In business and technology world we are witnessing very exciting times where Web3 technologies are revolutionizing traditional business and organization models. Many companies are in rush to build decentralized editions of their products and services by using blockchain powered Web3 technologies such as NFTs, cryptocurrencies, smart contracts, DAOs, dApps, and the Metaverse.
The most prominent factors limit Web3 adoption are the lack of:
- Innovative use cases that bring Web3 to the masses
- Knowledge of leaders and product teams about Web3 technologies and concepts
- UX practices to build easy to use solutions for non- crypto-native, average internet users.