The Global Renaissance and Web3
FOUND3R Aims to Accelerate the Adoption of Responsible Web3 Technology in America
In today’s rapidly evolving technological landscape, we find ourselves at the cusp of a new era — one that has the potential to usher in a Global Renaissance.
As Web3 leader Anand Venkateswaran told me in a conversation for FOUND3R, “We are on the precipice of the Renaissance of our time — a convergence of tech and finance propelled forward by culture.”
The convergence of Artificial Intelligence (AI), Web3, and Extended Reality (XR/VR) technologies presents us with unprecedented opportunities to foster a worldwide cultural and intellectual rebirth. For the purposes of this paper, we’re limiting our viewpoint to Web3.
These powerful tools are not just reserved for the elite; they hold the promise of broad global accessibility, empowering people from all walks of life to contribute and participate in this transformative movement.
And importantly, just like the Renaissance from our past, it is individuals driving it forward. Global Renaissance actors today come from various backgrounds, hold a range of intents and talents to imagine, create, own, build and use these technologies.
Web3: Empowering Ownership and Collaboration
Web3, the next stage of the internet built on blockchain technology and a decentralized web, holds the key to fostering an innovative global society. Web3 offers new possibilities for digital ownership and collaboration.
- NFTs (Non-Fungible Tokens) enable artists, writers, and creators to monetize their work directly, bypassing traditional gatekeepers.
- Smart contracts ensure transparent and fair collaborations across borders, breaking down barriers and fostering a sense of global unity.
- Web3’s decentralized nature ensures that these opportunities are accessible to anyone with an internet connection, fostering an environment of creativity and cooperation that fuels the Global Renaissance.
Understanding Web3: A Missing Piece
The crux of this potential Global Renaissance lies in the broad understanding of these transformative technologies, and here in America, there’s a widening gap between those that understand Web3 and those that don’t. One entrepreneur described it as the “divide between the have’s and the have nots.”
A lack of understanding of Web3 has created uncertainty and concern with Web3 leaders and threatens America’s competitiveness.
We heard in our interviews with more than three dozen Web3 leaders that the general lack of knowledge and understanding of how technology works and where it’s all going — and confusion of all these technologies emerging at the same time — stifle America’s role in the advancement of this moment.
To Web3 leaders, regulatory enforcement of what’s perceived to be Web3 (e.g., “Crypto Casinos”) feels reactionary and “shooting from the hip” and draft legislation authored by narrow viewpoints are being hurried through the annals of Congress without context of how it all works and a potential for unintended consequences. FOUND3R coalition members described a crucial “need for knowing the rules and regulations” here in America to stabilize the market globally. Web3 technology is decentralized, which means it can exist anywhere, and many hope America will emerge as a hub for Web3 technology.
Together, we can roll up our sleeves and do better; and we must to ensure America remains a leading force in this wave of global change.
FOUND3R Bridges Understanding with All Stakeholders
This past week in New York City, we launched FOUND3R, a coalition of entrepreneurs, builders and innovators — from all walks of life and vantage points — aimed collectively at furthering the adoption of responsible Web3 technology in America. See pics and stories from the event on our ‘X’ thread.
This group of individuals might play a crucial role in advancing understanding here in America by serving as a bridge for all stakeholders to understand this new technological landscape.
Collaborative initiatives like FOUND3R aimed at bridging the digital information divide through storytelling and educational engagements, are paramount to ensuring that all stakeholders can fully participate regardless of their current understanding.
By serving as a trustworthy bridge between government, organizations, and the industry, FOUND3R provides education, establishes industry standards, and provides access to a network of civic-minded subject matter experts, empowering all stakeholders with the tools and understanding they need to participate in the shaping of our collective future. Events, like salons, receptions and dinner parties create “safe spaces” and opportunities to ask questions of people that not only understand this technology, but live it and breathe it every single day.
We stand shouldered up as catalysts to a Global Renaissance that transcends borders and empowers every individual. Together, FOUND3R and organizations aligned in mission, can can raise levels of understanding and accelerate the responsible growth of these technologies to foster a new era of creativity, knowledge sharing, and cultural rebirth throughout the world.
David All is the founder of FOUND3R. He is largely considered the pioneer of social media in politics and a former speechwriter in the US Senate & Leadership Aide in US House of Representatives. He is a frontier ‘civic hacker,’ a term coined by @BarackObama. And with a team at ChangeDAO, also created @ChangeGallery, a Web3 platform empowering artists to support the causes they care about most with their art.