Home » Cryptocurrency and Airbnb Had a Baby: SF’s ‘House of Web3’

Cryptocurrency and Airbnb Had a Baby: SF’s ‘House of Web3’

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Stepping into House of Web3, the new cryptocurrency clubhouse in San Francisco’s Presidio, is like entering a posh Airbnb listing in Joshua Tree.

Hmm. For $40, nothing beats the scent of Aesop hand soap.

What is web3? Online websites and apps built on top of cryptocurrencies and blockchain technologyIts proponents say that because blockchain is decentralized, web3 technology allows content creators to unknowingly protect their content rights when creating content on the web giants like TikTok and Instagram. It says you will be able to own your own content instead of signing it.

The House of Web3, which opened Thursday, is the brainchild of cryptocurrency company Edge & Node. With about 60 remote employees, the company emphasizes that House of Web3 is not a coworking space, but a “co-creation space” where web3 residents can work on projects together. Edge & Node came up with the idea because during Covid, company leaders said their employees were craving face-to-face collaboration, even though they were running a company that enabled digital connectivity. That’s when I realized that

House of Web3’s décor is solid millennial chic, with rattan lampshades, soft, neutral pillows and poufs, and typographic artwork with words like “Love” and “This is Art.” Boho design is no accident. Noelle Becker Moreno of Edge & Node, who designed House of Web3, previously worked for vacation rental giant Airbnb and helped determine her design requirements for interiors in the luxury “Airbnb Plus” category.

House of Web3, interior of Presidio’s “Collaboration” space. | | Camille Cohen / The Standard

“We wanted people to say, ‘I feel like I’m breathing better,'” Moreno said.

The company says it’s still figuring out how membership will work and will need an application that demonstrates its contribution to the web3 ecosystem. Members can bring collaborators into the space and use its facilities, including a 150-seat auditorium and video recording studio.Membership could come in the form of his blockchain-based NFT. I have. NFTs, or non-fungible tokenis a digital bit that can represent ownership of something in the real world, such as membership in the House of Web3.

But wait, haven’t all the crypto people left San Francisco for Miami? San Francisco used to be the center of crypto. Ethereum founder Vitalik Buterin had some of his coding sparks at the Presidio, and Silk Road operator and notorious darknet drug lord Ross Ulbricht Arrested at the San Francisco Public Library. but Miami seized the cryptocurrency throne From San Francisco Between Covid and Crypto Entrepreneurs Sci-fi hate turned into a sport.

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After all, not everyone left. About 75 mostly male crypto entrepreneurs gathered for Thursday’s House of Web3 opening party, drinking champagne and eating pork.

Edge & Node says it still believes in San Francisco and wants House of Web3 to be a reason to come to San Francisco.

Rodrigo Coelho, Chief of Staff at Edge & Node, said: “I would like to say that online interaction is everything, but you can build in-person relationships and friendships. We want this to be a place where people can come and collaborate.”

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