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.
By definition, interoperability is a feature of Web3 whereby a product or system can work seamlessly across platforms with other products or services. 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. In essence, users can get closer to authentic experiences by using the token they hold as an access pass to attend events and receive perks.
This integration enables brands to cross-collaborate, reach their users and create a proliferation of value, or as Webb says, infinite value.
Interoperability applications across sectors
Interoperability could be the backbone of everything, stated Webb when asked about the sectors interoperability could seep into.
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