Opinion
Web3 Promises to Put the Internet into the Hands of the People. Don't Believe the Hype.
— March 29, 2022

By Scott Galloway
By Scott Galloway
Web3 promoters would say it's a new version of the internet that is owned by users and builders and powered by tokens or crypto. Unlike Web2 -- the current web, which is dominated by centralized platforms, including Google, Apple, and Facebook -- they claim Web3 will use blockchain, crypto and NFTs to take the power away from Big Tech and transfer it back to the internet community.
If that sounds like bulls**t, trust your instincts.
Read the full CNN article.
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Scott Galloway is a Professor of Marketing at NYU Stern.