My rollercoaster ride in Cryptoland
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I’ve lost money in crypto.
No big deal.
The real issue: I didn’t understand how.
Everybody around me seems to be killing it. So I decided to create my own NFTs, currency, and DAO to learn about what I was missing.
Web3 is the shining castle on top of a hill. The promised land where everything has value, is decentralized, and on-chain.
But the castle is Disneyland: great in pictures, but chaotic, with long lines, and full of children spending ridiculous amounts of money on animals wearing clothes.
Yet when the crowds are gone and the shops close, there’s still some real magic happening in Disneyland.
But I’m getting ahead of myself.
The Truth about Web3
NFTs
Scarcity. NFTs are scarce. That’s what gives them value.
This one is a skull! Looks rare!
Just that it isn’t.