Matt Cutler, the founder of Blocknative, shared his rich experience in building internet businesses over the years, drawing connections between the early internet and today’s Web3 landscape. He points out that although Web3 is currently grappling with issues like high gas fees and regulatory uncertainty, it holds incredible potential to transform financial services and tackle global challenges such as climate change and income inequality. Cutler urges innovators to address both the appealing and less glamorous problems, stressing the need for solid foundational infrastructure and a more positive public image for the industry.