What are the benefits of Web3?
Web3 is an excellent opportunity for anyone to build on top of other projects since they are open source. Unlike Web 2.0, Web3 allows every part of an application to be interconnected and reused. It makes it possible to create innovative new projects with real value by leveraging existing projects. Blockchain technology differs from today’s system because it is secure and tamperproof; data cannot be changed or hacked. Ethereum and other blockchains offer a trusted platform with fully encrypted data and unbreakable rules. Users’ data will no longer be under the control of Apple, Google, or similar. No government or entity will be able to kill services and sites, and no individual will be able to control the identities of others.
Does the Web3 ecosystem lack anything?
I can judge this mainly from the point of view of a UX designer and being a user myself. Web3 could be more transparent and more user-friendly.
The majority of people need to understand how it can benefit their lives.
For designers, the challenge is to hide the complexity of Web3 products and focus on what matters to the user. The future will be shaped by whoever solves this issue.
If we repackage what we have learned in Web2 and apply those principles integratively, we will be a step closer to our goals. Since Web 3 is rooted in a technical environment, we tend to need to remember to explain how certain things work or make our explanations too technical. A solution to create a better user experience is better writing. In a great user experience, a product tells a story and connects emotionally with the user. We can achieve this goal through simple but effective animations or by leveraging everyday human language. It’s essential to always keep in mind that we’re designing for humans, not robots. To improve the Web3 experience, I avoid jargon as much as possible and use terms that people are already familiar with.
Aside from that, Web 3 hurts the environment at the current efficiency level, but that’s another story.
What’s your current work, and what attracted you to Web3?
I got hyped by the media and friends like most people. Crypto mining was first mentioned to me by some tech-savvy friends in 2017. There is a story about a friend of a friend making a fortune trading crypto. The suitable investments have hindered my ability to retire early. Most importantly, I continued buying hyped coins, too. I had to study more about crypto. Previously, I worked at a South Korean IoT company (Sesame Labs) that experimented with crypto-encrypted intelligent locks. As a result, I became more interested in Web3. As a hipster UX designer, I had to be one of the first to try this. My excitement grew when I contacted Request. Currently, I’m working on expanding the toolset of Request. A salary feature, escrow function, expenses feature, and automated invoicing streaming feature have been added to the existing invoicing feature.
What do you enjoy most about your work and the challenges involved?
I appreciate generally working with a devoted group and spearheading another industry together. I learn new things consistently and get the distinction of working with splendid and fun individuals.
It’s additionally difficult to adjust to new difficulties. There are generally hindrances to work around, and halfway, I want to rehash UX-related undertakings to adjust to Web3. Since finance manages touchy information, leading convenience tests are strict. Considering the singular’s requirements for wallets, tokens, and organizations is critical while settling on a decision. The test is to track down arrangements that fit individual necessities while likewise keeping Solicitations vital for most clients. Furthermore, our clients’ information base reaches from novice to master. We are making various pools of clients relying upon what sort of test we need to run.
Regarding product design, what separates someone competent from someone exceptional?
This question makes me consider two books that have greatly helped me. The first is “Crossing the chasm” by Geoffrey A. Moore, who discusses scaling an organization while changing by various interest groups. The other one is “Don’t make me think” by Steve Krug, which shows making natural and client-driven items.
If you take the way of thinking of both of these books genuinely, you are on the most effective way to turning into an excellent item fashioner. On the off chance that you are amped up for what you are doing, you are on the ideal way to being remarkable.
Furthermore, you need to know an entire bundle of stuff about item plans simply overall, and you ought to be a decent cooperative person and a decent communicator… Looking at this logically, I surmise there is no short response or equation to becoming remarkable.
How will Web3 look 5 years from now?
Web3 has a highly brilliant future. There are various energizing tasks and advancements in progress that will make this innovation easier to use. There will be significantly more advancement throughout the following five years, changing how we use the web. In the following couple of years, the advanced cash will be utilized in imaginative ways, which could fundamentally affect the existence of many individuals. Using smart contracts is highly beneficial in removing external influence and claims. Web3 is used for everything from digital currency trading to anything that involves blockchain tech. During the following couple of years, Web3 will most likely gain tremendous headway toward being accessible to all. The development of these plans is accelerating as more individuals become educated about them.
Hello! I’m Michael Alexander Holker
I’m a UX leader, system thinker, product designer, experience strategist, and Web3 trailblazer. Currently working on the future of finance.
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