'Now Is the Time to Make Sure Web3 Doesn’t Just Become Web2 with NFTS' web3 octopusnetwork
of Goldman Sachs-backed Circle and it’s clear that centralized traditional finance is already fully on board with crypto.Certainly, Web3 optimists can look at the boom in DeFi over the past few years and point to the obvious increase in the adoption of peer-to-peer lending and borrowing outside of traditional banks as a key achievement.
Monopolies thrived, throttling smaller companies. Bullies shouted down disagreeing viewpoints, stalking and threatening dissenters. And why should anyone expect Spotify or YouTube or Getty Images or any other content licensing & monetization platform to do nothing while a decentralized version of its marketplace forms and drains away their customers and artists? Just as video game makersare realizing that they can make their own interoperable NFT products that can be ported between games without needing ImmutableX or anyone else, we should expect that other platforms ripe for NFT disruption will likewise discover that...
The point is that non-crypto dollars and people will flock to existing marketplaces and products with followings. So it’s important to support projects that are decentralized before the gates fly open and everyone just ends up in Facebook3 because that’s where everyone else seemed to be.Yes, I am submitting this article to the Octopus Network writing contest – which is why I first heard about this project .
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