Why We'll See More New Types of Web3 Apps in the Next Year
Tom Tunguz
AUGUST 29, 2022
Since then, the fourth crypto winter has dropped snow atop web3, but the revenue decline isn’t equal across web3 software. In January, L1s (blockchains) generated 78% of revenue across public web3 projects. In the past, NFT applications drove most of the revenue at the expense of volatility.
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