Hacker News new | ask | show | jobs
by paulgb 1677 days ago
I'm also bummed by the centralization and corporatization of the web. What web3 projects should I be looking at? What stands out as promising?

Because when I look, I just see things that look like grifts, platforms that eschew centralized moderation and become spammy cesspools, or projects that actually aren't decentralized but co-opt the web3 name. But I'm open-minded, if there are things I'm missing.
2 comments
iskander 1677 days ago
It's legit very hard to sift through the scamminess of the space, I've been thinking of it as the cost of revolutionary potential: exponentially more people rush in to profit off "being early".

I would say start with web3 science folks like https://twitter.com/joshuaforman and https://twitter.com/eperlste who have a vision for the utility of DAOs for positive social impact that's unlinked from personal profit.

link
stanleydrew 1677 days ago
If I read something from the folks with vision for the utility of DAOs, will they explain why a DAO is meaningfully different from a traditional corporation for whatever purpose they are imagining?
link
iskander 1677 days ago
To really act meaningfully in the world outside crypto, DAOs needed to be wedded to LLCs so they can participate in the legal system.

But...the DAO governance structure allows very low friction, high transparency coordination between pseudononymous strangers on the internet.

The DAO is the "real" manifestation of the collective will of a bunch of people, the corporate shell is just going to perform whatever actions the DAO votes on.

link
streamofdigits 1677 days ago
forget web3. basically we are in a situation where lots of people, smart, tech savvy people, stupid band wagon people, well meaning people, me-too people, go-with-the-next-big-thing people, all made a wrong bet that the particular set of algorithmic technologies and protocols that bitcoin spawned are a generic blueprint for a new decentralized digital infrastructure.

it aint.

the choice is not between web3 and meta-dystopia. The choice is between people owning and running their own hardware and software versus being granted that "privilege" by some digital overlords.

link