Web3.0 as a Street Stall: Decentralization, DAO, and the New Internet Innovation
The article explores Web3.0 as the Internet's latest innovation—decentralized, word‑creating, and akin to a street stall—detailing its evolution from Web1.0 and Web2.0, the rise of DAOs, reduced friction and cost, emerging opportunities, and the risks and uncertainties faced by both enterprises and ordinary users.
Web3.0 is described as the biggest innovation of the Internet: the creation of new terminology, akin to modern Cangjie, with both Western Silicon Valley and Chinese "后厂村" contributing.
The author argues that Web3.0 is essentially a street stall, a decentralized ecosystem built on blockchain technology.
01 explains the evolution from Web1.0 (union) to Web2.0 (interaction) to Web3.0 (value redistribution).
02 portrays Web3.0 as a solo vendor, yet still collaborative, giving rise to new organizational forms such as Decentralized Autonomous Organizations (DAO).
03 highlights that Web3.0 minimizes transmission friction and cost, effectively removing middlemen.
04 points out that Web3.0 offers new profit models, but also carries significant risk and uncertainty for ordinary users.
05 discusses the security model of Web3.0 transactions, relying on transparent, cryptographic verification.
06 and 07 enumerate emerging opportunities and popular tracks within Web3.0, emphasizing that it can be a new employment frontier for internet professionals.
08 and 09 conclude that while Web3.0 is currently hype, its core technologies must be evaluated before practical adoption.
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