Too Long; Didn't Read
Jack Dorsey’s new company, TBD, recently announced its intent to create “web5” It explained it as “a new evolution of the Web that enables decentralized apps and protocols” The idea is to sum the best of both web2 and web3 to create a new digital paradigm, getting us to a total of 5. The core principles are not inherently wrong: Web3 is far from decentralised. But I can’t help but shake the image of TBD working to rid us of platforms… by creating another platform.