On-Chain Meritocracy

Reputation still plays a minuscule role in obtaining access to opportunities, and most access is still gated by one’s wallet value and ability to get in early.

In web3, the promise is that a user can retain ownership and control over their data. The dominant narrative goes: “The gatekeepers of web2 have taken your data and used it against you! Now it’s time to fight back!” Such argument from web3 enthusiasts is met with A LOT of resistance as data effectively becomes a currency that can be leveraged by a ... See more