Web3 Developers Still Building Despite Crypto Winter

Despite the big decline in crypto prices, developers are stepping up their pace to build applications with blockchain technology, Jason Shah, a product manager at Web3 development company Alchemy, said Friday on CoinDesk TV’s “First Mover” program.“We see anything but a winter; we see all-time highs across all forms of development activity,” Shah said, noting that large internet players such as Facebook, Adobe and Stripe are making moves into Web3.Broadly, Web3 refers to a new iteration of the internet that is largely decentralized and incorporates blockchain and other new technologies.https://www.coindesk.com/tech/2022/10/21/web3-developers-still-building-despite-crypto-winter/

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