Ask HN: Is Web3 real or marketing hype?
Will it be a huge evolutionary step in the internet, end up being a disarray of technologies that creates further complications, or some other outcome?
Take the example of a singer.
v1: "I'm an aspiring singer."
"Oh cool. What experience do you have?"
"So far I've played at home & family gatherings..." (<- not real)
v2: "I'm an aspiring singer."
"What experience do you have?"
"I have a 10 million dollar contract with Interscope." (<- real)
By that standard, one of the reasons that web3 is 'real' is because so much money has been poured into it.
At this point, there are enough highly skilled (Google-quality) engineers, working on web3 things, who are funded for years, that real profit-earning web3 companies will result.
So web3 will end being judged a success, on its own terms, purely because of that.
Take the same example of a singer.
v1: "I'm an aspiring singer."
"So far I've played at home & family gatherings..." (<- not real)
v2: "I'm an aspiring singer."
"I have 10 million monthly listeners on Spotify" (<- real)
By that standard, web3 is not 'real'. Not enough people care.
Don't get me wrong, those that care seem to *really* care, but I do not see a future were people will give up the social concept of ownership (which seems like the only thing any web3 project is revolving around) and let some racing computers make that decision for them.
And let's be honest here, even if I'm completely wrong about this, this technology is not even close to being worth to the amount of money thrown at it right now.
So their 'worst nightmare' of Web 3 is becoming more real everytime it is talked about. If you believe it is a fad or a hype, just ignore it.
We all know it won't be the last time we will discuss about it (again) and the same people will come here and comment and talk about it once again.
You know. I can guarantee that for most, it is getting more difficult to ignore this to the point that questions like this pop up every now and then.
So their 'worst nightmare' is becoming more real everytime it is talked about. If you believe it is a fad or a hype, just ignore it.
We all know it won't be the last time we will discuss about it (again) and the same people will come here and comment and talk about it once again.So web3 is more tree0
Web3 is introducing new ways in which we will use the internet. Existing technologies and platforms will remain as is IMO, it just represents a new phase of application development on the internet. By that definition it will allow a lot of new players to build the companies that will be the FAANGs of the next decade or so.