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2022 Year-End Report — Layer3
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Happy New Year from Layer3!
Introduction Happy New Year from Layer3! What a rollercoaster of a year it’s been. 2022 started with an unprecedented interest in web3 and crypto. As interest skyrocketed, we also saw a rising need to solve the most significant problems overshadowing the industry: scaling, identity, privacy, and adoption. These problems weren’t going to be solved overnight, but day by day, we chipped away together. Then came the collapse of Luna/Terra, and the beginning of a widespread crypto contagion. 2022 followed with a cascade of centralized failures that claimed to be web3 but were really unregulated ver
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