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by sdn90
1654 days ago
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The criticism of catering to early adopters and whales is a bit weird to me. How is this different than any project that receives funding? What's the ideal solution for this? Personally, I'm curious to see a project like Mastodon or Peertube fund itself using a token. I don't think those projects will ever get any meaningful use aside a few nerds and outcasts that got booted off of Web2 properties. You'll probably get speculators in it purely for profit, but to me it sounds better than the alternatives. |
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Agreed. Most of the people criticizing Web3 are underestimating the power introducing token incentives will have. "Ordinary people" just don't care enough about decentralization of data for projects like Mastodon to take off otherwise. They've been around for a while, and they're not competing with Big Tech. A Web3 platform that rewards successful content creators natively with a token and not hearts/likes might though.