Cryptocracy

Cryptocracy

Hot news and analysis from the world of cryptocurrencies. No hype, just the facts plus a little snark. Delivered from an award-winning journalist, former newspaper editor, and world-class content strategist.


I'm Pulling Back From Publish0x, And Here's Why

19 Jun 2024 2 minute read 15 comments Allen Taylor

For a couple of years now, I've been singing the praises of Publish0x, which isn't exactly a Web3 social media platform. However, I would call it a crypto-monetized platform, and, until now, I thought it was one of the best. Recent events have caused...

Billionaire Wants to Buy TikTok, Host It On Polkadot, and Decentralize the Web

18 Jun 2024 5 minute read 3 comments Allen Taylor

Remember when the World Wide Web was decentralized? If you started using the Web some time in the last 15 years, you probably don't. I discuss the reasons why in two books I've written in the last two years. Cryptosocial: How Cryptocurrencies Are C...

Web3 Social Media Earnings for May 2024

5 Jun 2024 7 minute read 3 comments Allen Taylor

I'm back for another Web3 social media earnings report. Let's dive in and see what the earnings look like this month. I've been using the same few platforms since January without adding any new ones or dropping any. I am beginning to reconside...

Web3 Social Media: Has It Lived Up To Its Promise As It Has Grown?

29 May 2024 6 minute read 2 comments Allen Taylor

When I first learned about Web3 social media in 2018, the list of platforms was shorter than a No. 2 pencil. Steemit was barely two years old, Hive hadn't forked yet, and Lens Protocol wasn't even a spark in its creator's eye. Today, there are a grow...

Making Web3 Simple: How Developers Can Make Web3 More User-Friendly

22 May 2024 4 minute read 4 comments Allen Taylor

I recently read three articles on Web3 and they all agree on one thing: Web3 is too complex for the average Internet user. For your reference, below are the three reads. Feel free to check them out for yourself: The dilemma of global Web3 integrati...

VC-Funded Web3 Projects Sell Decentralization Short

15 May 2024 5 minute read 0 comments Allen Taylor

Web3 venture capital (VC) firms love to talk about decentralization. Unfortunately, they aren't big on actual decentralization. Like this post on decentralized social networks, they champion projects like DeSo and Lens as shining examples of decentra...

How Will the Paragraph-Mirror Merger Benefit Creators?

8 May 2024 4 minute read 2 comments Allen Taylor

Last Thursday, in an unexpected new twist to the Web3 social publishing landscape, two leading platforms announced a merger. Paragraph, seeking to be the Patreon of Web3, announced it had raised $5 million in capital from Union Square Ventures and Co...

Web3 Social Media: Earnings Report for April 2024

1 May 2024 4 minute read 6 comments Allen Taylor

It's May and time for another Web3 social media earnings report. This report is for April 2024. By all appearances, it wasn't a bad month. It was the second-best earnings month I've had this year, so far. However, I suspect it would have been the bes...

9 Really Good Reads On the 2024 Bitcoin Halving

24 Apr 2024 2 minute read 9 comments Allen Taylor

The Bitcoin Network experienced its fourth halving event last Friday. For those following the event, there are some essential reads post-halving. Here are 9 reads about the halving event that everyone interested in bitcoin should read: Bitcoin whimp...

Web3 Social Media Isn't Growing Very Fast, But Why?

17 Apr 2024 4 minute read 5 comments Allen Taylor

While traveling to Pennsylvania from Texas this week, I've had a little chance to reflect on the Web3 social media ecosystem and its progress toward that promised paradise of easy monetization, secure intellectual property rights for creators, unpara...