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NFT Studios
@nft-studios
๐Ÿ›‘ The Current State of Web3 ๐Ÿ›‘ Over the past years, the Web3 space has birthed thousands of projects, digital art collections, and dApps, promising a decentralized future and true ownership. But it's not all that simple ๐Ÿงต๐Ÿ‘‡
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NFT Studios pfp
NFT Studios
@nft-studios
Building innovative, viable, and user-friendly Web3 projects demands extensive experience in smart contract development and a deep understanding of blockchain architecture, logic, and security โ›“๏ธ๐Ÿง  This high technical threshold and a huge barrier to overcome ๐Ÿšง
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NFT Studios pfp
NFT Studios
@nft-studios
That leaves us with a critical situation. Today, the adoption of #Web3 technology and the launch of innovative projects is largely penalized by ๐Ÿ‘‡
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NFT Studios pfp
NFT Studios
@nft-studios
COSTS ๐Ÿ’ฐ The high costs are a major hurdle. Senior Solidity developers earn between $100K and $200K annually. Launching an NFT project with complex dynamics can easily exceed $100K in costs. ๐Ÿ’ธ
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NFT Studios pfp
NFT Studios
@nft-studios
DELAYS ๐Ÿข Development delays are common. Complex Web3 projects often take many months to develop, delaying time-to-market and innovation. โณ
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NFT Studios pfp
NFT Studios
@nft-studios
ACCESSIBILITY ๐Ÿ‘ฉโ€๐Ÿ’ป Accessibility remains an issue. There are still relatively few developers with the necessary skills to build secure and scalable Web3 projects.
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