Why Is This Important?

The Next Big Thing For Web3

Creating and managing currency was the first use case for Web3 technology. But clearly Web3 can do much more. Web3 has evolved to serve new use cases. DAOs have shown that Web3 technology can be used as a social consensus and decision-making tool for collective management of crypto assets.
The next step is to structure new organizational forms capable of creating impact in the physical world by mobilizing and motivating large communities.
Network States will be the next big thing for Web3: Internet-native, crypto-based societies that evolve to have physical territories.