Cointelegraph’s Joseph Hall interviewed Marieke Flament, the CEO of NEAR Foundation on the Paris Blockchain Week Sumit (PWBS) final week, discussing a spread of subjects such because the wrestle by institutional traders to know how they will take part within the crypto house.
Hall and Flament talked about how institutional traders are attempting to study crypto to know how they will enter the market. According to Flament, as extra Web2 firms get into Web3, different institutional gamers are compelled to consider what these occasions imply for his or her companies.
“We are seeing a very strong appetite from institutional investors to understand the space, to understand where they can participate.”
Flament additionally famous that regulation will play a really vital function within the decision-making of institutional traders. Because of this, the NEAR Foundation CEO highlighted that one of many agency’s priorities is how they may also help spearhead regulation for the crypto ecosystem. Flament defined that:
“We need to be more coordinated in having a voice for the industry and ultimately coming together with regulators.”
The NEAR govt believes that the intent of regulators to guard customers and companies is a really legitimate level, and she or he notes that the intentions of these within the crypto house are comparable.
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When requested what she is most enthusiastic about within the business, Flament expressed that she may be very impressed by decentralized autonomous organizations (DAOs). Flament talked about that because the “way we live our lives is just completely shifting,” DAOs will “reinvent how we participate into projects that matter to us.”
Sharing DAO use circumstances, Flament defined how SailGP, a crusing competitors, partnered with NEAR to let followers personal a staff via a DAO. Apart from this, the NEAR govt additionally shared how their Unchained Fund DAO helped raised funds for Ukraine.