The web3 and blockchain space has become saturated
Posted: Sat Dec 14, 2024 7:17 am
In a very short time, especially with superficial explanations and false promises, many of which are causing serious consequences in society (we will expand on this point later).
The promise of huge profits in a very short time always works to attract the worst in society. It has also served to cause a lot of harm to well-intentioned people who have not been sufficiently israel girls whatsapp number informed. The dangers have been magnified by the emergence and rapid popularity of NFTs , which are very useful and valuable tools but, at the moment, very poorly promoted and have served as a means to scam and deceive.
So, taking advantage of the collapse in cryptocurrency prices and the most recent crisis of confidence on the part of the general public, I think it is worth explaining, as objectively as I can afford, what web3 is and what it is not .
This article was inspired by an opinion piece by Scott Galloway published earlier this year . A critic of today’s big digital monopolies, Prof. Galloway has decided to “clear the air” of the smoke that suffocates this space.
Warning : During the first few minutes of this article, I inevitably go into the more negative details of web3 and blockchain. However, I ask you to continue reading as there are many good things to say .
What is web3
Web3 is not a technology, but a concept that seeks to represent the evolution of the Internet and give us context about where we are and where we are going.
The promise of huge profits in a very short time always works to attract the worst in society. It has also served to cause a lot of harm to well-intentioned people who have not been sufficiently israel girls whatsapp number informed. The dangers have been magnified by the emergence and rapid popularity of NFTs , which are very useful and valuable tools but, at the moment, very poorly promoted and have served as a means to scam and deceive.
So, taking advantage of the collapse in cryptocurrency prices and the most recent crisis of confidence on the part of the general public, I think it is worth explaining, as objectively as I can afford, what web3 is and what it is not .
This article was inspired by an opinion piece by Scott Galloway published earlier this year . A critic of today’s big digital monopolies, Prof. Galloway has decided to “clear the air” of the smoke that suffocates this space.
Warning : During the first few minutes of this article, I inevitably go into the more negative details of web3 and blockchain. However, I ask you to continue reading as there are many good things to say .
What is web3
Web3 is not a technology, but a concept that seeks to represent the evolution of the Internet and give us context about where we are and where we are going.