At the Hack Seasons Conference, Marcus Le, a Core Contributor at Viction, shared valuable insights regarding the hurdles preventing mainstream Web3 adoption and proposed solutions. His vision encompasses everything from user-friendly innovations to enhancing financial accessibility in developing regions, aiming for a future where Web3 is seamlessly integrated into daily life.

The Major Roadblock to Widespread Web3 Adoption

One of the primary factors hindering Web3’s journey towards widespread acceptance is the lackluster user experience. Despite the benefits like security, transparency, and decentralization that blockchain technology can provide, the process of engaging with it often proves to be convoluted and unintuitive for everyday individuals.

“Imagine you’re a novice user needing to cough up gas fees just to interact with an app. Even if it’s a small sum, they must go through the hassle of acquiring native tokens, which can be a real chore. What we do is eliminate that headache,” Marcus remarked.

With zero-gas transactions in place, users can easily switch, transfer funds, and engage with the blockchain without fretting over gas fees. This makes blockchain interactions feel as natural as those with traditional web applications.

Blockchain and Access to Finance in Developing Regions

In addition to user experience, the costs involved remain a significant issue, particularly in areas like Southeast Asia and Africa. These regions are ripe for Web3 growth, given their large populations and improving digital infrastructure. Nevertheless, the high fees associated with blockchain transactions often make it unattainable for many individuals.

“They require a streamlined experience to effectively engage them. Thanks to our zero-gas technology, users can sidestep worries about costs or complexity—no fuss, no stress,” Marcus highlighted.

By making blockchain technology both affordable and accessible, Viction is opening doors for financial inclusion, allowing individuals in developing economies to engage in decentralized finance (DeFi), send remittances, and manage their digital identities without exorbitant costs.

Technology

For blockchain to achieve mainstream success, it needs to be as user-friendly and seamless as the internet experience. Marcus sees the solution as shifting priorities to focus on real-world applications instead of merely on the infrastructure.

“The industry has dedicated more than ten years to constructing infrastructure, which is fantastic, but we also need to create applications that genuinely assist users,” he asserted.

Viction has already successfully onboarded over 10 million users, illustrating that mass adoption is achievable when blockchain is user-centric. With a keen focus on welcoming new users aboard, the Viction crew is dedicated to bridging the divide between Web3 and mainstream acceptance.

What’s Required to Onboard the Next One Billion Users

Beyond improving user experience and reducing costs, mass adoption hinges on education and collaboration with regulatory bodies. Marcus emphasized that while blockchain emerged as a decentralized alternative to traditional finance, it has now matured into a transformative technology capable of reshaping global financial systems. To reach a billion users, sector stakeholders must actively work with governments and regulators.

“In the early 2000s, the internet faced skepticism similar to what blockchain experiences now. Scams were rampant, and fear was widespread. However, if the good actors don’t come to the forefront, the negatives will overshadow the positives. That's why we're focused on educating local authorities about blockchain's potential and how to avert fraud,” he explained.