The original pitch for Web3 was seductively simple: an internet where ownership and value transfer would be as seamless as browsing a webpage. But as the technology has matured, the infrastructure has become the problem it was meant to solve. Developers spend more time managing infrastructure, debugging cross-chain incompatibilities, and navigating fragmented tooling than actually building applications. Enterprises interested in blockchain adoption face a patchwork of incompatible systems, unclear compliance frameworks, prohibitive integration costs, scalability bottlenecks, and a shortage of technical talent capable of bridging legacy systems with decentralised protocols.

This is the paradox at the heart of Web3's current moment. As adoption grows, so does the friction. Electric Capital'

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