Kyle Samani said Web3 is dead, adding that DeFi and DePIN are the only major crypto sectors left with a clear role.
Summary
- Kyle Samani said Web3 is dead, naming DeFi and DePIN as crypto’s remaining core sectors.
- Eli Ben-Sasson said crypto faces identity pressure as institutions enter while longtime crypto OGs leave.
- Recent reports show DeFi, DePIN, and tokenization still draw broad market attention globally.
“Web3 is dead. All we have is DeFi and DePIN,” Multicoin co-founder Kyle Samani said in a post on X.
The comment came in response to a wider debate started by StarkWare CEO and Zcash co-founder Eli Ben-Sasson. Samani’s remark framed Web3 as a fading…
