Crypto Companies Are Tempting Top Talent Away From Big Tech to Build ‘Web3′

Investment into crypto companies has surged, meaning they've got much more cash to spare on lucrative compensation packages for big hires. Blockchain start-upsTech start-ups also typically let staff own a piece of their company through stock option schemes. With valuations for private crypto companies soaring, that means early employees could be in line for a big payout in the event of a takeover or initial public offering.

In theory, platforms could reward users for their posts through blockchain-native tokens, flipping the advertising-fueled model of services like Facebook and YouTube on its head.

It's stupid since the current web is entirely open. Anyone can create a site. Getting people to it is the challenge, and will be just as difficult on 'web 3' as on 'web 2' and 'web 1'.

Zucc1989 Cryptics_89

wtf is web 3. I didn't even know there was a 2.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto winter 2022: Here’s what crypto industry veterans expectThe crypto industry has plenty of time to nurture long-term sustainable projects as the next bull market is likely to happen no earlier than in 2024, according to industry execs. Haha always those future telling predictions…. in 2018 year no one tell about bear market 😇支持支持！thanks~~
Source: Cointelegraph - 🏆 562. / 51 Read more »

KB Bank to launch South Korea’s first crypto investment fundSouth Korea’s largest bank, KB Bank, announced that it plans to launch several crypto investment funds as soon as possible. These will be the first such funds offered by a bank in the country.
Source: Cointelegraph - 🏆 562. / 51 Read more »