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Lemmy and Mastodon feel like the real web3. (lemmy.world)

submitted 1 year ago by kiriakos@lemmy.world to c/lemmyworld@lemmy.world

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I think this decentralization and federation is what web3 is all about, without all the corporations calling everything to do with monkey pixel art that costs a million dollars "web3"

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[-] purplepony@lemmy.world 8 points 1 year ago

If the data was actually stored in the blockchain, then it would have some chance of being valuable, but every NFT, except I believe Bitcoin's newest, just stores a link in the chain which links to the image or whatever. As long as that's the standard it's not going to see use by anyone but scammers.

[-] Mimo@discuss.tchncs.de 2 points 1 year ago

While I wouldn't say it would make things like drawings of monkeys with different backgrounds valuable at the very least it would have made them truly decentralized instead of these [random-blockchain-company]-dependent and ICANN-dependent scams