The internet was supposed to bring humanity together, transcending borders, bridging divides and making the planet a smaller place. In its early days, the World Wide Web did that, but a second wave — dubbed Web2 — took a hard turn, dividing people into factions and concentrating wealth and power into the hands of a few, posing a real danger to civil society.
“Web2 has been financially successful for a small number of people,” says venture capitalist and former diplomat Tomicah Tillemann, “but it’s also opened up some challenges for our democracy, using private information to manipulate the behavior of individuals.”
Tillemann is part of a push for another reboot. He recently left venture capital firm Andreessen Horowitz to become the global chief policy officer for Haun Ventures, an investment fund that smashed records by raising $1.5 billion to help build Web3. As he sees it, this new iteration will be more decentralized and democratic, incorporating blockchain technology — the...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...