NBW News Web3: Why ‘the next generation of the internet’ is worrying a lot of software developers
- People with cryptocurrency are trying to bring more people in, with claims of a better internet – which are false – so they can exit and get liquidity.
- Companies like Rolex spend a lot of money on enforcement to get rid of counterfeits because counterfeits remove the willingness for people to play to pay the high price for an original.
- Plus, even if you’re Rolex and you see people making counterfeit NFTs, you can’t do anything about it.
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