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Web3 at a Pivotal Crossroads: Exclusive Insights from Axia8’s Private Crypto Events
- Thought leaders met to discuss challenges in the health and crypto sector, with the concept of DeSci gaining traction.
- There is also a struggle to navigate environments where primary investments have stalled.
- CEXs embrace gamified and incentivised marketing tools for user registration rather than innovation.
- While many projects have aimed to build for Binance rather than customers, buzzwords like “consumer” and “revenue” have gained traction, presenting a challenge.
- A new energy from Web3 gaming innovators is building genuine games for the industry aiming to attract real gamers.
- Platforms Oh Gamers, Space Nation and E4C: Final Salvation aim to better align with genuine and authentic consumer needs.
- As sustainability becomes more of a key issue in the market, the next crypto cycle must align more closely with high-risk assets than ever before.
- The community must collectively seek solutions to issues in the industry.
- Distorted motivations lead to a lack of trust resulting in the winners being exchanges and institutional traders.
- As crypto moves from building a trustless world to becoming trust-less, further clarity on motives is needed to lay a foundation for a sustainable industry.
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