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Polygon Moves More Towards Web 3.0
One of the things I said about these layer two tokens or Ethereum competitors all last year is they would quickly need to start building their own assets that grow and have demand instead of relying solely on faster transactions and lower fees. There are plenty of blockchains that already offer this but they lack the sites and applications to use them.
This is why I'm liking the looks of Polygon as of late and the movements they are taking. It seems like Polygon will be Ethereums main layer 2 token for fast transactions and lower fees but it is also shaping up to be a force in the web 3.0 space.
Polygon recently announced it is joining forces with AlchemyPlatform and web3 community to launch what they call a web3university. It's to help devs and provide resources for creating smart contracts, NFTs and DeFi projects.
You can check out the site here > https://www.web3.university/
It seems lately that people are in the mode of taking cheap shots at web3.0, NFTs and Ethereum as influencers who are very uneducated on the matter and manipulate markets for their own profits are shaping things. I believe this is only going to last so long and just like the crypto community took on bad actors and bad government's trying to restrict and ban they are going to start taking down so called influencers that start spreading pure crap and digs just to try and hit some headlines. This in part comes from Elon Musk which I believe will start seeing less and less influence as people start be become more educated on the matters. My hopes are though that Elon and many of these other influences start really using their influence for good instead of trying to squeeze more money out of people which has been a constant recurring trend as of late.
Do you think Web3.0 is here? Or do we have a long way to go?
Personally I feel we have a long way to go. While there are some decent attempts at making web3.0 sites they either lack one or two of the other critical elements that make it a success.
The things any application or website needs for success are
- Solid dev teams (which many of these platforms do have)
- A quality and easy to use UI for everyday users that means onboarding and doing actions on the blockchain
- A marketing team to push the product and get it in front of people including building hype
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Web3 University actually looks pretty cool.
It's interesting how different blockchain communities think of their own networks as the gateway to Web3.
For example this Polygon (MATIC) stuff is obviously all very Ethereum-centric.
Then just look at what we talk about here on Hive, using different front-ends to access content on our blockchain.
But for me the holy grail of Web3 (well all of crypto really), is still blockchain interoperability.
Who will make that possible?
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I don't really see it as a one fix all kind of thing. I think it's going to be a blend between companies, crypto and a large community for decentralized building those applications and honestly they both will most likely be battling for a while. I don't see my web3.0 vision of really being decentralized and rewarding back to content creators happening for many more years but the shift is starting to happen. Think of it as the internet in 1997 you couldn't do much with it and it turned into the wild west. But a lot of freakin cool stuff and peoples imaginations came from it all. I think that's where we are at with web 3.0.
Yay! 🤗
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I stopped listening to the so called 'influencers' and just focus on what is being built. Been digging into Polygon and building some NFT markets using it, but was really looking at BLOK which was why I invested hard, but then it has crashed back down and not seeing any announcements or updates as of late from it, so I don't know. Polygon is an awesome alternative to Ethereum, or even BSC, but at this point we are focusing on BSC as it has the bigger marketshare.
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