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Jon Randy πŸŽ–οΈ
Jon Randy πŸŽ–οΈ

Posted on • Updated on

The Problems with Web3 and NFTs

Okay, so this may seem like a lazy post since it is essentially reposting the content of others - but I think this stuff is so important that it's worth spreading the message.

If you are considering getting involved with Web3 (as it relates to blockchain), NFTs, or other stuff like this - whether just as a participant, or as a developer... please consider watching or reading one or both of these extremely well researched pieces.

A great, long read - https://tante.cc/2021/12/17/the-third-web/

An excellent (again, long) video - over 2 hours:

Further Reading

Full disclosure

I do personally own some crypto (worth a non-trivial amount), but I was given it for free as part of a previous job's remuneration package.

Top comments (6)

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jonrandy profile image
Jon Randy πŸŽ–οΈ

Dear god. They're minting colours as NFTs now 🀦 ...

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jamesthomson profile image
James Thomson

This in itself just proves how ridiculous NFTs are right now.

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jamesthomson profile image
James Thomson

Sums up the state of things nicely

madness

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calag4n profile image
calag4n

πŸ˜…

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johnkazer profile image
John Kazer

I love the idea of being able to represent and trade anything with arbitrary definition of value (not just financial $ price). NFTs are a great idea. However the current craze is just that and eventually folk will realise that this is just a tool and that they've been one too.

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calag4n profile image
calag4n

Very interesting thanks for sharing it.