Author: CryptoBeyer

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web3

Web3: The Marketplace of Human Experience

Web3: The Marketplace of Human Experience

The future we’re heading toward isn’t problem-free—it just accelerates us into new ones. We used to live in a world where some things just existed. A home was a place to live. A hobby was something you did for fun. A friendship was a connection, not a commodity. But somewhere along the way, that changed.

Airbnb turned homes into investments, and Instagram turned our lives into personal brands. Sorry, but LinkedIn turned networking into content marketing.

Now, we want Web3 to push this development even further.

In Web3, our attention is an asset. It’s scary, but mine and your reputation is an asset, and so are our relationships. Sure, our humanness has always been our most valuable asset in living, but now we are making this increasingly tradable.

Last week, I touched upon the issue that our soul seems to be getting tradable. Nothing just is anymore. Now, even our attention has a price.

Web3 was supposed to be different. It promised to break free from the systems of Web2, where tech giants profited from our data and behavior. But instead of dismantling the machine, we seem to just be rebuilding it—only this time, it’s decentralized. Now, instead of companies monetizing us, we’re doing it to ourselves.

I am not saying that monetization is inherently bad. Ownership, transparency, and financial autonomy are all much-needed shifts. The problem is when everything becomes an asset, when every interaction carries an economic weight. When engaging in a community isn’t about belonging but about speculation. When our online presence isn’t just an extension of who we are but a portfolio to be optimized.

As an author, I live and breathe the stressful and frankly demotivating effect of living in a world where art (writing) is supposed to be optimized for sales. In an era where everything is commodified, art for art’s sake isn’t a luxury—it’s essential to preserving our humanity. This shift extends beyond writing—musicians sell royalties as NFTs, DAOs monetize collaborative work, and even digital artists face pressure to tokenize their creativity. Web3 could empower creators, but will it free them or simply make them optimize even more?

When technology is designed primarily to serve capitalist structures, efficiency and profit take priority over our well-being. Algorithms push us to work more, hustle harder, and engage in an endless cycle of self-optimization. Rest becomes laziness. Hobbies become side hustles. Even social interactions are filtered through a lens of networking and opportunity.

We are running toward a world where value is no longer just about meaning, connection, or fulfillment—but about liquidity. About what can be bought, sold, staked, or flipped.

This isn’t just a Web3 problem—it’s a cultural one. If Web3 is truly to be a break from the past, it can’t just decentralize who profits—it must redefine what sound progress means. Perhaps there’s a way Web3 can shift the focus from pure monetization to sustainability, creativity, and genuine human connection.

I am sure we want to use technology to create a world beyond just decentralized hyper-financialization.

I don’t have to say that we all like profit. The question is: Are we doing our best to create tools for empowerment? Or just new ways to turn life itself into a marketplace?

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web3

Tokenized Everything: Are We Selling Our Souls to Web3?

Tokenized Everything: Are We Selling Our Souls to Web3?

Web3 was supposed to set us free. You know the gist! Decentralization, financial empowerment, ownership. All big words, big promises. The idea was simple: take back control from banks, tech giants, and middlemen who profit from our data and hard-earned money. But are we missing what is slowly happening? Web3 seems to be turning every aspect of our lives into an asset to be bought, sold, or speculated on. We need to be aware of the world we are creating.

It started with real estate. Platforms like Lofty allow anyone to buy fractions of rental properties, turning homeownership into a tradable token. Then Gucci and Louis Vuitton launched digital fashion NFTs that blur the line between collectible and commodity. At first, I thought this seemed relatively harmless. If anything, it was just an extension of what already existed in traditional markets.

But then, people started selling access to themselves. Influencers tokenized their time, offering personal video calls and direct messages in exchange for crypto and fiat. Some projects introduced “social tokens,” where buying a share of someone’s token gives you privileges, like an investment, but in a person instead of a company. Even engagement on social media has become monetized, with users rewarded in tokens simply for paying attention. Money, money, money…

At some point, we must ask: what’s left? If everything is tokenized, does anything have value beyond its price tag?

The idea that Web3 would create a new digital economy was always part of the plan. I hear asset tokenization is expected to reach $5 trillion by 2030. Traditional institutions are already exploring ways to integrate blockchain into finance, real estate, and healthcare. But as we rush to turn everything into a marketplace, it’s worth asking what kind of world we’re building. Are we creating a future of empowerment, or simply hyper-capitalism where every interaction has a price? To be frank, even likes on social media have turned into a transaction of value. If I like you, you like me.

Web3 promised us ownership, but it never quite defined what we should own. Really think about it. If we’re not careful, we might wake up in a world where everything is for sale—including the things that were never meant to be for sale. Don’t get me wrong. I am fascinated by Web3 technology and what it can bring to society. I’m even bullish on it.

But what is priceless in our world? I would say that our trust, our lives, and our souls should be priceless. How can we trust it’s genuine and not just profit-driven when we start tokenizing our (digital) lives, including our identity, values, and humanness? Put differently, would you trust me if every aspect of me was always on sale?

I do not have all the answers, but these questions need to be raised as we embrace Web3 technology. So, what do you think? Are we tokenizing a bright future or just putting a price tag on things that were once priceless?

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web3

How Web3 Can Rebuild Trust in a Distrustful World

How Web3 Can Rebuild Trust in a Distrustful World

Before the 18th century and the industrial revolution, trust was simple. A handshake, a promise, or even just a word was enough to seal agreements and build relationships. Communities prospered on mutual understanding, shared values, and unwritten social contracts. Nowadays, we rely on documentation and intermediaries to feel certainty in how we operate our society. What happened to us, and what led us to realize that the old ways weren’t working?

The short story is that the industrial revolutions created a more complex world, which required a new approach to trust.

When I think back to history, trust wasn’t always something we had to write down or verify through third parties. In smaller communities, accountability came naturally because everyone knew each other. If someone broke their word, the consequences were immediate and visible. However, as societies scaled and globalized, personal connections faded, and institutions—governments, banks, and corporations—stepped in to fill the space. The world turned digital, and technology companies stepped in to store our data and govern interactions, shaping public discourse.

Then we had the 2008 financial crash, and we suddenly realized how shady and self-serving some financial systems could be. Scandals like Cambridge Analytica exposed the extent to which big tech companies increasingly exploited our personal information for profit. We understood that governments and corporations (e.g., Meta) often wield control in ways that benefit themselves rather than the people they claim to serve. Our blind willingness to rely on centralized authorities also eroded over time. Slowly but surely, people began to lose faith—not just in institutions, but in the idea that anyone else had their best interests at heart.

Now, what did we do when we had created a world too big and complex for us, with declining trust levels? We turned to technology to solve our problems for us. As always.

We created what we call Web3 technologies, aiming to increase transparency in this complex society. I’m sure you’ve heard of blockchain technology, which creates unchallengeable records of every transaction or decision. These technologies restore clarity and confidence in systems that once felt impenetrable and difficult to improve. Great, but…

It’s sad that, in some way, we’re creating a society that doesn’t require trust between people to function well. When do we cross the line into a trustless society that erodes the very core fabric of human relations? Moreover, we can’t put blind trust in AI which is part of Web3?

An even bigger question is whether the failure of past eras was rooted in a lack of trust between people—or was it the result of structures designed to favor certain groups while excluding others? I think both. When trust breaks down, we turn to rules, regulations, and intermediaries to get cooperation. The problem is that those very mechanisms can sometimes maintain current inequality in the system if we're not aware of the weakening of human-centric values in our digital age.

Maybe I romanticize the past, imagining a world where trust flowed beautifully between neighbors and strangers alike. I have to consider that societal evolution brought challenges that couldn’t be solved by good old trust. It’s also clear that as our existence grew intercontinental and economies globalized, face-to-face relationships changed. All in all, our complex societal structures forced us to create abstract systems governed by laws, policies, and now code. However, I sincerely hope that trust between people will prevail—you and me.

The beauty of Web3 lies in its potential. It invites us to imagine a society where transparency, decentralization, and inclusivity guide us.

Yet I wonder: Will Web3 succeed? Only if we approach it thoughtfully, ensuring it doesn’t repeat the mistakes of previous eras. Transparency, decentralization, and equity are key ingredients for rebuilding trust. But without genuine human connections, these alone won’t be enough.

Without meaningful human connections, we risk creating a trustless technocratic society where code replaces accountability. That’s not progress; it’s regression.

Maybe I should ask: How can we ensure that Web3 doesn’t just replace broken systems but also restores trust between people? Let’s work together to create a future where technology enhances trust, rather than replacing it. After all, we’re still not humanoids.

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web3

Sweden’s Innovation Legacy: Setting the Stage for Web3

Sweden's Innovation Legacy: Setting the Stage for Web3

As a Swede, I hear about our strong history of creating powerful solutions, like Spotify, Bluetooth, and the pacemaker, which have changed everyday life for people around the world. This same spirit of innovation can now be used to make things like money management, voting, and even how we share information online more fair, safe, and easy for everyone through new digital ideas. Yet, when it comes to Web3, I can’t help but feel we’re sitting on untapped potential. Here’s what Sweden could do.

For inspiration, I looked at what Sweden could learn from Singapore.

Sweden has distinct advantages that, if properly utilized, could position us as leaders in Web3. These strengths lie in our love for equality, transparency, and social welfare. Yes, these values align perfectly with the principles of decentralization and trust that underpin Web3 technologies.

Sweden could use blockchain to enhance transparency in public services or create decentralized systems that empower underserved communities. These aren’t far-fetched ideas; they’re practical applications of Web3 that could improve how we live and work. But first, we need to recognize these opportunities.

One of Sweden’s greatest strengths is its dedication to transparency. I would say this is a big selling point for Web3 for Scandinavian hearts since we know that transparency increases trust. Whether it’s open government data or accessible public records, we truly value clarity and accountability. Web3 offers a chance to take this even further.

I would also like to highlight the possibilities of a blockchain-based system for tracking medical records, making healthcare more efficient and equitable. Let me tell you, the healthcare sector needs it badly.

In Singapore, blockchain is being used to enhance supply chain transparency, ensuring consumers know exactly where their products come from. They’ve also piloted blockchain solutions for cross-border trade, reducing fraud and increasing efficiency. If Singapore can do it for trade, why can’t Sweden do it for public services?

Sweden’s robust social welfare system—with universal healthcare, social benefits, and social support—is one of our proudest achievements. However, it is also characterized by a complex and extensive bureaucratic framework. Now, picture enhancing it with Web3 solutions that make services faster, cheaper, and more inclusive.

For instance, blockchain could simplify the process of verifying eligibility for pensions, unemployment support, or housing assistance. This would reduce bureaucracy while ensuring no one falls through the cracks.

Singapore has implemented blockchain-based identity verification systems to improve access to government services. These systems allow citizens to securely share personal information only when necessary, protecting privacy while speeding up processes. I wonder if Sweden could adopt similar solutions to make social welfare more efficient?

"If Sweden uses Web3 technology to strengthen our social safety net even further, we’ll set an example for the rest of the world."

Sweden has a long-standing love for gender equality and inclusion. I suggest, develop targeted programs that encourage women and underrepresented groups to engage with Web3 technologies. Offer workshops, scholarships, and mentorship initiatives to create a more diverse and inclusive community. Well, I guess it’s early…

However, Singapore actively supports diversity in tech through partnerships with universities and industry leaders. Programs like TechSkills Accelerator (TeSA) provide training in blockchain and other emerging technologies, ensuring that everyone has access to new opportunities.

Swedish authorities could look further into providing secure digital identities, protecting citizens’ privacy online with Web3 technology. Take a sneak peek at Singapore’s government, which has invested heavily in blockchain infrastructure to foster trust in both public and private sectors.

Who cares? Well, in our digital world, trust is more important than ever.

When I think about Sweden’s potential in Web3, I see potential that we would create a future where technology works for everyone, not just the few. Blockchain technology can ensure fair elections, make healthcare more accessible, and empower small businesses to compete globally. These aren’t distant dreams—they’re already being pursued by other nations and are within reach if Sweden chooses to pursue them.

So, we can build on what we already do best: promoting equality, fostering trust, and solving real-world problems. By applying these values to Web3, we’ll create solutions that most Swedes think would improve society even more.

I wonder, will we seize this opportunity?

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web3

Web3’s Missing Soul: Why Reality Isn’t Found in Code

Web3's Missing Soul: Why Reality Isn’t Found in CodeYour Heading

Here’s my truth: Reality isn’t found in code. It’s found in connection. Not the kind of connection you make by hitting "like" on a post or buying an NFT, but the kind that happens when you look someone in the eye, shake their hand, or share a laugh together. If Web3 really wants to improve our lives—and not just impress us with its promises—it needs to remember this simple fact. And right now, I see a problem.

Web3 is all about the digital world. That might seem obvious, but stay with me. The fact that it lives almost entirely online is holding it back. Why? Because we’re human beings first and I’m not convinced that we are naturally digital creatures.

We need touch, smell, taste, and real-life experiences. We long for things that can’t be captured by screens or blockchain transactions. Sure, Web3 has the potential to change industries, help creators, and level the playing field—but if it stays stuck in cyberspace, it risks being nothing more than a shiny illusion, a pretend revolution that never touches the ground.

Have you ever felt that strange feeling while scrolling through your phone or chatting about someting? You know, that little voice whispering that something’s missing? That’s exactly where Web3 needs to meet us—in the real world. Being a somewhat spiritual person myself I would say it’s our soul calling for something.

However, I would say that the physical is slowly gaining ground in the Web3 space. Sure, speculation is a considerable part with thousands of useless tokens created on Pump.fun. But I genuinely feel a shift is happening, a move away from speculation and toward utility. This trend suggests that Web3 technologies are starting to focus on solving real-world problems and touching us on a human premise.

Tokenization of real-world assets is doing just that, opening new possibilities for investment and ownership. By turning tangible items like art, real estate, and even agricultural produce into digital tokens, Web3 is unlocking trillions in new markets. This isn’t just about making money; it’s about democratizing access to wealth-building opportunities that were once reserved for the elite.

Meanwhile, decentralized finance (DeFi) is evolving beyond speculative trading. It’s entering what experts call the "dividend era," where protocols distribute revenue directly to users and token holders. This is great news because, instead of chasing quick gains, DeFi is building sustainable financial systems that benefit everyone.

The classic Web3 wet dream where small businesses in remote villages can access loans instantly, without needing traditional banks—or where individuals can earn interest on their savings without relying on centralized institutions. This is slowly becoming reality.

Stablecoins, too, are great examples. They’re now transforming how businesses and consumers conduct transactions. Their stability makes them ideal for everything from cross-border payments to everyday shopping. I heard the transaction volume of stablecoin transactions are higher than that of Visa and Mastercard. Even though the legacy system processes more small-value transactions, stablecoins are clearly gaining traction.

When doing research, I was reminded of the clearest sign of all. Major companies are embracing blockchain technology to improve operations. From tracking supply chains to managing healthcare records, these systems are reaching our physical reality. Medical records are securely stored on a blockchain, accessible only to authorized parties, ensuring privacy and accuracy. Or consider tracking the origin of pharmaceuticals to combat counterfeit drugs.

I was stunned the other day. Apparently, some hardcore Bitcoiners are realizing that Bitcoin hasn't lived up to its utility promises.

Moreover, the fact is that businesses and institutions and consumers now demand real utility.

My gaze drifts to the window, where the world outside moves freely. I better call my daughter for a walk.

I wonder “What does this mean for Web3?”

These examples show that Web3 doesn’t have to exist solely in the abstract world of code. When it steps into the physical realm, it becomes more relatable to us, more impactful, and more meaningful. Like a walk in the park. "Hi Siri! Call Tara.“

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web3

How I Went from Laughing at Crypto to Having Existential Web3 Thoughts

How I Went from Laughing at Crypto to Having Existential Web3 Thoughts

Five years ago, if you had told me I’d be writing about Web3, I would have smiled and said, “Of course,” because I’m too curious for my own good. Crypto? Blockchain? NFTs? It all sounded like a scam.

And yet—here we are. Once again, ahead of my time, I’m actively trying to convince Swedes—a people who trust banks more than their own mothers—that this actually matters. Somewhere along the way, my skepticism turned into curiosity, my curiosity turned into obsession, and my obsession led me to actually start writing about this stuff.

The moment it all started to go wrong

Like many, my introduction to crypto came through a friend who lost a ton of money trading Bitcoin. “I mean, why just hodl when you can beat the market?” The Swedish media had already confirmed what I suspected—crypto was either a Ponzi scheme, a money-laundering tool, or just a really good way to lose money. And as a rational, law-abiding Swede, I knew better.

Then, one evening, sitting there with my daily bowl of porridge, I made the mistake of watching some YouTube videos. First, it was harmless curiosity. But soon, I had spent hundreds of hours watching Raoul Pal, Charles Hoskinson, Paul Barron, Brad Garlinghouse, and Michael Saylor rant about decentralization and financial freedom. Sweet Buddha, I even found myself lying in bed watching BitBoy Crypto and cursing every time Gary Gensler made the news. My friends were getting worried.

And then it hit me.

"Wait a second… what if they’re right?"

They weren’t just gambling on dog coins. They were talking about a new internet, a financial system that doesn’t require permission, and the possibility that trusting massive institutions with everything we own might not be the best idea ever.

My existential crisis

At first, I tried to shake it off. After all, Sweden had a perfectly regulated financial system! Who needs crypto when we have Swish and our government-approved banking overlords?

But Web3, I realized, wasn’t just about money. It was about power, ownership, and control. It was about the fact that most of us willingly hand over all our data, assets, and digital identities to a handful of companies who monetize every click we make.

Meanwhile, Sweden’s Web3 discourse is… well, let’s just say it needs some work. The conversation still sounds like this:

"Crypto is a scam."
"But blockchain could revolutionize finance!"
"Okay, but Bitcoin is bad for the environment."
"Yes, but Ethereum moved to proof-of-stake"
"I don’t trust it. My bank works just fine."

Meanwhile, the U.S., Europe, and Asia are already integrating blockchain into finance, healthcare, and governance, while Sweden still acts like Web3 is some rebellious teenager who just needs to grow up and get a corporate job.

So, why am I still here?

Well, my mom says I’m special. So, obviously, I had to step in.

Honestly, it wasn’t one single “aha” moment. It was one major realization:

If people like me—who care about social development and human well-being—don’t engage with Web3, then the space will be shaped by those who only care about profit.

So now, I’m here, running Cryptobeyer, asking the questions Sweden isn’t—hoping that one day, someone will actually answer. ”Hello does anyone hear me?”

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web3

What Web3 Can Learn from Past Industrial Revolutions

What Web3 Can Learn from Past Industrial Revolutions

History reminds us that no industrial revolution—from the steam engine to the assembly line—has been solely defined by its economic potential. Each era of transformation has eventually bent toward addressing deeper human needs, whether through labor reforms or environmental considerations. As I look at the Web3 space, while profit remains a powerful catalyst, societal values will ultimately shape its trajectory. Soon.

Web3 holds great promise
Blockchain technology, decentralized finance (DeFi), and non-fungible tokens (NFTs) promise unprecedented levels of efficiency, transparency, and inclusivity. But let’s be honest. These systems are being built with the same profit-driven logic that fueled past revolutions. Just as mechanized textile production slashed costs during the First Industrial Revolution, blockchain platforms aim to streamline global transactions, reduce intermediaries, and unlock new markets. More money is created to address inefficiencies left by previous industrial shifts.

We are witnessing the migration of physical assets onto digital ledgers. Real estate, art, intellectual property—these are just some examples of tangible goods being tokenized for easier trade and management. Financial instruments such as stablecoins and liquidity pools offer investors access to previously inaccessible opportunities. This shift mirrors earlier eras when railroads connected distant markets or electricity powered factories. We did this to enable exponential growth. However, much like those transformations, Web3's initial focus on profit overlooks critical questions about equity, ethics, and sustainability.

Lessons from history
History does not repeat, but it sure seems to rhyme. The consequences of unchecked profit-seeking are clear. During the First Industrial Revolution, mechanization brought immense wealth but also dehumanizing working conditions. Factories turned workers into "cogs in a machine," subjecting them to grueling hours and unsafe environments. Similarly, the Second Industrial Revolution's emphasis on mass production further centralized power, leaving many marginalized. Let me tell you, working in the Ford factory in New Jersey in 1913 was no picnic.

It wasn't until widespread social unrest and advocacy movements forced governments and industries to reconsider their priorities that meaningful reforms emerged. Labor laws, safety regulations, and fair wages became cornerstones of modern employment practices. Likewise, the environmental crises of the mid-20th century prompted a reevaluation of industrial growth, leading to policies aimed at preserving natural resources and promoting sustainability.

Moreover, the push for regulation highlights a broader truth: societies tend to respond reactively rather than proactively. We often wait for crises to unfold before implementing solutions. In the public health field, we have started to consider the health consequences of letting companies freely produce and market unhealthy foods. In this discussion, the crashes of FTX and Terra Luna serve as wake-up calls, forcing us to confront the limitations of unregulated markets. By learning from these failures, we can be smarter in the Web3 ecosystem.

The role of regulation
These incidents underscore a growing demand for regulation—a socially constructed need born out of necessity. Governments around the world are now scrambling to establish frameworks that protect consumers while fostering innovation. After all, few would board an airplane without confidence in aviation safety standards.

Regulation in Web3 is not merely a bureaucratic imposition; I say it reflects society's evolving understanding of what constitutes sensible innovation. Much like labor laws were crafted to address exploitation in previous industrial revolutions, regulatory measures in Web3 aim to safeguard against fraud, manipulation, and environmental harm. For instance, concerns about the energy consumption of proof-of-work blockchains have already spurred shifts toward more sustainable alternatives like proof-of-stake, and a growing part of Bitcoin mining is powered by green energy.

Glimmers of hope in Web3 projects
Already, we see glimmers of hope in projects focused on environmental sustainability, financial inclusion, and community empowerment. Decentralized autonomous organizations (DAOs) are experimenting with governance models that prioritize collective decision-making. Tokenized carbon credits are incentivizing climate action. Microfinance platforms are extending credit to underserved populations worldwide. This is great.

Yet, the future of Web3 lies at the intersection of technological advancement and human-centered values. Take real-world assets, for example. As physical assets continue to go online, they will increasingly be managed in ways that align with sound environmental values and social justice. In the traditional financial sector, these are called ESG funds, sustainable funds, and responsible investment funds. Banks optimizing cross-border transactions will do so with energy-smart, low-cost, and efficient blockchain technology. Some companies tokenizing real estate will ensure more equitable distribution of benefits. Investors trading NFTs may support artists who contribute positively to their communities. These opportunities are unique in this industrial revolution.

Learning from the past
In a way, it is frustrating that we seem to be repeating past mistakes, but we can address them earlier than we did before. Like previous industrial revolutions, Web3 will evolve through trial and error, shaped largely by market forces. But if history teaches us anything, it is that profit alone cannot sustain progress. People and our values can.

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Business & Society

The Elephant in the Room: Global Inequality and Web3’s Potential

The Elephant in the Room: Global Inequality and Web3's Potential

The elephant curve reveals a blunt reality: inequality is stark reality in the global economy. I couldn't help but wonder if Web3 could help bridge the gap between the wealthy and the struggling. Here's what I discovered. The Elephant Curve chart, created by economist Branko Milanovic, tracks global income growth from 1988 to 2008. It shows two peaks: one for the growing middle class in emerging economies like China and India, and one for the ultra-rich. The dip, or "trunk," shows the struggles of the working and middle classes in developed countries.

In the late 20th century, globalization took off with trade liberalization, new technology, and companies moved parts of their production or services to countries with lower labor costs. This reshaped the global supply chain. Developing nations thrived, creating jobs and lifting millions out of poverty. But in the U.S. and much of Europe, the middle and working classes struggled as manufacturing jobs disappeared, wages stayed flat, and economic security declined. It appears that Sweden's experience with the elephant curve reflects increased income inequality driven by capital gains at the top.

Why care? In short, economic imbalance in society has led to the political and social unrest we see today. Populist movements are increasing, and we are now aware that globalization may not be fair. We need to be vigilant to create a better world.

I thought we had learned something, but the updated elephant curve data, extending to 2016, shows otherwise. After 2008, income growth in emerging economies slowed, and inequality at the top only worsened. The ultra-wealthy aren’t just taking bigger slices of the pie—they’re baking entirely new pies. Between 1980 and 2016, the top 1% captured over 27% of global income growth, while the poorest half of the world barely saw 12%. It’s clear that progress hasn’t been shared equally.

Regionally, the global middle class saw mixed fortunes. In East Asia, rapid industrialization fueled rising incomes, while regions like Sub-Saharan Africa and Latin America saw stagnating growth. In advanced economies, the middle class continued to hollow out, with wages often failing to keep up with inflation. Looking ahead to 2050, researchers warn that inequality could either deepen or lessen, depending on the policies we choose today.

I wonder, will economic divides widen, creating a world of prosperity for a few, surrounded by growing discontent? What to do?

Here’s where I see Web3’s true potential. I won’t dive into the usual buzzwords like decentralization, transparency, or community ownership—you know the drill. Web3, the decentralized internet built on blockchain, offers a chance to rethink our economic systems. Unlike today’s internet, controlled by a few powerful corporations, Web3 promises a fairer, more equitable future. Beyond cryptocurrency, Web3 includes DeFi, DAOs, NFTs, and new ways of managing digital ownership, all aiming to break the control of banks, governments, and big tech. Oops, I guess I slipped into the basics after all. I have a distinct feeling that I need to mention memecoins.

I think Trumpcoin and Fartcoin are both a way to gamble but also an urge to try to beat inflation and rising costs. Remember, we live in an era when traditional investments feel inaccessible for many, memecoins invite newcomers into the fight for financial opportunity. At their core, memecoins embody Web3's inclusive values: anyone with internet access can participate. However, the reality is often harsher. The general sentiment is that 70-80% of memecoin investors lose money due to high volatility, scams, or poor timing. For every success story, there are many more of financial losses, often felt most by those who can least afford it.

Anyway, Web3's promise of inclusion raises another crucial question: Could it unintentionally create a technocracy? This is a world where those with early access, technical expertise, or control over blockchain infrastructure hold disproportionate power. The National Bureau of Economic Research shows that the richest 1% of Bitcoin holders control more than 27% of the total supply. This is mirroring traditional financial inequalities. We want to move away from that right!? Similarly, DAOs, while promising on paper, often see decision-making concentrated among a small group of highly engaged or wealthy participants. So, what world are we creating here? The same?

Decentralized finance (DeFi) could open up access to capital, especially in areas with limited banking services. DAOs enable communities to make decisions together, bypassing centralized authorities. Meanwhile, NFT technology has the potential to revolutionize intellectual property rights, giving artists and creators unprecedented control over their work. This is just the beginning of what Web3 could unlock.

But as we build this new system, we must ask: Who benefits? To me, it seems that we are merely replicating the power dynamics of the old system in a shiny new technological wrapper.

To make sure Web3 benefits everyone, we need intentional action. Policymakers must create regulations to protect newcomers from exploitation, developers need to prioritize equity in their designs, and communities must hold power accountable to stop wealth from concentrating. Only then can we unlock Web3’s true potential for all.

We must ask: How can innovations like Web3 help create a fairer economy? Yes, it can—if we ask the right questions while building it. We need to have that conversation.

That’s why I created the Proof of Good Pledge. By signing it, you can join the movement, get rewards, and be part of the solution. Because to me, the elephant curve—where the gap between the haves and the have-nots keeps widening—feels less like a warning and more like a prediction already coming true.

If you're ready to make a difference, sign the pledge and let’s start shaping a fairer future together. Join the conversation here.

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Business & Society

The Idealism of Web3: A Hindrance or a Guiding Light?

The Idealism of Web3: A Hindrance or a Guiding Light?

Web3, with its promises of decentralization, user ownership, and fairness, feels like a vision of a perfect world. A world where power isn’t concentrated in the hands of a few corporations and where diverse voices shape the future of technology. Wonderful! But let’s be honest—this vision can feel overly idealistic, almost impossible to achieve.

The very idea of decentralization, while compelling, raises serious practical challenges. How do you build systems that truly function without central authorities? Honestly, I believe that most founders, regardless of industry, do want to hold control of their project/company. Sometimes we need a reality check. After all, how do you ensure that “everyone” has a say when so many still lack basic internet access or the technical literacy to participate? Web3 technologies are still complex, and the user interface can be frankly terrible. And even within diverse communities, whose voice gets heard the loudest?

These questions are not easy to answer. But I believe they’re worth having a conversation about, because while idealism may feel like a hindrance, it can also be a guiding light. The key lies in balancing lofty aspirations with grounded, practical approaches. In a way, it’s about a dream.

Decentralization
Decentralization sounds great in theory, but implementing it often leads to messy realities. Let’s not kid ourselves—fully decentralized systems can be inefficient, slow, and prone to conflict. Decision-making in a decentralized autonomous organization (DAO), for instance, can lead to disagreements or be dominated by those who hold the most tokens, undermining the very principles of fairness and inclusivity.

Similarly, the idea of platforms “working for everyone” is a beautiful goal, but is it truly realistic? Socioeconomic divides, language barriers, and cultural differences make it nearly impossible to design a single system that serves everyone equally. These idealistic values can feel paralyzing, setting goals so high that progress seems unattainable.

Rather than dismissing these ideals as unworkable, what if we treated them as guiding principles rather than rigid blueprints?

“Idealism doesn’t have to mean perfection; it can mean striving to make things better, step by step.”

Pragmatic approaches to idealistic goals
For instance, decentralization doesn’t have to be absolute. Hybrid models—where some aspects are decentralized, while others remain centralized for efficiency—can offer a pragmatic compromise. Why not use a decentralized ledger and a centralized operation management with a heart in the right place?

Similarly, “working for everyone” doesn’t mean solving every inequity overnight. It could mean prioritizing accessibility and building tools that are simple and intuitive. It could also mean focusing on specific underserved communities rather than trying to please the entire world at once. Instead of saying, “We’ll build a platform that works for everyone,” we might say, “We’ll onboard 1,000 underserved users this year and provide them with the tools they need to succeed.”

Striking a balance in the fourth industrial revolution
Handling idealistic values in the Fourth Industrial Revolution requires a delicate balance. On one hand, we need the inspiration of bold ideals to keep us pushing forward. On the other, we must be realistic about what’s achievable in the short term.

I think for Web3 to succeed, we should approach it with humility and flexibility. Let’s be open to feedback, adaptations on designs, and recognizing that progress often comes in baby steps. It also means accepting that no system will ever be perfect, and sharing what didn’t work is just as important as celebrating successes.

When I get idealistic about something I care deeply for, I like to take a step back and see it as a challenge. A challenge to dream big while reminding myself to stay pragmatic. The Fourth Industrial Revolution isn’t going to be shaped by idealism alone, but that doesn’t mean idealism doesn’t have its place.

The heart of Web3
When it comes to Web3, that idealism—creating a project that’s good for society or aiming to improve the world—is messy. It’s full of obstacles, compromises, and tough decisions. But it’s also necessary. Without that vision to guide us, we risk losing the heart of why we’re building in the first place. It’s about holding on to those big dreams while doing the hard work to make them real.

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Business & Society

Why Values Must Be the Core of the Fourth Industrial Revolution

Why Values Must Be the Core of the Fourth Industrial Revolution

I believe, strongly, that we’re at a pivotal moment in history. The Fourth Industrial Revolution and its technologies are transforming the way we live, work, and connect. As we try to navigate these societal transformations, one thing is clear: values are not just a nice-to-have; they must be at the heart of everything we build. I say, “Values must be a core feature in the digital era.”

Why Values Matter in Technological Innovation
Values shape how we live in society, and they will define the success or failure of the technological systems we create. Without them, innovation risks becoming cold, impersonal, or even harmful. But when we intentionally embed human values—like fairness, accountability, and transparency—into our systems, technology can become a force for empowerment and trust. Let’s remember:

“Technology reflects who we are.”

It seems that we often get caught up in the "coolness" of new, shiny tools. Let’s build! But remember, we’ve seen how technology without values can leave people behind. In the age of Web2, for example, social media platforms exploded with promise, only to later expose cracks—privacy violations, misinformation, and algorithms that prioritize profit over well-being.

The truth is, problems from previous industrial revolutions still exist because those systems failed to center values. Some people are still unbanked and don’t even have internet access. It didn’t have to become that way, but I think it was a system lacking human-centered values.

Web3: A Second Chance to Build Better Systems
Web3 gives us a second chance. It’s a chance to build digital systems that reflect who we are and what we care about as humans. We have seen the future: a world where creators get fair compensation for their work, where users own their data, and where transparency isn’t just a buzzword but a fundamental design principle. These aren’t just technical features—they’re values in action.

Sure, some people don’t care. But I have a feeling that many of us are tired of feeling powerless in the face of technological giants. Web3 promises to give power back to individuals and communities. However, decentralization on its own doesn’t guarantee fairness. That’s why it’s crucial to design these systems with trust, inclusivity, and accountability baked in from the start. Values.

If we want Web3 projects to serve everyone, we need to actively consider issues like accessibility. Who gets to participate in this new economy? Who benefits from it? Designing for inclusion isn’t automatic; it’s a value-driven choice.

The Risks of Ignoring Values
When we treat values like annoying things to fix later, we risk creating systems that exclude, exploit, or harm people—again. But when we treat values as features, we get something mindfully transformative. I know it may not sound as sexy as the PornRocket token , but prioritizing fairness and shared ownership is good for society. We need to remind ourselves that code doesn’t build a better society—values do.

Creating a Future That Works for Everyone
If we embed human values into our technology, we can create a world where innovation works for everyone. But it’s not going to happen by accident. Regulators, developers, and users like you and me need to push for systems that reflect what we believe in. I say fairness, inclusion, and sustainability is a start. Let’s start that conversation today.