Conversation

Has there has ever been a technology more devoid of actual applications while getting as much funding as web3? Web in 99 was mostly clear utility stories. Some weren’t ready, some were. Nobody can explain how web3 shit creates actual utility. Just mumbling about new tech.
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It’s overhyped for sure but I do think there are clear problems it solves. Example: Web2 Version of Airbnb - Pay to play platform with high transaction costs & control over inventory. Web 3 Version - Hosts own their listings as NFTs. Lower fees & users can resell reservations.
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