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Right Click Save - Articles - NFTs and the Risk of Perpetual Colonialism

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Luke Hespanhol asks whether Web3 can really avoid the oppressions of Web2

Blockchain is dominating the conversation around technology, finance, and digital culture. Defended by many as a new internet paradigm, the discourse surrounding Web3 owes much to the popularization of NFTs as a format to promote, collect, and distribute digital artifacts. In principle, such technologies address a number of perennial problems faced by digital creatives: assertion of authorship, creation of scarcity, and the removal of intermediaries who control access to meaningful revenue as well as cultural discourse itself. But despite the many artists who have established new audiences…

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