Yes, Web3 apps are under scrutiny.

The rise of decentralized applications (dApps), also known as Web3 apps, has been a recent journey of innovation. From blockchain-based social media platforms to non-fungible tokens (NFTs), the Web3 ecosystem has been moving in the right direction. However, there have been some obstacles on the road, and they seem to persist. The future of Web3 apps is under scrutiny due to recent restrictions imposed by some of the biggest tech companies, making it more difficult than expected to launch on app stores. Nonetheless, emerging Web3 companies are quick to adapt to feedback.

One of the biggest challenges facing Web3 apps is the difficulty of reaching a wider audience. For instance, Apple’s App Store has a strict policy that only allows apps meeting its guidelines to be listed. This has made it difficult for Web3 developers to get their apps in front of iOS users, limiting their growth potential. Additionally, some of the most innovative and exciting Web3 apps have been banned from app stores altogether due to security reasons, causing frustration among Web3 developers.

Social media platforms have also imposed restrictions on Web3 apps. Meta, the social media giant, had restricted ads related to cryptocurrency and blockchain technology, including NFTs, thus limiting the ability of Web3 developers to promote their projects on one of the largest social media platforms in the world. However, despite these restrictions, optimism about the future of Web3 technology remains intact, especially with the constant flow of opportunities combined with the adaptations in technology and protocols to bypass them.

Furthermore, the rise of decentralized app stores, such as OpenSea and PancakeSwap, has given Web3 developers new avenues to reach users. These app stores operate on blockchain technology, allowing for a more decentralized and transparent approach to app distribution. The Web3 ecosystem is constantly evolving, with new developments and technologies being introduced all the time. This means that Web3 developers are able to adapt and innovate in the face of challenges, ensuring that their technology remains at the forefront of innovation.

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Although restrictions may make it difficult for Web3 apps to grow, the resilience and innovation of Web3 developers means that they will find ways to overcome these challenges. Web3 developers could also seek to partner with emerging companies and technologies to reduce these restrictions, while also benefiting and providing a longer-term solution that adds value. Increasing people’s knowledge around Web3 could significantly benefit the community, making developers and emerging companies feel safer and more confident, while users would also benefit greatly when navigating the more daunting aspects around restrictions.

With the emergence of decentralized app stores and the continuous development of new technologies, the Web3 ecosystem remains a promising and exciting area of innovation. As we move towards a more decentralized and transparent internet, the potential of Web3 apps will continue to be realized, transforming the way we interact with the digital world, despite the obstacles that may arise. The only challenge is to find a solution.

Ilias Salvatore is the news correspondent at Flooz Trade – the simple platform to buy, trade, and track crypto with real-time data and alerts.

This article was published through Cointelegraph Innovation Circle, a verified organization of senior executives and experts in the blockchain technology industry who are shaping the future through the power of connections, collaboration, and thought leadership. The opinions expressed do not necessarily reflect those of Cointelegraph.

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