#general
Thread

It looks like big companies are trying to get into Web3 even though my understanding of Web3 is to stop companies like Google or Facebook being gatekeepers. What's the general reception of any company trying to get into the Web3 space? Are they welcomed, shunned, or something different?

@Adam Rogers I think it depends on how they do it.
They meet resistance if the approach comes from a place of FOMO or hype. Mostly because the community they'll likely attract are the so-called "degens" that are s host of characters that are simply looking to gamble, troll, and prey on the wild west nature of the space.
But if a company takes the time to author a good whitepaper, think through their tokenomics (if applicable), have a plan, a strategy, etc... it's not hard to find extremely talented and passionate technologists, creatives and supporters. And they'll rally around a project!