Web3’s decentralized model offers global collaboration, surpassing traditional corporations.
Ki Young Ju highlights regulation as key to fostering trust and responsible Web3 growth.
South Korea enforces strict crypto laws to combat fraud, protecting investors and markets.
Ki Young Ju, the founder of CryptoQuant, believes Web3 has the potential to transform global collaboration on a scale surpassing even Google.
He argued that with the right regulations in place, Web3 protocols can create a trusted ecosystem where millions can participate and benefit from tokenized incentives. But, he cautions that government inaction, particularly in key regions like South Korea, could hinder Web3’s growth and adoption.
Crypto and Web3: Not a Scam, If Well-Regulated
Web3 enables borderless collaboration and value creation through token-based incentives, functioning more like a "protocol" than a "corporation."
This marks a revolution in the way humanity collaborates. While global corporations…
— Ki Young Ju (@ki_young_ju) September 29, 2024
Ki Young Ju acknowledged scams in crypto are a concern but believed proper regulation can make Web3 a trusted ecosystem. He stress…
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