Coinbase Founder Brian Armstrong Expands Vision With Web3 LinkedIn-Like Idea

Key Points:

• Coinbase founder Brian Armstrong expands his vision by introducing an 11th startup idea – a Web3 version of LinkedIn that utilizes soul-bound NFTs issued by companies for employment and credential verification.
• This innovative concept aims to enhance user profiles, foster a network effect, and further Armstrong’s commitment to exploring innovative solutions in the blockchain and cryptocurrency space.

Brian Armstrong, the founder of Coinbase has demonstrated his commitment to fostering innovation within the blockchain and Web3 space. 

Following the submission of over 150 project applications in response to his call for promising ideas, Coinbase’s Founder has decided to introduce an 11th startup concept. This fresh idea involves the creation of a Web3 version of LinkedIn that leverages soul-bound NFTs issued by companies to verify employment and credentials.

The proposed Web3 LinkedIn-like platform aims to address several key objectives:

Verification Through Soul-Bound NFTs: Companies would have the ability to issue soul-bound NFTs, forging an unbreakable link between individuals and their employment or credentials. This innovative approach offers a secure and tamper-proof method of verification.

Front-End Profiles: The platform would feature an intuitive front-end interface for users to explore employee and employer profiles. This user-friendly design enhances accessibility and engagement.

Network Effect Bootstrapping: Establishing a network effect is essential for such a platform’s success. To achieve this, users may potentially be allowed to mint their own NFTs if they can verify their association with a company through a .com email, among other methods. This creative approach seeks to overcome the challenges of building a robust network.

Previously, Coinbase’s Founder shared his top ten areas of interest in the blockchain and cryptocurrency space. These areas included concepts like flatcoins, onchain reputation systems, onchain advertising, and more, reflecting his dedication to exploring innovative solutions in the industry.

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