Web3 in 2024: The Hype Died, the Interesting Stuff Survived
The Vibe Shift There’s a specific type of person who got into Web3 in 2021. They had a profile picture of a bored monkey. They said “gm” unironically. They called everything “alpha.” They’re mostly gone now. Good. Now we can talk about the actual technology. I’ve been in this space long enough to have survived multiple cycles — the highs where you feel like a genius, the crashes where you feel like a cautionary tale, and the boring middle parts where the real building happens. This is a post about the boring middle parts. ...