The lack of regulation in the Web3 space makes "mainstream adoption more difficult," says AGG's Jack Venigtrunget

According to Jack Fenigtrongt, co-founder and CEO of infrastructure company Web3 AAG, more potential users will be drawn to decentralized finance (defi) and non-fungible tokens (NFTs) if tools that help them avoid falling prey to scammers are developed and deployed. The need for such tools will become "even more important" if and when the much-talked-about widespread adoption of Web3 becomes a reality, Venigtrunget said.

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