#47 – Web3: What’s Left After the Hype?

Remember 2021? Everyone was buying pictures of digital monkeys, adding „.eth“ to their Twitter handles, and screaming that the Metaverse was going to replace physical reality. Then… the bubble burst, massive exchanges collapsed, and artificial intelligence completely stole the spotlight. But while the tourists, speculators, and scammers left the chat, the real engineers quietly stayed behind.

In this episode, we do a brutal reality check on Web3. We look past the bankruptcies, the worthless NFTs, and the crypto-bro culture to find out what is actually being built on the blockchain today. Is decentralized technology quietly maturing in the background, or was it always just a solution looking for a problem?

In this episode, we unpack:

• The anatomy of a hype cycle: How the Web3 bubble burst, and why that might be the best thing that ever happened to the technology.

• The death of the JPEG: Moving beyond speculative tokens to find real-world utility in smart contracts, decentralized identity, and supply chains.

• Web3 vs. AI: How artificial intelligence stole all the venture capital, and why these two massive technologies might actually need each other to survive.

• The „Crypto Winter“ builders: Who is still writing Solidity code, and what are they actually creating now that the easy money is gone?

If you completely wrote off Web3 after the crash, it might be time to take a second look at what survived the winter. Tune in to find out what happens when the hype dies and the actual work begins.