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Vitalik Buterin: “Web3 infrastructure projects lack investment”

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17.07.2024

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According to him, investors are now investing heavily in some projects and not enough in others.

“It actually looks like this: people want to invest in 'casinos' but also feel good about themselves. So they're funneling capital into a lot of infrastructure startups that get a side profit from the casino. For any infrastructure, if it's not open source, it's not a good thing.”

Recall that in the winter of 2023, the programmer said that the current vector of development of Web3 infrastructure is worrisome because it is moving away from decentralization as its most important component.
Earlier Vitalik Buterin expressed the opinion that the Etherium blockchain should be ready for a probable 51% attack - new research is needed to create software to protect the network.