Embracing Web Three

Many in their twenties to forties are dismissing NFTs, echoing the skepticism their parents had towards social media and the Internet. Web three introduces a decentralized ownership model that contrasts sharply with the fakeness prevalent in web two, where people often misrepresent their possessions. Understanding the economic implications of NFTs reveals how they fulfill a deep human need for communication through ownership and status, as seen in digital spaces like Fortnite and social media.