Is Web3 useful for anything? These platforms say yes

NFTs, DeFi, DAOs, dApps, various metaverses… The web seems to be in turmoil. Beneath the substrate that already reveals and promises blockchain technologyEthereum and all the push the crypto ecosystem has had for a few years now, the term Web3 is gaining ground since last year to start being on the lips of everyone interested in technology.

The promise, a distributed Internet, freer and less controlled which overcomes the barriers of what we could until now consider as web 2.0: that of the internet of social networks and content created by the user but without power for the user. If at the moment Web3 is something relatively distant for you, here we explain its proposals in depth.

However, as with all changes, Difficult to glimpse the tangible that is actually offered. And also, of course, those who took advantage of FOMO before something that promises to change everything emerged. Scams seem to be the order of the day in what still looks a lot like some sort of digital Wild West.

However, there are already a large number of projects with faces and eyes which, under the family name Web3, are beginning to launch certain proposals using blockchain technology. Some, like the ENS domains, have already gained significant visibility. However, they are looking to fix issues that have arisen in their own ecosystem (in their case, making wallet addresses more accessible). In the following lines we will see some examples of some proposals that attempt to lead to the supposed ground that web3 promises current needs, such as web infrastructure, content creation, or file storage. We have excluded some that might make more noise and all those defined in the DeFi environment or what are too insistently called DAOs without giving too much evidence.

Unsurprisingly, developer Molly White, who has become a voice of interest in this new ecosystem due to the scams she exposed on her blog web3 is doing greatcommented in a recent interview with fast business categorically that “My overwhelming impression is that most projects calling themselves DAO are neither distributed nor self-containedand the ones that try to be have been organized by people who have thought a lot about how such an organization might work in theory, but have little practical experience with such organizations.