The internet is one of the most important innovations, and engines of progress, in human history — yet it is failing the people who rely on it most: consumers, creators, developers, and small businesses. Control (over decisions, data, and much more) is consolidated among a handful of big platforms, which unilaterally make decisions on behalf of their users; or change the rules suddenly on developers and other builders; and extract prohibitive fees from creators… and so on.Blockchains have not only emerged as a credible solution, they also represent an important new computing movement that opens up new opportunities and use-cases well beyond web3. But despite the potential of this industry, critical regulatory guidance has been lacking.
To share what’s at stake — and provide a resource for anyone seeking to understand, or share more on blockchains & crypto with others more — we put together a quick spotlight deck. It sets context for the why, what, and how of web3; and shares relevant data from our State of Crypto report that you can share with others more broadly. The deck also offers guiding principles to help U.S. policymakers meet their goals of protecting consumers, providing a path to compliance, and ensuring innovation.