Crypto executives discuss the emergence of Web 3.0 tech hubs around the world

Where are the top destinations for a career in crypto? For some, it’s traditional innovation hubs such as Miami or Silicon Valley. For others, it’s Singapore or Seoul. In addition, some would even argue that as long as you have a stable internet connection, irrespective of location, is sufficient for one to carve their own path in the realm of Web 3.0.

To answer this question, Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr asked a panel of experts at the annual Web Summit panel live in Lisbon. Speakers at the event included Coelius Capital’s managing partner Zach Coelius, Laura González-Estéfani, founder and CEO of theventure.city, and Oscar Ramos, general partner of Orbital 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, that place is more likely to be in the U.S. than in Europe.

"The Bay Area is very approachable; anyone is willing to help you. People see you and they fall in love with you with your vision; if you're looking for funding, there are a lot of entrepreneurs willing to help you. If you go to Miami, it's a huge mix of people from all over the world, entrepreneurs of all ages. But if you look at Europe, it's a lot more conservative."

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

Coelius further added that groupthink in the Bay Area is a major factor of why he believes the next tech hubs will instead be at scattered locations around the world:

"A lot of people think the same way, they go to the same parties, they play the same games, they think the same things. And it makes things really boring. And so, I'm personally very excited about all the new ideas that are showing up for people worldwide."

As for Ramos, who also came from Madrid but has lived in Asia for the last 15 years, he believes the future of tech developments will be concentrated in the east. "In China, I've seen the revolution of a technical system," he said. "When I first arrived, you couldn't pay for anything online. You need to have somebody to come to you and you pay back to that person. And now, there is a market we're currently seeing as the most advanced FinTech ecosystem in the world."

At this point, Lucrezia-Cornèr also joined in on the matter. While Cointelegraph is based in over 30 countries, Lucrezia-Cornèr manages her everyday corporate affairs in a very small Italian village with less than 7,000 inhabitants. "If we were to bring all the people in one place, we actually would lose all our value." She said, continuing: "Because our value is not biased to the place where we are based, but whether or not we are able to look for the likes of others."

Coelius seems to agree, adding that his advice for entrepreneurs and workers alike is to "go where your network is, where your support system is, where your infrastructure has been built. And then, you can recruit talent from all over the world."