Building Web3: Reinventing the Internet? - TOKEN2049 Singapore 2022
Explore the dynamic landscape of Web3 in the engaging TOKEN2049 Singapore 2022 panel, "Building Web3: Reinventing the Internet?" as industry experts Santiago Roel Santos, Alex Pak, Joey Krug, and Dovey Wan delve into the current state and future of the decentralized web. Set against the backdrop of a challenging "crypto winter," the speakers discuss the impact on Web3, identifying that bear markets provide opportunities to refine infrastructure and develop scalable solutions, critical for the next wave of mass adoption.
Santiago emphasizes the emerging killer use cases, such as decentralized finance (DeFi) and NFTs in gaming, drawing parallels to the transformative "email moment" of the internet. Joey highlights advancements in infrastructure, enabling decentralized apps to overcome scalability limitations. Meanwhile, Alex presents a dual narrative: despite financial downturns, real-use cases continue to gain traction, demonstrating promising resilience in the crypto ecosystem.
Dovey challenges the term "Web3" itself, underscoring the significance of crypto-native innovation as a socio-technological movement, distinct from simply being an extension of the internet. She promotes the burgeoning potential of anonymous development, a sector fueled by crypto's unique advantages in a world of increasing regulatory scrutiny.
The panel offers profound insights into VC fund behavior, highlighting a shift towards smarter capital in a space ripe with transformative potential. As they explore promising sectors, including gaming and decentralized insurance, the speakers collectively paint a picture of a frontier poised for significant breakthroughs.
Join us in this compelling discussion that navigates the intersections of technology, finance, and innovation within the Web3 landscape. If this content resonates with you, please like, comment, and subscribe for more thought-provoking conversations.
