Web2>web3 dead ?
Right now, I see web3 as mainly memecoins with a hint of tokenization, which hasn't been able to touch the lives of regular users. It’s mostly what developers are doing with Ethereum and Solana smart contracts. Limited scope. Now, all experimental skunkworks efforts have coalesced to a singular point - AI. instead of pursuing 5 crazy ideas at once, all their money is going towards LLMs and etc, AI basically cut in line and got early access to adoption, whereas web3 was too focused on cypherpunk ideals until it was too late lol. Now it’s js filled with grifters who have no idea how to do anything but eat of retards. (Web3 = shitty version of Web2) just less user friendly.
It relies solely on attention which is the main reason it’s collapsing, doesn’t produce anything & then when the attention is maxed out it becomes useless. Look at bitcoin…everyone said “once bitcoin becomes mainstream the price will blow up” which it did & if anything the price is collapsing bcs there’s nothing to work towards now (attention-maxxed and fell off) + using blockchains to decentralize the web was just another attempt to shove them in somewhere.
There’s almost no external value creation left.
The actual technology frontier moved on. the highest IQ builders and smart money are in AI, robotics, defense... solving actual real world problems. Everyone left behind in crypto is just coping. VCs cant even raise a dime and the whole industry is just exhausted.
The only way forward is to stop trying to force everything to be “onchain” and the tokenization of actual businesses building valuable things not another pointless governance token or L2.
Well I’m happy to say the market is finally aligning with reality.
The choice is becoming clearer every month.
Web2>web3 dead ?
Right now, I see web3 as mainly memecoins with a hint of tokenization, which hasn't been able to touch the lives of regular users. It’s mostly what developers are doing with Ethereum and Solana smart contracts. Limited scope. Now, all experimental skunkworks efforts have coalesced to a singular point - AI. instead of pursuing 5 crazy ideas at once, all their money is going towards LLMs and etc, AI basically cut in line and got early access to adoption, whereas web3 was too focused on cypherpunk ideals until it was too late lol. Now it’s js filled with grifters who have no idea how to do anything but eat of retards. (Web3 = shitty version of Web2) just less user friendly.
It relies solely on attention which is the main reason it’s collapsing, doesn’t produce anything & then when the attention is maxed out it becomes useless. Look at bitcoin…everyone said “once bitcoin becomes mainstream the price will blow up” which it did & if anything the price is collapsing bcs there’s nothing to work towards now (attention-maxxed and fell off) + using blockchains to decentralize the web was just another attempt to shove them in somewhere.
There’s almost no external value creation left.
The actual technology frontier moved on. the highest IQ builders and smart money are in AI, robotics, defense... solving actual real world problems. Everyone left behind in crypto is just coping. VCs cant even raise a dime and the whole industry is just exhausted.
The only way forward is to stop trying to force everything to be “onchain” and the tokenization of actual businesses building valuable things not another pointless governance token or L2.
Well I’m happy to say the market is finally aligning with reality.
The choice is becoming clearer every month.
@crypbrain It’s a shitty way to learn a lesson bruh but you’re still young so you can bounce back! It’s not the end of the world better to learn it now than later in life. Next time you up some money save it! Keep your head up bruh
Pretty positive on kled if these data contracts keep on coming and users keep uploading like crazy.
buybacks scaling + streetfdn giving token holders real equity upside when it moves, if it all lines up this thing is hitting 1b.
One of the cleanest setups on sol rn.
park it and let it cook boys @useKled