At its core, Web3 is about decentralization, which closely relates to traditional economic theories on market structures. In conventional markets, centralized entities control resource allocation, whereas Web3 aims to create decentralized economic models through smart contracts and blockchain. This approach reduces transaction costs, increases trust, and allows individuals to participate in economic activities without relying on intermediaries. However, this emerging economic system faces mul...

At its core, Web3 is about decentralization, which closely relates to traditional economic theories on market structures. In conventional markets, centralized entities control resource allocation, whereas Web3 aims to create decentralized economic models through smart contracts and blockchain. This approach reduces transaction costs, increases trust, and allows individuals to participate in economic activities without relying on intermediaries. However, this emerging economic system faces mul...