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From Web1 to Web3: Why Are We Here? | Matt Cutler

Bankless

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Economics and Evolution of Web3

This chapter examines the significant financial investment and evolution within the Web3 landscape, reporting on the $5.2 billion in fees and the transformative changes in Ethereum gas fees. It underscores the critical importance of addressing foundational challenges and draws parallels between the historical internet evolution and the current state of Web3, encouraging proactive engagement to reshape public perceptions.

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