On Nov. 11, NFT Steez, a bi-weekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with Thomas Webb, the founder of the interoperable avatar game Worldwide Webb, to discuss the integration of interoperability in Web3 and the Metaverse. Interoperability is a Web3 feature that allows a product to seamlessly work across platforms with other services or products. Webb defines interoperability simply as “creating a token— a nonfungible token (NFT)” since, at its most basic level, no one can control it besides the creator.But how does interoperability function presently in Web3, and what is its potential impact? Executing interoperability the “right” way When discussing how interoperable applications can create a profound impact, Webb described the creativity he has seen from NFT communities and brands.Whether it comes from “creating a product, creating ideas, or creating experiences,” Webb believes that enabling the creation of intellectual property (IP) allows users to display their loyalty and in other ways, their achievement.Interoperability also seems to function in tandem with token-gated experiences, according to Webb. The token allows users to access authentic experiences and gives them access to perks and events. Related: NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3Interoperability applications across sectors “Interoperability could be the backbone of everything,” stated Webb when asked about the sectors interoperability could seep into. Webb believes that transparency and data-driven platforms will lead to more collaboration and engagement among tech companies. Ultimately, Webb believes that e-commerce, creative experiences and even concepts like identity and self-sovereignty will be impacted by the concept of interoperability.However, even with interoperability as a cornerstone of Web3, Webb did express the inevitability of risk and challenges associated with creating a standard that suits all countries. Webb said that the presence centrally controlled regulatory bodies could hinder experimentation as well as growth. To hear more, listen to the full episode. Also, mark your calendar to catch the next episode on December 2nd at 12pm EST. You should always do your research before making any investment or trading move.

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