Shane Mac of XMTP | The Power of Web3 Messaging
The team is joined by Shane Mac, Co-founder of XMTP - the secure messaging network for Web3 to discuss their goal of allowing any wallet address to message with one another. Shane walked us through his long history in the world of messaging and working with Web2 giants including Facebook bots, Ebay, and email clients, in his journey to make connecting with each other more human. Shane is an experienced start-up founder with a refreshing vision and outlook on how to bring Web3 to the next billion users.
Timestamps
00:00|Intros
01:45|Facebook, Email, and connecting with stranger driving acquisition by Blackberry
03:10|Creating form factor messaging experiences in crypto
06:30|Identities, Messaging, and Privacy – A demo of Coinbase Wallet
09:00|Selectively disclosing and the analogy to Apple’s “hide me email"
13:30|UX, intuitive design and more user experience into Web3
16:30|P2P messaging infrastructure of XMTP and owning your messages
18:50|The lifecycle of a message in XMTP
23:20|Breaking the shackles of Web2 walled gardens
25:00|Web3 brings in new models outside of “Value is Data”
27:28|A world where no one knows XMTP exists and any wallet address can communicate
29:30|Marketplace and network dynamics – the network has a lesser take rate than the app
31:05|What drives revenue and growth?
35:00|Wallets are just managements of various types of identity and being chain agnostic
36:31|Universal inbox, spam prevention, filtering - Converse App example
42:40|Onboarding into web3 was painful but it’s getting easier
44:55|Coinbase Wallet partnership and messaging as the heart of the universe
46:44|Focus and roadmap ahead
47:50|Ten words or less and Is what you do hard? Drawing from past experiences