Billionaire real estate developer Frank McCourt took aim at “dodgy cryptocurrencies and silly NFTs” for spoiling the narrative around blockchain. McCourt noted that his own project, open internet protocol DSNP, was not tokenized. Blockchain has the potential to “fix the internet,” he said. McCourt, who in 2022 stepped down as CEO of real estate firm McCourt Global to focus on his non-profit Project Liberty, took to the stage at Web Summit to unveil a manifesto for a “better web”. McCourt argued that big tech and social media platforms have done “profound damage” to society, creating a “techno-capital engine, incentivized to stalk, manipulate, and prey upon people”. McCourt added that DSNP has already migrated over 170,000 users of Web2 social media platform MeWe to its protocol, and expects the number to hit 300,000 by the end of the year, and over a million by the end of Q1 2024. This is good news for those seeking more control and transparency over their data and the way it is used on the internet. #DataRights #DecentralizedSocialNetwork #FrankMcCourt #ProjectLiberty

You can read more about this topic here: Decrypt: Billionaire Frank McCourt: ‘Dodgy Cryptocurrencies and Silly NFTs’ Have Spoiled Blockchain’s Narrative

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