Fellaz Whitepaper v1.0
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🥨 | Web2 is too centralized

Centralized control
Because web2 membership programs are controlled by a single entity, such as a company or organization, they are subject to the rules and policies of that entity. This can limit the flexibility and customization of the membership experience.
Vulnerability to security threats
Web2 membership programs are vulnerable to security threats, such as hacks or data breaches, because they are centralized, and the membership information and benefits are stored on a single server.
Limited access and management
Because a single entity controls web2 membership programs, it can be difficult for members to access their benefits or manage their accounts.
Lack of transparency
Web2 membership programs need more transparency, as it can be difficult for members to know exactly how their data is used or what benefits they are entitled to.
Inability to easily transfer or share membership benefits.
Because web2 membership programs are centralized, it can be difficult for members to transfer or share their membership benefits with others.
Dependence on a single organization
Web2 membership programs depend on the continued operation and success of the organization that controls them. If that organization were to fail or go out of business, the membership program would also cease to exist.
Limited ability to earn rewards or incentives
Because a single entity controls web2 membership programs, the rewards and incentives offered are limited to what that entity is willing to offer.
Limited interoperability
Web2 membership programs are often siloed and do not easily interoperate with other programs or systems. This can make it difficult for members to access their benefits or earn rewards across multiple programs.
Inability to easily verify membership status
Because a single entity controls web2 membership programs, it can be difficult for third parties, such as event organizers or retailers, to verify a member's status and entitlements easily.
Limited ability to innovate and improve
Because a single entity controls web2 membership programs, there is limited ability for members or third parties to innovate and improve the program. New features or benefits must be implemented by the controlling entity, which can be slow and inflexible.