Will Web3 succeed, or is it just a scam? — Derev Blog

“Web3 is nothing more than a smart marketing angle for existing tech”

These are two of the most prevalent arguments around Web3 from either side of the aisle.

And both sides usually end with some version of “ and you’re an idiot if you disagree.”

These sort of rage bait pieces are all well and good in marketing. They’ve been used for centuries to get people to read, open, and talk about the publication or author.

Publish one controversial opinion and watch the clicks roll in.

Check back in a day or two and see a half dozen opinion pieces that link back to you with a congratulatory or confrontational message.

Regardless of the reactionary pieces, you’ve accomplished your goal of getting people to speak about you and your thoughts.

The problem we have right now with Web3 is that there are some very believable arguments — both for and against — being created from influential people.

And it’s confusing people.

Those for Web3 are pointing towards the already accomplished financial enablement that’s helped individual creators generate more than they ever could when relying on centralised platforms.

https://twitter.com/sibeleth/status/1481383750017630209

Those against Web3 point toward the chief cheerleaders and how they have a majority control of key assets and gates into…