Every time I give DAO/w3 stuff the benefit of the doubt and read into it, I come away with such a strong feeling that the whole thing is techno-obscuritanist smoke and mirrors, vibrating with pure MLM energy, deflationary anarchocapitalism sold as 'empowering communities'.
Bunches of people I respect *inist* that there is interesting things going on here but every time I look I cannot see it. Feel like maybe im missing something.
@autophagy I think good things just take time to develop, while hype doesn't. Hype (sometimes) funds the real development.
Cool things I'm aware of: Decentralized high availability censorship-resistant commodised perma-storage (arweave), carbon-credits-as-currency (klima), and proof of stake smart contracts (cardano) all totally exist, but two of the things I just mentioned only went online like, literally this week.
And klima is still running on ethereum (but will switch to polygon later).
@faun Totally! I think my heuristics for seperating out hype + boosterism from genuinely interesting/novel stuff is just not very developed in this area.
Thanks for the list of projects though, arweave looks super interesting in particular. I suppose eth is supposed to switch to PoS 'soon' but I think every time I've looked it's always 6 months away 😅
@autophagy Same reason I'm avoiding it currently. There's gotta be good stuff happening, but the signal to noise ratio is too high.
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