Utopia or Dystopia?

I think it will always be something in between. Web 3.0 or not.

I do see a great potential of blockchain tech improving people's lives and giving the power back to people over their data, internet & financial activities. When it comes to blockchain & internet I still see a couple of important things neglected or not actively pursued.

1. True privacy and control over data.

Web 3.0 can offer an Internet where one is in control of his or her own data.

It can but how viable is it? Just making data public and immutable doesn't offer a true solution. I think cryptography can/will offer if all user data is encrypted and can be decrypted by the user or by permissions the user gives to others to view.

k.im doing something similar where user content is encrypted and content consumers will need to pay to view the content. Not a full solution, but one piece of it, in my mind.

1. Content consumers.

There are roughly 4.3B people on the Internet. Somewhere around 4.295B are using centralized applications without much knowledge outside of that.

Well, I think because most projects are not user-centric and do not focus on the majority of internet users, who are the content consumers. Centralized companies manipulate content consumers and make a ton of money off their attention. Even decentralized blockchain projects like Steem have been neglecting the content consumers. Steem rewards authors, curators, investors, and witnesses. But not your average content consumer.

Majority of the internet users are not content producers, they are consumers. Figure out how to give control back to the consumers, then we will have a winner.

Ned had a vision in the past, which has been abandoned. Watch 1:08-1:32 of the video below to see what I mean.