Point Labs Releases Full Roadmap to Web3

(Link to afloat roadmap here: roadmap.pointnetwork.io)

With “web 3.0” abruptly upgrading from an obscure country of probe to a blistery taxable of mainstream speech and a important portion of the 2020-s zeitgeist, much and much questions originate astir the quality of the beast. Is “Web3” going to enactment a vague and undefinable term, oregon does it person a precise definition?

Besides meanings that became obsolete years ago, similar ‘Semantic Web,’ what’s adding to the disorder are each the projects describing themselves arsenic “decentralized” applications (dApps) oregon “web3”, giving the content that web3 is already present and alive.

Yet, arsenic we know, specified projects inactive trust heavy connected web2 components: utilizing centralized domains that tin beryllium taken distant astatine immoderate infinitesimal oregon compromised, centralized retention that is censorable and transparent to wide surveillance, and browser extensions similar Metamask oregon Phantom that Google tin disable astatine immoderate time, which would instantly permission 99% of the users of “decentralized” applications helplessly confused astir however to entree them. BadgerDAO, a DeFi task hacked for $120M due to the fact that of centralized UI, shows wherefore this “Web 2.5” attack is successful the incorrect direction.

World’s First Full Web3 Architecture

To close this, Point Labs began moving connected recreating each components of the aged net with their decentralized implementations. Instead of clinging to existing web2 scaffolding, the resulting network, nicknamed Point Network, is simply a virtual abstraction wholly disconnected from the aged internet, conscionable similar blockchains are, which tin present beryllium called Web 3.0.

Point Network architecture consists of decentralized domains (.point) which unrecorded connected the blockchain, decentralized retention connected Arweave, decentralized identities, and different tools that assistance span the spread betwixt Web 2.5 and afloat Web 3.

When you unfastened Point Browser, determination is nary transportation to facebook.com, google.com, oregon immoderate IP addresses from the aged net (if you effort to unfastened a web2 link, you volition beryllium redirected to your mean browser). Instead, Point Network forces the developers to usage lone decentralized components to deploy their dApps, ensuring censorship-resistance, information integrity, information availability, privacy, and enhanced security.

“The Roadmap to Web3”

This combination, founders insist, is the astir straightforward explanation of Web 3.0: a long-standing imagination of exertion enthusiasts to person a wholly decentralized internet, escaped of censorship, wide surveillance, and empowering nonstop ownership of information and audiences, without Big Tech intermediaries taking their chopped and asserting dictatorship-like control. But however acold are we from achieving this?

Point Labs produced their archetypal prototype a twelvemonth ago, bootstrapping its improvement with their ain funds. Then, successful October 2021, they presented the archetypal alpha mentation connected Solana Ignition Hackathon, which placed them connected the Honorary Mentions database and led to raising their Seed and A rounds by task superior firms, including notable names specified arsenic Arweave, Petrock Capital and Solar Eco Fund, and led by Sino Global+FTX fund, which funded a 2nd alpha version, which is present much functional and easier to use.

This week, Point Labs presented their roadmap. And it’s not conscionable a emblematic ribbon-shaped artifact connected a landing page. Instead, they made it into a full Trello-like website, which is hosted connected roadmap.pointnetwork.io, called “The Roadmap to Web3 ” and is often updated. It features 2 zones: the main zone, presenting the infrastructure required for decentralized net and is astir done, and the dApp zone, listing usage cases and imaginable decentralized applications for erstwhile the main portion is acceptable and operational.

The Megaround

Because it is hard for 1 institution to make each dozens of dApps required for the afloat Web 3.0 experience, the existent plans are to person 1 past backstage VC circular dubbed ‘The Megaround’ earlier the nationalist motorboat astatine the extremity of May, to supply grants to funny teams and founders to incentivize gathering web3 apps connected Point Network. After that, the plans are to motorboat the mainnet beta by June 1.

As the involvement successful web3 grows, determination volition decidedly look a fewer projects moving for the grant of becoming the aureate standard. Is Point Network connected the mode to beryllium 1 of them? It seems we’re conscionable a fewer months distant from uncovering out.

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Resources to larn more:

• Roadmap to Web3: https://roadmap.pointnetwork.io
• Website: https://pointnetwork.io
• Telegram community: https://t.me/pointnetworkchat

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