In a statement sent to Cointelegraph, Lin highlighted the importance of universities when it comes to the future of Web3. According to Lin, universities are “critical players for new tech” like Web3 and are a typical source of talent. “It is important for unis to understand Web3 and guide students towards the right vision,” he shared.
While the markets are exhibiting signs of a bearish phase, Lin believes that it’s still the right time to build and invest. He said: “The bear market is always the best time to build and to invest. During this period, VCs are more demanding and may bring bigger pressure to the startups from unis. However, we are a stronger believer that diamonds will shine either way and persistence is their best friend.”
When asked about hot trends among college students, Lin shared that there’s another “buzzword” that came into the mix, which is artificial intelligence . However, despite the advent of AI, Lin believes that there shouldn’t be a problem as the two sectors can work together.
On Aug. 2, the venture capital firm announced the winners of its Summer Bootcamp competition for university students. Various participants from different academic institutions participated to win a trip to Cabo San Lucas, Mexico and mentorship opportunities from crypto funds.