes (example) to describe each state and how everything connects within the user interface (UI).Wireframing is used mostly to conceptualize digital products, but sketches help jumpstart physical products as well. If it’s a physical product, test your drawing skills by highlighting how different elements collectively come together to form the final embodiment. If it’s a storefront, determine the ideal space by sketching how customers move within it. If it’s a network of parts, draw how the system comes together.

Along with clarifying concepts for yourself, wireframing makes it easier for others to follow how everything fits together. Time spent here saves money if development is eventually outsourced because it curates a roadmap to avoid costly detours. When building a team, wireframes show you’re serious. This visual asset helps to explain the angles and makes it easier for others to contribute.

While product design and the business to support it will need to advance, earnest wireframing helps idea machines dodge melting momentum. Remain willing to learn but consider using this early move to help avoid paralysis by getting crafty as less technology brings more ideas to life.

Brewed From Within
#70 📖 Technology

By Ben McDougal, ago

Recursion

Recursion is a computer science term for the process of defining a problem in terms of itself, then dividing the problem into smaller parts of the same type.

After blogging every week for two years, it became clear how writing helps us think, translate, and index thoughts. This creative act was a commitment to contemplation and required discipline to be consistent.

Even with all the nourishing benefits, toward the end of the second year, was it time to take a break from this ambitious frequency? Indexing less would add ease, and the audience may not even notice.

Personal bandwidth and self-doubt aside, a proficiency in writing had developed, and a solid distribution system was in place. Publishing these ideas felt significant, each week’s topic guided conversations, and the timeless theme was growing a library for readers who may find lasting value long after a life well lived. It was still hard to know if this was time for a hiatus or time to double down.

By talking with mentors and considering different variables, a decision was made to double down. By continuing to write each week, a form of recursion set in and new ideas were unearthed. Each writing kept provoking more writings. The original problem was being divided into smaller parts, which made it easier to keep building without skepticism.

As more new writings shipped every week, an expanding web of thoughts fed an intrinsic motivation for perpetual learning. Along with personal growth, each piece was gratifying to share and thickened a library for leaders. After another full year of writing every week, new creative opportunities made the decision to push pause feel natural.

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It’s not a rainy day. It’s free water.

Sacrifices were made to stay consistent, but the beauty of this recursive exercise was that it strengthened my own understanding while also stretching the scaffolding that would continue to support even more vigorous art.

Action inspires action. What could you divide into smaller parts, then solve by doing more of the same?

Brewed From Within
#94 📖 Life & Happiness

By Ben McDougal, ago

Time Trappers

Storytelling enhanced with trapped time defines our civilization. Voices were first translated into writings to stretch the impact. Humanity continued to bring the past to life with audio, photos, and then video. We’re now adding telepathic communication and other weird ingredients to the technology soup that’s made to trap time. Leaders who leverage these tools are time trappers who wield an ability to appreciate life experiences more actively.

To test your time-trapping skills, grab a device and look through your own creative content. Whether it’s writings, audio, photos, video, or other types of art, go back to see what you’ve captured this week. Now, be kind and rewind. Revisit this day last year, two years ago, five years ago, and ten years ago. Embrace nostalgia, then consider the quantity, quality, and variety of content you’ve created.

Avoid distractions and stay in the moment, but if you’d like to enhance your time-trapping capability, think of fun ways to create more organized content.

This may be journaling, recording a podcast series, dedicating a day to taking an exorbitant number of photos, or editing a video from individual clips. As content comes together, organize it, and then push past fear by shipping the art. Creation, organization, and sharing will prevent everything from going numb within a device. The value in doing this can be seen as we write into physical notebooks or treasure a healthy bookshelf and when music lovers choose vinyl over endless streaming or a live theater performance over a TV show. Exertion from those generous enough to create, organize, and ship their art makes thoughtful time trapping more demanding but also more fulfilling as we extend time.

We are already cyborgs, and biotech will further augment the way we seamlessly capture, organize, and share our realities. Until we autonomously enhance our bandwidth, telling a story, writing, recording audio, taking photos, or shooting video will still take manual effort. Let’s mitigate the risk of AI and optimized efficiency. But might the elbow grease required to set each time trap make our personal creations more memorable? Yes! Even as future tools add ease, ingenuity and creativity will remain an essential currency that adds heartfelt context to trapped time.

Without a thesis, care enough to habitually go beyond what’s expected. When premium human time and ambitious initiative become a fundamental part of your creative practice, you’ll be a time trapper who stays in-tune, organized, and inspired with timeless purpose.

Brewed From Within
#72 📖 Technology

By Ben McDougal, ago

Replicants

Technologists and futurists have long imagined interacting with replicants. We’ve seen them in the movies. There’s no single definition for what a replicant might be, but it’s not C-3PO from Star Wars. Our replicants will be an artificially intelligent, bioengineered entity that has consciousness rooted in the human (or machine) it originated from.

This humanoid will index everything the originator ever created, map the complexity of their network, understand internalized versus externalized thoughts, have empathy for how the author matured over time, and gain contextual insight from storytelling to form a foundational identity. This identity would find purpose from a digitized consciousness, maintain essential rules, feel a mirrored personality, act the same even when nobody was watching, and stay updated without an altered foundation.

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Days feel long, but years fly by.

Replication should remain a choice, but capacity to interact with our past and future is expanding. Think of how we take photos. Look at the media being captured at any concert. We already use the moment to remember the past. We speak to holograms, watch animals play video games with their brain, grow synthetic realities, and experiment with infinity through the math and physics of big and small.

As the bandwidth of technology reaches escape velocity, what’s stopping us from pressing the record button to store every angle from every moment? At that speed, how can the linear evolution of humanity’s intelligence fuse with the exponential trajectory of machine learning? Even when it’s possible, do humans want such a reflective future?

Thinking about futuristic interactions can summon a desire to amend the way we spend time. Would you live your life differently knowing future generations may interact with your replicant? Therein lies why most of us don’t like the idea of such a daunting, forward-focused souvenir. If we’re always performative, authenticity is lost. Consistency, which most want in business, becomes a drag, and choosing less randomness, never breaking the rules, and pretending life is show would result in mental distortion and altered actions.

Constant attention is less fun, and making mistakes keeps us wild, but might we be less careless if the plan was to leave a replicant behind? This exercise might be less about technology and, instead, using replication as motivation to fully appreciate how every byte counts.

Brewed From Within
#86 📖 Technology

By Ben McDougal, ago