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Web3 is Not All About ‘Ownership’ — it’s So Much More

The focus on ownership as the defining quality of Web3 is limiting and incorrect, according to a CoinDesk op-ed. Instead, the article argues that verifiability is the clear throughline in all Web3 contexts, and the ability to verify is what enables users to voice their opinions and ensures a technical foundation that enshrines basic rights, even if the central actor in charge is not benevolent. The article asserts that the value propositions of Web3 will be essential not just for the systems built for ourselves, but for the internet at large, as authenticity, trust, and rebuilding trust become critical factors, and that Web3 natively has these properties built into it. (forkast)

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