Yes, this space is fascinating. New possibilities are emerging everywhere. People seem to be throwing money around like Fall leaves.
However, this level of hype creates illusions that web3 can solve all sorts of problems.
But the truth is that web3 has it’s own very obvious drawbacks that include:
Scalable Distribution
Targeted Discoverability
Getting all your NFTs stolen by accidentally signing a malicious contract.
So, before we start a new project in web3 we start with the question:
“Why web3?”
Before getting started make sure the benefits of web3 align with the job that your project is looking to get done.