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I’d say that 95% or more is just scam. People like Sam Bankman Fried. They are all gone or dying now more or less. The strong and real businesses with profits a

I’d say that 95% or more is just scam. People like Sam Bankman Fried. They are all gone or dying now more or less. The strong and real businesses with profits and sustainable revenue models are still up and running. There are quite a few examples. Specifically in web3 (within the blockchain and crypto sphere): https://www.coinbase.com/web3/dapps/swappin-gifts https://www.coinbase.com/web3/dapps/swappin-gifts is a real world utility web3 dapp. Maybe the first and only one today..

throwoutway 3y ago
> Overall ranking#495 > Ranking in Swap#125 > No ratings Sounds like a random dapp to push... Are you the author or related to swapping-gifts?
- sushidev 3y ago
  I’m from this sphere. I checked a lot of dapps and when dapps even work, most of the time it’s either gambling, or something completely of no value in the real world. Therefore my comment.
alphager 3y ago
Swappin.gifts is a dApp that allows users to purchase from a selection of thousands of different gift cards using thousands of different crypto currencies over several blockchains. Built on web3, swappin.gifts acts as a new and transformative off-ramp solution. So it's a website that exchanges crypto tokens to overpriced gift cards. Why does this need web3? This could be 3 PHP files on a VPS.
- sushidev 3y ago
  Why anything at all needs to be web3. You have to ask yourself this question. It’s quite a deep rabbit hole - you have to understand some economics and governance in macro in order to see the value. The other way to see the value is if you are unbanked - like a large percentage of the world. If you are in this group, then blockchain technology (and crypto) is a life changer.
  - troupo 3y ago
    > It’s quite a deep rabbit hole - you have to understand some economics and governance in macro in order to see the value. T Demagoguery instead of a direct answer about the actual business > The other way to see the value is if you are unbanked - like a large percentage of the world Crypto does literally nothing for the unbanked. Zilch. Nada. Zero. It's a playgorund for rich westerners.
    - sushidev 3y ago
      He asked: “why this needs to be web3?” Most people, even these that work in the sphere don’t know the answer to this question. If you want to know about the business then check their website. If you want to discuss crypto at large then as I said in my comment, you gotta understand the foundations and not just have an opinion.
- ryan_lane 3y ago
  Also, that looks like money laundering...
- kosolam 3y ago
  Op was about web3 startups, not about why web3 is relevant. I actually use swappin.gifts occasionally to buy Apple, Amazon. It’s very convenient for people that already hold crypto and want to use it.

throwoutway 3y ago

> Overall ranking#495 > Ranking in Swap#125 > No ratings Sounds like a random dapp to push... Are you the author or related to swapping-gifts?

sushidev 3y ago
I’m from this sphere. I checked a lot of dapps and when dapps even work, most of the time it’s either gambling, or something completely of no value in the real world. Therefore my comment.

alphager 3y ago

Swappin.gifts is a dApp that allows users to purchase from a selection of thousands of different gift cards using thousands of different crypto currencies over several blockchains. Built on web3, swappin.gifts acts as a new and transformative off-ramp solution. So it's a website that exchanges crypto tokens to overpriced gift cards. Why does this need web3? This could be 3 PHP files on a VPS.

sushidev 3y ago
Why anything at all needs to be web3. You have to ask yourself this question. It’s quite a deep rabbit hole - you have to understand some economics and governance in macro in order to see the value. The other way to see the value is if you are unbanked - like a large percentage of the world. If you are in this group, then blockchain technology (and crypto) is a life changer.
- troupo 3y ago
  > It’s quite a deep rabbit hole - you have to understand some economics and governance in macro in order to see the value. T Demagoguery instead of a direct answer about the actual business > The other way to see the value is if you are unbanked - like a large percentage of the world Crypto does literally nothing for the unbanked. Zilch. Nada. Zero. It's a playgorund for rich westerners.
  - sushidev 3y ago
    He asked: “why this needs to be web3?” Most people, even these that work in the sphere don’t know the answer to this question. If you want to know about the business then check their website. If you want to discuss crypto at large then as I said in my comment, you gotta understand the foundations and not just have an opinion.
ryan_lane 3y ago
Also, that looks like money laundering...
kosolam 3y ago
Op was about web3 startups, not about why web3 is relevant. I actually use swappin.gifts occasionally to buy Apple, Amazon. It’s very convenient for people that already hold crypto and want to use it.