The Limitations of Traditional Networking Platforms
Entrepreneurial success often hinges on access to the right network—investors, co-founders, partners, and clients. However, traditional networking platforms like LinkedIn, AngelList, and Twitter present several major obstacles for Web3 entrepreneurs:
1️⃣ Inequality in Access to Opportunities
Emerging entrepreneurs struggle to connect with investors due to a lack of visibility and established networks.
Gatekeeping by centralized platforms restricts access to exclusive funding opportunities.
Traditional funding models favor established players, making it difficult for early-stage startups to raise capital.
2️⃣ Centralized Data Ownership & Privacy Risks
Users have little control over their personal and professional data—platforms monetize their information.
Data breaches and algorithmic bias limit transparency and trust.
No true ownership of professional identity—users rely on centralized profiles that can be removed or altered by platform policies.
3️⃣ Lack of Trust & Verification in Professional Relationships
Scammers and fake profiles are rampant on Web2 platforms, making it difficult to assess credibility.
No transparent verification system for skills, experience, or investment history.
Reputation is subjective, relying on endorsements rather than blockchain-verified credentials.
4️⃣ Poor Web3 Integration
No support for Web3-native financial transactions (e.g., smart contracts, tokenized investments).
Lack of tools for decentralized fundraising, such as DAOs or tokenized equity.
No seamless interaction with blockchain identities, wallets, or reputation tracking.
Last updated