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May 23

Web2 Giants Entering Web3: Challenges and Observations

In recent years, with the rise of Web3, we have seen some Web2 giants, such as Google, Facebook, and Amazon, which have dominated internet development for the past few decades, enter the Web3 space. For example (the following cases are from Gemini): Google has created a Web3 division to provide infrastructure services for blockchain developers. Facebook changed its name to Meta and is betting on the metaverse and Web3 gaming. Microsoft has invested in blockchain startups and is developing its...

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