Multicoin Capital Co-Founder: Web3 is dead, now we only have DeFi and DePIN left
Foresight News reported that Starknet co-founder Eli Ben-Sasson tweeted that the crypto industry is currently facing an identity crisis. On one hand, many long-term OGs are choosing to leave; on the other, institutions and TradFi are finally starting to pay attention—precisely the entities that crypto originally resisted. In response, Multicoin Capital co-founder Kyle Samani commented, "Web3 is dead, now we are left with only DeFi and DePIN."
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