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From YouTube: THE VAULT - Day 2 - Linh Tan, OWC: Reclaiming The Web
Description
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A
Our
next
speaker
is
lin
tan
from
owc,
open
web
collective,
open
web
collective
is
the
accelerator
and
investor
in
cuba,
vc
and
incubator
for
blockchain
and
web
3
startups,
and
a
lot
of
the
near
projects
that
we
know
and
love
today.
B
A
A
B
There
you
go
yeah
hi
everyone,
I'm
lin,
tayan,
I'm
with
the
open
web
collective.
Just
to
give
you
a
little
bit
background
about
me,
I've
I'm
actually
pretty
new
to
the
web
3
of
blockchain
space.
So
I've
only
been
in
for
a
few
months.
You
would
call
it
a
normie.
I
came
in
as
a
normie
as.
A
B
They're
still
learning
terminology
but
yeah.
I
worked
for
accelerator
web
2
accelerator
for
about
six
years,
so
that's
sort
of
the
background
I
came
in
and
today
here
you
go.
I
want
to
talk
about
how
web
3
to
me,
I
just
saw
some
parallels
here-
is
about
reclaiming
the
web
again
as
in
for
a
second
time
and
to
give
you
a
little
bit
of
context,
I
wanted
to
go
over
so
brief.
Very
brief
history.
B
B
The
u.s
military
then
used
this
technology
to
as
a
means
of
communication
during
the
cold
war
in
case
there's
a
nuclear
attack
so
fast
forward
web
one
web.
Two
right
you
can.
You
can
see
that
the
public
has
then
used
this
technology
to
share
information
and
companies
have
leveraged
this.
You
actually
can
see
some
parallels
and
I
don't
want
to
necessarily
imply
or
assume
any
intention
on
founders
or
builders,
but
generally
speaking,
founders
are
trying
to
solve
a
problem,
and
you
know
we
kind
of
made
a
turn
somewhere
here.
B
Right
and
you
know
it-
you
can
see
that
web
two
companies
actually
say
that
they
want
to
make
the
world
a
better
place
a
whole
lot
so
much
so
that
the
hbo
show
silicon
valley
made
fun
of
it
a
little
bit
they
poked
fun
of
it.
You
can
see
in
the
corner,
it's
the
antagonist,
gavin
belton.
He
says
I
don't
know
about
you,
but
I
don't
want
to
live
in
a
world
where
someone
else
is
making
the
world
better
than
we
do.
B
So
I
think
that
encapsulates
that
pretty
pretty
well.
At
the
same
time,
individuals
are
not
necessary
off
the
hook
right.
We
try
to
share
art
and
content
freely
on
platforms
like
napster
and
bittorrent
and
in
some
sense
that
was
actually
was
an
attempt
to
democratize
content
in
some
sense
right.
It's
it
was
to
cut
out
a
middleman.
You
know
record
labels,
and
all
that
aside,
it
was
to
make
content
freely
available
and
not
to
be
judgmental.
B
I
can
kind
of
see
if
many
people
think
he's
like
not
me.
I
never
did
that,
but
you
know
that's
not
necessarily
the
point
that
the
point
is
sort
of
to
say
that
people
tried
to
do
something
altruistic
and
there
were
some
side
effects
that
were
unattended
not
intended,
and
the
fact
was
that
artists
and
content
creators
were
not
compensated
for
the
work
and
the
effort
right
this
that
was
sort
of
the
the
unintended
consequence
of
it.
B
So
we
haven't
had
a
really
good
track
record
in
using
just
this
technology
in
a
way
that
was
beneficial
for
everyone,
and
people
just
were
not
aware
of
a
lot
of
these
flaws
in
the
system.
So
where
do
we
go
from
here?
B
To
me?
Owc
can
provide
a
solution
in
helping
founders,
build
better
solutions
by
being
refined,
direct
and
intentional
right
founders
can
help
us
refine
new
and
old
ideas
and
build
solution.
Based
on
that,
we
want
to
directly
tackle
the
flaws
that
we
have
identified
at
this
point,
and
we
want
to
be
intentional
in
creating
systems
that
avoid
the
pitfalls
and
mistakes
from
the
past.
B
B
And
owc
is
all
about
empowering
people
and
powering
the
web
right.
People
should
have
control
and
autonomy
over
their
money
over
their
data
over
their
privacy
and
we're
fairly
intentional
about
how
we
want
to
approach
all
of
these
problems,
but
also
create
a
world
and
create
a
web
that
benefits
most
people
say,
maybe
all
so
pretty
ambitious,
but
most.
B
Owc
is
an
accelerator
and
a
fund
we've
been
around
for
a
year,
so
mildred
edata,
founded
this
a
year
ago,
we've
incubated
or
accelerated
28
companies,
collectively
they
have
raised
78
million
to
date,
are
worth
600
million.
Collectively
we
have
a
global
network
of
mentors
and
advisors,
also
a
community
of
founders
creators
as
well
as
experts
who
are
there
to
support
the
founders
we're
crypto
native.
So
we
have
a
curriculum
designed
for
web
three
companies
specifically,
and
we
have
a
network
of
investors
and
vcs.
B
To
tell
you
a
little
bit
more
about
the
accelerator
here
are
the
alumni
that
have
gone
through
the
program,
I'm
not
going
to
go
through
all
of
them,
but
some
of
them
you've
heard
about,
especially
if
you
I
listened
to
ross
earlier
right.
So
we
have
one
inch,
which
is
an
exchange,
mint
gate,
which
is
the
content
gate.
B
We
had
warto
gaming
nim
technologies,
which
is
a
privacy
network
infrastructure,
and
also
we
wanted
to
highlight
the
batch
three
companies
who
are
going
through
the
program
right
now.
So
there
are
eight
companies.
We
have
some
interesting
companies
this
time
around.
We
have
d5
options.
You
know
basically
like
stock
options.
Just
in
web3
space
we
have
a
d5
insurance,
so
in
case
of
a
hack,
you're
actually
insured,
and
you
don't
lose
everything
we
have
doing
good,
which
is
a
nft
marketplace
with
a
little
twist.
B
Some
of
the
proceeds
go
to
social
courses,
that
of
the
choice
of
the
artist,
and
I
wanted
to
highlight
some
of
the
projects
that
are
actually
building
on
near
again.
We're
not
going
to
go
through
all
of
them,
but
there's
very
awarding
water
gaming
powers
and
there's
more
to
come.
B
One
specifically,
which
is
in
this
batch
is
t-squared.
T
squared
is
a
read
to
earn
application
where
people
or
users
can
monetize
their
attention
as
they're
engaging
in
reading
content.
They
get
rewarded
in
a
native
currency,
and
users
can
also
contribute
their
community,
so
t-squared
actually
acts
as
a
content.
Aggregator.
B
We
got
a
little
bit
of
a
little
bit
for
everyone
hope,
so
one
is
to
register
for
our
demo
day.
So
batch
three
is
going
to
come
to
a
conclusion
december.
It's
december
8th,
the
url
is
right.
There's
owcdemoday.com3.
B
The
other
way
is
to
be
a
founder
yourself.
You
know
be
a
creator
apply
for
batch
for
that's
coming
up
next
year.
We
quickly
a
little
bit
about
the
program.
We
have
a
12-week
program,
we're
going
to
look
for
20
to
25
teams
for
this
upcoming
batch
and
there's
a
potential
of
investment.
So
up
to
half
a
million
our
ideal
companies
are
pre-seed
to
seed
stage,
they
have
a
product
or
prototype
and
some
traction,
and
then
you
can
go
to
our
website
to
apply.
So
it's
openwebcollective.com.