To Web3 or not to Web3?

Image credit: Boston Consulting Group

Web3 is envisaged as the next iteration of the internet where decentralization is the order of the day.

All manner of products and services have been touted as candidates for improvement via Web3. But not everything needs it to run well.

To help figure out if it makes sense to use Web3 tech for new projects, products, or services, Boston Consulting Group has come up with the above decision tree.

Follow it to see if your product or service should be on the internet we’re all used to or if you should integrate it with the newfangled Web3.

This article originally appeared on Tibor Mérey’s LinkedIn page. It has been edited for clarity.