Achieving mainstream Web3 adoption is a key goal for the blockchain community.
We believe strongly in the revolutionary power of this technology, but how do we share its potential with the world? There is no one-size-fits-all solution, so blockchain advocates need to tailor their sales pitch to different audiences in order to kickstart mass adoption from the ground up.
On one hand, the lack of clear crypto regulations in countries such as the U.S. remains a major hurdle. The legal gray area around Web3 currently limits the amount of overall investment activity. While constituents in the U.S. can call their representatives and urge them to pass common-sense laws around cryptocurrency, what else can people around the world do to push the blockchain world forward?There are actually many areas where Web3 supporters can make a difference.
Grants and hackathons are also important. These events can present a perfect opportunity for promising young coders to show off their talents and secure some funding. Make sure to provide meaningful prizes so that if a hackathon participant delivers a promising minimum-viable-product, they can tap into the resources necessary to continue working on their idea. Overall, a modest investment in community builders can pay dividends down the road for the growth of Web3.
Crypto veterans need to help support and educate new businesses with the experience and know-how needed to succeed in this exciting decentralized world. To keep overhead costs down, Web2 businesses should explore streamlined and audited solutions from third-party contractors rather than developing their own blockchain products entirely from scratch.The public also needs education and user-friendly solutions in order to widely adopt blockchain technology.
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