Sustainable Approach to Web3 Development: Industry Leader Challenges Short-Term Focus

The cryptocurrency industry faces a critical crossroads, according to Jeff Yan, founder of Hyperliquid. Rather than pursuing a sustainable approach to long-term growth, many in the sector remain fixated on immediate profits, undermining the transformative potential that initially defined Web3. This observation highlights a fundamental misalignment between the ambitious vision that attracted developers to cryptocurrency and the pragmatic—if shortsighted—actions dominating industry practice.

The Gap Between Vision and Execution

Yan’s commentary reveals a troubling mismatch within the crypto ecosystem. While Web3 was conceived as a revolutionary framework to decentralize control and create more equitable digital systems, current industry dynamics seem divorced from these ideals. Many projects prioritize quick returns over building robust, sustainable infrastructure. This disconnect between foundational principles and operational reality threatens to undermine the credibility and longevity of the entire sector. Without a strategic shift toward meaningful, value-driven innovation, the industry risks becoming another speculative bubble rather than the transformative technology it promised to be.

Moving Toward Sustainable Value Creation

Adopting a more deliberate and sustainable approach requires stakeholders to realign their incentives with Web3’s core mission. This means investing in projects with genuine utility, supporting developers who prioritize long-term impact over quarterly gains, and fostering a culture that values innovation over hype. Yan’s perspective underscores why this reorientation is not merely philosophical—it’s essential for Web3 to fulfill its potential and earn lasting trust from users and institutions alike.