Polkadot founder gavofyork says Web3 is outgrowing crypto. This is where he says it's going.
Wood also explained the advantages of Web3 being thrust into the limelight as a concept that refers to the next stage of the internet’s evolution:
“The rise of the term Web3 is encouraging because it means that people are seeing this underlying technology feed into different applications — the ones they didn’t necessarily expect [...] It’s no longer about Bitcoin, it’s no longer about crypto, it’s no longer about smart contracts just, it’s no longer about DeFi. It’s like we are starting to understand that this is a broad platform for building new kinds of services [that] Web2 just couldn’t.
“Build, a lot,” he said. “Most of Polkadot was built in the bear market that was around between 2018 and 2021 [...] The numbers don’t need to be high to do that [...] You don’t need to raise tens of millions for your white paper to do that.”
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