By Romain SWERTVAEGER and Pierre-Yves AMÉ, EY Luxembourg *
Article publié en couverture de notre édition de novembre 2023 ce jeudi
An impressive rise followed by more reasonable growth
Undoubtedly 2021 and early 2022 have seen the rise of Web3 – the third generation of the world wide web, open and decentralized – and funds dedicated to it, with investors putting around 94 billion US$ worldwide into Web3 projects(1), most of this since 2021.This was pushed by several factors.
First one being the democratization and use of the blockchain technology beyond the cryptocurrency world, as Web3 is based on a...
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