Can Web3 help me be more true to my values? How such a marvel could have been imagined in the first place, let alone built, sustained, and nurtured for so long to a thriving ecosystem for over two decades (we now have not just Wikipedia but Wikimedia) has always struck me as something almost inexplicable in our deeply capitalistic society and economy, where, if you can’t monetize it, it will die.Īnd yet, I must confess that I have not donated once to this marvel that I have admired since the very first time I started using it in early 2001, even when I am asked to donate. Here we have a website whose content is created by everyone but owned by no one, where no central overseer runs the show, and where value is delivered for free and for everybody. David Shuttleworth, DeFi economist at ConsenSys, agreed and noted that the Packers example “represents the potential of fractionalized ownership, which could be achieved through an NFT system.” Wikipedia: The Ultimate Web3 Example?īut it was Zenobia Godschalk, founder of ZAG Communications and SVP at Swirlds Labs, whose mission is to drive adoption of the Hedera distributed public ledger for decentralized applications, who brought things home to me by pointing to what I have always believed to be nothing short of a miracle in the shining hills of the Web landscape: Wikipedia. Manuel Urrego, head of product at Viker, pointed to The NFL’s Green Bay Packers, the only sports team that is owned by their fans. Related Article: What Will Web3 Really Be About: Part 1 Web3: Separation of Money and State?Īsked what they thought about William Gibson's famous saying about the future already being here with us now in the context of Web3, several experts that I spoke with agreed and provided some insightful and interesting examples and observations.ĭrew Riester, Blockchain engineer at ARRIVANT, made the wonderfully surprising observation that we are witnessing the emergence of “a separation of Money and State,” and added that, if successful, such a separation might “be as important as the separation of Church and State that Martin Luther began in 1512.” are inherently skeptical of things like blockchain, Web3, all these concepts that sound very nebulous at first…” that there is actually validity in this particular way to look at systems." This, she noted, works “even within a university environment where a lot of people. it's actually quite easy to use that specific evidence to convince them. Olivia Baker, Tech Editor and Director of Web3 Innovation Fellowship, also at Identity Review, noted on her part that, "if you peel away the muck and you really give facts. “But when I share a lot of the stories of what it was like years ago when the very earliest Web3 companies were starting,” she added, “I think they see a lot of parallels with when the Internet first started around individual rights, scalability, privacy, thinking about user rights." "Folks are turned off by the hype and the noise,” Shannon Wu, co-founder at Identity Review, told me in a Zoom interview. Part 1, What Will Web3 Really Be About: Part 1, published earlier this month. My surprise is clearly a reflection of the overall skeptical Zeitgeist over the whole Web3 project, absorbed even by someone like me who comes to Web3 with a sympathetic disposition.Įditor's note: This is the second in a two-part series looking into the future of Web3. What was surprising to me about the Web3 experts and practitioners that I spoke with is how allergic they all were to speaking in inflated terms.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |