Pei-Han Chuang 莊沛翰’s Post

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[JumpStarter 2023 - Winner | Web3 Category] [AppWorks AW#26] [Huawei Spark top 10] - AI-Powered Web3 Implementation (#B2B & #B2B2C) Platform

Most discussions around Blockchain/Web3 are always focused on BTC/ETH #ETF, #DeFi, #L1/L2/L3 for quick returns, leading to an over-saturation of unused infrastructure and many dying projects. Not much attention is given to the relevance of #Web3 and the Creator Economy. (Some of this information you might already know) Web1 > Web2 > Web3 represents a new era as technology advances and new user behaviors are influenced by increasingly sophisticated tools. The creator economy is marked by progressive changes or states in each era: - Web1 (30+ years ago): Businesses (Centralized) Content = Where static content created by a small number of producers (e.g., big companies) was the initial opportunity for creators. - Web2 (started 20+ years ago): User-Generated Content (as Gen X and Y wanted to be heard) on centralized platforms revolutionized the business model and spurred the growth of the creator economy. - Web3 (believed to come): Commoditizing User-Generated Content on Decentralized platforms. Gen Z (asking "Why should my data/creation be sold and I get only a fraction?") is leading to the robust acceleration of the next creator economy and innovative business models. Core Technologies in the Next Wave of the Web3 <> Creator Economy:- 1. Social Media/Content/Streaming Platforms ✅ (Matured tech and use cases) 2. Digital Marketing Tools ✅ (Matured tech and use cases) 3. Artificial Intelligence (AI) (maturing tech with killer use cases) 4. Blockchain Technologies (yet to mature and need killer use cases) But #Blockchain is the only technology that facilitates the most important aspect—commoditizing user creation. There's a growing debate & calls to focus on driving innovative use cases and killer apps, but progress is hindered due to the extreme difficulty of development without a good suite of interconnected tools (as we ourselves experience every day). *Try to hire developers to develop non-#EVM chain, and you will need a lot of luck. The pains of hunting/hiring/sourcing/managing implementation with crazy costs & months of effort drain your resources & mental energy, leaving you no room to pivot Your boss, co-founders, and investors are on your back kick start to save yourself >_< [Product video] https://lnkd.in/gPyPf_yG [Sign up here] https://lnkd.in/gj_eytWU #Web3 #Blockchain #AI #CreatorEconomy #ETF #BTC #ETH

John Dennis

Lean Sustainable Systems, Author, Speaker, Blockchain strategist and advocate, coach, consultant and mentor.

3mo

Welll written by Pei-Han Chuang 莊沛翰 largely his thoughts and experiences ( not AI ) … I know this. Web3, tokenisation of RWA (Real World Assets), DePIN (Decentralised Physical Infrastructure) and NFTs …as proof of digital ownership and provenance, Smart Contracts for taking out the waste of the ‘Trusted intermediary’ ( middle-man). We have all of this to look forward to in the next few years. #Blockchain #Web3

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