IMHO, Web3 is still evolving and can be different things for different people. It’s like early 90s for internet, so truly exciting. Key challenge is to NOT end up with another set of Big Techs dominating Web3😅
For sure! Centralization is a big challenge, and it's why multi-chain architecture and the emerence of sound tokenomics is so exciting. For now though, need more liquidity providers (be it lenders or exchanges) to be decentralized as opposed to centralized. Harder to regulate/control if they're decentralized. We don't want another plutocracy!
IMHO, Web3 is still evolving and can be different things for different people. It’s like early 90s for internet, so truly exciting. Key challenge is to NOT end up with another set of Big Techs dominating Web3😅
For sure! Centralization is a big challenge, and it's why multi-chain architecture and the emerence of sound tokenomics is so exciting. For now though, need more liquidity providers (be it lenders or exchanges) to be decentralized as opposed to centralized. Harder to regulate/control if they're decentralized. We don't want another plutocracy!