Ethereum's Vitalik Buterin Highlights Imbalance in Web3 Infrastructure Investment

Vitalik Buterin, co-founder of Ethereum, has expressed concerns about the imbalance in investment within the Web3 infrastructure sector.

According to Buterin, there is excessive investment in certain types of infrastructure while others are neglected. He argues that investors are driven by a desire to feel good about their investments, leading them to fund projects that offer spillover profits, often referred to as 'the casino'.

This misallocation of resources, Buterin suggests, undermines the potential for genuine innovation and development in the Web3 space.

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