With many crypto startups, there’s an elephant-in-the-room question: “Why does this need to be crypto?” Many web3 companies don’t, in fact, need to be built on web3, and the current iteration of Mad Realities is no different. In theory, Proof of Love could be stitched together with a Kickstarter and a group chat.

NFTs offer the promise of scarcity and authenticity for digital goods. NFTs aren’t the only way to create scarcity and authenticity online — trusted, centralized entities such as banks (and platforms such as Twitter and Apple) do it within their verticals, and blockchain tech is evolving to address myriad environmental and security concerns. So the... See more

Blockchain technologies have somehow managed to land in the worst of both worlds—decentralized but not really, immutable but not really.If someone steals your ape JPEG, if you’re lucky, OpenSea might delist it and make it much harder for them to turn a profit on it. But you still won’t get your JPEG back, or have the opportunity to cash out on it y... See more