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Description
Join us for a day of content dedicated to exploring what’s possible using Web3 technology like Filecoin, IPFS & Ethereum.
A
B
A
Common
question
I
get
from
developers
and
entrepreneurs
in
the
web
for
ecosystem.
They
often
ask
me:
hey,
we
really.
We
are
really
interested
in
building
on
the
falcon
ecosystem,
but
there
are
so
many
opportunities.
Where
do
we
start
right?
So
I
hope
to
like
just
like
provide
some
ideas
and
directions
in
terms
of
like
opportunities
that
we
should
explore
as
an
ecosystem.
A
A
On
the
platform
they're
mostly
being
captured
by
the
shareholders
of
the
company-
and
I
think
with
web3
there
are,
there
is
an
opportunity
for
us
to
really
change
this
kind
of
economic
structure
and
I
think
hosting
airbnb
itself
carries
lots
of
similarity
with
mining
on
filecoin,
both
of
them
on
airbnb.
As
an
airbnb
host,
you
contribute
housing
resources
and
on
a
smiler
on
filecoin
contribute
cloud
resources.
Being
a
host
is
labor
intensive
being
a
miner.
However,
it's
knowledge
and
technology
intensive
as
a
host.
A
You
add
that's
a
contractor,
but
for
coin
as
a
miner
you
are
an
owner
of
the
network
and
airbnb
is
being
managed
by
our
company
and
where
filecoin
is
governed
by
a
decentralized
ecosystem.
In
terms
of
dispute
resolution,
you
have
to
go
to
legal
recourse
on
airbnb,
but
there's
good
economic
mechanism,
social
consensus,
community
governance
on
foulcoin,
but
there
are
some
similarities
as
well.
A
I
think
like
both
host
airbnb
and
providers
on
filecoin
share
this
brand
identity
with
the
platform
right
and
and
people
compete,
both
within
the
ecosystem
and
outside
ecosystem,
like
airbnb
with
hotel
chains
through
differentiated
services.
It's
not
really
about
price
right,
maybe
to
start
price
could
be
competitive,
but
really
people
compete
on
differentiated
services,
and
this
is
why
hackathons
accelerators
startups
and
so
on
so
important
to
our
ecosystem,
because
developers
build
this
kind
of
differential,
differentiated
services
on
top
of
the
file
coin.
A
So
just
to
recap
what
this
file
points
so
that
we
start
on
the
same
page.
You
have
different
participants
in
this.
In
this
ecosystem,
you
have
clients
looking
to
consume
storage,
goods
and
services.
You
have
miners
providing
that
service
also
maintain
the
consensus
on
the
blockchain.
They
have
developers,
building
like
products
and
experience
on
top
of
this
platform
and
they
have
token
holders
doing
investment,
providing
liquidity,
supporting
everyone
in
the
ecosystem
and
ecosystem
partners,
collaborating
with
the
ecosystem
very
deeply
to
really
push
the
boundary
forward
and
going
back
to
our
ireland
economy
analogy
right.
A
So,
like
you
have
researchers
building
on
the
algorithm,
then
you
have
like
miners,
amassing
these
different
kinds
of
raw
materials
like
this
idc's
or
data
centers,
compu
and
so
on,
to
produce
storage,
related
goods
and
services.
Then
you
have
developer
coming
on
to
build
that
experience
right
and
then
you
have
token
holders
providing
liquidity,
loans,
collateral
and
so
on
and
so
forth
and.
A
Goal
for
everyone
in
the
ecosystem
is
to
attract
more
potential
clients
and
participants
to
join
the
falcon
economy.
So
falcon
is
a
utility
token.
It's
a
platform,
it's
protocol,
it's
a
blockchain
network,
a
community,
an
economy,
an
ecosystem
and
also,
very
importantly,
an
evolutionary
system,
just
like
many
other
blockchain
networks,
and
we
coming
together
to
really
move
and
shape
the
future
trajectory
of
this
of
this
economy.
A
And
with
this
in
mind,
I
think,
like
I
think,
falcon-
is
really
uniquely
positioned
in
rf3
to
support
both
web
2
and
f3
use
cases.
We
should
we
start
from
talking
about
business
opportunity
from
like
a
more
web
2
star
interactions,
and
then
we
talk
about
why
the
web3
use
cases
that
are
emerging
on
filecoin.
A
So,
let's
just
recap
again
on
like
what
is
using
storage
and
file
code
being
because
sometimes
come
from
like
a
traditional
web
tool,
where
we
might
expect
things
to
just
work
out
of
the
box
right,
it's
a
product.
You
should
just
there's
one
way
of
working
how
it
works
right.
But
no,
if
I
go
into
protocol
just
like
you
fear
and
many
others,
there
are
there's
no.
A
single
defined
way
of
how
the
interaction
should
be
done
right.
A
It
only
cares
about
the
basic
building
block
as
a
layer,
one
and
then
the
rest
is
all
emergency
up
to
the
creativity,
entrepreneurship
of
developers
and
founders,
building
on
the
ecosystem.
So
when
you're,
providing
miners
are
providing
storage
on
file
point,
they
are
proving
their
storage
in
this
notion
of
a
sector.
It's
like
a
shipping
container
and
then
they
can
put
different
content
in
the
in
the
container
and
then
the
blockchain
will
come
around
every
day.
Asking
the
miner
hey.
A
A
Right,
like
the
redundancy
encryption
indexing
fast,
retrieval,
one-part
storage
is
all
possible
on
the
falcon
nerve
today
and
you
just
maybe
because
it's
only
six
or
seven
months
old,
you
need
to
find
the
right
provider
to
provide
the
to
have
the
right
slam
provide
the
right
level
of
service
and,
looking
at
this
dashboard,
we
can
actually
see
that
the
storage
cost
on
filecoin
today
is
actually
quite
competitive.
It's
only
0.3
of
aws,
but
I
want
to
emphasize
this
point
earlier
that
I
mentioned
earlier.
Just
like
airbnb.
It's
not
just
about
cost
right.
A
A
So
now,
I'm
going
to
talk
a
bit
more
about
different
kind
of
web
2,
star
interaction
and
opportunity
in
that
space,
as
mentioned,
filecoin
is
a
platform.
It's
portal
core,
so
clients
might
need
to
find
miners
to
make
to
enter
into
a
deal.
So
this
could
be
inefficient
to
start,
but
right
now
we're
seeing
very
exciting
and
promising
design
where
you
have
miners
notaries,
bringing
very
reputable
clients
to
the
file
cloud
network,
but
there's
lots
of
room
for
building
applications
to
improve
the
whole
user
experience.
A
A
new
dual
matching
platform
can
emerge,
as
I
mentioned
earlier.
Filecoin
can
be
thought
of
as
an
airbnb
for
cloud
services,
but
it's
also
a
lot
more
than
that,
because
you
can
see
many
many
airbnbs
or
do
a
matching
platform
emerging
on
the
falcon
network.
Many
drop
boxes,
many
google
clouds
and
so
on
and
so
forth,
and
the
next
step
will
be
could
be
defining
like
now
that
you
have
this
matching
services
and
platform.
A
Mining
reputation
and
ratings
become
a
thing
because,
as
a
client,
how
do
I
know
which
miners
I
should
choose?
There
are
more
than
2
000
miners
on
the
falcon
network
today,
so
define
the
next
step
would
be
potentially
defining
grades
of
storage
services
right
like
just
like
hotels,
right
like
you,
have
like
three-star
hotel,
five-star
hotel
and
different
kind
of
ranking
so
like
this
could
be
a
precursor
to
commoditized
like
cloud
storage
right.
This
is
where
we
draw
like
inspiration
from
crook
oil
defining
different
kind
of
grades.
A
Right
then
now
you
can
have
like
exchanges
on
cloud
resources
that
can
emerge
on
the
file
coin
economy,
so
another
another
opportunity
for
the
more
traditional
kind
of
sense
would
be
so
falcon
liner
have
lots
of
storage
capacity,
and
then
they
also
have
lots
of
computer
resources
that
sit
next
to
the
storage
capacity.
This
is
really
really
powerful.
So
this
whole
collocation
of
storage
and
compute.
A
We
did
a
pilot
with
life
here
and
falcon
coal
mine,
which
is
very
successful,
and
then
we
also
bring
grants
during
this
hackathon
to
support
more
application
that
is
built
in
the
intersection
of
these
two
ecosystems.
I
think,
with
compute,
closely
close
to
the
storage
analytics,
become
like
a
pretty
straightforward
thing
about
less
ratio.
For
than
the
sound,
but
it
comes
like
it
becomes
a
natural
thing,
and
then
we
can.
We
can
even
store
algorithms
on
file
coin.
It
doesn't
have
to
be
just
data
right.
A
Also
used
in
the
as
a
production
capital
so
like
it's
useful
for
miners
and
clients
to
be
able
and
other
participants
to
be
able
to
be
shielded
from
token
volatility.
Risk
and
financial
and
data
services,
kind
of
go
hand
in
hand
right
with,
like
better
network
analytic
infrastructure.
This
will
enable
even
more
sophisticated,
interesting
financial
applications
to
emerge
on
the
falcon
network.
A
So
we
talked
about
this
kind
of
more
traditional
web
2,
common
kind
of
like
business
model
and
opportunities,
which
I
think
each
of
them
are
really
big.
It's
really
big,
I
think
falcon
also
brings
a
pretty
unique
and
new
building
block
to
the
whole
webster
ecosystem,
and
this
is
under
it's
not
fully
realized
and
appreciated,
because
the
network
is
so
real.
A
We
go
through
some
of
this
new
opportunity
in
a
moment,
but
we,
I
would
like
to
first
talk
about
to
revisit
what
are
some
elements
of
brexit
right:
privacy
and
ownership,
transparency
and
openness,
permissionless
participation,
community
governance
being
able
to
compose
different
building
blocks
to
allow
for
emergence
right,
because
stylecoin
is
a
layer,
one.
There's
lots
of
room
for
different
kinds
of
protocol
and
project
to
emerge.
A
On
the
basic
building
blocks
that
falcon
provides-
and
personally
I
think
web3
is
a
lot
about
novel
interactions
and
new
business
models
that
really
change
how
we
interact
with
like
each
other,
with
like
assets
and
so
on
and
so
forth,
and
we
look
at
some
of
these
like
interesting,
like
or
successful
areas
within
like
the
webster
ecosystem.
We
look
back
at
d5
right.
It
first
came
up.
A
I
think
it
was
mentioned
back
in
2015,
but
then
during
the
2017
ico,
boom
lots
of
depth
and
d5
projects
started
to
emerge,
and
then
you
have
the
launch
of
compound
units
while
late
2018,
then
you
have
a
d5
somewhere
last
year.
So
what
are
the
lesson
or
takeaway
that
we
can
learn
from
this
like
past
trajectory
of
our
broader
raptor
ecosystem?
A
So
I
think
there
were
many
that
before,
but
some
of
them
may
be
a
bit
complex
and
I
think,
like
d5
is
a
relative
leverage,
the
the
building
block
that
ethereum
provides
by
doing
some
relatively
simple
operations,
and
then
there
are
many
protocols
that
emerge
on
top
of
the
underlying
layer.
One
and
each
of
them
provides
different
building
blocks
such
that
that
leads
to
like
a
an
exponential
growth
of
the
ecosystem.
A
Next
would
be
nft,
which
has
been
pretty
popular
lately.
So
it
started.
I
think,
even
earlier,
in
2017
people
talk
about
digital
collectibles
and
so
on.
I
think
erc721
was
defined
as
a
standard.
Then
you
have
cryptokitty,
which
is
like
a
big
success,
and
lots
of
attention
and
awareness
was
raised
around
nfts,
and
then
you
have
this
whole
cambrian
explosion
of
like
many
many
nft
projects,
and
then
we
have
the
book
that
we
saw
like
last
year
and
this
year.
A
So
I
think
some
of
the
takeaway
here
is
the
importance
of
defining
a
standard
and
some
reference.
Implementation
and
some
type
of
concept
would
go
a
super
long
way
and
I
think,
like
protocols
and
marketplaces,
you'll
find
their
part
of
marketplace
relatively
early.
So
what
are
the
building
blocks
that
really
falcon
brings
to
the
table?
So
I'd
like
to
share
with
you
this
diagram
that
we
used
to
talk
about,
we
call
that
the
dataverse,
let's
first
look
at
this
whole
data
flow
at
the
top.
A
Here
I
call
it
data
supply
chain
and
I
think
it's
very
common
in
the
web
tool
world
today.
I
think
you
might
take
a
different
form
in
the
web3
world.
There's
lots
of
opportunity
here
to
explore
so
data
the
data
gets
reduced
and
then
data
get
refined
and
then
it
gets
you
rated
and
then
value
generation
even
happens
and
there's
somebody
attribution
one
of
our
favorite
examples
would
be
bloomberg
right,
like
lots
of
data.
B
A
Bloomberg
they
are
not
private,
they're,
actually
public
and
then
like
boom
block
minds,
them
create
and
curate
them
into
a
terminal,
and
then
they
sell
them
right.
This
is
a
pretty
mature
business
model
in
web
2,
but
I
think
there's
lots
of
room
to
do
something
different
and
better
in
web3,
and
then
we.
A
At
our
stack,
I
think
my
ipfs
is
a
content
address
where
everybody
can
upload
data
to
the
ipfs
network
and
what
falcon
brings
to
the
table.
I
think
there
are
two
unique
value:
propositions.
One
is
the
scale
and
volume
right
you
have
more
than
one
or
two
petabytes
of
a
useful
storage
being
added
to
a
network
as
capacity
every
hour,
and
this
is
going
to
increase
with
the
upgrade
that's
coming
next
month
now.
A
Hyperdrive
and
the
next
thing
is,
as
mentioned
earlier,
the
blockchain
will
come
around
checking
on
the
storage
on
the
network
every
single
day,
so,
like
you,
that's,
and
so
that
you
know
that
your
data
that's
being
stored,
is
exists
every
day.
That
generates
a
proof
right
so
before
falcon
introduced
like
a
user-defined
smart
contract.
I
think
there's
some
pragmatic
thing
that
we
can
do
as
a
community.
A
I
think,
like
a
bridge
layer
could
be
interesting,
whether
you
bridge
discharge
states,
whether
the
data
is
stored
and
so
and
so
forth,
stream
oracle
to
other
web
through
ecosystem.
And
then
you
have
the
business
logic
that
lives
in
in
some
kind
of
smart
contract
platform.
I
think
anything
for
the
top
two
boxes.
These
are
just
reference
kind
of
hardly
by
emerge.
I
think
there
might.
A
Just
an
id
of
some
storage
that
being
stored
on
the
ipfs
and
falcon
network
and
funds
can
only
be
paid
out
when
there's
a
proof
that
this
data,
this
cid,
has
indeed
been
stored
on
the
falcon
network,
and
this
is
like
a
building
block
for
many
other
things
like
data
dials,
where
dials
cannot
be
formed
around
data
that
a
common
cares
about
members
drawn
by
proving
that
they
have
stored
some
data
or
they
have
contributed
to
a
pool.
They
found
this
storage,
it
could
be
wikipedia,
it
could
be
like
internet.
A
It
could
be
things
with
strong
foundation.
It
could
be
anything
and
with
distributing
block,
then
you
can
have
like
storage
insurance.
Commodity
features
around
like
cloud
storage
itself
right
after
we,
after
we
after
this,
like
different
kind
of
rating
that
we
talked
about,
then
you
can
repair
miners,
for
example,
right
our
data
get
lost
by
the
way
falcon
has
very
strong
penalty.
Data
gets
lost,
there's
a
very
penalty
on
the
protocol
itself
against
that
kind
of
outages.
A
But
I
don't
think
it's
in
the
content
itself
right
this
open
the
door
to
like
persistent
nfts
and
then
like
this,
also
give
you
a
stronger
incentive,
because
now
your
incentive
aligned
with
maintaining
the
content
on
the
network,
so
this
paved
the
way
for
setting
up
the
metaverse.
You
can
create
vr
content
games,
3d,
printing
models
and
many
many
more
and
and
with
this
kind
of
content.
A
First
nfts
there's
a
very
natural
question
to
ask:
how
can
we
do
better
in
terms
of
value
attribution,
because
that's
like
one
of
the
pretty
common
criticism
today
so
remember
we
we
saw
the
ipfs
cid
network
right,
there's,
there's
a
network
of
content
that
is
stored
on
coin
right
and
this
creates
room
to
define
new
standards
and
protocols
of
like
what
is
a
no.
Where
is
it
edge?
How
does
really?
A
How
does
value
really
flow
in
this
kind
of
content
network,
and
I
think,
there's
lots
of
interesting
experiments
that
we
emerge
and
then
we
talked
about
you
can
see
ids
you
could
talk
about.
You
can
put
algorithm
on
falcon
as
well.
Each
cid
can
be
an
algorithm
and
that
can
be
strong
involvement
when
you
have
compute
and
data,
you
generate
more
data,
and
then
you
have
a
network
of
like
values
and
data
on
the
falcon
network.
So
overall,
I
think
like
as
a
later
one
protocol
at
very
early
stage
of
the
ecosystem.
A
I
think
there's
a
lot
of
room.
There's
a
lot
of
room
for
layer,
two
protocols
that
leverage
the
falcon
unit
building
blocks
and
fill
in
the
gap
from
the
layer,
one
to
the
application
to
provide
new
experiences
right
like
perpetual
search
protocol
like
store
one
and
as
pay
one
and
so
forever.
You
can
see
like
many
many
of
this
emerging
on
the
falcon
network.
You
can
have
data.
A
Data
mining
mining
with
like
a
token,
for
example,
content,
delivery
protocol
and
more
alternative
incentive
people
to
use
the
falcon
network
to
upload
data
to
use
web3.
It's
not
just
about
companies
to
bring
more
participants
into
web3,
and
this
incentive
may
not
be
financial
all
the
time
it
could
be
social
where,
like,
why
would
you
upload
photo
to
facebook
when
facebook
was
launched?
Sometime?
Is
that
social
incentive?
A
So
with
like
only
six
or
seven
months
into
the
into
the
network's
launch,
I
think
falcon
ecosystem
is
exploding
with
like
many
many
applications
building
on
the
network
with
new
infrastructure,
with
many
accelerators
ecosystem
funds,
investing
in
the
startups
and
founders
in
the
ecosystem.
So
some
questions.
I
often
ask
myself
because,
as
I'm
thinking
about
looking
at
this
new
project
that
are
emerging
given
where
we
are,
I
think
we
are.
A
I
think
we're
really
lucky
as
a
builder
in
battery,
because
there's
lots
of
room
to
decide
where
we,
what
we
are
building
right,
whether
we're
building
an
application,
a
product
or
a
service,
a
platform
protocol
or
standard,
or
even
we
are
building
or
defining
an
entirely
new
industry.
So
how
we
should
constantly
think
about
where,
where
we
are
positioning
ourselves
as
we
as
we
hacking
our
projects
and
help
and
see
like
a
road
map
and
a
business
plan,
business
model
down
the
line-
and
it's
also
important
personally,
I
think,
like
web3.
A
A
Lastly,
I
think
spread
the
word
grow.
The
community
grow
the
pie
together,
I
think
for
blockchain
to
be
for
webster
to
be
to
go
mainstream.
We
have
to
have
this
win-win
mindset
and
we
should
we
will
come
together
to
build
the
future
that
we
want
to
see
so
feel
free
to
reach
out
to
me
on
twitter.
Thank
you.
So
much
for
attention.
B
Amazing
that
was
a
super,
comprehensive
and
incredible
overview
of
what's
possible,
like
I'm
curious
like
what's?
Is
there
something,
quick
and
actionable
that
you
can
advise
the
teams
on
for
this
weekend
that
they
can
just
kind
of
get
started
to
see
how
this
would
work
and
then,
over
time,
expanded
to
be
that
the
broader
sort
of
fully
developed
idea
like
how
do
you
think
about
what
what
people
could
do
this
weekend.
A
Yeah,
so
I
think,
like
I
think,
building
a
poc
of
like,
like,
I
think,
even
for
data
bounties
and
data
dials.
I
think
these
are
something.
This
is
something
that,
like
with,
with
the
with
the
the
bridge,
be
provided
by
textile
you
can
you
can
develop
some
develop
something
like
over
the
weekend
and
then
with
the
training
bridge
as
well.
You
can
explore
some
of
this
new
interaction
as
well.
I
think
like
it's,
it's
all
pretty
open.
The
resources
are
out
there
and
then
I
feel
like
some.
A
I
think
business
model,
and
so
on
is
like
a
pretty
big.
A
very
interesting
topic.
Personally,
I
think,
like
there
are
lots
of
traditional
web
2
models,
but
I
think,
like
even
in
web
3,
I
think
like
there
are
lots
of
new,
like
paradigm
rates
but
building
a
community,
let's
say
you're,
building
a
developer
tool.
A
I
think,
like
open
sourcing,
solve
this
work
and
then
like
building
a
community
around
it
and
then
having
like
governance
and-
and
this
kind
of
now
kind
of
format
could
be
a
very
interesting
model
and
also
for
even
for
other
software
like,
as
I
mentioned
earlier
like.
Are
we
building
an
application,
a
product,
a
protocol,
standard
or
industry
right?
This
offer
very
different
incentives
and
then,
like?
I
think
we
are
all
in
this
exploratory
phase.
So
I
think
we
don't
need
to
rush
into
like
thinking
about
what
is
my
our
immediate
monetary.