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SYSTEM PROCESSING...
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SYSTEM PROCESSING...
Posted: 2025-05-09 21:18:47 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-09 21:21:32 UTC
Verified By
Rollup News
A critical examination of Web3's claim to decentralization, questioning whether it's a reality or just a marketing term, and highlighting issues like VC control, reliance on centralized cloud providers, and the influence of core teams and whales.
VC funding concentrates power in 'decentralized' projects.
Reliance on centralized cloud providers undermines decentralization.
Core teams and foundations heavily influence major chains.
Centralized exchanges still dominate trading volume.
DAO governance is often controlled by a few wealthy individuals.
Regulation and compliance may compromise permissionlessness.
VC control over 'decentralized' projects.
Dependence on centralized cloud providers.
Influence of core teams and foundations.
Dominance of centralized exchanges.
Unequal power distribution in DAOs.
Regulatory threats to permissionlessness.