Jessica Karl, Columnist

The Web3 You've Heard of Does Not Exist

So far it’s mainly a big marketing scheme setting people up for disappointment.

It’s like Etsy, but worse!

Photographer: SOPA Images/LightRocket/Getty Images

Lock
This article is for subscribers only.

This is Bloomberg Opinion Today, the Web3 version of Bloomberg Opinion’s opinions. Sign up here.

In 2018, a tiny “5G” magically appeared at the top of my iPhone. “Is this actually 5G?” I asked my friends. Nobody had a clue. Prior to this, 5G was merely a fable — something that belonged in a Dave Eggers novel. And then, poof! There it was at the top of my phone.