Most of the criticisms of web3, tokens, crypto, blockchain etc miss one important thing: how founders make money! The mindshare goes this direction because the

Most of the criticisms of web3, tokens, crypto, blockchain etc miss one important thing: how founders make money! The mindshare goes this direction because the project lifecycle is faster. That’s it. Overhead costs are lower, institutional validation requirements are nonexistent, the infrastructure requirements are minimal (frontend only, and even thats a maybe) - sure you could have used a database but now you dont even need one and your users pay to write to the database (blockchain) you do use! - the monetization paths are more lucrative, more liquid and instant, and your pedigree, geographic location or network doesnt matter to do any of this. thats why this is going to keep happening. tech sector is fast, this tech sector is faster. there’s no competition as far as fields go right now. just continuing working for your exploitative ad conglomerate while imagining you are doing something more important and dont worry about everyone else. thats where we are at right now.