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Web3 Markets in Infancy, Viewed as 'Lottery' by Investors, Says Finance Veteran

Author: Content Editor
The co-founder of Orbitt, Artur Guliński, believes that Web3 markets are still in their early stages and many participants view them as a "lottery." He notes that meme tokens have significant influence in blockchain ecosystems and this sets Web3 traders apart from those in traditional financial markets. However, Guliński also observes a growing number of Web3 traders transitioning to long-term strategies, indicating a maturing market. He cautions against relying solely on scam-checking tools and emphasizes the importance of skepticism and research. Guliński also discusses Solana's rise to prominence, its focus on performance and scalability, the reduction in security breaches, and the withdrawal of the U.S. Securities and Exchange Commission's request to classify Solana as a security. He advises crypto investors to educate themselves, be cautious during "meme season" hype, and surround themselves with credible sources and experienced individuals in the blockchain space. Guliński also discusses the recent "Permanent Delegate" exploit on Solana and the use of scam checkers to assess project legitimacy. He highlights the importance of cross-referencing information and conducting personal research. Finally, Guliński explains how Orbitt focuses on the Solana ecosystem by offering tools and services to empower traders and developers. The company aims to shape the future of the Solana ecosystem through the launchpad for high-potential projects and the development of new tools and solutions. Guliński concludes by noting the differences between Web3 markets and traditional markets, including a focus on short-term gains in Web3 and the community-driven nature of Web3 projects. He predicts a shift towards more informed decision-making and a more stable and sustainable ecosystem in the future.

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