Sam Kamani, VP of Growth at web3 tools maker Cookbook, said he was looking ahead optimistically despite crypto winter in the episode where we delved deep into the world of Web3 and decentralised autonomous organisations (DAOs).
“I’m not too worried, not too worried at all, even though I work in this space. I’ve seen, and I’ve lived through, at least three or four of these upswings and downturns. Every time in the downturn, the price is the same or higher than the previous high of the previous cycle,” Kamani said.
“There is one thing that is very different that has happened this time, that has never happened before: in all previous downturns, the number of developers building in this space would reduce. In this downturn, the number of developers building in this space went up. That was very interesting that it had a critical mass in the number of people creating solutions, and it has gone up significantly,” he said.
Cookbook aggregates and indexes smart contracts, providing building blocks for anything in Web3 using technologies developers are familiar with.
"Say someone wants to create their own token or a voting DAO, or any type of NFT, they can source a template and just copy from that and deploy in a few seconds instead of spending weeks," said Kamani, who also hosts “Web3 with Sam Kamani” podcast.
In the NatureBacked podcast of Single.Earth, we talk with investors and entrepreneurs about the new green world.
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