Do We Really Need Another Messaging App?
TL;DR
'One username and login to rule them all!' That's one of the many promises Web3 has made to us all. The idea being:
You buy a Web3 domain name → it acts as your username/digital identity across all Web3 apps (including socials, gaming, messaging, etc.).
The easiest of those product categories being: messaging. A fact that isn't lost on the folks over at Coinbase! They've just announced a wallet-to-wallet messaging feature.
Which is kind of like if Venmo added a chat function, so you could DM your friends, as well as send them money. (The crypto version of that, at least).
Do we really need another messaging app? At this point - no, not really (but this feels like more of a long-term play from Coinbase).
Full Story
'One username and login to rule them all!'
That's one of the many promises Web3 has made to us all.
The idea being:
You buy a Web3 domain name → it acts as your username/digital identity across all Web3 apps (including socials, gaming, messaging, etc.).
The easiest/most obvious first step of those listed categories being: messaging.
A fact that isn't lost on the folks over at Coinbase!
They've just announced the roll out of their new wallet-to-wallet messaging feature.
Which is kind of like if Venmo added a chat function, so you could DM your friends, as well as send them money.
(The crypto version of that, at least).
The difference is, with Coinbase's wallet-to-wallet messaging your username is yours (you own it, not Coinbase, not Facebook, not Twitter - you!)
Which is neat, but do we really need another messaging app?
At this point - no, not really (but this feels like more of a long-term play from Coinbase).
Is it nice to know there's a messaging platform where we can truly own our own digital identities (instead of one of a small handful of tech giants)?
Absolutely!