News flash: The crypto and blockchain crowd have rebranded to web3. They probably thought it sounded better and didn’t want all the baggage that hundreds of scam ICOs, STOs and skirted securities laws brought with the term blockchain. In a way, it was a bit like Facebook changing its name to Meta. Crypto’s biggest players...
It would be hard to think of worse system for incentivizing founders than the one used by many of today’s top ICOs. As an angel investor and startup advisor, I have seen the how the venture world works and think blockchain is building itself on a house of cards. It isn’t a question of if,...
“We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.” “We tend to overestimate the impact of technology in the short term and underestimate it in the long term” — Roy Amara The human hype cycle People are short-sighted, we don’t want to miss out on the...