jakiro
author:hitesh.eth,Compilation:Block unicorn
We have digital planets: Web2 and Web3.
The planet Web3 is quite novel – it was originally established by pioneers who believe in decentralization, freedom and autonomy.In its earliest days it was a wild, unexplored land, with no rulers, only builders.
But then, a bridge between Web2 and Web3 was established.At first, only a few capitalists from Web2 arrived, attracted by the original potential of this new world.They observe, analyze their terrain, understand their rules, and identify the most valuable territory.
Bitcoin Block Space
The first wave of large-scale colonization began with Bitcoin, the most precious country on the island of Web3.This is a scarce piece of land with clear ownership and power belongs to those who understand its basic principles.
But once the first settlers controlled and secured their wealth, they began to expand.They see that Web3 is much more than Bitcoin.There is also vast, unclaimed land waiting to be shaped.Soon, they began to surpass Bitcoin and build new territory—Ethereum, Solana, Polkadot, and countless other places.
As more land is discovered, the race to divide new countries intensifies.At first, block space was scarce.The earliest blockchains operated under strict restrictions—every transaction requires a location, and there is not much space.This scarcity gives block space great value.Having even a small piece of space means having a seat in the new digital economy.But as competition intensifies, innovation follows.
ETH transaction visualization
More efficient ways to create block spaces have emerged.Layer 2 solutions, Rollup, Copy Chain – each brings a lot of new land to the Web3 planet.The once rare goods have become richer.
Builders no longer fight for limited space; instead, they create endless new lands to meet growing demand for settlement.But the flood of block space has brought unexpected consequences.
Things that once precious become cheap.The cost of storage transactions—who was a key economic force—is now plummeting.The promise is that cheap block space will attract millions of new settlers from Web2, but the reality is different.
People in Web2 hesitate.
They have heard of treasure hunters taking the risk into Web3, tempted by the promise of wealth, but being swallowed by their predators.Some Web2 residents did make a migration, drawn to the story of getting rich overnight.
They entered Web3, hoping to gain a place in the new economy.Many people start by purchasing small plots of land—various tokens, each of which promises future value.They trade, speculate, build businesses, and believe they are in the early stages of the next great revolution.
But they did not realize that Web3 had long been constructed by its earliest settlers and the most powerful capitalists.Although the rules of the game have not been written clearly, the people who control this land know it well.As more people on Web2 migrate, they are unconsciously stuck.The complexity of Web3 is daunting.
There are too many new countries, too many different rules, and too many scams pretending to be opportunities.Big players control information flow, manipulate markets, raise value, and pull the carpet off the feet of unsuspecting settlers.
The planet Web3 becomes a playground for those who know how to extract wealth from the ignorant.Even though block space is cheaper than ever, adoption is still slow.The dream of mass migration from Web2 to Web3 is shattering.
The creation of new lands promises a seamless user experience, but they never reach the familiarity and convenience that Web2 offers.The extra promise of quick motivation is not enough to attract people – people on Web2 see too many companions being hurt.
They watched the entire country within Web3 rise and collapse overnight, watching wealth gain and lose in the blink of an eye.Ordinary people are hesitant and cannot see through the chaos.However, amidst the turmoil, a prosperous trading market emerged.
Web3’s real estate—tokens—has become the lifeblood of its economy.Everything is for sale.Each country has its own property, unique assets and commitment to future value.The trading grounds are open endlessly and operate around the clock, driven by speculation, manipulation and greed.
Some countries have prospered temporarily and then declined as attention shifts.New land is minted every day, sold to the highest bidder, and then flipped shortly to make a profit.This cycle never stops.And while settlers struggle, the real beneficiaries of Web3 thrived.
The bridge operator—the exchange—has become the gatekeeper, controlling the flow of assets between Web2 and Web3.
They make profits every time someone enters or leaves.Market makers—those secret forces that manage liquidity—make sure no transaction is overlooked, drawing their share from each transaction.Developers continue to build, not necessarily for innovation, but for creating more land for sale.And what about marketers?They weave stories, create narratives, and sell dreams to the next wave of hopeful settlers.
The dark side of Web3 is that it is no longer truly decentralized.Early ideals of free and open digital frontiers have been replaced by the cold reality of capital.The game is manipulated.
Those forces that dominate Web2 have also penetrated into Web3.Not only did they settle down, they also reshaped the planet to meet their needs.As a result, the Web3 planet continued to expand and became a frontier of endless digital land, speculation and fleeting opportunities.
The dream of truly decentralization still exists, but for most people, it is just a dream.The settlers still come, hoping to get rich, but in the end, most people have less when they leave than when they arrive.
Meanwhile, those who have mastered the system continue to extract, build and control to ensure that the planet is still shaped by them.
