[michaelbrave]

I personally think web 3.0 is overhyped and almost anything involving NFTs are basically ponzi schemes. But the premise is decentralizing the web, which if it even partially delivers could in theory chip away a lot of most tech giants. Combined with regulation things could change.

[roguas]

Right now, I see there a 2 approaches. 1. crypto/blockchain - redo everything literally 2. federated services - such as mastodon, discord?... for the most part you have some identity within larger ecosystem, but you can easily run your private community

Question is if road further is a small shift in how services get constructed or complete rewrite in new ecosystem. People betting on web3 are doing wild bets. At the same time people betting on federated are doing very conservative bet on mental shift that is wild(since getting traction on federated is difficult - 98% of people have no real benefit).