10 ways communities can attract Web3 businesses to set up shop

10 ways communities can attract Web3 businesses to set up shop

Local communities are always in the business of attracting businesses. A diverse foundation of companies in a region brings many things with it, including new residents, higher tax receipts, and more and better educational, recreational and health amenities.

Forward-looking communities may well be looking for ways to become magnets for the next generation of tech businesses, including blockchain and crypto firms. As pioneers in the space, the members of Cointelegraph Innovation Circle know exactly what the industry’s entrepreneurs are looking for. Below, they share 10 tips to help community leaders persuade Web3 businesses to open their doors in their locale.

Encourage government and industry collaboration

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Encouraging collaboration between government and industry stakeholders is an important step in attracting new business to a region. Local governments can

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