This isn't specific to web3 but more crypto but the idea of having an integrated method of collecting royalties on resale of an item indefinitely is pretty exciting.
That said, the hype seems a little bit overblown. When people are so focused on "overthrowing Big Tech" as to why web3 will be the next wave, it just seems like hype over substance.
I forgot what the name of it was, but I tried to sign up to some web3 social media site. In order to even post, you had to drop $80 on the relevant crypto to post on the site. I understand the justification but that made me immediately just lost interest in the web3 space. Seems kinda like a pyramid scheme. The people who are already in get richer while the newcomers just get magic beans.
That said, the hype seems a little bit overblown. When people are so focused on "overthrowing Big Tech" as to why web3 will be the next wave, it just seems like hype over substance.
I forgot what the name of it was, but I tried to sign up to some web3 social media site. In order to even post, you had to drop $80 on the relevant crypto to post on the site. I understand the justification but that made me immediately just lost interest in the web3 space. Seems kinda like a pyramid scheme. The people who are already in get richer while the newcomers just get magic beans.