WordPress, a modular function Object for building web applications, was one of the most obvious factors in web2 adoption. Even though it doesn’t cover all of the potential Web2 use-cases, WordPress is incredibly strong. Imagine if Web3 had a similar platform to WordPress.
Is Lynqyo The Way Forward?
Four key factors will determine whether the web3 technology stack will be used in the future:
- Layer 1 infrastructure’s readiness (both on-chain and off-chain)
- Detailed application-specific protocols (layer-2)
- Go-to-market plans for web3 protocols, applications, and platforms. – Tools for building web3 applications and platforms on top of layer-2.
There are already numerous solutions that are developed and adaptable enough to be considered layer-1 infrastructure. The Lynqyo strategy is to concentrate on the last three components and collaborate with top companies that concentrate on the first component.
Today, an economy may be built that places the work of creators at the centre of a transactional system and offers a means of quickly, safely, and easily capturing and transferring the value they generate. The way that millions of creators worldwide develop, collaborate, and monetize new ideas, projects, technologies, works of art, and other sorts of non-physical material is being redefined by the content-led economy.
The innovators at Lynqyo are creating solutions for decentralised decision-making that reward both the artist and the fan through the use of inclusive tokenised marketplaces. They believe that artists can influence culture, behaviour, and the state of the planet by fighting back against big tech’s exploitative algorithms and centralised infrastructure to make sure that creators reclaim the power of their storytelling for good. The team does this by providing web3 tools to content creators, led by subscription services that support blockchain technology and platforms for modular content.
As a fundamental component of the Lynqyo network, non-physical creative material must be represented in a way that the protocol can interact with it. For this, Web3 presents a crucial idea.
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