‘Web3 Is Dead’ as This Is What’s Left: Solana Treasury Chairman Samani
The post ‘Web3 Is Dead’ as This Is What’s Left: Solana Treasury Chairman Samani appeared on BitcoinEthereumNews.com. What happened to web3? RWAs are more likely to capture the market Kyle Samani, chairman of Solana Treasury and co-founder of Multicoin Capital, made a direct statement about the current state of the DeFi and web3 industry in general. And things aren’t looking good. ‘Web3 is no more. DeFi and DePIN are our only options.’ Many market participants think there is at least some truth to the observation, despite the fact that it immediately caused controversy throughout the industry. Ripple Releases 1 Billion XRP, How Many Are Left? Another Shiba Inu (SHIB) Recovery Attempt, Bitcoin (BTC) Reaches ‘Oversold’ State, First Near Protocol (NEAR) Support Activation: Crypto Market Review What happened to web3? Web3 emerged as one of the most actively promoted narratives in cryptocurrency during the previous cycle. The concept was straightforward: social networks, gaming platforms,