'Web3 is Like Piracy and That's a Good Thing' by tprstly web3 oct_network
tells the tale of Captain Mission and his pirates, who established a utopian republic on the island of Madagascar. They called it “Libertalia,” where societies would be based on the ideals of liberty, equality, and fraternity.
But in the end, even pirates understood that true freedom still required governance amongst themselves and Web3 will undoubtedly follow suit — it’s the missing piece right now across the entire industry in fact. There are echoes of the same democratic and economic ideals of liberty, self-governance, and community. Pirates understood how to be successful at it and while Web3 ignores the lessons from 400 years ago, with a little tweaking perhaps it can be just as successful but also resist losing itself completely to authority.said Steve Jobs.They were both right just not in the way they imagined because these are applicable to where Web3 is heading.
On the surface, pirates are just like the pioneers of Web3. Aside from the obvious negative connotations of robbery and plunder their ideas of democracy and equality were truly ahead of time.Pirates had a code, just as Web3 organizations via smart contracts have code, and that code is law. “To cooperate for mutual gain — indeed, to advance their criminal organization at all — pirates needed to prevent their outlaw society from degenerating into bedlam.”See, pirates needed order and structure and even Web3 Degens need to avoid the descent into chaos themselves.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Blockacchaino: Starbucks to Release NFTs That Unlock Exclusive Perks — and Embrace Web3 | CoinMarketCapBlockacchaino? ☕️ NF (cup of) T? 🫖 Starbucks is going to release NFTs that unlock access to exclusive perks 🚀 The coffee chain has also confirmed it plans to build an immersive Web3 experience 🥰
Read more »
California Governor Newsom Signs Executive Order on Crypto, Blockchain, and Web3 – Regulation Bitcoin NewsCalifornia’s governor has signed an executive order on crypto and blockchain to create a comprehensive framework for web3 tech to thrive. cryptocurrency bitcoin $BTC
Read more »
A Decentralized Layer for Web3 Gaming | HackerNoonHow the Internet Computer promises to serve as a decentralized, scalable layer for Web3 and blockchain-based gaming.
Read more »
Why Composability Matters For Web3 | HackerNoonComposability, built on open-source technology, is key to unlocking value for developers and users in Web3 by making software that can be used between platforms
Read more »
A new Google Cloud team is building services for Web3 developers | EngadgetGoogle wants to be the first choice for hosting blockchain apps..
Read more »
New Zealand VC Launches $5 Million Web3 and Crypto-Focused Fund – Finance Bitcoin NewsNawaz Ahmed's work grants GD1 a vital platform to test the fund's 'thesis around the concept of permissionless innovation that web3 is built on.' permissionless
Read more »