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Book part
Publication date: 1 July 2024

Tara Merk and Rolf Hoefer

Like an online carnival, Web3 aims to turn the internet’s social order upside down. Unlike a carnival, Web3 wants to be more than a weeklong party and morph into a legitimate…

Abstract

Like an online carnival, Web3 aims to turn the internet’s social order upside down. Unlike a carnival, Web3 wants to be more than a weeklong party and morph into a legitimate substitute for the internet’s status quo. Web3’s secret sauce for upheaval is decentralized, permissionless technologies, in particular blockchain technologies. In this exploratory paper, we draw on the concept of institutional isomorphism to muse about Web3’s future and to highlight the inherent tension between striving to be different from Web2 yet wanting to become more legitimate. We argue that technical merits are hardly enough to realize Web3’s high aspirations. Regulatory pressures, rampant uncertainty, and the professional norms of Web3 participants drive the space to adopt many of the organizational structures and practices that it aims to displace. To maintain divergence from Web2, despite isomorphic pressures, we suggest that it is important to increase the overall diversity of people in Web3, to double down on the value of decentralization, and to reaffirm Web3’s commitment to creatively re-imagine various institutional arrangements.

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Defining Web3: A Guide to the New Cultural Economy
Type: Book
ISBN: 978-1-83549-600-8

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Book part
Publication date: 12 June 2024

Md. Wasiul Islam, Shakil Ahmed and Raisa Tasnim Mahin

Community-based tourism (CBT) is known as a strong strategy and tool to promote community development and conservation of natural resources through its various virtues in both…

Abstract

Community-based tourism (CBT) is known as a strong strategy and tool to promote community development and conservation of natural resources through its various virtues in both developing and developed economies. Local people's active and functional participation is considered as the focal point in CBT practice and development. However, their functional participation doesn't always come instinctively; rather, it requires proper extrinsic and intrinsic motivation in the form of both tangible and intangible, which ultimately help them to influence their behavior and pursuit of goals that may ensure their participation in CBT and to receive various benefits. These benefits are linked to the sustainability of CBT development including community development. Therefore, strategic CBT planning and its implementation are essential to ensure sustainable CBT which can also safeguard the link between the local community people and their guests as well as other stakeholders including internationals to facilitate local community development. This chapter focuses on various theories and concepts of motivation from various fields of research, and efforts have been taken to apply those in the field of CBT development to explore its optimum potential for the sake of human welfare. Moreover, attempts have been taken to use various CBT initiatives in Bangladesh to relate these theories and concepts to evaluate these initiatives as well as to provide some suggestive measures to improve the performance of CBT and to facilitate more community development as a whole.

Details

Strategic Tourism Planning for Communities
Type: Book
ISBN: 978-1-83549-016-7

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