Crypto leaders discuss the emergence of Web3 technology hubs around the world

Where are the best destinations for a career in crypto? For some, it is traditional innovation hubs such as Miami or Silicon Valley. For others, it’s Singapore or Seoul. In addition, some would even argue that just having a stable internet connection, regardless of location, is sufficient for one to carve their own path in the Web3 realm.

To answer this question, Cointelegraph’s editor-in-chief, Kristina Lucrezia Cornèr, asked a panel of experts at the annual Web Summit conference in Lisbon. Speakers at the event included Zach Coelius, managing partner of Coelius Capital; Laura González-Estéfani, founder and CEO of TheVentureCity; and Oscar Ramos, general partner at Orbit Startups.

According to González-Estéfani, who was born in Spain but spent most of her time in the San Francisco Bay Area and Miami, the next tech hub will be a place where people can “get the support they need from the different partners, investors and ecosystem builders .” And for González-Estéfani, the place is more likely to be in the United States than in Europe.

“The Bay Area is very accessible. Everyone is willing to help you. People see you and they fall in love with you with your vision. If you are looking for funding, there are many entrepreneurs willing to help you. If you go to Miami, there is a huge mix of people from all over the world, entrepreneurs of all ages. But if you look at Europe, it is much more conservative.”

González-Estéfani’s sentiment, however, was not echoed by Coelius, who was originally born in Minnesota and moved to the Bay Area in 2005. He saw the matter very differently: “When I first arrived, I saw billions upon billions of dollars pouring into the technology industry,” said Coelius. “But that energy, which was all centered in the Bay Area, has now spread all over the world. So, whether it’s Miami or Lisbon or Kosovo, there’s just amazing innovation happening all over the world.”

Coelius went on to add that groupthink in the Bay Area is a major factor in why he believes the next tech hubs will instead be in locations scattered around the world:

– Many people think the same way. They go to the same parties, they play the same games, they think the same things. And that makes things very boring. So I’m personally very excited about all the new ideas that are emerging for people all over the world.”

As for Ramos, who also came from Madrid but has lived in Asia for the past 15 years, he believes the future of technology development will be concentrated in the East. “In China, I have seen the revolution of a technical system,” he said. “When I first arrived, you couldn’t pay for anything online. You have to have someone come to you and you pay that person back. And now it’s a market that we currently see as the most advanced fintech ecosystem in the world.”

At this point, Lucrezia-Cornèr also joined the case. While Cointelegraph is based in over 30 countries, Lucrezia-Cornèr manages her day-to-day corporate affairs in a very small Italian village of less than 7,000 inhabitants. “If we were to bring all the people in one place, we would actually lose all our value,” she said, “because our value is not biased to the place where we are based, but whether we are able to look for or not. that like others.”

Coelius seemed to agree, adding that his advice to entrepreneurs and workers alike is to “go where your network is, where your support system is, where your infrastructure is built. And then you can recruit talent from around the world.”