As with all things crypto, the product is number go up... until it doesn't, and by then the insiders have taken profits. Rinse and repeat.
Not all things crypto are about speculation and number go up. Many projects have added tokens for utility. THOSE projects are eventually going to be far better than their Web2 counterparts. By the people, not just for the people
IPFS team released Filecoin to let you store files in more than one “cloud” company like AWS or GCP or Azure.
MaidSAFE goes way further. They are building the ultimate in decentralized, uncensorable networks.
Jack Dorsey’s Web5 is using really good technologies like Microsoft’s ION (sidetree protovol) for identity, etc.
Okay and now for the part that will get me downvotes… I started two companies in 2010 and 2017 respectively, to build open source software and give it away on GitHub. I built them for Web2 ans Web3 to decentralize social networks, payment systems, voting, governance and more. Because communities need to run their own open source software, rather than relying on states and corporations. Otherwise our communications and transactions will be taking place on privately owned and centrally planned platforms.
If you want to know the details… click here:
https://intercoin.org/applications
PS: before downvoting me, actually look at this. It is not shilling any tokens. It is actually BUILT open source solutions, on github, that you can take and use today. If you don’t like something, at least comment and use your words before downvoting.
Web2 is VCs funding closed silos and all our interactions and public forums on privately owned platforms. How is that better? In only one way: it scales!
Which again looks like the problem being solved is just financializing something you could already do just fine without the "coin" to begin with.