The Transition from to Web 3 Social Platforms Has Arrived Sooner than Expected
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. One of the most radical changes between the early 2000s and 2022 onwards is how embedded social media has become in the daily lives of people around the world. Currently, 71% of all adults that have access to the internet actively use social media, with the average American spending nearly 3 hours a day across different social media accounts they own. To say that social media is a core part of our lives would still be an understatement, with this form of connection transcending anything else we’ve seen at this scale. While there is a range of drawbacks to social media, the level of connection, as well as the sheer platform that it's given to millions of people around the world, is unbeatable. Yet, as time goes on, more and more people are beginning to focus on the disadvantages of social platforms, with articles comi...