June 14, 2022
Months after stepping down as CEO of Twitter, Jack Dorsey has announced that he will now be creating Web5.
This platform would be a decentralized platform that would run on Bitcoin and effectively render Web3 obsolete.
Dorsey made the announcement on Twitter with the statement:
"this will likely be our most important contribution to the internet. proud of the team. web5
(RIP web3 VCs 🤫)
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