Now that we are in a deep crypto winter, influencers and public figures are perpetuating a negative sentiment towards the crypto industry as a whole, labeling it as one giant scam operation. We take the liberty in explaining how not EVERYTHING in the crypto and web3 arena is being developed by scammers. A lot of what is interpreted to be scams are just projects that have good intentions looking to innovate and experiment, but simply are only able to prove a concept and not sustain their innovations for lengthy periods of time. This is due to the technologies of blockchain, NFTs, tokens, etc being so new, failure becomes a normal part of the growth and maturation of them. We also speak about AI and how it can be applied to spark a new crypto sector to evolve NFTs and DeFi.

Topics:

1. First up, we discuss why there are so many crypto scams in the space.

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