Alchemy's protocol specialist Jason Windawi answers some rapid fire questions from CoinDesk's Jennifer Sanasie about the biggest risks in Web3, explaining the next generation of the internet in simple terms and the real world use cases.
Jason are NFTS dead. They are absolutely not dead. We're seeing a lot of activity across traditional Nfts as well as new sort of enterprises using NFTS for loyalty and other programs. And so we're excited to see more of that in 2024. What's the biggest risk to Web three, regulatory risk in the US right now? How would you describe Web three to someone like my mom and the caveat is my mom has no idea what, like she cannot understand what I do. Uh Well, I think we all have that mom. Um We, how do we describe it, the ability to transact and do new things economically that you couldn't before using new technology? I'm gonna send this to my mom. How would you convince her of its importance? I would say to your mom if she's to think back on any time she's ever spent money internationally or had to deal with a bank where she, she wasn't able to do something or it took five days for a transaction to go through or ever had to deal with a system that, that caused delays like that. Um And where she didn't have control over her data or her own money that it would be worth taking a look. What sector do you think is ripe for disruption? Next traditional finance and supply chains?