The End of Web3 by @ttunguz

Web2 was a rebuilding period. Entrepreneurs started to realize you could do more things instead of being just read-only. 

Web1: the web was read-only. Web2: the web was read and write. 

Web3 is an opportunity to own a piece of the internet. 

Governance in the metaverse: who should control it? Having one company control it is not the

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Given the history of why web1 became web2, what seems strange to me about web3 is that technologies like ethereum have been built with many of the same implicit trappings as web1. To make these technologies usable, the space is consolidating around… platforms. Again. People who will run servers for you, and iterate on the new functionality that eme... See more