"Web3 is also the idea of a new, better world for some of its creators. But that can only come if you accept the old one.
Sometimes you want to travel back in time. How did people experience the beginning of the industrial revolution? Cars will never prevail, it was said, and the fear of change led to Luddite riots and uprisings. The world has now moved beyond industry and the factory as the central place of employment.
Anyone who smiles at Web3 today and thinks that the network economy and the token economy will never amount to anything has probably also thought the same about social media and streaming.
And the company as a network is not even a completely new idea, as the analogy to cooperatives from Edeka to Raiffeisen is obvious. Although cooperatives are only the dominant legal form in exceptional cases, that does not make them insignificant.
The Web3 company is more than a cooperative: ideally it does not unite individuals with common (self-)interests, but brings them together to achieve something together. To achieve great things.
In order to achieve a breakthrough, you have to move away from the vision of wanting to create a new world and build a bridge to the old offline world. It may be cozy in the niche of virtuality, but as long as humans are material beings, you run the risk of revolving around yourself in a parallel world. Then the opportunity to improve the world would be lost." [1]
1. Web3 muss die alte Welt annehmen. Frankfurter Allgemeine Zeitung (online) Frankfurter Allgemeine Zeitung GmbH. Sep 10, 2024. Von Martin Hock
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