SparkDAO is an investment research group focusing on the field of digital encryption, with members distributed all over the world. We are keen to explore the underlying logic and cutting-edge tracks in the field of digital encryption. Welcome to our Twitter: sparkdao_io

Web 2.0 has contributed to unparalleled economic growth in information consumption and content creation, representing an important era of human evolution, new ways of working, consumer information and progress in human civilization; Web 3.0, hailed as the next revolution in the Internet, is a technology paradigm driven by the creator economy. Web 3.0 needs to be re-engineered around participation in technology, architecture, design, and talent to achieve a decentralized internet.

The Internet relies primarily on centralized entities that control the devices and channels that provide information to social media, mobile applications, and provide connections between service providers and service requestors, the control of these channels makes the custodian of the infrastructure not only in monopoly control, but also become a "too big to fail" economic bottleneck. The fundamental shift from "empowering the custodians of infrastructure" to "empowering the creators and participants" can only be accomplished by repursuing the original vision of the Internet, which was to convey information, value and truth.

The drive to return to this pursuit is driven by overvaluation and control of Web 2.0 companies, censorship enforcement of existing information channel controls, and the rapid dissemination of information. The spread of information should itself be a benign force in knowledge transfer, but the rapid spread of prejudice, mistrust and misinformation also makes it difficult to distinguish between signals and noise. These drivers not only herald the arrival of a new era, but also the need to rethink, redesign and update, shape the creativity of the next era.

How will the new Web 3.0 paradigm evolve? As Web 3.0 aims to further the self-sufficiency of the Internet, enabling the development of an entirely new set of technologies and protocols that give the creators of the information and value movement a basis for economic control, and has a recognizable channel with built-in trust enabled by protocol. Blockchains and decentralization are critical to the development of the Web 3.0 platform, but it is also important to re-evaluate the Web 2.0 experience, as the challenges of transitioning to the new Web 3.0 paradigm are not just technical.

In order to achieve a Web 3.0 dominated creator economy that empowers both the creator and the participant, we first need to understand the need for participatory economics, driven largely by autonomy, efficiency, sustainability and the creation of decentralized economic systems with strong incentives, it is protected by agreements involving social ownership, self-management of work and accountability for results.

Participatory economics, which has its roots in ideas and experiments from previous centuries, operates around the idea that people can work together on the same network as others and manage their lives fairly, embedded in the incentive economy are rules that reward participants, penalize wrongdoing and activities that the network considers unfair. In other words, getting Web 3.0 up and running and delivering on its promise will require more people.

At a basic level, engagement can be achieved through the commitment of resources, such as systems, protocols, skills, intellectual capital, and expertise, just as in the real world, and the value created should be distributed fairly among the different players based on the basic principles of supply and demand. The economic value created then needs to be able to be realized, accounted for, disseminated and exchanged with other homogeneous or non-homogeneous assets in order to maintain a balance in any economic network, and all activities do not require any central accounting system authorization.

In the current environment, Web 3.0 looks like a stateful system for a monetized network. These networks of monetization not only attract capital, talent and technology, endow them with economic structures and monetary status within the network, but also serve as markets and laboratories for co-creation between projects. These phenomena can be seen in various decentralized finance (DeFi) and NFT projects, and in a real sense they are creating synergies among various monetization networks.

Providing a true peer-to-peer, multi-token network in which projects and individuals can co-create and participate is, in essence, the infrastructure needed to realize the promise of Web 3.0. While the economy is driven by tokens and the investments and valuations of these projects are growing exponentially, many of them do not reflect either the Web 3.0 engagement principle or the Web 3.0 economic output principle, the main reason is the lack of the basic element of participation.

Two basic technical concepts, the Semantic Web and decentralization, allow people to distinguish between data (for validation and authenticity) and value transfer (for participation in the economy) , will shape the future and facilitate the transition from Web 2.0 to Web 3.0 driven by new ownership.

The Semantic Web extends the concept of document information on the web to valuable data, enabling information to become more meaningful and valuable when it is semantically linked to the data, and then to transform that data into something valuable, this is also an accountability element of monetization and Web 3.0 principles.

On the other hand, decentralization promotes the development of peer-to-peer networks (blockchains) , both cryptocurrencies created by the system and tokens representing value can transfer the monetization value and solve the problems of autonomy and protocol. At a fundamental level, it is fair to assume that economies are interconnected as people build interdependent ecosystems based on Web 3.0. When people build strong Web 3.0 infrastructures based on decentralized processing, interconnectivity, and storage, they will be similar to the Web 2.0 cloud infrastructure, but with different economic structures and control points.

As the project evolves, these monetized values will include the underlying infrastructure, services, and talent levels. This kind of interdependent ecosystem that manifests itself in the natural system will flourish. Successful ecosystems and economies will attract talent, capital and resources while maintaining common interests. For example, a meta-universe project that includes NFT and liquid cryptographic assets could also utilize the decentralized storage of artifacts, refined data modeling and analysis of operations, decentralized processing, and so on, this will elevate all service ecosystems to form the Web 3.0 ecosystem.

At the moment, many of these services are decentralised, so the current economic system faces inherent challenges. In other words, these projects have promised Web 3.0, but they lack principles. By design, the encryption market itself should be independent and disruptive, with the goal of becoming self-sufficient through genuine encrypted liquidity and alternative assets, and of making the economic system work and correct itself, but with the volatility of cryptocurrencies and the increased liquidity that traditional finance provides with stable money or bank access, there is still a long way to go to break in with traditional markets, to allow the liquidity of traditional finance to flow freely into the Web 3.0 market, thereby not only retaining growth, but also meeting the challenges of the existing financial system.

For example, high yields in cryptocurrency markets will attract liquidity, while risk and risk aversion trade-offs will attract capital and stable money issuance while also inheriting the global macro mechanism, this means that any shift in traditional finance to factors such as capital markets, interest rates, money supply, and inflation, which play an important role in the valuation of assets, will have an impact on the encryption market. Decentralizing the internet will be a long term process, and only by increasing user engagement in the process can the vision of web 3.0 be realized.

*The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of SparkDAO. Every investment and trading move involves risk, you should conduct your own research when making a decision.

SparkDAO is an investment research group focusing on the field of digital encryption, with members distributed all over the world. We are keen to explore the underlying logic and cutting-edge tracks in the field of digital encryption. Welcome to our Twitter: sparkdao_io

Web 2.0 has contributed to unparalleled economic growth in information consumption and content creation, representing an important era of human evolution, new ways of working, consumer information and progress in human civilization; Web 3.0, hailed as the next revolution in the Internet, is a technology paradigm driven by the creator economy. Web 3.0 needs to be re-engineered around participation in technology, architecture, design, and talent to achieve a decentralized internet.

The Internet relies primarily on centralized entities that control the devices and channels that provide information to social media, mobile applications, and provide connections between service providers and service requestors, the control of these channels makes the custodian of the infrastructure not only in monopoly control, but also become a "too big to fail" economic bottleneck. The fundamental shift from "empowering the custodians of infrastructure" to "empowering the creators and participants" can only be accomplished by repursuing the original vision of the Internet, which was to convey information, value and truth.

The drive to return to this pursuit is driven by overvaluation and control of Web 2.0 companies, censorship enforcement of existing information channel controls, and the rapid dissemination of information. The spread of information should itself be a benign force in knowledge transfer, but the rapid spread of prejudice, mistrust and misinformation also makes it difficult to distinguish between signals and noise. These drivers not only herald the arrival of a new era, but also the need to rethink, redesign and update, shape the creativity of the next era.

How will the new Web 3.0 paradigm evolve? As Web 3.0 aims to further the self-sufficiency of the Internet, enabling the development of an entirely new set of technologies and protocols that give the creators of the information and value movement a basis for economic control, and has a recognizable channel with built-in trust enabled by protocol. Blockchains and decentralization are critical to the development of the Web 3.0 platform, but it is also important to re-evaluate the Web 2.0 experience, as the challenges of transitioning to the new Web 3.0 paradigm are not just technical.

In order to achieve a Web 3.0 dominated creator economy that empowers both the creator and the participant, we first need to understand the need for participatory economics, driven largely by autonomy, efficiency, sustainability and the creation of decentralized economic systems with strong incentives, it is protected by agreements involving social ownership, self-management of work and accountability for results.

Participatory economics, which has its roots in ideas and experiments from previous centuries, operates around the idea that people can work together on the same network as others and manage their lives fairly, embedded in the incentive economy are rules that reward participants, penalize wrongdoing and activities that the network considers unfair. In other words, getting Web 3.0 up and running and delivering on its promise will require more people.

At a basic level, engagement can be achieved through the commitment of resources, such as systems, protocols, skills, intellectual capital, and expertise, just as in the real world, and the value created should be distributed fairly among the different players based on the basic principles of supply and demand. The economic value created then needs to be able to be realized, accounted for, disseminated and exchanged with other homogeneous or non-homogeneous assets in order to maintain a balance in any economic network, and all activities do not require any central accounting system authorization.

In the current environment, Web 3.0 looks like a stateful system for a monetized network. These networks of monetization not only attract capital, talent and technology, endow them with economic structures and monetary status within the network, but also serve as markets and laboratories for co-creation between projects. These phenomena can be seen in various decentralized finance (DeFi) and NFT projects, and in a real sense they are creating synergies among various monetization networks.

Providing a true peer-to-peer, multi-token network in which projects and individuals can co-create and participate is, in essence, the infrastructure needed to realize the promise of Web 3.0. While the economy is driven by tokens and the investments and valuations of these projects are growing exponentially, many of them do not reflect either the Web 3.0 engagement principle or the Web 3.0 economic output principle, the main reason is the lack of the basic element of participation.

Two basic technical concepts, the Semantic Web and decentralization, allow people to distinguish between data (for validation and authenticity) and value transfer (for participation in the economy) , will shape the future and facilitate the transition from Web 2.0 to Web 3.0 driven by new ownership.

The Semantic Web extends the concept of document information on the web to valuable data, enabling information to become more meaningful and valuable when it is semantically linked to the data, and then to transform that data into something valuable, this is also an accountability element of monetization and Web 3.0 principles.

On the other hand, decentralization promotes the development of peer-to-peer networks (blockchains) , both cryptocurrencies created by the system and tokens representing value can transfer the monetization value and solve the problems of autonomy and protocol. At a fundamental level, it is fair to assume that economies are interconnected as people build interdependent ecosystems based on Web 3.0. When people build strong Web 3.0 infrastructures based on decentralized processing, interconnectivity, and storage, they will be similar to the Web 2.0 cloud infrastructure, but with different economic structures and control points.

As the project evolves, these monetized values will include the underlying infrastructure, services, and talent levels. This kind of interdependent ecosystem that manifests itself in the natural system will flourish. Successful ecosystems and economies will attract talent, capital and resources while maintaining common interests. For example, a meta-universe project that includes NFT and liquid cryptographic assets could also utilize the decentralized storage of artifacts, refined data modeling and analysis of operations, decentralized processing, and so on, this will elevate all service ecosystems to form the Web 3.0 ecosystem.

At the moment, many of these services are decentralised, so the current economic system faces inherent challenges. In other words, these projects have promised Web 3.0, but they lack principles. By design, the encryption market itself should be independent and disruptive, with the goal of becoming self-sufficient through genuine encrypted liquidity and alternative assets, and of making the economic system work and correct itself, but with the volatility of cryptocurrencies and the increased liquidity that traditional finance provides with stable money or bank access, there is still a long way to go to break in with traditional markets, to allow the liquidity of traditional finance to flow freely into the Web 3.0 market, thereby not only retaining growth, but also meeting the challenges of the existing financial system.

For example, high yields in cryptocurrency markets will attract liquidity, while risk and risk aversion trade-offs will attract capital and stable money issuance while also inheriting the global macro mechanism, this means that any shift in traditional finance to factors such as capital markets, interest rates, money supply, and inflation, which play an important role in the valuation of assets, will have an impact on the encryption market. Decentralizing the internet will be a long term process, and only by increasing user engagement in the process can the vision of web 3.0 be realized.

*The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of SparkDAO. Every investment and trading move involves risk, you should conduct your own research when making a decision.