3 items tagged “web3”
DAOs are, I think, one of the best illustrations of the problem with a lot of these Web3 projects: They are trying to find technological solutions that will somehow codify very complex social structures. A lot of them also seem to operate under the assumption that everyone is acting in good faith, and that project members’ interests will generally align—a baffling assumption given the amount of bad actors in the crypto space.
Many Web3 boosters see themselves as disruptors, but “tokenize all the things” is nothing if not an obedient continuation of “market-ize all the things”, the campaign started in the 1970s, hugely successful, ongoing. I think the World Wide Web was the real rupture — “Where … is the money?”—which Web 2.0 smoothed over and Web3 now attempts to seal totally.
Les Orchard: “Web 3.0 will have Galactica-style angled corners.” (via) Here’s hoping. # 15th February 2007, 10:35 pm