WEB3 and some words to Hive

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Lately, I see a lot of News about WEB3. Not only in crypto. Also in the financial space.

In general, I would say that's really good. But if you read the articles, there are more questions than answers.

We on Hive have a really different ( more clear) view on web3 than other people/investors/groups.

For us, WEB3 = you own everything. You own your assets, your content, whatever you do with your wallet. It is your History.

But the narrative shifts away from that if we read some general WEB3 articles out of the financial world or Smart contract community.

For them, WEB3 = financial transactions. The Internet of money. That's all. ( sure there are some NFT based stuff too, but mostly DEFI).

That brings me back to what I write a long time ago. Hive needs to brand WEB3. Because it is simply better in 90% of all WEB3 use cases.

Only the DEFI stuff and financial stuff ( based on smart contracts) Hive lagging behind. And sure, the SMT thing would be also not bad to have in place.

Back to the general mass, the idea of web3 is not mature, it feels like we are a decade ahead of everyone. The tech here is superior, with the problem, nobody understands it.

They see it, but don't understand it.

It is possible a lot of people ( new money) come in for web3. But I don't think it will flow in large amounts into Hive.

It will flow into casino projects, Rug pulls defis and worthless Art Nfts. And I'm 100% sure, the no utility art NFTs will mostly lose 99% in value very quickly. It inflated way too much.

Every week some new worthless arts pop up.

Real WEB3 needs infrastructure that is fully decentralized.

I have looked into a lot of projects. IMO non of them will be WEB3 in a long run.

ETH is outdated and ultra-expensive. I remember early Uniswap days ( i don't use it at this time), a swap cost 5$.

Today it is on the cheap side 150$. Sometimes way more.

That cant is WEB3. Also, ETH is not decentralized. Other chains have the same problem.

Expensive and centralized.

IMO Hive can fix it,

but people want to be the first.

I don't think avg degen accept ( because hive is really transparent), some early stakeholders can vote for 100$+ or even more.

It feels for them Unfair.

Rewards on Content bring always the point back " is this worth that much". I don't think the mass is ready for

"it is worth, what it's worth". That's it. No quality Internet police, no magic.

Remember the Influencer we burn on St**m and Hive?

Yeah because those people think there are special.

They have the opinion, we need to hear them. Some are arrogant, some are stupid.

What happens here? Yup the community starts to hammer them.

Also a reason we never become viral in the past. But that's organic and natural.

WEB2 makes people braindead idiots.

No critics, no painful comments. All easy and everyone feels good. That's not reality.

And this will be the Endboss for WEB3 success. It is a race against brainwashing WEB2.

Because, sadly, avg human doesn't want the truth, they want to feel good.

And I really don't know, we can give them the same user experience on that point like WEB2.

WEB2 has a working cycle for money and their content creators that spread the " feel good".

Do you have critical content? Demonetized.

Conclusion - What is WEB3?

That's the question. Is it the Hive vision or is it the Internet of money thing?

Is it maybe both?

I Think the Internet of money will be the term for WEB3 in long term.

To go one step ahead, I think Hive is WEB4, which will become at some point in the future. With more updates, more infrastructure, and more utility.

Hive at the endgame, if successful, would fix the interactions from Humans on the Internet. Thats a way bigger thing than some Smart contracts. It has also a way bigger potential to Fail.

WEB2 needs to become ultra politically correct, so nobody gets ever offended and everyone loses fun, to build the road for web3.

WEB2 is building the road, but it will need way more time than we are expecting here.



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8 comments
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Thanks for this post. I learned a lot!

Hive needs to brand WEB3

Great idea and I will Tweet this more often!

Back to the general mass, the idea of web3 is not mature, it feels like we are a decade ahead of everyone. The tech here is superior, with the problem, nobody understands it.

They see it, but don't understand it.

Posted Using LeoFinance Beta

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Nah it‘s web3 at best, not even sure if it is already. We still need and use all the oldschool UI Tools and Apps Stores as well as infrastructure. Maybe getting the decentralized routing and naming systems up too is the fist end station 🚉 before it’s even web3.

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Nah it‘s web3 at best, not even sure if it is already. We still need and use all the oldschool UI Tools and Apps Stores as well as infrastructure. Maybe getting the decentralized routing and naming systems up too is the fist end station 🚉 before it’s even web3.

My Profile should be on Manniman.Web3.Hive , that would be a start, but I can make that happen myself, at least that's what he said.

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IMO web3 is too complex for the average internet user. It will need more time and a slow transition.

Maybe web2 will build a bridge.

Another idea would be to " import account data" from existing web2 profiles.

We will see, it will be IMO a marathon.

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95% of the Basic User will go for UX over Sense, will be interesting to see how the decentralized hivemind will solve that situation.

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