Over the past year, we've seen an incredible combination of talent and capital flow into the Web3 ecosystem. From this, has emerged massive innovation in the underlying technology stack, as well as consumer-facing applications that are disrupting money, finance, and even the internet itself.
crypto fund in October. In addition, larger and well-established funds like Tiger and Sequoia, which had historically shied away from crypto, are aggressively entering the market through late-stage equity.... [+]As more institutional capital flows into the Web3 ecosystem, expect valuations to get bid-up and competition among VC funds to intensify.
Where do we go from here? The Web3 ecosystem is currently a melting pot of talent and capital . Combine that with a new technology primitive and you have all of the ingredients required for an explosion of innovation and value creation. As decentralized technologies and applications mature, and tailwinds such as metaverse adoption kick in, mainstream consumer adoption of Web3 will become inevitable.
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