# Open marketplaces will be the defining theme of web3

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2021-06-09
- **Theme:** Crypto & DePIN — https://www.gregosuri.com/predictions/crypto-depin/
- **Source:** Future of Web 3 and the Battle for Data Sovereignty with Greg Osuri, CEO of Akash Networks (Orchid Labs)
- **Watch at:** 00:33:29 — https://www.youtube.com/watch?v=i2AE257OCMA&t=2009s
- **Canonical:** https://www.gregosuri.com/predictions/crypto-depin/2021-06-09-open-marketplaces-will-be-the-defining-theme-of-we-vwj3/
- **Cite as:** Greg Osuri, "Open marketplaces will be the defining theme of web3," Future of Web 3 and the Battle for Data Sovereignty with Greg Osuri, CEO of Akash Networks (Orchid Labs), 9 Jun 2021, 00:33:29. https://www.youtube.com/watch?v=i2AE257OCMA&t=2009s

## Quote — verbatim

> I think a big part of innovation is going to be in open marketplaces... exchanging goods and services in an open way, in a transparent way. I think that's going to be the theme... I see no reason why any application — any marketplace today — should be closed. Marketplace by definition should be open and free.

## Context — site annotation, not spoken

Asked how web3 changes the internet; he predicts a web1-to-web2-scale transformation and notes every cloud component (DNS, bandwidth, compute, storage, keys) is decentralizing.