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"We are not in an early stage but a special stage of blockchain development," says Vitalik during Token 2049.

Indeed, we are voyagers when it comes to emerging tech. Consider how quickly we've adapted to ChatGPT and AI tools becoming part of our work life. Looking back, it's all happened in a remarkably short time.

We must think differently about how emerging tech evolves, it's certainly not a linear curve. On a scale of 1–10, where would you rate the current stage of crypto's development?

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Web3 Social Highlights

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Mask Network acquires the DID extension Nametag, expanding its decentralized social ecosystem.

In Nametag's own words, they “re-created the Xbox GamerScore or Steam achievement system… but for Web3 and the entire Internet.”

A decentralized achievement system for the web, truly next level!

Mask Network Acquires Trendy DID Extension Nametag, Expanding Its Decentralized Social Ecosystem


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Well it seems relinquishing control isn't always the best move in Web3. Friend.tech's admins decided to transfer control of some of their smart contracts ti a null address, leading to a lapse in faith from the project's holders, and a 26% drop in price! Be aware, even in the industry of decentralization you usually need someone at the helm!

Friend.tech token drops 26% after team shirks control of smart contracts


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Solana-based creator engagement platform DRiP has raised $8 million. Given its similarities with Base, and the strides Base has made in growing community, it will be interesting to see how Solana competes for its position in the content market.

Solana creator platform DRiP raises $8 million in seed round