Matt Cutler, the founder of Blocknative, shared his thoughts on how the internet has evolved and its connections to Web3. Drawing from his experience in launching five companies throughout different phases of the internet, he stressed the importance of a long-term vision when working with emerging technologies like Web3. Cutler pointed out the often-overlooked opportunities in Web3's infrastructure, especially regarding gas fees, and introduced Blocknative's Gas Network, a new initiative designed to enhance gas market efficiency. Ultimately, he conveyed that despite the current hurdles, Web3 holds the promise to transform financial services and tackle pressing global challenges such as climate change and AI safety, making it a venture worth pursuing.
