FCC's Net Neutrality Ruling Boosts Web3 Startups, Says Nova Labs General Counsel

The ruling ensures an open internet and fair competition, aligning with core American values.

Net neutrality guards against discrimination, allowing new technologies and services, including blockchain-based ones, to thrive.

Fair regulations foster a sandbox for creative ideas and innovation, particularly in blockchain and wireless connectivity.

Net neutrality principles protect new entrants from unfair practices by network providers, fostering healthy competition.

Decentralized ownership of public infrastructure networks (DePIN) is enabled by blockchain innovations like token rewards.

DePIN solutions like Helium Mobile offer sustainable connectivity and empower communities to build their wireless infrastructure.

Regulatory uncertainty around blockchain stifles competition, innovation, and consumer opportunities.

FCC's approach to regulation sets a smart model, accounting for industry evolution while protecting consumers and infrastructure.

The ruling provides a framework for future innovation and development in the digital era, promoting fair competition and consumer rights.