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News 2 years ago

Web 3 and NFT can solve the lack of ownership of the Internet

On November 9th, a16z partner Chris Dixon tweeted that lack of real ownership and dependence on advertising are the original sins of the Internet. Now finally there is a tool to solve this problem, this tool is Web 3 and NFT.

Chris Dixon thinks. Nowadays, certain types of Web 2 websites and apps have fallen into the death spiral of availability/monetization.

These websites and apps rely on advertisements and make money through lower display billing standards. The motivation is to add more intrusive advertisements to increase click-through rates. However, the result of introducing more intrusive advertisements will lead to a decline in user experience, which in turn leads to a decrease in traffic.

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