Bear Market Can’t Stop Web3 Developers From Building the Future
The ongoing crypto bear market has hit NFTs hard, with trading volume down 41% in Q2 2023 according to Alchemy. But despite this NFT slump, it’s not all doom and gloom for Web3. Nearly 6 million new smart contracts were still deployed last quarter across various blockchains. This shows that even amid the bear gloom, developers remain focused on building real utility and use cases to advance decentralized technologies.
According...