3min chapter

Web3 Talks: Stories & Tips from the Builders cover image

#42: Stefan George, Co-Founder & CTO @ Gnosis | The OG team, which created Safe & CowSwap and has been building on Ethereum since 2014, working on the #2 most decentralized chain in the space

Web3 Talks: Stories & Tips from the Builders

CHAPTER

The Challenges of Web Free Crypto

The whole space is very driven by speculation which drives always a lot of resources in and then eventually out again in the bear markets but I think this kind of yeah leads to also issues where like results are definitely not effectively allocated especially crypto you see so many projects doing the same thing. It's really hard to collaborate because or like let's say consolidate the market which I think would be actually needed in order to drive progress faster. Right now it seems unlikely because everyone sits on so very high valuations and which makes it just kind of hard to to cooperate sometimes. So if you look at how it sees investing they're still investing mostly infrastructure projects like another layer to or like another middle layer protocol,

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