whatisweb3

20 ms·

1. 181.▲
   by whatisweb3 4y ago

   The statement always takes the form: there are no use cases that aren’t better solved by (some centralized company). The goal of crypto is to avoid that last part, and solve some of these problems without the need to place trust and lock va
2. 182.▲
   by whatisweb3 4y ago

   Why does Uniswap need to replace all of our exchanges within a two year timespan in order to be seen as useful, novel, and interesting tech? When was the last time you applied this standard to the rest of our technology? HN can admit that T
3. 183.▲
   by whatisweb3 4y ago

   There is plenty of NFT art that does take advantage of on chain royalties. Art Basel is happening now and features a lot of NFTs.
4. 184.▲
   by whatisweb3 4y ago

   NFT royalties often relate to resale, not media access. But in some web3 platforms, sales and revenue could be directed automatically to creators through smart contract functionality.
5. 185.▲
   by whatisweb3 4y ago

   Blockchain solves the double spend problem here, without reliance on a central clearing house.
6. 186.▲
   by whatisweb3 4y ago

   The basic premise of web3 is decentralization of value transfer and digital ownership . Examples of value transfer : payments, swapping assets, escrow, auctions, crowdfunds. Examples of digital ownership : limited-edition art ownership