What is Web3? Analysis of Gate Web3's industry positioning and popular features.

In recent years, the concept of Web3 has been gaining momentum, with more and more users and developers diving into this new era of the internet. So, what is Web3? How does it differ from the traditional internet? What role does Gate Web3 play in this industry? This article will take you in-depth to understand the positioning of Gate Web3 and its core product features.

What is Web3?

Web3, also known as decentralized network, is the third stage of internet development. It differs from Web1’s read-only model and Web2’s user-generated content model, emphasizing decentralization, user data sovereignty, and the widespread application of smart contracts and blockchain infrastructure.

Web3 allows users to be not only consumers of content but also true participants, owners, and contributors. In the Web3 world, identity, assets, and value can be recorded and transferred through on-chain protocols, and users no longer rely on centralized platforms to control their data and assets.

Gate Web3’s Industry Positioning

As a global leading digital asset platform, Gate has long laid out its Web3 ecosystem and launched an independent Gate Web3 platform. Gate Web3 not only serves ordinary users but also targets developers, protocols, and project parties, striving to build a secure, open, and sustainable Web3 application environment.

The positioning of Gate Web3 can be summarized in three points:

1. Entry-level product experience: Provide users with simple and intuitive on-chain operation tools to lower the usage threshold;
2. Asset security and yield are prioritized: user funds are protected through multiple safeguards and yield-generating products;
3. Ecological Interaction Platform: Aggregates tasks, airdrops, NFTs, and DeFi applications to stimulate user engagement.

Gate Web3 Core Product Features

Gate Web3 has a wide range of functionalities, covering popular Web3 scenarios such as on-chain wallets, DeFi earning, and task squares. Below is a detailed introduction to several representative features.

On-chain Wallet: The First Line of Defense for Asset Security

Gate Web3 provides lightweight on-chain wallet services that allow users to manage their cryptocurrency assets across multiple mainstream public chains, including ETH, BNB, Polygon, and Base. Compared to centralized wallets, on-chain wallets emphasize the self-custody of mnemonic phrases and private keys, achieving true asset autonomy.

In addition, the Gate Web3 wallet supports cross-chain asset management and one-click login to DApps, greatly enhancing user efficiency across multiple chain ecosystems. The built-in risk monitoring system can also identify suspicious contracts in real-time, ensuring transaction security.

DeFi Earn Coins: One-stop Yield Aggregation Platform

Another core of Web3 is decentralized finance. Gate Web3 integrates multiple high-quality DeFi protocols to provide users with low-threshold, transparent on-chain financial services.

Users can participate in LP market making, staking mining, stablecoin yield pools, and various other ways to earn on-chain income through the DeFi page of Gate Web3. For example, users can deposit USDT into the stable pool on Base, with an annualized return of up to 8%. All income distribution is executed based on on-chain contracts, with no human intervention, ensuring information is public and transparent.

At the same time, Gate Web3 will recommend high-quality yield strategies based on market dynamics and provide risk level assessments, allowing users to pursue returns while also considering risk control.

Web3 Task Square: A new way to earn while playing

Task Square is an on-chain interactive platform created by Gate Web3 for novice users. Here, users can earn rewards (usually in the form of tokens, NFTs, or points) by completing a series of Web3 tasks. Task types include but are not limited to:

• Connect on-chain wallet
• Explore the features of a DApp
• Complete a transaction on a certain chain
• Follow or retweet the social media of Web3 projects.

The goal of Task Square is to help users “learn while earning” and to lower the learning threshold of Web3 through incentive mechanisms. Currently, over 200 project parties have released tasks through Gate Web3, distributing rewards totaling millions of dollars, attracting hundreds of thousands of users to participate.

Summary: Gate Web3 is your preferred gateway to the Web3 world.

Web3 is currently in a rapid development phase, but there are still certain usage barriers for ordinary users. Gate Web3 bridges the last mile from “cognition” to “participation” through a series of product designs including on-chain wallets, DeFi aggregation, and task incentives.

Whether you are a crypto novice or an experienced player, Gate Web3 can provide you with a secure, convenient, and profitable on-chain experience. If you are looking for a stable and reliable starting point in Web3, why not start exploring with Gate Web3.

Author: Blog Team *This content does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. *Please note that Gate may restrict or prohibit all or part of the services from restricted areas. Please read the user agreement for more information, link: