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Explore a skeptical perspective on web3, NFTs, and smart contracts in this 47-minute conference talk from NDC Oslo 2022. Gain a high-level understanding of blockchain technology and learn why web3 is unlikely to replace web2 in the near future. Discover the inner workings of smart contracts through a practical demonstration of developing and deploying a simple contract, with explanations of the behind-the-scenes processes during user interactions. Delve into the realities behind the hype and scams associated with these emerging technologies.