Giddy was on location at Consensus 2023, one of biggest crypto events of the year.
Here are our five biggest takeaways:
1. Crypto is embracing its role as Finance 2.0. Token market caps may be down, but actual Web3 usage is up. Where many see only the price of Bitcoin, the reality at Consensus reflected crypto's all-time high active addresses, developer activity, and real-world usage.
2. The Fortune 500 want to get into Web3. Major Fortune 500 brands such as Salesforce, Anheuser-Busch, and PepsiCo discussed roadmaps and challenges in embracing the blockchain.
3. But the U.S. regulatory quagmire is still problematic. Even during a friendly panel, two former regulators from the SEC and CFTC couldn't agree on the best way forward for crypto. All signs point to another six weeks of regulatory winter.
4. New changes on the horizon. Senator Lummis (R-WY) spoke toward new legislation that could be the first real foothold for crypto in the U.S.
5. Hope springs eternal. The underlying theme at Consensus was "how" and "when", not "if" for mass adoption of Web3.
Tap the link below for a full read of our major takeaways from Consensus 2023!
https://giddy.co/blog/giddys-top-5-takeaways-from-consensus-2023/
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