Odaily Planet Daily News Dominic Williams, founder and chief scientist of the DFINITY Foundation, said that it has reached the point where people are investing in snake oil. It's like "whoever has the best snake oil, I will invest because their marketing is better." He pointed out: "There is a lot of confusion nowadays, and people are just blindly following these narratives. I think this is the biggest challenge facing the industry right now." Williams believes that 95% of blockchains are "garbage" and the industry seems to care more about narratives than substance. The Internet Computer Protocol is the only "third generation" blockchain that can drive a new era of online interactions based entirely on the chain. (The Block)