Recruiting users and developers, business, and media organizations to help them grow.
At the top, their relationship with the network changes - Positive-sum ⇒ zero-sum - Eventually competing with former partners to continue growing - E.g., Microsoft vs. Netscape, Google vs. Yelp
Users have to give up their data and privacy due to centralized platforms, just to end up being disappointed.
Web3 & Decentralization
Users and builders can own pieces of internet services through tokens
Tokens help align participants to work together toward a common goal.
This fixes the main issue of centralized networks where one company starts fighting their own users and partners for growth after gaining success.
NFTs give users the ability to own assets on decentralized infrastructure (ie. Ethereum)
ETH is a fungible token that powers Ethereum and a native currency used for NFT purchases.
Blockchains are not managed by one person, anyone can do it!
Instead of having to choose between the limited functionality of Web1 or the corporate centralized model of Web2, Web 3 combines the best aspects through shared ownership.
Sources
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