Antonio Garcia-Martinez on Why Ads are an Inevitable Part of Web 3

Antonio Garcia-Martinez (@antoniogm), author of The Pull Request, joins Erik Torenberg and Ian Cinnamon on this episode. Takeaways:- The first version of ads on the web, banner ads, looked like ads in the newspaper, because often the new version of media looks like the last version of media — that’s skeuomorphism.- Apple’s app tracking transparency is breaking the model for Facebook and Snap.- Antonio says there won’t be a media ecosystem in Web 3 without attribution.- The advent of balanced and nuanced journalism decades ago was a luxury born of ads.- We will likely live in a Web 2.5 world for a while where incumbents won’t lose their fiefdoms but there will be new experiences and new spaces to conquer.- Web 3 is both private and public — Visa doesn’t post all your transactions the way on-chain payments reveal them.- The average user trades privacy for other things and as the scale of Web 3 grows, privacy will likely become less of a focus.Antonio’s posts on ads and Web 3:Attribution rules the world (and it'll rule Web3 too)https://www.thepullrequest.com/p/attribution-rules-the-world-and-itllEverything is an ad network: How to pay for Web 3https://www.thepullrequest.com/p/everything-is-an-ad-networkThanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We’ll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

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The Village Global podcast takes you inside the world of venture capital and technology, featuring enlightening interviews with entrepreneurs, investors and tech industry leaders. Learn more at www.villageglobal.vc.