Who Really Owns Web3by@ras
545 reads
545 reads

Who Really Owns Web3

by Ras Vasilisin2mJanuary 21st, 2022
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

The new buzzword “Web3” has recently jumped into the public’s mind. It includes the belief in democratization of the internet where decentralized protocols and tokens will be core features of a new system. The debate boils down to the main question: Is ownership of Web3 decentralized? In the legacy Web2 world, only two stakeholders, the team and large funds end up owning all equity. In contrast, most Web2 companies are owned by large, centralized Wall Street firms like Vanguard or BlackRock.

Company Mentioned

Mention Thumbnail

Coin Mentioned

Mention Thumbnail
featured image - Who Really Owns Web3
Ras Vasilisin HackerNoon profile picture
Ras Vasilisin

Ras Vasilisin

@ras

Bitcoiner and CEO @Virtuse

About @ras
LEARN MORE ABOUT @RAS'S
EXPERTISE AND PLACE ON THE INTERNET.
L O A D I N G
. . . comments & more!

About Author

Ras Vasilisin HackerNoon profile picture
Ras Vasilisin@ras
Bitcoiner and CEO @Virtuse

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite