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Monday 23 March 2026
Technology | July 24, 2024 | BitBulteni

The Solution to the Fragmented World of Web3: CryptoSlam's SlamNet Project

The Solution to the Fragmented World of Web3: CryptoSlam's SlamNet Project

CryptoSlam founder and CEO Randy Wasinger thinks Web3 has become too fragmented for developers and users and plans to solve this problem with a new platform. While the Web3 ecosystem remains fragmented, a new collaboration between industry leaders aims to solve this problem and improve existing infrastructure in the crypto space.

On July 22, Web3 data provider CryptoSlam announced SlamNet, a project in collaboration with Animoca Brands and other contributors. This collaboration will be in collaboration with NFT insight platform Animoca Brands and other contributors, with other contributors to be announced later.

In an interview with Cointelegraph, CryptoSlam founder and CEO Randy Wasinger discussed the platform’s vision and how it aims to “bring the industry together.” Wasinger argued that the crypto space is increasingly fragmented.

In the early days of the internet, there was a “world of opportunity” for builders to create a website that was instantly available worldwide, the executive said.

But Wasinger thinks that’s not the case for Web3. They are forced to choose between different platforms, and when they do so, they “isolate” themselves from users of other ecosystems, the executive said. Wasinger explained:

“If you choose Solana, Polygon, Cardano or Flow, you are instantly isolating yourself from a subset of users, and this requires you to make a bet on technologies and ecosystems that developers did not have to put into place when the internet exploded.”

The administrator suggested that the situation was the same for users. Users who join Web3 through a platform will “have to learn something new” when they want to step into the broader Web3 world, Wasinger said.

Wasinger thinks this friction is holding people back from adopting Web3. “These were obstacles we didn’t experience in the late nineties and early two thousandths, and that’s why Web1 has been so much more successful. “If we can remove those barriers, I think that is key to mainstream adoption,” he added.

The founder of CryptoSlam said that their goal with SlamNet is to bring the ecosystem together, not to further fragment it. He explained:

“We’re launching a new ecosystem, but what we’re doing is bringing the industry together rather than fragmenting it further. We call data the fuel of Web3. “We take this data and make it easily accessible to the public so developers and end users can access it.”

The executive stated that this “simple, unfragmented experience” was their vision for SlamNet. According to Wasinger, the SlamNet ecosystem aims to bring together different platforms through a community-owned and industry-owned data platform.

Wasinger also said that they are not trying to compete with other Web3 ecosystems, but to complement existing platforms.

“We, on the other hand, will be complementary with this because this is not an app or a community built around an app, but an ecosystem that others can build apps on top of,” he added.

Tags: CryptoSlamWeb3SlamNetAnimocaNFTKriptoBlockchain

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