Many of the people building web3 feel like the traditional web ecosystem has taken advantage of users and their data. While it benefits a number of businesses, data miners and even AI models, some see it as an overreach.

Some of the problems with the web that exists today, which some web3-focused people call Web 2.0, is it’s centralized, Tegan Kline, CEO and co-founder of Edge & Node said on TechCrunch’s Chain Reaction podcast.