I was going to post about this today. I wonder what people know about Web 3.0. I better hurry and ask because this afternoon, I saw that Twitter's Jack Dorsey was building Web 5.0? Who knows>
What I see is a lot of companies getting on board. Mastercard, Apple Pay? These a huge names.
Also clothing companies, etc. getting into, "the metaverse" or web 3 or next generation or whatever it is.
I do think NFTs will become a new standard for everything... authentication of goods but also the new e-ticket and such.
I don't know very much about this so if you so, please pardon my ignorance. I am legit trying to learn.
What do you know about Web 3.0? Is it good? Bad? Are you sure? I am not sure, I just think we're going to end up there, in either case.
I only have a pedestrian "understanding". But here goes. This is really a Pluto in Aquarius thing. It takes the trend of democratization of information made possible with the initial internet to the next level.Do you remember how the the possibilities of the internet were discussed in the beginning? Individuals would be able to produce their own content and products and get it directly to the consumer.
The rise of the corporate platforms interupted that. Now the behemoth platforms such as Youtube,Facebook,Spotify and SubStack dominate the space. They are built with the content of individual creators and centralize/hoard all the data.
3.0 will decentralize that and allow creators to monetize their content better and get a more commesurate reward. 3.0 is based on the blockchain technology and AI trying to build out the whole internet with open protocols in a permissionless space. Sounds very Aquarian to me
I lean towards it being a good thing because it looks like and end run around corporate domination of content and data.
The infrastructure to support it is still being built out.I think we are still a few years out for it all to get connected. They have started coming out with crypto enabled browsers with wallets etc. I imagine content would be found through vehicles like the NFT marketplaces like OpenSea. You will have to pay a fee to enter the marketplace, I'm sure.
@jana thanks! I have to mull this. The bit above is the only thing I can address in the moment.
I know there is a Layer2 marketplace now being built. As I understand it, you have to have a large number of their tokens (Loopring) in order the open... like your own mall? Or maybe ebay on blockchain?
If you have a "mall", you can allow whoever, to sell in your space. You can also sell your stuff, independently. It's much better than OpenSea because of the MUCH lower fees.
So that's one thing. But what if you're a little independent store?
What I am trying to discern, is who will rule SEARCH? As everyone knows, one search engine has profound control over what you can see and not see on the internet.
All I know about search is that being anonymous, permissionless and on a distributed network of computers. It disrupts the flow of data attached to you. This disruption means they can't capture it to feed into the algorithms. Do you think that will help you?
I hope this will be the answer. It would be the astro world's great loss if you are forced out like this.
(((Elsa))) I'm sorry about that. I know your husband has had his own health challenges of late on top of it all.