January 31, 2022, 8:46PM EST
• 9 min read
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- Verifiable decentralized networks have enabled novel web applications and models whereby creators and communities can monetize and internet-native communities can collaborate
- Although Web3 is still nascent, it is clear that there is already significant economic activity taking place resulting in new goods and services in an ecosystem comprising DeFi protocols to NFTs and gaming to DAOs and more
- Here, we take a look at select numbers behind the emerging Web3 economy to try to start quantifying this new economic activity