Web3: The Gentrified Carnival?
Defining Web3: A Guide to the New Cultural Economy
ISBN: 978-1-83549-601-5, eISBN: 978-1-83549-600-8
Publication date: 1 July 2024
Abstract
Web3 reflects and instantiates the “ludic turn” of the last few decades, where identity is increasingly forged through play and games rather than through work. The ludic is especially evident in the Bitcoin ecosystem, where the elements of the carnivalesque – play, anarchy, dissimulation, vulgar language, and excessive consumption – are pervasive. These elements may also be divined in Web3, though they are less ubiquitous, which suggests that Web3 is perhaps best seen as a gentrified carnival.
Keywords
Citation
Kavanagh, D. (2024), "Web3: The Gentrified Carnival?", DuPont, Q., Kavanagh, D. and Dylan-Ennis, P. (Ed.) Defining Web3: A Guide to the New Cultural Economy (Research in the Sociology of Organizations, Vol. 89), Emerald Publishing Limited, Leeds, pp. 147-154. https://doi.org/10.1108/S0733-558X20240000089013
Publisher
:Emerald Publishing Limited
Copyright © 2024 Donncha Kavanagh