Web3 Isn\'t Just Crypto Casinos: Reclaiming the Vision Beyond Cryptocurrency
The narrative around Web3 has often been unfairly dominated by discussions of cryptocurrency and NFTs, sometimes even likened to "crypto casinos." However, Web3 encompasses a far broader and more transformative vision, moving beyond simple speculation and embracing true decentralization.
Many believe Web3 has failed to break through to mainstream adoption, hindered by issues like privacy. As Zachary Williamson, founder of [Company Name Redacted], noted, a lack of robust privacy solutions presents a significant obstacle. But leading figures within the Web3 space are actively working to reshape its trajectory.
Ethereum Co-Founders Leading the Charge: A Decentralized Future
It\'s crucial to remember that the core concept of Web3 predates the recent crypto frenzy. A decade after launching the Ethereum blockchain, co-founder Gavin Wood is maintaining his vision for a Web3 beyond cryptocurrency and creating a truly decentralised internet. Through Polkadot, the blockchain network he founded, Wood is pushing for a future where control is returned to users, not centralized entities.
Gavin Wood is not alone. According to the Ethereum co-founder, the current state presented “a great opportunity for us to share that Web3 is different.” This differentiation incorporates a wide range of elements, from decentralized autonomous organizations (DAOs) to innovative NFT use cases extending far beyond digital collectibles.
In a recent CNBC interview, Ethereum co-founder Joseph Lubin elaborated, saying that “a lot of value” was created in 2025. This value stems not just from financial gains but from the underlying infrastructure and potential of a truly decentralized web.
Divorcing Ethereum from Ether: A Necessary Step?
The close association of Web3 with crypto, particularly Ether, has led to concerns about centralization. During our interview at the Web3 Summit in Berlin, he shared his centralization concerns related to Ethereum and how we need to divorce Ethereum from Ether. This separation is seen by some as crucial to realizing the full potential of a decentralized internet.
Beyond Speculation: Real-World Applications of Web3
Web3\'s true value lies in its potential to revolutionize various industries. Amanda Cassatt is the founder and CEO of Serotonin, a Web3 marketing agency and product studio and president of Mojito, an NFT commerce suite spun out of [Company Name Redacted]. These are just a few examples of the innovative projects being built on Web3 technology, moving beyond simple financial speculation and creating tangible real-world applications.
Development work, launches, and [Event Name Redacted] on 10 de sept. de 2025 showcase the ongoing commitment to building a more decentralized and user-centric internet. A decade after co-founding Ethereum, Gavin Wood remains committed to his vision of a decentralized internet.
Don\'t let the "crypto casino" narrative define your understanding of Web3. Explore the diverse projects and applications being developed, and discover the potential of a truly decentralized future.