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Home > The Bitcoin Podcast > Shane Mac of XMTP | The Power of Web3 Messaging
Podcast: The Bitcoin Podcast
Episode:

Shane Mac of XMTP | The Power of Web3 Messaging
Category: Technology
Duration: 00:51:16
Publish Date: 2023-08-23 14:00:00
Description:

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:
Shane’s background in the messaging space and his journey into Web3
Technical goals of XMTP and how to drive network effects without the cold start problem
Recent developments of XMTP including launching with Coinbase Wallet
How XMTP Web3 messaging works

JOIN THE COMMUNITY
TBP Twitter: https://twitter.com/thebtcpodcast
Hashing it Out Discord: https://discord.gg/eCwSWRyzam

RESOURCES:
Shane X - https://twitter.com/ShaneMac
XMTP Website - https://xmtp.org/
XMTP X - https://twitter.com/xmtp_
XMTP Discord - https://discord.com/invite/xmtp

Coinbase Announcement - https://xmtp.org/blog/coinbasewallet
Converse App X - https://twitter.com/converseapp_

TIMESTAMPS:
00:00 - Intros
01:45 - Facebook, Email, and connecting with stranger driving acquisition by Blackberry
03:10 - Creating form factor messaging experiences in crypto
06:30 - Identities, Messaging, and Privacy – A demo of Coinbase Wallet
09:00 - Selectively disclosing and the analogy to Apple’s “hide me email”
13:30 - UX, intuitive design and more user experience into Web3
16:30 - P2P messaging infrastructure of XMTP and owning your messages
18:50 - The lifecycle of a message in XMTP
23:20 - Breaking the shackles of Web2 walled gardens
25:00 - Web3 brings in new models outside of “Value is Data”
27:28 - A world where no one knows XMTP exists and any wallet address can communicate
29:30 - Marketplace and network dynamics – the network has a lesser take rate than the app
31:05 - What drives revenue and growth?
35:00 - Wallets are just managements of various types of identity and being chain agnostic
36:31 - Universal inbox, spam prevention, filtering - Converse App example
42:40 - Onboarding into web3 was painful but it’s getting easier
44:55 - Coinbase Wallet partnership and messaging as the heart of the universe
46:44 - Focus and roadmap ahead
47:50 - Is what you do hard? Drawing from past experiences
Total Play: 0