Web3: Why ‘the next generation of the internet’ is worrying a lot of software developers

  • People with cryptocurrency are trying to bring more people in, with claims of a better internet – which are false – so they can exit and get liquidity.
  • Companies like Rolex spend a lot of money on enforcement to get rid of counterfeits because counterfeits remove the willingness for people to play to pay the high price for an original.
  • Plus, even if you’re Rolex and you see people making counterfeit NFTs, you can’t do anything about it.


a16z Is Gaslighting Us (2022 State of Crypto Report)

The US military is building its own metaverse. And it’s nothing like Meta’s