There are very few Web3 solutions that are 5x better than the same built with web2. Lots of promise but not where it needs to be yet. See this thread. https://mobile.twitter.com/busin...

The concept of Web3 (aka Semantic Web) is older than the internet itself I think :) I'm not banking on the full disintermediation as this is already a pretty strong feature of Web2.0. What is missing today with Web2.0 is the #unicity of assets. When we talk about Web3.0 or about ProductHunt or about the USA, we (humans) all know what we are talking about. But for the Web - these are just characters with no signification. Imagine a web where all assets are unique and connected to each other - that would start to form a gigantic network - a semantic network. What I call the #metabrain.

I think web3 will have designer/branded website components. Like for example, people could have designer Twitter banners etc. If anyone makes money out of this idea, please send me my 2cents.

Web3 is a new decentralized form of the internet where users become owners. Today's internet, Web 2.0, is largely controlled by centralized players who capture much of the monetary value created on the internet.

Most people are building web3 products because of the hype. And for most of these products, there exists a simple and better web2 solution.

we're just getting started... the creative destruction + potential are not yet completely understood by anyone ✨

Decentralized Cloud on blockchain. Vote or invite devs on this open source project! https://twitter.com/the_dark_bid... https://www.producthunt.com/post...

TL;DR That you can upgrade a deployed smart contract! 🤔 . Yes, it is true that normally when we deploy smart contracts on the blockchain, it is designed so that modifying the deployed code is not allowed. . BUT, if you really need to modify the code on the contracts in some circumstances, apart from deploying another smart contract that has the bug fixed, and all information migrated, you can opt for "Upgrading smart contracts with Openzeppelin Upgradable Plugin." . Oh I forgot to introduce myself, my name is Jean from Laika🐶 and we wrote an article on this (here's the link: https://medium.com/laika-lab/upg...). And a bit tie in here, Laika has just recently launched on ProductHunt (https://www.producthunt.com/post...), be sure to check it out! Ty!

Well it can be used to build a brokerage free stock trading platform, with zero charges at all. We are in works to build one like that, and are currently starting from a rewards based gamified savings app. Do check it out, and if its something you've been waiting for, do tell me Our upcoming page: https://www.producthunt.com/upco... Our site: https://finthug.wixsite.com/finthug

Web3 actually takes away data ownership. By putting it completely in blockchain, if you don't want your transaction fully public, well... tough luck.

It still about the people, not a technology ;)

In its simplest form, I understand #web3 web1: read web2: read / write web3: read / write / own

Web3 can generally be described as a decentralized evolution of the Internet. Instead of a few providers acting as the mediators of how your interactions and daily life on the web should work, a Web3-based future would liberate your data from proprietary databases and operate without centralization via the incentive structure inherent in blockchains.

I know this https://candevsdosomething.com/

Per Packy’s Not Boring, the next wave of web3 adopters will either be finding more fun ways to make money, or more monetizable ways to have fun

The chronic interruptions that have become the norm in Web 2.0 will disappear because decentralization will enable transparent, on-demand, peer-to-peer communication. In summary, Web 3.0 means that it is aimed to bring us a fairer internet by ensuring that the individual dominates. For this reason, it is described as more “democratic”.

It's wild out in these web3 streets, and Miami is the epicenter!

Don't know. Will read comments. :)

Receiving a grant for an idea in this space is easier than it seems!

Great questions! Web3's infrastructure is still evolving! Dream it, plan it, build it!