BlockBeats news, on September 29, CryptoQuant founder Ki Young Ju posted on the X platform that cryptocurrency and Web3 are not scams under good supervision. Web3 achieves borderless collaboration through tokenized incentives, functions more like a “protocol” than a “company”, and will completely change the model of human cooperation. Despite the fraud of Web3, the huge potential of blockchain technology should not be obscured. He called for smart regulation to transform Web3 into a stable and trusted space, and emphasized that politicians’ attention to cryptocurrencies is crucial to promoting regulatory progress.
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