Quzhaoxiang: Web3 revolution is the Renaissance of Cyberspace

7 month 14 Japan , First “ The global Web3 Eco Innovation Summit ・ Singapore ”（GWEI 2022 - Global Web3 Eco Innovation Summit -Singapore） Held at Marina Bay Sands Convention and Exhibition Center in Singapore , Singapore Xinyue University of Social Sciences （SUSS） And its inclusive fintech nodes （SUSS NiFT）、 Babbitt's new overseas brand “DeFi Road ” Co sponsor .

This summit is organized by the world's leading Web3 Ecological builder Ouyi OKX Total title sponsorship .

In the morning keynote speech , Quzhaoxiang, partner of Babbitt （Gavin Qu） Published 《 The global Web3 Ecological innovation observation report 》 Deliver a speech .Gavin Express ,Web3 The history of Internet can be traced back to the concept of borderless, decentralized and non discriminatory network at the end of last century , Take the present Web3 In terms of development status , Blockchain is the infrastructure plus 5 Big key applications （DeFi,NFT, game , Yuan universe and DAO） Constitute the Web3 The basic pattern of . And combine external supervision with the international economic situation ,Web3 The future development of will push the society into a new mode .

Here are DeFi The speech content sorted out by Tao ：

Today, I will release Babbitt international brand DeFi And the inclusive financial technology node of Singapore Xinyue University of Social Sciences , CO produced 《 The global Web3 Ecological innovation observation report 》.

essentially , My report is also defining what is Web3, So our meta problem is ：Web3 What is it? ？ This also leads to the two main parts of this sharing ： What is and what should be , namely Web3 Actual appearance , as well as Web3 Ideal appearance . In the actual part , We will look up at the starry sky overhead , It's research Web3 Infrastructure construction 、 application , And the actual situation of the external environment . In the should be part , We follow our inner morality , Will also explore Web3 Several major trends .

Of course, before these two parts , Let's talk about the background of this report first .

First , We chose to publish this report in Singapore , This is because Singapore has a relatively stable policy , And ethnically diverse countries , Naturally, it has the advantage of globalization . meanwhile ,GWEI The summit is the first industry event in the world that pays equal attention to both Chinese and English , We also hope to take the opportunity of this conference to better connect Chinese and Western communities , promote Web3 Cultural exchange .

secondly , Why do we choose to publish this report now , The reason is simple , We can't control the past , Because the past has become history , At the same time, we can't control the future , The future is the confluence of countless trends . So whenever ,“ Now? ” Are the most important .

such as , stay 1993 Year of “ Now? ”, Eric ・ Facing the old world, Hughes proposed 《 Cryptopunk Manifesto 》. stay 1996 Year of “ Now? ”, John ・ perry ・ Barlow faced the past and put forward 《 Cyberspace declaration of Independence 》. stay 2005 Year of “ Now? ”, Nick ・ Saab faces DigiCash The failure of the , Designed bit gold. stay 2008 Year of “ Now? ”, Nakamoto faced the imperfect bit gold, Announced the birth of bitcoin . stay 2014 Year of “ Now? ”, With Vitalik Represented by developers , Faced with the imperfect bitcoin development ETH, And put forward Web3. Also for example 2022 year 7 month 14 Now , We stood on the shoulders of giants and took out such an industry report .

Why do we make and publish this report , It's very simple , What I just mentioned is the right time and place . At the same time, we also communicate with many friends in the community , Received a lot of support , And also expressed willingness to participate , With a DAO To jointly complete the production of this report , Then why don't we ？ So this is the overall environment for us to produce and publish this report .

Next , Let's return to the main content of this report , The main content of this report is divided into three parts , Namely ：Web3 Infrastructure construction 、 application 、 The external environment .

In the infrastructure part , We mainly studied various major blockchain selection , And its supporting functions . After studying the mainstream blockchain selection in the market , We will include bitcoin 、 The etheric fang 、L2 The Internet , as well as Cosmos and Polkadot Multi chain architecture represented by , And other public chains , There are also some alliance chains . Here it is , We will have several conclusions ：

1. Different chains are just trade-offs under the Impossible Triangle of blockchain ;

2. It is difficult to distinguish directly between different models , Therefore, our judgment of the future is more likely to be a world where multiple chains coexist ;

3. Any solution may be the product of the environment , We should especially mention the alliance chain , It may be a solution in the special environment of some regions .

Speaking of the functional support of blockchain , It mainly refers to DID, That is, a decentralized identity system , It is essentially a change in the form of the private key , It belongs to an imported product . The second is distributed storage , It is used to extend the type of data . Cross link , The purpose is to realize information transmission between blockchains . Predicting machine , It can help the whole blockchain get more external information , To achieve more functions . And the browser , Help improve the presentation form and speed of the overall data . These functions are matched , Usually, it will not be bound to a specific blockchain , But chose the state of Multi Chain Development .

The second part of the report is based on Web3 Various applications born of infrastructure , These major application directions have developed one by one along the timeline of blockchain . From the very beginning DeFi Speaking of , Bitcoin is the earliest DeFi project , It has relatively the most basic functions of payment and transfer .

And in the 2020 Year begins DeFi Summer, It can be understood as , Put some relatively less complex but important tasks in the traditional financial world on the blockchain . For example, hosting , It's a person who needs trust , But in fact, the specific operation is not so complicated . image Uniswap Here are some AMM The mechanism Dex, This is what we are talking about now DeFi start . But for now DeFi Limited by the complexity of the overall technical architecture and the natural complexity of finance , In a state of relatively stagnant development .

NFT In essence, it is right to Token An extension of , From money to information , This change now seems to be final , That is, we first said “ Our vision-be ” Part of , There will be more kinds of NFT And more complex NFT, Or rather, NFT Set . among PFP, That is what we often call avatars NFT, It represents a new membership , It can further develop the relationship between enterprises and customers , then Blockchain Game It is an expansion of the virtual world . Last , We talked about DAO, It embodies the requirements for productivity and creativity , It is a new organizational form scheme produced in the environment where control must be weakened . And we will find that it is different from the blockchain and Web3 Is highly consistent .

In the third part of the report , We discussed some impacts Web3 Important external environmental factors of development , Including industry supervision, investment and financing .

After writing this industry observation report , We have summarized three major trends of industry development ： deeper 、 More 、 Higher .

deeper , It means that the whole industry has only bitcoin mining since the earliest , To the later blockchain development , To the present Web3 And the meta universe . We can clearly see that the topic of the industry is more and more in-depth .

meanwhile , We also found Web3 The fields and scope involved are more and more extensive , Recently, we can see that many traditional industries are also accessing Web3, For example, the project of metauniverse , For example, traditional technology industry , They also want to be in Web3 Do more in the field . In this case , We need a framework , One Web3 The framework can accommodate all players who want to enter . On the one hand, it means the expansion of our overall narrative ; On the other hand , Also explained Web3 Itself is an open system , We can't stop , No, there is no way to prevent anyone from joining . And the broader trend , This also shows that there will be more industries in the future 、 More tracks can be added to the whole Web3 In the tide .

Higher , It refers to the improvement of demand level . We can see the booming community DAO and Web3 Applications have shown us that strangers on the Internet share the same values and missions , Focus on what kind of power can be produced in cyberspace . And as infrastructure evolves , There may be countless possibilities to expand in the future .

Last , Let's go back to a few of the reports Takeaways：

1. First , The first conclusion of the report , It's hot right now Web3 Revolution is more like a renaissance after injecting original economic blood into cyberspace ;

2. secondly , There is still no doubt that bitcoin will become Web3 The cornerstone of the world , And unstoppable ;

3.Web3 The infrastructure construction of is still at a very early stage , It also means new opportunities . meanwhile , The emergence of more complex applications also depends on the further development of infrastructure ;

4. We should adopt equal cooperation in the supervision of the industry , Instead of obedient attitude , Only in this way can we strive for a better living space for the industry .

Obviously, our report is not perfect , It's like Web3 equally , So we also hope to work with all readers , Make it more perfect .

My share is here , Thank you. ！

attach ：《 The global Web3 Ecological innovation observation report 》 Download address

https://www.chainnode.com/doc/5111

https://drive.google.com/file/d/1DNAipJEi4v-ZU8LRDx_FAwF7PEmRHuCr/view

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