As with any narrative, the Web3 narrative serves certain stakeholders and is in turn, fueled by them to serve their interests.
On one side, it is the venture capitalists facile exhortation at a euphemism for the term that K Street does not favor (“crypto”); on another side it is a half-hearted attempt by the hoi polloi on LinkedIn/Twitter to attach themselves to what they see as the next big thing; on a third side, it is a proactive effort by some entrenched crypto players to piggy-back on the venture capitalists marketing and attempt to legitimize themselves; and, from a fourth side, it is a pre-emptive campaign by the deep-rooted technology industry giants to manage market expectations and position themselves as the inevitable winners of this ostensibly evolutionary trend.
Let us pull …