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Vertical Community Chat Platforms Are Set To Explode (Web2 → Web3)

Vertical Community Chat Platforms Are Set To Explode (Web2 → Web3)
By Faiā • Issue #23 • View online
Happy November! 🎃
💡Tip of the month: take advantage of the new “Community” features Web2 companies are starting to roll out, while keeping an eye on NFT integrations.
The most recent news is that Facebook (Meta) has launched a new WhatsApp feature called Communities. It’s aimed at extending the capabilities of the chat platform to cater to more intimate groups.
Back in 2021, WhatsApp was testing out crypto payments via Facebook’s Novi wallet but has since been dismantled.
On the Instagram front, they’ve recently launched the ability for creators to create their own digital NFT collectibles (via Polygon, which uses Ethereum).
And finally, with Elon Musk’s recent takeover of Twitter, rumors are that he’ll be integrating Dogecoin payments sooner rather than later. Despite Dogecoin being a joke that became legitimate (showing the power of meme culture in today’s business climate).
As you can see, Web2 social behemoths are slowly (but surely) integrating into Web3. They may not have been at the forefront of Web3 innovation, but they have the network power to take what works and scale it like no start-up can (yet).
Read on for further news from the last month.
George Siosi Samuels
Managing Director

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Contact Us Today
Wisdom of the month
Vertical community chat platforms are going to explode.

Instead of competing on Discord, provide members with streamlined, distraction-free experiences.

-Customized, branded user flows
-Increased announcement open rates
-Improved NPS
-Minimized spam

Build the town square.
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By Faiā

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