Totally disagree. The way data is stored on a public database-a blockchain, instead of in a company database is changing how finance works, and it will inevitably change how all internet commerce works. It's just that Web3 is still in its early stages, maybe like 1994. Crypto, the pioneer of Web3, is running a bit faster, maybe like 1999. Wait another 2 years, and “Yahoo” will come out, then everyone shall understand that Web3 is Web3. Many of the failed attempts in Web3 now will become valuable experience and soil for future great Web3 products. Eg: we also telling Web3 project teams that token-first may not work; you must first have a sustainable business model. Web3 to business is just like Bitcoin to finance! We will see.

Lily Liu
@calilyliu
02-05
Blockchains have always been and always will be tech for finance. Their core purpose is financialization.
That’s why architecting a chain to protect unification of liquidity is more important than practically anything else.
I am happy the misadventures around things like gaming
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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