The relationship between Web3 and crypto is a symbiotic one. Each technology relies on the other to function correctly. Crypto is used to secure and verify transactions on the blockchain. At the same time, Web3 provides the necessary infrastructure to make these transactions possible. Domenic Carosa and Dan Schatt, executives of DeFi startup Earnity want to use this to its full potential. In 2014, one of the co-founders of Ethereum coined the term Web3 to pertain to anything relating to the next generation of the internet — and it is a decentralized digital platform. Individuals who support Web3 believe that…
Domenic Carosa and Dan Schatt of Earnity and Web3 and Crypto
