Have builders failed in web 3? Up to this point, the answer is emphatically yes. Now, I'm not talking infrastructure developers. That's a little different. I'm talking about business builders, entrepreneurs, applications. They've been a failure. They have failed to capture attention. Do you know why? The answer, in my opinion, lies in the simple fact there's no utility. They do not serve a problem. They do not fix a problem. They do not serve a role. They do not fill a void in somebody's life. When people need something, they go to web 2, because web 2 gives them what they need.
Transcript
Have builders failed in web 3? Up to this point, the answer is emphatically yes. Now, I'm not talking infrastructure developers. That's a little different. I'm talking about business builders, entrepreneurs, applications. They've been a failure. They have failed to capture attention. Do you know why? The answer, in my opinion, lies in the simple fact there's no utility. They do not serve a problem. They do not fix a problem. They do not serve a role. They do not fill a void in somebody's life. When people need something, they go to web 2, because web 2 gives them what they need.