Three major trends in the Web3 space: social applications, modular technology, and Bitcoin ecosystem.

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Three Major Development Trends in the Web3 Field

In the Web3 field, there are three directions worth paying attention to: social applications, modular technology, and the Bitcoin ecosystem.

Social and Consumer Applications

Web3 is shifting from finance to social domains. Tokenization is being used to change social behaviors, such as on-chain loyalty programs. As users engage in on-chain transactions more frequently, stablecoins will play a greater role as a bridge between DeFi and traditional finance.

The advancements in generative AI are expected to bring about a more personalized and streamlined user experience. AI may lower the entry barrier to Web3, making it easier for non-technical individuals to understand and utilize blockchain data.

Modular and Composability Based on Zero-Knowledge Proofs

Zero-knowledge proof ( ZKP ) technology will continue to mature, with progress in both theoretical and application levels. ZKP is being used as a universal interface between different layers of the modular technology stack.

Modularity means that different layers of the blockchain stack can be managed by different providers. This "Lego-like" architecture enhances composability, allowing projects to customize their tech stack according to specific needs. Meanwhile, developing smart contracts using general-purpose languages like Rust can lower the barrier for Web3 development.

Bitcoin Ecosystem

Before the halving in 2024, the Bitcoin ecosystem has attracted renewed attention. This includes mainstream financial institutions potentially launching Bitcoin ETFs, as well as a modular Bitcoin blockchain that supports more smart contracts.

The rise of Bitcoin digital assets ( such as Ordinals ) is an interesting innovation. In the future, there may be a differentiation in the use of NFTs: Ethereum NFTs will focus on utility, while Bitcoin NFTs may evolve into "digital jewelry" and art collectibles due to their cultural significance.

Overall, the development of these three areas will drive Web3 towards broader applications and more mature technology.

Pantera Capital Managing Partner: Three Crypto Areas We Are Watching

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ShibaMillionairen'tvip
· 12h ago
I went all in this time.
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TerraNeverForgetvip
· 17h ago
Very deep insights
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GasGrillMastervip
· 17h ago
The direction of social applications is correct.
View OriginalReply0
fren.ethvip
· 17h ago
The future of Web3 is here
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staking_grampsvip
· 17h ago
The trend of ZK technology is unstoppable.
View OriginalReply0
SpeakWithHatOnvip
· 17h ago
Modularity is the future.
View OriginalReply0
HodlVeteranvip
· 17h ago
The experienced driver has entered a position.
View OriginalReply0
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