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Crypto and NFTs Dominate the Headlines, but Smart Money Bets on Web3

2 years ago thenewstack.io
Crypto and NFTs Dominate the Headlines, but Smart Money Bets on Web3

Summary: This is a summary of an article originally published by The New Stack. Read the full original article here →

https://flur.ee/ Chatter abounds today that the promise of Web3 has failed, https://www.businessinsider.com/web3-blockchain-crypto-internet-doomed-fail-doesnt-live-up-hype-2022-3or ultimately will fail. Others identify nonfungible tokens (NFTs) as https://www.theguardian.com/commentisfree/2021/may/29/non-fungible-tokens-digital-fad-planet-nfts-artists-fossil-fuels, which fall short of their promise to secure ownership of unique digital assets.

Today, we categorize “Web3 companies” in a fell swoop.

All companies are internet companies today.

Today, third-party apps are brokers of a significant amount of data — operating as a liaison between companies and individuals.

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