Too Long; Didn't Read
Necto Labs is a new open-source innovation lab driven by R&D, venture funding and strategic collaborations to build a better web for all. The Lab is dedicating $3 million in seed funding to developers and entrepreneurs who want to build encrypted and uncensorable products and services on the network. There are many builders, networks and ecosystems piecing the Web3 puzzle together. The growth of the dWeb space over the past few years has been unimaginable. The decentralised applications (dapps) market is projected to reach $368.25 billion by 2027.