Shane Mac of XMTP | The Power of Web3 Messaging

Shane walked us through his long history in the world of messaging and working with Web2 giants including Facebook bots, Ebay, and email clients, in his journey to make connecting with each other more human. Shane is an experienced start-up founder with a refreshing vision and outlook on how to bring Web3 to the next billion users. Topics Covered in this episode:<br />Shane’s background in the messaging space and his journey into Web3<br />Technical goals of XMTP and how to drive network effects without the cold start problem<br />Recent developments of XMTP including launching with Coinbase Wallet<br />How XMTP Web3 messaging worksJOIN THE COMMUNITY<br />TBP Twitter: https://twitter.com/thebtcpodcast<br />Hashing it Out Discord: https://discord.gg/eCwSWRyzam RESOURCES:<br />Shane X - https://twitter.com/ShaneMac<br />XMTP Website - https://xmtp.org/<br />XMTP X - https://twitter.com/xmtp_<br />XMTP Discord - https://discord.com/invite/xmtp Coinbase Announcement - https://xmtp.org/blog/coinbasewallet<br />Converse App X - https://twitter.com/converseapp_ TIMESTAMPS:<br />00:00 - Intros<br />01:45 - Facebook, Email, and connecting with stranger driving acquisition by Blackberry<br />03:10 - Creating form factor messaging experiences in crypto<br />06:30 - Identities, Messaging, and Privacy – A demo of Coinbase Wallet<br />09:00 - Selectively disclosing and the analogy to Apple’s “hide me email”<br />13:30 - UX, intuitive design and more user experience into Web3<br />16:30 - P2P messaging infrastructure of XMTP and owning your messages<br />18:50 - The lifecycle of a message in XMTP<br />23:20 - Breaking the shackles of Web2 walled gardens<br />25:00 - Web3 brings in new models outside of “Value is Data”<br />27:28 - A world where no one knows XMTP exists and any wallet address can communicate<br />29:30 - Marketplace and network dynamics – the network has a lesser take rate than the app<br />31:05 - What drives revenue and growth?<br />35:00 - Wallets are just managements of various types of identity and being chain agnostic<br />36:31 - Universal inbox, spam prevention, filtering - Converse App example<br />42:40 - Onboarding into web3 was painful but it’s getting easier<br />44:55 - Coinbase Wallet partnership and messaging as the heart of the universe<br />46:44 - Focus and roadmap ahead<br />47:50 - Is what you do hard? Drawing from past experiences