From the utility point of view, Web3 covers DAO, privacy, application, data storage, game, creator economic platform, social networking, and so on, most of which are also covered by web2. There is no doubt that Web3 is built based on blockchain technology. In the past two years, the global attitude toward Web3 has changed from skeptical to positive. And many onlookers are now explorers, so there are many projects that are groping for Web3. However, there are different opinions about the true outlook of Web3. While the ultimate form of Web3 may still look hazy, its ecosystem has indeed gradually taken shape.
Openness alters the existing ecological pattern
In the existing centralized business model of Web2, locking users and their data is where all its competitive advantages lie. However, in the Web3 world, users can fully free themselves from the constraints of third-party and log into applications on the chain through a blockchain account address, without the need for registration permit. Characterized by full freedom and low threshold, operations can be completed by smart contracts only.
Decentralized privacy protection of Web3
Data privacy is a focal and global issue that needs to be urgently addressed. It is also a prerequisite for the realization of Web3 in the era of creator economy. To solve multiple hidden dangers many blockchain projects have faced, such as privacy protection, storage data privacy, private key management, anonymous protocol and other aspects, decentralized app is the only way to achieve personal data privacy for users and realize data ownership and value transfer. In the recent chaos of the Russia-Ukraine war, A number of supporters of Ukrainians have raised funds and donated the funds to the Ukrainian government and relevant institutions through smart contracts. The relief fund is collected automatically through the contracts, thus realizing the complete anonymity of the event organizers, and there was no need to place trust in the entities behind the donation projects themselves.
Autonomy and user sharing value in the Web3 community
Theoretically, individual users on Web3 can freely transfer their personal data from one platform to another at any time without having to be approved by third-party platforms, thus making assets transferable. In this mode, giant companies of Web2 will no longer have the right to aggregate the user's data, and users can break through cross-platform restrictions and regain the control over the economic value of contents in the era of creator economy. It looks like as if platforms have lost the value created by users, however, if everything stays at web2 stage, the possibility will definitely become a reality.
On the contrary, to build a web3 platform is necessary, the platform will share the value of data directly with users and everyone on the platform can benefit from the value sharing. This is the primary driving force for the platform to keep running. Moreover, the Web3 platform can also get rewarded through Dao autonomy to enhance community cohesion. Ownership of the digital assets will cultivate the user's preference for consumer products, turn users into followers, make them see themselves as a community, and strengthen the bond between users and the platform.
DataMall Chain (DMC), a decentralized storage facility customized for Web3
Based on the characteristics of Web3, the decentralized storage project DMC takes freedom and openness, privacy encryption, and Dao autonomy as its original intention, and DMC is putting emphasize on the design and providing a smooth user experience, which is the core competitiveness. Based on market and user needs, it develops decentralized encrypted storage facilities that meet the prerequisites of Web3. All users need is a computer to gain access to DMC services. They can purchase the storage space at the best price reached through the MatchOrder Contract or lease their own idle storage space to get remunerations, or gain profits as pure traders to increase the value of the project, or obtain community autonomy development rewards by iterating community technology as developers.
The perfect fit of the design represents DMC's effort for Web3. There are now more and more projects carrying a Web3 label on the market, but many of them go downhill and become transitional products. Web3 will unlock a more valuable Internet for the next Internet era. DMC will seize the opportunity given by the era to provide secure, stable, and completely decentralized real storage services for users to control the value of their data and establish a full ecosystem. With the growth of Web3, it will penetrate from the storage transaction layer to the storage application layer and eventually extend to the storage service layer.
