Dfinity Foundation's Dominic Williams doesn't pull any punches when asked to give his thoughts on the world of crypto and blockchain, an area he's been working in for roughly a decade.

"It's gotten to a place where people actually invest in snake oil. Like, 'who's got the best snake oil, I'm going to invest in that because their marketing is better,'" Williams recently told The Block. "Today there's a lot of confusion and people are just buying into these narratives. And I think that's the biggest challenge facing the industry today.”

Williams is chief scientist and founder of Dfinity Foundation, the builder and main contributor to the Internet Computer Protocol. Years ago, the project was one of the most hyped in the blockchain space after Dfinity raised a total of $195 million from …