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Web3 Startups Stir Up Crypto Twitter with Shark Tank Spin-off

Web3 Startups Stir Up Crypto Twitter with Shark Tank Spin-off

The Controversial Judges of the Web3 TV Show

A new web3 spin-off of the popular Shark Tank series called “Killer Whales: Sink or Swim Crypto Pitches” has sparked a debate on Twitter. The show aims to promote crypto and other web3 startups, but some Twitter users have criticized the panel of judges, accusing them of being “scammers.”

The Show’s Filming and Worldwide Broadcast

The web3 show, which began filming in June, follows the format of Shark Tank and is broadcasted in over 55 countries through major streaming platforms like the HELLO TV app. The panel of judges includes individuals from various domains, such as entrepreneurs, crypto traders, blockchain experts, and media founders.

Concerns Raised About the Judges

Crypto influencer Chimp strongly condemned the show and labeled the judges as “crypto grifters and scammers.” This criticism resonated with some users. Don Alt also expressed concern about the show’s concept and questioned how the industry reached a point where such a show was produced.

Web3 Businesses on a Global Scale

In other parts of the world, web3 businesses are gaining traction. For example, Thailand’s Kasikornbank has launched a $100 million web3 and AI fund to tap into the growing internet economy in the Asia Pacific region. On the other hand, India has seen a decline in new web3 startups due to regulatory uncertainty and a lack of funding.

Hot Take: The Impact of Controversial Judges on Web3 Startups

The controversy surrounding the judges of “Killer Whales: Sink or Swim Crypto Pitches” raises important questions about trust and credibility within the crypto community. While it is essential to promote and support web3 startups, it is equally crucial to have judges who are respected and trusted by the community. The show’s success may depend on how it addresses these concerns and ensures transparency and integrity in its selection process.+

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Web3 Startups Stir Up Crypto Twitter with Shark Tank Spin-off