As we’ve been keeping an eye on new blockchain projects over the past year, we’ve noticed a strange trend. Failed or unsuccessful individuals and companies are trying to reinvent their image, and that has something to do with Web3’s still vague idea.
No need to search hard for news that “I forgot that person/company/project existed.”Suddenly burst through the wall with the wasted energy of the Kool-Aid Man and said they were back. And this time they have a truly “paradigm-changing” project (or Weird al once said that. Our Proven Methodology”).
At first I think they will laugh and get kicked out of the building. After all, who would think working with the guys who single-handedly built and tore down WeWork would be a good investment? Will they guess? The odd thing about these projects is that they seem to have at least some support from users and investors in the blockchain community.
It may sound silly for investors to think of taking advice from the wolves of Wall Street, but the Web3 project is inherently attractive to investment firms. Whether it’s carbon credits or pharmaceuticals, it’s already monetized. Who cares if it’s the globally despised “Pharma Bro” that’s pushing?
How far cryptocurrency investment will go is an open question. Recent research from Pew Research Center The average person’s investment in cryptocurrencies has shown stagnation since last year. That does not mean that there are no large crypto companies. traditional technology company Pour millions of dollars into the scene.
Seeing a dollar sign is one thing. In fact, using blockchain technology to create utilities is something else, and so far we haven’t seen much of anything deemed useful from these once-disgraced businesses and businessmen. I did.