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Fortune 50s are building web3 teams; bear market is good for Akash

Akash Weekly - October 19th 2022 (Akash Network)

“I talked to several large Fortune 50 companies — all of them actually having dedicated web3 teams or are planning to have a dedicated web3 team. I think this bear market is going to be great for us overall, because it’s a lot less noise and a lot of the tourists left and it’s serious builders that have strong convictions stick, because there’s no more money.” — 00:38:41

Context: Reacting to the DoD adoption news landing during a bear market — “real adoption comes out in a bear market because you can actually focus on what is really happening.”

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