Technologist Yat Siu believes the "open metaverse" -- a decentralized version of the internet also known as web3 -- is laying the foundation for a freer, fairer, more prosperous society. In a future-focused talk, he explores the transformative possibilities of web3, from enabling digital ownership and the creator economy to providing a much-needed update to capitalism.

If you love watching TED Talks like this one, become a TED Member to support our mission of spreading ideas: https://ted.com/membership

Follow TED!
Twitter:   / tedtalks  
Instagram:   / ted  
Facebook:   / ted  
LinkedIn:   / ted-conferences  
TikTok:   / tedtoks  

The TED Talks channel features talks, performances and original series from the world's leading thinkers and doers. Subscribe to our channel for videos on Technology, Entertainment and Design — plus science, business, global issues, the arts and more. Visit https://TED.com to get our entire library of TED Talks, transcripts, translations, personalized talk recommendations and more.

Watch more: https://go.ted.com/yatsiu

   • The Dream of Digital Ownership, Power...  

TED's videos may be used for non-commercial purposes under a Creative Commons License, Attribution–Non Commercial–No Derivatives (or the CC BY – NC – ND 4.0 International) and in accordance with our TED Talks Usage Policy: https://www.ted.com/about/our-organiz.... For more information on using TED for commercial purposes (e.g. employee learning, in a film or online course), please submit a Media Request at https://media-requests.ted.com

#TED #TEDTalks #metaverse #web3