Web3 has largely failed, and we should talk about it There’s an elephant in the room. In the space of just a few months, NFT PFPs have vanished from Twitter, .eth usernames have fallen out of vogue, and a whole category of social media celebrities has vanished. The tech world went from frothing at the… Continue reading Growth incentives – web3’s failure
Author: @credistick
Metaverse – Reinventing the wheel
Earlier this week, web3 Studios released their ‘Digital Identities Report‘, sharing a variety of opinions and predictions on the future of identity and social interaction in a ‘metaverse’ environment. There is more than fifteen years worth of fascinating sociological research on virtual worlds and digital identity. You would not know that from reading this report.… Continue reading Metaverse – Reinventing the wheel
Ticketing – the model for consumer tokens
I’ve been labelled a ‘Web3 skeptic’. If you’ve read any of my other content here, you’re probably just confused about how I feel. So, let me clarify: Much of the capital that has been poured into Web3, to date, has been wasted. Too many get-rich-quick schemes and half-baked ideas. We need to do better. Specifically… Continue reading Ticketing – the model for consumer tokens
Virtual Worlds – a social, not technological, phenomenon
To begin, a quote from Tom Boellstorff, Professor of Anthropology at UC Irvine: The metaverse’s history indicates that social immersion is the metaverse’s foundation. Tom Boellstorff Tom is a bona fide expert in virtual worlds, and I recommend reading the whole article.1 Through his work, he has spent a tremendous amount of time in Second… Continue reading Virtual Worlds – a social, not technological, phenomenon