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Shitcoins in Web3
Why do we really need shitcoins in Web3?
- cryptocurrency
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2Hmm, shitcoins? Never heard about it. I've heard about Bitcoin, Solana (SOL), Filecoin (FIL), Polkadot (DOT) and other.
If we omit the "strange" name of the coin you've mentioned, I'll try to reply your question. First, there's a good article on Web3 and how it works. Second, many of the Web3 protocols rely on cryptocurrencies. They offer a monetary incentive (tokens) to anyone who wishes to help create, govern, contribute to or improve one of the projects. So, yes, we really need coins in Web3.
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Web3 (also known as Web 3.0) is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics.
