Failed businesses and tech bros keep trying for crypto returns.


A man in a white shirt hangs from a laptop tent on his head.

They are pushing your head straight into your computer to see what they mean by “metaverse”.?
Photo: Caspar Greenwald (Shutterstock)

Over the past year, those of us paying attention to new blockchain projects have noticed a strange trend. Failed or unsuccessful individuals or businesses are trying to improve their image, and still Web3 has everything to do with anxiety.

You don’t have to look hard to find news of, “Hey, I forgot that person/organization/project existed,” the Kool-Aid guy breaking through the wall with wasted energy to say they’re back. And this time they have a truly “perception changing” (or like) project. guest al At one point, they “advance our market share vis-à-vis; Our Proven Method”).

At first, you think they’ll be laughed out of the building. After all, who cares Is working with someone who built WeWork alone a good face for investment? Why would I give light to an old stream website when all they promise is NFTs? What’s strange about these projects is that they all seem to be getting at least some traction in the blockchain community, both users and investors alike.

Because it seems foolish for investors to consider taking advice from wFor Wall Street, Web3 projects are inherently attractive to investment firms. In advance Fall in practice Think of disruptive blockchain technology, especially those that promise to generate more revenue for industries monetized through carbon credits or pharmaceutical products. Who cares if the globally despised “Pharma Bro” is doing the pushing?

It is an open question how far investment in crypto will go, from a A recent study from the Pew Research Center It showed that crypto investment among the average people has been stagnant since last year. That’s not to say there aren’t huge crypto firms and others. Traditional technology companies Pouring millions of dollars into the place.

Seeing dollar signs is one thing. Actually creating a utility using blockchain technology is another matter, and so far we haven’t seen a single one of these that seems to be worth it. business or business people.



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