On web3 and participatory governance

web3—a group of technologies that encompasses blockchain, cryptographic protocols, digital assets, decentralized finance and social platforms, NFTs, and DAOs—is the third generation of the internet. These innovations have garnered an incredible amount of attention, both good and bad, over the past few years, and are still very early in their evolution. They will serve as the basis for new forms of economic and social interaction arising from platforms that allow people to collaborate, create, exchange, and take ownership of their digital identity and assets