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How JOKR lost $159 per order, rising startup valuations, OpenSea freezes stolen NFTs, Web 2 CEOs troll Web 3 | E1351

This Week in Startups

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Decentralization Dilemma

This chapter explores the clash between centralized interventions and the ideals of decentralized systems, particularly through the lens of a $2.2 million NFT theft on OpenSea. It examines the philosophical debate within the crypto community regarding the balance of safety, regulation, and the integrity of Web 3.0. The conversation humorously critiques the culture surrounding cryptocurrency while highlighting the ongoing challenges and skepticism surrounding decentralized technologies.

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