Recently, I’ve noticed that many people still see the concept of Web3.0 as a foggy idea, especially in the area of Web3.0 investment, where it’s easier to be confused by various project teams’ packaging. So I decided to organize my understanding to see if I can help everyone clarify their thinking.

First, let’s talk about what Web3.0 actually is. In fact, different people have slightly different definitions, but there are two perspectives that are particularly worth referencing. The father of the World Wide Web, Tim Berners-Lee, once proposed a vision, believing that the core of Web3.0 is to give users control over their own data. Later, Gavin Wood, co-founder of Ethereum, redefined it, emphasizing that Web3.0 should be an uncensored, non-monopolized, low-threshold network protocol. Simply put, Web3.0 is the next-generation internet based on blockchain technology, allowing users to truly own and control their data.

Why develop Web3.0? I’ll give an example to make it clear. Suppose you are a content creator, posting content daily on social platforms, attracting fans’ likes and comments, and monetizing through advertising. But the problem is, whose ownership is your content? The platform’s or yours? How much of the ad revenue does the platform take? Will your personal information be leaked? These are real pain points. What Web3.0 aims to do is to use blockchain and smart contract technology to return these ownership and control rights to users, eliminating middlemen.

Comparing Web1.0, Web2.0, and Web3.0 makes it even clearer. In the Web1.0 era, users could only read; in Web2.0, they could read and write, but data control was in the hands of platforms. In Web3.0, users can not only read and write but also own their data. Economically, Web3.0 introduces cryptocurrencies, achieving true decentralization. Technologically, it has evolved from simple HTML to now include blockchain, smart contracts, and AI.

When it comes to Web3.0 investment opportunities, you first need to understand its relationship with other concepts. Blockchain is the underlying technology foundation, while Web3.0, cryptocurrencies, NFTs, the metaverse, and DeFi are applications built on top of it. Without blockchain, there is no Web3.0. Web3.0 realizes data ownership through blockchain, and then empowers economic value through financial tools like cryptocurrencies and NFTs.

Currently, there are already quite a few projects in the Web3.0 track, about 200 or so, with some well-known ones like Polkadot, Chainlink, and Filecoin. These projects mainly address core issues such as infrastructure and data storage. However, I want to point out that not all projects claiming to be Web3.0 are worth investing in. You should look for those with real results and genuine needs solved, so that they can survive the bear market and even explode in the bull market.

Regarding Web3.0 investment advice, I think although the concept was proposed quite early, the systematic development has only been recent in the past two years. This track still has some bubbles, somewhat like early artificial intelligence, but don’t forget that no one denies the value of AI now. Web3.0 is not about false needs but addresses real existing problems. So if you are optimistic about this direction, you can allocate a small portion of your funds for deployment, but be sure to choose projects with solid fundamentals.