Minimizing Risks With Blockchain Startups | HackerNoon

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'Minimizing Risks With Blockchain Startups' by DanDefimaster blockchain blockchainstartup

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As a result of these massive investments over the past decade, it is now easy and intuitive to conduct one's financial affairs through a few taps on the phone.

With Coinbase going IPO on Nasdaq, it's safe to say we are now seeing a second wave of blockchain/crypto-focused startups. Specifically, those that are geared towards building the infrastructure for Web 3.0. More developers than ever have turned their efforts toward Web 3.0, as demonstrated by the 250% increase in developers using theAs you may have noticed, the internet is more centralized than ever, revolving around half a dozen Big Tech platforms — Meta , Google, Twitter, Reddit, etc.

Web 3.0 based blockchain projects are the ones that investors should look out for. Presently, they range from decentralized file storage and cloud-hosting to decentralized video streaming and wireless networks . With specialized talent pools being so rare, VC funds would gain better results if they had a full grasp of blockchain startups' potential. After all, when pushing the envelope of new technology, throwing around cash in the hopes something will stick can only go so far. This is why funding must secure a comprehensive package — university to blockchain pipeline, alongside experienced and sustained financial support for executing the right ideas.

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