Nischal Shetty, founder, and CEO of WazirX in his recent tweet said that while Silicon Valley debates on Web2 and Web3 ownership, the rest of the world looks at Web3 with a new hope. For the first time, Web3 has brought an opportunity for YOU to participate irrespective of your clout in the valley. You don’t need to ‘know’ anyone to participate.

https://twitter.com/NischalShetty/status/1478289938428960770

<a href="https://www.cryptoknowmics.com/news/wazirx-ceo-on-whether-web2-to-be-or-web3/">Shetty</a> believes that Web3 iteration will see incredible innovation in the creative economy, which might explode as a "new renaissance of entrepreneurship" in 2022. Despite the regulatory uncertainties, Web3 firms focused on cryptocurrencies, <a href="https://www.cryptoknowmics.com/news/samsungs-latest-line-of-smart-tv-supports-nft-trading/">NFTs</a>, <a href="https://www.cryptoknowmics.com/news/when-nft-meets-defi-doors-of-monetization-open-for-nft-owners/">DeFi</a>, and other topics should gain traction, with VCs seeing these startups as the drivers of the next version of the web. Antler India, an early-stage venture capital firm, has committed to investing and deploying $100-$150 million in over 100 Indian entrepreneurs over the next three years. The <a href="https://www.cryptoknowmics.com/news/hm-dispels-rumors-of-a-metaverse-store-and-collaboration-with-ceek/">Metaverse</a>, DeFi, and NFTs will co-author the next web edition in Web3 platforms, which Bill Gates claims will be the location of our work meetings in a few years.

WazirX's Nischal Shetty on the Upcoming Web3 Economy

Shetty believes that Web3 iteration will see incredible innovation in the creative economy, which might explode as a "new renaissance of entrepreneurship" in 2022.

Prabhjeet Bhatla is a cryptocurrency writer covering startups and a researcher since 2020. She has authored many articles for Entrepreneur India and APAC (digital and print) on cryptocurrency and ever-evolving Blockchain, the technology behind Bitcoin, and other cryptocurrencies. She specializes in applied cryptography, privacy-enhanced information storage systems, anonymous cryptocurrencies, elliptic curve crypto-systems, and satellite television piracy.

WazirX's Nischal Shetty on the Upcoming Web3 Economy

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