How is this Web3 scam still a thing? I thought I would finally stop hearing it after the crash but it just keeps coming back. The only people who will get rich from this are the scammers themselves.
Mastodon and fediverse is more web3 than web2 (lest I’ve misunderstood). The problem has been shitty implementation.
I.e In reality, nothing is more valuable than the ground work it stands on. So just because it’s an NFT doesn’t mean it should’ve been worth anything. It has to provide meaning and value to the consumer. Like if all of steam would put their marketplace on a blockchain, those items would still be just as valuable as before. The value comes from the item implementation, not the “storage” technology
How is this Web3 scam still a thing? I thought I would finally stop hearing it after the crash but it just keeps coming back. The only people who will get rich from this are the scammers themselves.
Mastodon and fediverse is more web3 than web2 (lest I’ve misunderstood). The problem has been shitty implementation.
I.e In reality, nothing is more valuable than the ground work it stands on. So just because it’s an NFT doesn’t mean it should’ve been worth anything. It has to provide meaning and value to the consumer. Like if all of steam would put their marketplace on a blockchain, those items would still be just as valuable as before. The value comes from the item implementation, not the “storage” technology