Pepe

Channels

Read

<div class="coingape"> 
 <h2 id="web3-linkedin-as-a-new-crypto-startup-idea">Web3 LinkedIn As A New Crypto Startup Idea</h2> 
 <p>Armstrong’s declaration follows his vision for the crypto future, which he revealed in a business blog post and presentation on August 30. He discussed numerous concepts that have the potential to alter the digital asset market in this vision, highlighting the significance of a healthy ecosystem outside of <a rel="noopener noreferrer nofollow" title="Coinbase" href="https://thebittimes.com/tag/coinbase.html">Coinbase</a>’s core offerings.</p>  
 <div class="quads-location quads-ad90952 " id="quads-ad90952" style="float:none;text-align:center;padding:0px 0 0px 0;"> 
  <div class="ad1"> 
   <div class="advertised"> <span class="ad-placeholder">advertisement</span> 
   </div> 
  </div>  
  <div id="my-banner-ad" class="d-inline-block"></div> 
 </div> 
 <p>The construction of a <a rel="noopener noreferrer nofollow" title="Web3" href="https://thebittimes.com/tag/web3.html">Web3</a> version of LinkedIn, where corporations can issue soul-bound NFTs to validate employment and qualifications, is a standout among Armstrong’s latest ideas. This innovation has the potential to replace existing resume verification processes by providing a secure and transparent method of certifying professional qualifications.</p> 
 <p>Armstrong sees this project as having multiple components, including the development of a user-friendly interface for exploring employee and employer profiles. Building a network effect, a crucial aspect of any social platform’s success presents a challenge, but Armstrong hints at a solution by allowing users to mint their NFTs if they can verify their association with a company through a .com email, among other strategies.</p> 
 <p>The <a rel="noopener noreferrer nofollow" title="Web3" href="https://thebittimes.com/tag/web3.html">Web3</a> LinkedIn idea comes after Armstrong expressed his views on a marketplace for crypto jobs and chores, which might enable individuals to locate crypto jobs all across the world, allow jobs to be paid in crypto, and eliminate cross-border payment friction. <a rel="noopener noreferrer nofollow" title="Coinbase" href="https://thebittimes.com/tag/coinbase.html">Coinbase</a> has announced a collaboration with X (previously Twitter) to launch a jobs posting service.</p>  
 <div class="quads-location quads-ad148831 " id="quads-ad148831" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="NewTrendin dsdsd m-on"> 
   <h5> 
    <svg class="inline-block w-5 ml-1 text-black _text-digg-blue" width="34" height="20" xmlns="//www.w3.org/2000/svg" viewbox="0 0 17 17" fill="currentColor"> <path fill-rule="evenodd" d="M12 7a1 1 0 110-2h5a1 1 0 011 1v5a1 1 0 11-2 0V8.414l-4.293 4.293a1 1 0 01-1.414 0L8 10.414l-4.293 4.293a1 1 0 01-1.414-1.414l5-5a1 1 0 011.414 0L11 10.586 14.586 7H12z" clip-rule="evenodd"></path> 
    </svg>Recommended Articles </h5> 
   <div class="TrendSList owl-carousel owl-relatedpostar"> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/06/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/06/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Crypto Presale Projects For 2023 To Invest; Updated List </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/04/fa6133ad6e87ee1c4776d3849180d46b.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/04/fa6133ad6e87ee1c4776d3849180d46b.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Best Crypto Trading Bots List 2023</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/03/f88de9f91a8c6b7926f52e209e8f697e.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/03/f88de9f91a8c6b7926f52e209e8f697e.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/03/472515f3ab5ae759f4e49d6afa8bc33a.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/03/472515f3ab5ae759f4e49d6afa8bc33a.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Crypto Telegram Channels List 2023 [Updated]</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/03/48cfebc8a0493db9937bed5dd005ee19.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/03/48cfebc8a0493db9937bed5dd005ee19.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Top 10 <a rel="noopener noreferrer nofollow" title="Web3" href="https://thebittimes.com/tag/web3.html">Web3</a> Games To Explore In 2023; Here List</h6> <span>Must Read</span> 
    </div> 
   </div> 
  </div> 
 </div> 
 <p><a rel="noopener noreferrer nofollow" title="Coinbase" href="https://thebittimes.com/tag/coinbase.html">Coinbase</a> Ventures also plans to host a Builder Summit in October, inviting a select group of founders and projects that align with Armstrong’s vision. The summit will bring together the greatest brains in the crypto sector to encourage collaborative talks and prospective investments.</p>  
 <div class="quads-location quads-ad124348 " id="quads-ad124348" style="float:none;text-align:center;padding:0px 0 0px 0;">   
 </div> 
 <p>Also Read: ETH Price Prediction: Ethereum Gaining Momentum, Targeting $2,000?</p> 
 <h2 id="armstrong-has-a-long-list-of-crypto-startup-ideas">Armstrong Has A Long List Of Crypto Startup Ideas</h2> 
 <p>While the Web3 LinkedIn concept steals the spotlight, Armstrong’s other ideas are equally intriguing. He proposes “Flatcoin,” a decentralized currency that tracks consumer prices to preserve purchasing power. Another concept involves creating an “Onchain Reputation” protocol that assigns reputation scores based on on-chain data, thanks to decentralized identity systems like ENS.</p> 
 <p>Furthermore, Armstrong envisions a new era of advertising with “Onchain Ads.” In this model, smart contracts specify payments for user actions in real-time, creating an auction mechanism for ad inventory within the Web 3.0 landscape.</p> 
 <p>However, not everyone shares the same enthusiasm for every idea. Ari Paul, the founder of BlockTower Capital, offers a pragmatic perspective. He believes that “On-chain Reputation” may take time to gain traction, while “On-chain Advertising” faces challenges due to its limited market size. Paul also suggests that a “Job/Task Marketplace” concept may not be directly related to cryptocurrency, and Layer 2 privacy presents challenges for entrepreneurship profitability.</p> 
 <p>Also Read: Crypto Prices Today: Pepe Coin, ASTR, And Solana Show Upward Price Movements</p> 
</div>  
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/coinbase-founder-adds-web3-linkedin-to-list-of-startup-ideas-tbt61689.html">https://thebittimes.com/coinbase-founder-adds-web3-linkedin-to-list-of-startup-ideas-tbt61689.html</a></p>

Coinbase Founder Adds Web3 LinkedIn To List Of Startup Ideas

Table of Contents

TheBitTimes

Other articles published on Sep 6, 2023

Hooked Protocol Partners with Another World for Metaverse Expansion

FTX Founder Sam Bankman-Fried Fights DOJ's Legal Requests

Top 5 Altcoins on the Verge of a Massive Rally – On-Chain Platfrom Santiment Reports

Binance's Key Russian Execs Resign

ETH Price Can Bounce As Ethereum Whales Make Big Purchases

ZEX PR WIRE Unveils $15,000 Worth of Free PR Campaign at Token 2049 Singapore

Join our free newsletter for daily crypto updates!