FP Block Warns That Web3 Is Drowning in Bad Software and Missing Standards

FP Block has been operating in Web3 far longer than most modern players, starting its blockchain engineering work in the early 2010s — long before today’s landscape of grants, incentives, and rapid MVP launches. Yet Chief Operating Officer Wesley Crook argues that the industry’s core problem isn’t money or talent. It’s the absence of standards, which has led to an ecosystem saturated with fragile and poorly engineered software.

He stressed that most teams still treat security as something to bolt on at the end, creating massive vulnerabilities — the same mistake that contributed to the notorious breaches of Equifax and Target.

Young Developers Are Building Fast, Not Building Right

Crook says Web3 is repeating the errors of earlier tech eras, only at a far greater scale. Developers who can write code are jumping straight into building systems they don’t fully understand. Many have never worked in enterprise environments where architecture, testing, auditing, and security frameworks are mandatory.

The result is a sea of MVPs deployed as production systems — systems that were never hardened, never audited, and never properly tested.

The Incentive-Driven Cycle Produces Fragile Products

Crook described a recurring pattern across the industry. A project receives a grant, a small team produces an MVP, a token launches, and users arrive because the incentives direct them there. When those incentives dry up, users disappear — but the MVP, still immature and insecure, becomes the live product.

According to Crook, this shortcut-filled pipeline often leads to predictable hacks and failures because nobody returns to strengthen the system before real value flows through it.

FP Block Is Often Called After Chaos Hits

The company frequently steps in to salvage projects after founders have exhausted time and resources. Crook calls these interventions “rescues,” where teams have spent years and millions trying — and failing — to build something stable.

He recalled one project where a founder burned $10 million in two years. FP Block rebuilt the entire system for $1 million in six months, launched it, and it went on to generate more than $4.5 billion in trading volume. Another reconstruction helped spark a $10 million raise within weeks.

Web3’s Future Depends on Treating Architecture as Seriously as Innovation

FP Block’s message is clear: the next phase of Web3 growth will not come from more grants or faster MVPs, but from building software the right way from day one. Without standards, auditing, and real engineering discipline, the space will continue to suffer costly failures — and companies like FP Block will continue showing up to pick up the pieces.