Chris Dixon and Packy McCormick on the Future of Crypto

In 2022, it will become clear to more people what many in the web3 world already know; the best way to rein in big tech companies is through competition, not regulation.

The real story is that NFTs are a key building block for a new wave of web3 services that radically alter the economics of the Internet, redistributing value and control from tech giants back to users, developers, and small firms.

Ethereum enabled the creation of tokens - software based units of value that grants users ownership rights and even revenue streams.