FAQ About Web3

Can Web3 really decentralize the internet? Web3
2 years ago | gizem

Can Web3 really decentralize the internet?

It's possible that getting regulated to compete against big tech companies, or to make those companies more accountable for mistakes, could make the internet better. In this context, a decentralized network is a tangible plus.

For artists, musicians, and other creators, it's also possible that a direct-consumer relationship is actually better than, for example, Spotify, which has been criticized for not paying artists enough. Similar issues exist with Instagram and Reddit, both hubs where artwork is shared without attribution or payment to the artist, or TikTok, where black creators do not receive royalties for their dances.