We are still in the infancy stages of the transition period from Web 2.0 to Web 3.0. I think we haven't seen anything yet. Those of us who entered the advantageous world of blockchain sometimes think that everyone else is using the same Web 3.0 tools as us, for example using DeFi protocols, collecting and using the NFTs, buying lands in the Metaverse, but the truth is that it is not. We are only at the beginning of a great change. Think about that Metamask users in whole world are still closely %1 of all Paypal users. Or think that only 1 out of 30,000-odd people in the world owns any NFT.

That’s why when crypto markets go through a downturn, i really don’t care. This is a market cycle and also related with various global economic dynamics. some people lose focus on the potential of the technology. I don't think anyone who are engaged with blockchain technology and the groundbreaking developments that happen every day cares either. Because I believe in technology. Because I am aware of the great opportunities and potential that the decentralized world can provide us. Because I see that companies that provide services and reach people with Web 2.0 tools are aware of the great potential of Web 3.0, NFTs, DeFi protocols etc… They are rapidly adapting to the advantages promised by blockchain and they are accelerating this transition.

For example the following news and innovations are just some of the developments that have come my way in the last few days.

• Gucci has announced that it will accept Apecoin payments via Bitpay.

• Pearson plans to sell the textbooks as NFTs.

  https://twitter.com/finiteeyes/status/1554539169166368770?s=20&t=le_pejJ9qSGYOpVfMQaJZw

• Prada has announced that it will launch NFTs alongside physical products as part of its Time Capsule collection.

• Meta said the ability to showcase NFTs on Instagram will be active in 100 countries

  https://twitter.com/MetaNewsroom/status/1555197567532732417?s=20&t=mVFZFTXCcIn9fYVwzvUK_w

New developments are added to these each day. The fact that large companies enable this adaptation and accelerate the transition will give confidence to the wider public and more people will start using it. This technological revolution points to much more than a temporary market cycles, crypto markets bear period etc., it has the potential to shape the future of the world.