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Making Sense of Crypto and Web3
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MAKING SENSE OFCRYPTO & WEB3

Crypto & Web3 are a huge phenomenon but can be hard to make sense of. We help
with introductions to key concepts and in-depth evaluations of the claims for
its social and economic impact.

Read our guide

A project ofLife Itself Labs & collaborators



Get short updates as we release new material or review important developments.

Email address
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LATEST RELEASES

Our latest articles and explorations.

Video

Post FTX collapse reflections on Crypto

In this episode of our Making Sense of Crypto & Web3 series, we explore the
recent dramatic events that have shaken the ...

Video

Hypha DAO & Life Itself in Conversation

This week Rufus Pollock and Theo Cox sit down with co-founders of Hypha DAO Alex
Prate, Joachim Stroh, and Franz Joseph ...

Video

Samer Hassan & Rufus Pollock on Decentralization, Platform Monopolies and Web3

In this episode of our Making Sense of Crypto and Web3 series, we talk with
blockchain researcher and expert Samer Hassa ...

Video

Regenerative Finance and Web3 for Public Goods

Regenerative Finance (ReFi) is about combining web3 finance tools with
regenerative purposes like tackling climate chang ...

Video

Stephen Reid & Rufus Pollock on Worker Cooperatives and DAOs

In episode 13 of our Making Sense of Crypto & Web3 series, Life Itself's Rufus
Pollock is joined again by teacher and te ...

Video

KlimaDAO & Life Itself in Conversation: Part One

In a previous episode, Collective Action Problems & Climate Change, Steven Diehl
and Rufus Pollock discussed the utility ...

Video

A Macroeconomics Perspective on Cryptocurrencies

In this episode of our Making Sense of crypto and web3 series, Stephen Diehl is
joined by economist and data scientist, ...

Video

Cory Doctorow on Blockchain, Crypto & Web3

In this episode of our Making Sense of Crypto and Web3 series, Rufus Pollock is
joined by activist, journalist and autho ...

Video

Open Collective, Steward Ownership & Exit to Community with Pia Mancini

In this episode, Rufus Pollock speaks with Pia Mancini about: her work to make
community finance transparent and sustain ...

Video

Fintech Incrementalism and Responsible Innovation

The fintech incrementalist position is that fintech (financial technology) is a
force for effecting change in financial ...

Video

Market Fundamentalism

In episode #2 of the series, Rufus Pollock and Stephen Diehl explore a common
incentive for investing in crypto: the bel ...

Video

Collective Action Problems & Climate Change

In this episode we use the example of KlimaDAO to explore the interaction
between climate change and the public goods problem.

Video

On the Potential of DAOs & Web3 with Jordan Hall & Rufus Pollock

In this episode with Jordan Hall we discuss the potential of DAOs for social
change.

Video

Web3, Bitcoin and Neo-metallism

Evaluating the Bitcoin and Neo-Metallist thesis: Bitcoin is a digital gold, a
gold-standard was good monetary policy, an ...

Video

Web3 and Post-State Technocracy

In this episode we explore the aspirational transition from the existing US-led
international order to a world in which ...

Video

Richard D. Bartlett, Stephen Reid & Rufus Pollock on Critical Exploration of
Web3

Just what is Web3, why are people so excited about it, and how likely is it to
really change the world? In this episode, ...


A GUIDE TO CRYPTO AND WEB3

Blockchain, tokens, NFTs, DAOs - what does it all mean? Our guide provides an
accessible overview of the key concepts in Crypto and Web3.

Discover



LIBRARY

Want to learn more? We are maintaining a comprehensive library of articles,
papers, books and other materials related to the space and the surrounding
discourse. It provides deeper background on specific topics along with
everything you need to fully engage with, and evaluate, Web3 and the claims
being made about it.

Explore



CLAIMS FOR CRYPTO AND WEB3

Crypto and Web3 are associated with many bold claims. From classic technology
boosterism of better and faster, to the radical transformation of our societies.
But huge controversy surrounds these claims, and there’s a lack of agreement on
even basic points and definitions.

Learn More



WHY THIS PROJECT

What is the motivation and purpose of this project?


SITUATION: CONTROVERSIAL AND COMPLEX

Web3 & crypto has become a massive phenomenon. Big claims are made for its
impact extending to the transformation of our economy and society. It is also
exceptionally controversial and polarizing with significant disagreement.
Finally, it’s not an easy topic to make sense of.

Read More



THE PROBLEM: THE STAKES ARE HIGH, BUT WE’RE STRUGGLING

The phenomenon has global implications and touches on multiple complex areas. We
require good, collective sensemaking, or else risk polarization. As a “runaway
problem”, the investment of attention and money has grown exponentially. Should
Web3 fail to deliver on its promises, the waste would be massive. In addition,
with such fast-growing phenomena, things happen before we can notice, far less
prevent them (eg climate change).

Read More



WE NEED BETTER SENSEMAKING

We need to make good choices, in a constructive, intersectional and
de-polarizing way. Do we advance Web3 or curb it? How should we allocate our
resources? Good sensemaking begins by clarifying and agreeing on what questions
to ask and the process of answering them.

Read More



GET INVOLVED

This is a collective effort and we’re keen to involve collaborators and
contributors.


HERE'S HOW YOU CAN GET INVOLVED:

 * Contribute to the library,
 * Write up key concepts,
 * Proof edit articles and transcribe dialogs,
 * Share the work with others.

Get Involved



WE’D ALSO LOVE TO HAVE FEEDBACK THROUGH OUR FORUM:

 * Are there particular topics or areas we should cover?
 * Do you disagree with any of our assessments?
 * Have we missed or misunderstood something?
 * Do you have feedback on how we structure or present the thinking?

Our Forum

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