Why Europe Will Continue To Lead In Global Web3 Development.
02 May 2022, 08:00
Why Europe Will Continue To Lead In Global Web3 Development
Ten out of the top 30 web3 cities around the world are based in Europe and this proves that the region is quickly becoming dominant in web3 tech. Massive funding inflow to European-based web3 startups is also a major factor in this dominance according to a European venture capital firm Rockaway Blockchain Fund in recent statements ahead of their Gateway to Cosmos Conference and Hackathon web3 event in Prague.
Among the web3 fields expected to experience massive expansion in the region include cryptocurrency, DeFi, and NFTs in addition to artificial intelligence, IoT, and machine learning.