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Ethereum Co-Founder: Why Crypto Has Failed | Gavin Wood

Empire

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The Hype Cycle of Crypto Innovation

This chapter examines the disillusionment in the crypto industry, focusing on the cyclical hype that often overshadows genuine innovation and utility. It critiques the misallocation of capital and questions the true value behind popular blockchain projects, emphasizing the need for a return to fundamental principles in Web3.

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