🌟 Web3 For Product Managers: The Expectation

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 ðŸŒŸ Web3 For Product Managers: The Expectation


👉 Web3, also known as decentralized web or blockchain web, refers to the next generation of the internet that utilizes decentralized technologies such as blockchain and peer-to-peer networks to create a more open, transparent, and secure online environment. For product managers, the advent of web3 technology can bring both opportunities and challenges.




👉 Expected opportunities include:

✅ A new market for decentralized products and services, such as decentralized finance (DeFi) and non-fungible tokens (NFTs).

✅ Increased trust and security for online transactions through the use of blockchain technology.

✅ Potential for new business models, such as decentralized autonomous organizations (DAOs) and token-based incentives.

✅ A more open and transparent internet, where users have more control over their data and privacy.

✅ Overall, product managers in the web3 space should be prepared for a rapidly changing environment and be open to experimenting with new technologies and business models.

✅ It is important to keep an eye on the latest developments in web3 and to be adaptable and responsive to the unexpected changes in the industry.

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