Fineqia’s CEO, Bundeep Singh Rangar, emphasizes the importance of Web4 in driving the mass adoption of Web3, according to a recent interview with Cryptonews. Rangar believes that while Web3 is focused on technology, Web4 shifts the focus to understanding market needs and creating products that appeal to consumers.
Rangar highlights the significance of prioritizing product development for mass appeal in order to achieve widespread adoption. He stresses the importance of using the right mix of tools to build useful products that cater to a broad audience. This approach sets Web4 apart from existing layer-1s and layer-2s, which often lack practical usage despite their large market caps.
As the co-founder of Fineqia’s Glass Ventures, Rangar is actively involved in VC investments in early-stage Web 3.0 and Web 4.0 companies. With a background in finance spanning over two decades, he has facilitated significant financing for companies in the UK, Europe, and India.
Glass Ventures is particularly interested in the convergence of artificial intelligence and blockchain, viewing it as a catalyst for new product developments. Rangar also highlights the potential of real-world asset tokenization and the gaming sector in driving value transfer and aligning with cryptocurrency principles.
Rangar also discusses the importance of intuitive crypto interfaces for driving mass adoption. He notes that the rise of institutional investors in crypto has led to the emergence of new trading platforms with user-friendly interfaces. Simplifying user interfaces is crucial for wider adoption in Web3, as it allows for easy buying and selling of various crypto products.
Overall, Rangar emphasizes the importance of focusing on consumer needs and product development in driving the growth of Web3 and Web4. Through strategic investments and advancements in technology, the industry is poised for continued growth and innovation.
