Web3 is replaying Web2's developmental script: from token-fueled narratives to subsidy-driven growth, then reality checks for viable use cases, and ultimately, structural maturation of ecosystems. Some dismiss crypto as a Ponzi scheme, a bubble destined to pop. Others hail Web3 as a revolutionary paradigm shift—a new chapter in technological civilization. Between these polarized narratives lies a fundamental truth: The core logic of business never changes. Whether it's Web2's transition from ...

I. The Dawn of Web3 Social: From “Walled Gardens” to “Open Squares” In an era where Web2 social giants monopolize user data and algorithmic recommendations dominate traffic distribution, the Web3 protocol Towns Protocol, backed by a $61 million lead investment from a16z, is making a strong entry as a “decentralized town square.” This project, dubbed the “Discord slayer,” not only carries the strategic bet of top-tier venture capital on the Web3 social track but also has the potential to resha...

The integration of Web3 and AI is becoming a core driver of global economic innovation. Web3 AI Agents, as intelligent agents with autonomous decision-making capabilities, are not only playing a significant role in accelerating technological innovation but also profoundly changing the operation model of the digital economy. The combination of Web3's decentralized nature and AI's intelligent decision-making offers unprecedented possibilities for building a more open, transparent, and efficient...