Web3 should draw newcomers, not be a ‘money grab from brands’ — Tech CEO

“Obtaining an on-chain proof of identity, taking control and ownership of ones information, linking blockchain-based assets to the genuine world and communicating in the creator economy are amongst the leading things Peck states home builders ought to focus on to extract the most worth from Web3. Source: Joe Hall/CointelegraphPeck acknowledged its currently impractical for huge brands to fully transition to Web3 however states theres already a “Web2.5 center lane” that these firms can leverage.Providing consumers with more control and ownership over their information is currently possible with blockchain, Peck stressed.”On cryptocurrency exchange-traded funds, Peck said its terrific that Wall Street firms are now taking the industry seriously however is cautious that they will try to twist what has actually been developed to match their taste.