Around The Coin

Is Web3 the Future of Social Media? - Ray Chan| ATC #504

March 20, 2024 Faisal Khan and Mike Townsend | Glassbox Media Episode 504
Around The Coin
Is Web3 the Future of Social Media? - Ray Chan| ATC #504
Show Notes Chapter Markers

In this enlightening episode, our host Stephen Sargent has an engaging conversation with Ray Chan, the CEO, and co-founder of 9GAG, a widely popular platform for sharing memes. Now he's bringing us Memeland, a project in the Web3 space. This interview dives deep into the corners of building social media platforms in the age of Web3, exploring Ray's vision for the future of tech, content creation, and the importance of community in the growth of a platform. From the early days of 9GAG to the exploration of cryptocurrency and blockchain as Ray delves into the Web3 ecosystem, this episode is chock-full of insights for entrepreneurs, tech enthusiasts, and anyone interested in the evolution of the digital world.

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Introduction and Guest Introduction
The Journey of 9GAG and Memeland
The Impact of Social Media on Popularity
The Birth of 9GAG and Its Mission
The Challenges and Successes of Building a Startup
The Role of Y Combinator in 9GAG's Journey
The Importance of Community in Web3
The Introduction to Cryptocurrency and Web3
The Concept of Proof of Fandom
The Transition from Web2 to Web3
The Vision and Strategy of Memeland
The Role of Blockchain in Social Media
The Power of Community in the Digital Age
The Economics of Scarcity in Content Creation
The Rise of Web3 and Crypto in Decentralization
The Challenges of Building in Web3
The Impact of Money in Web3 Communities
The Struggles and Triumphs of Entering the Web3 Space
The Future of Tokenomics for Creators
The Rise of Web3 in Asia
The Future of Memeland and Web3 Creators
Final Thoughts on the Web3 Journey