Q2'20 Review: The emerging trends and narratives in Web3

Recognizing long term trends in technology is vital for developers, product creators, and of course, investors. Web3 is a broad multi-decadal that encompasses various technologies including, crypto, VR/AR, IoT, and more. As time passes, the nuances and breakdowns of these trends become more defined and actionable. While some trends may take years to play out, others are becoming clear across areas like blockchain infrastructure, data, and gaming.

Trend 1: The rise of blockchain querying

Data is at the heart of blockchain networks. But there’s a catch, it’s a pain to access without technical know-how. Over the past quarter, the crypto community has witnessed increased usage of blockchain querying tools and services aimed at solving this problem.

Some of the most frequented query sources include The Graph, Dune Analytics, Scout, BigChainDB, and Google BigQuery.

Making raw blockchain data easily accessible is a painstaking task that requires ingesting, analyzing, and indexing data.

Dune Analytics provides a community interface that enables users to share and fork existing queries and dashboards. Conversely, Scout offers its own dashboards but has paired with Unlock protocol to monetize its dashboards. Unlock protocol enables users to pay for a specific piece of content or app and it’s exciting to see crypto projects dogfooding new ways of monetization.