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Web3 should draw newcomers, not be a ‘money grab from brands’ — Tech CEO

Coin Telegraph LogoCoin Telegraph3 mo ago

Web3 should draw newcomers, not be a ‘money grab from brands’ — Tech CEO - Coin Telegraph

Quick Summary:

Using Web3 and NFTs to create another slate of millionaires isn’t a good use of the technology, says EndeavourXR CEO Amy Peck.

We have the opportunity to do something really interesting and reinvent this economic construct, invite more people to the party, not just create another 1%.

Providing consumers with more control and ownership over their data is already possible with blockchain, Peck stressed.


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Web3 should draw newcomers, not be a ‘money grab from brands’ — Tech CEO - Coin Telegraph (Picture 1)

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Article Details

Author / Journalist: Cointelegraph By Brayden Lindrea

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-11-17 @ 02:18:41 (3 months ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 17648786

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Year Established: 2013

Headquarters: United States

News Last Updated: ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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