2022-07-26
A list of (supposed) web3 benefits
https://reb00ted.org/tech/20220726-web3-benefits/
I’ve been collecting a list of the supposed benefits of web3, to understand how the term is used these days. Might as well post what I found:
- better, fairer internet
- wrest back power from a small number of centralized institutions
- participate on a level playing field
- control what data a platform receives
- all data (incl. identities) is self-sovereign and secure
- high-quality information flows
- creators benefit
- reduced inefficiencies
- fewer intermediaries
- transparency
- personalization
- better marketing
- capture value from virtual items
- no censorship (content, finance etc)
- democratized content creation
- crypto-verified information correctness
- privacy
- decentralization
- composability
- collaboration
- human-centered
- permissionless
Some of this is clearly aspirational, perhaps on the other side of likely. Also not exactly what I would say if asked. But nevertheless an interesting list.