web3 is going great
January 18, 2022 4:31 AM Subscribe
web3isgoinggreat.com is a schadenfreude filled timeline curated by Molly White that collects the grift, scams, hacks, and "rug-pulls" that seem to define the cryptocurrency ecosystem. She's also written about how blockchain-based systems are not what they say they are and that after more than a decade, it's not still early days for these projects. Extra bonus reading, Paul Butler's "Play-to-earn" and Bullshit Jobs, which explores the dismal grinding of the web3/NFT based games through the lens of Graeber's thesis about useless work, Nicolas Weaver's "The Web3 Fraud", which illustrates how web3 will still need all the same infrastructure since there is no actual decentralization there, and Natalie Weizenbaum's deeply disappointing list of otherwise decent people who are issuing NFTs.
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