At Blockchain Week, Web3 Takes Center Stage Over Crypto Prices
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Crypto prices and "blockchain" took a backseat to discussions of Web3 and new concepts at Korea Blockchain Week in Seoul.
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Definitions of Web3 varied, from a new internet to evolutions of crypto tokens and NFTs tied to social cultures.
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Speakers like Vitalik Buterin discussed technical aspects like improving Ethereum node decentralization. Justin Sun highlighted Tron's growth.
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NFT creators stressed retaining current users over attracting new ones amid the market slump. DEX developers want to improve order books.
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Crypto businesses see Asia as a growth center due to favorable regulations. But some non-crypto locals remain skeptical of the space.