Welcome to Web3 with A6 and Z, our show about building the next generation of your internet.

I'm your host Donald Choxi and while this show is for anyone working on or interested in blockchains and

crypto whether entrepreneur or creator or policymaker today's all new episode is

also relevant to all kinds of technology businesses because it's a deep dive on the business strategy

behind competitive advantage network effects, motes, and more covering both

basic foundations as well as the tricky nuances in a new world of open source including

Web 3. As a reminder none of the following is investment business legal or tax

advice please see a six and see dot com slash disclosures for more important information including a link to a list of our investment.

Our expert guest today is A6C crypto research partner Scott Commuters, who is also a professor at

Harvard Business School, a faculty affiliate in Harvard's Department of Economics and

advises several companies on marketplace development

incentive design and more as well as advises and is directly involved

in several NFT communities.

Scott teaches on these topics both at Harvard and also recently at our

crypto startup school, so be sure to subscribe to our playlist for those talks on

YouTube under A6 and Z crypto to get updates as we release more videos.

In the first time of this discussion, we cover foundational business concepts and questions

such as the nature of competition and how it really changes in Web 3,

as well as how network effects really work.

And then, in the second half, in case you want to skip ahead,

we cover mindsets and general guidance for builders.

So, Scott, the focus of this episode is all about business strategy for Web 3.

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