Tekelala

What about the disadvantages of DAOs?We’ve been talking about how DAOs are the bomb and all of that? But are they really the shit? What could possibly go wrong with the DAO?DAOs could be vulnerable to bugs. Although rare, if they are hacked the consequences can be catastrophic.There are no business secrets. Since everything on the smart contract is... See more

Today, this revolutionary spirit is still what animates the web3 space. It attracts Founders, developers, and users to exciting new projects, the main ones being in NFTs, DeFi, DAOs, and Web3 Games.But believing that all of web3 should be revolutionary is a logical fallacy. It proposes a false dichotomy: one way or the other, take it or leave it.... See more

PFPPFP is an abbreviation for ‘picture for proof’ or commonly known as a profile picture. NFT PFPs as of now are only commonly used within Twitter. Other social media platforms are planning to adopt NFT PFPs into their application.

SocialBy owning a social NFT, it gives holders the benefits including joining online and in-person social gatherings.

“When you have a technology in search of a use, you end up with the crap that we see out there in the enterprise today.”

We are in the first wave of web3 games. Right now, we’re seeing many of them focused on play-to-earn. They’re mostly about the money instead of prioritizing fun and engaging gameplay. If web3 gaming remains tuned in this way – focused on those looking to earn rather than play – then we fear it will never be mainstream and many projects will fail.

Community means a lot of things to a lot of people. Whether it’s your local running group, a book club, your gym squad, family, or membership in an exclusive club, belonging to something is meaningful. Our identities, while obviously unique to us, are so shaped by the influence and power of community that it remains a biologically human need to... See more

The difference between Web2 and Web3 businesses, is that Web3 businesses are open-sourced. Simply imagine Uber operating openly – anyone who wants to, is able to see all the transactions in its network. There’s no proprietary secret hidden to defend itself from competitors (or even hackers). It’s all up to the community & its network, to cooperate

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