Disclaimer: I am affiliated with the project I am describing below. You have a stab at one of the most important issues within the space here. You are right, most projects either do not have any utility or they are so far up their idea and tech that they think it will produce value by itself. Unfortunately, most things end here. For most, this value will never surpass the simple value of "exchanging value" or "storin…
What problem does it actually solve? We already have web search it may not be perfect and certainly does not fit in with the ethics of some people and has many many other problems we could and should address. But factually we still have functional web search already. Its not a problem waiting to be solved with blockchain tech. So it looks like it does not solve a web search problem it solves a niche problem for cyper…
1) It is centralized
2) Your data is being used without your approval
3) Companies like Cambridge Analytica build on the semantics field and use it for economics, politics and other purposes. The fact that a semantics field is closed, leads to magnitudes of problems in almost all the fields of your life
4) You cannot search for anything freely. The internet was originally intended for the search of scientific papers, today this is not available. You might say. Hey, i don't nee it. Then its a bit hard to argue. You might not. But the reality is that its the most valuable database we have as humans, our knowledge, which is today projected not by scientific research, but by Wikipedia (owned by alphabet) and by companies like Cambridge Analytica, who build on the semantical field
5) Results aren't provable. At all. There is no proof for any root results - blockchain solves this
6) There are no incentives
7) Knowledge graphs are owed to 90% by one company, which means that the answers you're searching for. The knowledge you're acquiring today is 90% follows a black-box principle and has in it what you are lead to believe etc, etc, etc.
TBH, there are about 100 reasons why search should be changed and is crazy underlooked by a lot of people as a problem
This is the very tip of the iceberg. And Im glad you bring this up