A Web3 version of LinkedIn will be launched in 2024? If nothing is said yet, it’s still the 11th blockchain and crypto innovation offered to builders by Brian Armstrong, CEO of crypto exchange Coinbase. According to the manager, who seems to be strongly anticipating the next market recovery, it’s time for construction. In a tweet which expresses all his enthusiasm, the crypto manager details the implementation of decentralized LinkedIn which will revolutionize the world of crypto employment.
In short
- Brian Armstrong, CEO of Coinbase, offers a Web3 version of LinkedIn integrating NFTs for digital identity.
- Armstrong invites developers to create a user-friendly “front end” and integrate features like business email verification.
- The proposal has already received more than 150 applications.
A Web3 version of LinkedIn integrating NFTs representing digital identity
While X and Coinbase have just joined forces to reinvent the landscape of job opportunities, the CEO of the crypto exchange addresses developers whom he invites to participate in the construction of a decentralized version of LinkedIn.
In his publication which totaled nearly 400,000 views in a few hours, Armstrong proposes the creation of a Web3 version of LinkedIn. He suggests that this new version be integrated with SoulBound tokens, which are non-transferable digital identity tokens.
According to Armstrong, the issuance of these NFTs representing digital identity will allow companies to verify the identity information of their employees as well as their professional qualification on the network. This innovation promises to revolutionize the job market. And if you’re a freelancer registered on LinkedIn, now might be the time to look into how Web3 can help freelancers.
Armstrong recommends “creating a user-friendly front-end” for employees and employers. It also suggests the integration of other features such as the ability for employers to build employee networks through work email verification.
More than 150 applications registered today
Armstrong’s proposal relating to the creation of a Web3 version of LinkedIn integrating NFTs is added to 10 innovative concepts proposed on August 30 by Armstrong to developers.
Based on blockchain and crypto technologies, these include, among others, the concepts of decentralized stablecoins following the inflation curve, on-chain reputation, on-chain ICO, confidentiality for Layer 2 solutions, and also the creation of jobs paid exclusively in crypto to streamline international payment processes.
For Armstrong, these innovations could revolutionize the crypto universe in the aftermath of the bear market. Very well received, its publication has already provoked the sending of more than 150 project applications.
With this era of innovation seemingly dawning for the crypto and blockchain sectors, let’s hope that Coinbase wins its war against the SEC and settles the regulatory issue once and for all.
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