27 May 2025
Web3 is Going Just Great is a project to track some examples of how things in the blockchains/crypto/web3 technology space aren’t actually going as well as its proponents might like you to believe. The timeline tracks events in cryptocurrency and blockchain-based technologies, dating back to the beginning of 2021.
Generally speaking, “web3” is an umbrella term to refer to the “future of the Internet”, which believers say will be decentralized and based on the blockchain. Proponents tend to tout how data won’t be controlled by “Big Tech”, and how it will be uncensorable and egalitarian. There is, however, no shortage of examples in this timeline of how many “web3” projects are indeed centralized in similar ways to Big Tech, as well as instances where “uncensorable” or “unmodifiable” platforms have removed or modified data.
Projek oleh Molly White.