“Web3 Is Going Just Great” Creator On Why It Isn’t
In mid-2021, the term “Web3” suddenly exploded into the public consciousness. As people scrambled to figure out what it was—cryptocurrencies? blockchain? nonfungible tokens?—venture capital firms were pouring money into new startups, over US $30 billion before the year was out. Meanwhile, Molly White, a software engineer, started reading up on…