Re:Why Web3?
by miracle2k on Thursday December 30, 2021 @02:21AM
(#29734506)
A couple of things to note here:
- New brands are created all the time; you don't have to be Nintendo to do so. maybe you get bought be Nintendo after.
- Big brands ultimately still need to go where the customers are.
- What the blockchain gives your digital good is a sense of permanence. This may not matter for an individual purchaser who simply wants to speculate in a hot market, but there would be no such market if the ownership ledger was run by single company. The narrative that these ownership records exists on a blockchain that will survive any particular startup failing underpins the whole thing.
- New brands are created all the time; you don't have to be Nintendo to do so. maybe you get bought be Nintendo after.
- Big brands ultimately still need to go where the customers are.
- What the blockchain gives your digital good is a sense of permanence. This may not matter for an individual purchaser who simply wants to speculate in a hot market, but there would be no such market if the ownership ledger was run by single company. The narrative that these ownership records exists on a blockchain that will survive any particular startup failing underpins the whole thing.