Scalable, Fast, & Low Gas Fees Web3 Blockchain
Micro cap project (under $5M) in the Web3 infrastructure sector
Hey everyone,
it’s Pick Day!
Every Saturday, you get deep dives on quality Altcoin projects that have numerous growth potential included in our watchlist.
Let’s dive in!
Web3 represents the next phase of the internet, one that is decentralized, user-centric, and built on blockchain technology.
The Web3 ecosystem, which includes cryptocurrencies, DeFi, NFTs, DAOs, and dApps, is set to grow by over 40% annually by 2030.
But, despite its enormous potential, Web3 now presents a number of challenges:
Friction → poor user experience and onboarding issues imply that many potential users do not feel safe visiting the space.
Utility → there are few applications that users find useful outside of DeFi.
Gas Fees → the high transaction costs make it prohibitively expensive for applications to take full advantage of blockchain technology.
Here lies the opportunity of today’s pick.
Our next pick is a Web3 infrastructure company focusing on providing tools to simplify interactions with the blockchain technology, aiming to bring 1 billion people into the Web3 economy by 2030.
Now let’s tell you which project we are talking about and share the full investment case with you: