Exploring the Future of Web3 Social: How Token Incentives Create a Digital Economic Ecosystem
In the context of rapid technological development today, the challenges faced by decentralized social networks seem to be gradually overcome. This article, as the third part of a series of discussions, mainly focuses on how to utilize Token economic models and incentive mechanisms to address the income issues of Web3 social.
Create "killer applications"
For Web3 social to succeed, the key lies in whether it can produce a "killer app" similar to TikTok or Instagram, providing a completely new social experience to attract a large number of users. While it is difficult to accurately predict the specific form of the next hit application, two high-level strategies can be explored: one is to enhance the existing social experience by adding Web3 features, and the other is to create a brand new social community centered around Web3.
Tokenization enhances existing social platforms
Add We to mainstream social platforms

VanEck's research director proposes the innovative concept of "Bit Bond".
An innovative debt instrument that combines exposure to U.S. Treasury bonds and Bitcoin—"BitBonds"—has recently attracted attention. This concept was proposed by the head of digital asset research at an asset management firm during a summit, aiming to address the U.S. government's massive refinancing needs while satisfying investors' demand for inflation protection.
This new type of bond is designed as a 10-year security, consisting of 90% traditional U.S. Treasury exposure and 10% Bit exposure. The Bitcoin portion will be funded by the proceeds from the bond issuance. At maturity, investors will receive the full value of the Treasury portion as well as the value of the Bitcoin allocation.
Before the yield reaches 4.5%, investors will receive all the appreciation benefits of Bitcoin. Profits exceeding this threshold will be shared between the government and bondholders. This structure is designed to balance the interests of investors and

This documentary focuses on several countries experiencing severe Inflation, such as Argentina, Turkey, and Brazil. The film depicts how local residents cope with the challenges of severe economic instability and the continuous devaluation of their savings by using stablecoins. By adopting this digital asset, ordinary people in these countries have found a way to protect their wealth and regain control of their economic fate. The documentary vividly showcases how emerging financial technologies provide a glimmer of hope for people in economic distress against the backdrop of global financial turmoil.

Citibank Research predicts that the circulating supply of stablecoins may reach between $1.6 trillion and $3.7 trillion by 2030, primarily used for encryption transactions and payments. Stablecoins may pose a threat to traditional banks, but at the same time, they provide new opportunities for Financial Institutions, potentially impacting economic growth and credit creation.

The security issues of cross-chain protocols are becoming increasingly serious. Taking LayerZero as an example, its simplified architecture drops security, and assuming that participants do not conspire to do harm is unrealistic. As middleware, LayerZero lacks shared security, and developers need to define their own security policies, which increases the difficulty of ecosystem development. In the future, more advanced technologies should be explored to enhance the security and Decentralization of cross-chain protocols.

Can Hong Kong become the Web3 hub of Asia?
Recently, Hong Kong has shown strong development momentum in terms of policy inclusiveness and industrial layout, attracting more and more cryptocurrency practitioners. Especially against the backdrop of stricter regulations in Singapore, some centralized exchanges that have failed to obtain licenses or are subject to other restrictions, as well as practitioners with Chinese backgrounds, are starting to turn their attention to Hong Kong.
This article invites renowned analyst Zheng Di to delve into whether Hong Kong can stand out and become the global hub for the next generation of the crypto industry, and analyze the similarities and differences in Web3 regulatory directions between Hong Kong and Singapore.
Comparison of Regulatory Attitudes between Hong Kong and Singapore
Singapore is influenced by the FATF (Financial Action Task Force) and is required to regulate all virtual asset service providers registered in the country, even if their clients are not within the country. This has led Singapore to implement the DTSP license and establish a "regulatory cliff" on June 30, 2025, which directly cuts off a large number of practitioners.

As user dissatisfaction with traditional social media increases, blockchain-driven decentralized social media (DeSoc) is emerging. DeSoc utilizes Blockchain technology to ensure user privacy and content ownership, allowing for anonymous publishing, easy migration of account data, and incentivizing innovation and creator earnings. Despite facing challenges in usability and content moderation, DeSoc is expected to drive the transformation of social media by enhancing user control.

The Bitcoin Layer 2 project Bitlayer recently completed a $11 million Series A funding round, demonstrating its innovative position within the Bitcoin ecosystem. The funding will be used for global expansion and supporting more projects, promoting the application of Bitcoin in the Decentralized Finance (DeFi) sector and further developing its ecosystem.

The US stablecoin bill will mandate full asset reserves and frequent information disclosure, establishing transparency and compliance for stablecoins, promoting the application of Blockchain technology, while maintaining the financial hegemony of the US dollar. This bill marks the mainstreaming of stablecoins and brings new opportunities to the Crypto Assets industry.

With the development of Web3, the Solana Virtual Machine (SVM) has emerged in the blockchain execution environment. Compared to the Ethereum Virtual Machine, the SVM offers faster transaction speeds and lower costs, supporting parallel processing. The three projects Sonic, SOON, and Solayer are advancing the SVM ecosystem through different strategies, meeting the demand for efficient and low-cost applications, signaling challenges for traditional architectures.

Financial institutions are actively exploring the Web3 space, especially asset tokenization (RWA). Although they face challenges due to the immaturity of the technological environment and compliance issues, they are committed to combining traditional financial experience with new technologies to promote on-chain asset management. Experts recommend that institutions form dedicated teams and follow credible compliance platforms to drive the development and maturity of the RWA ecosystem.

Recent blockchain data shows that large Bitcoin holders sold approximately 140,000 Bitcoins in February, with a total value exceeding $6.5 billion. These holders' wallet addresses typically hold between 1,000 and 10,000 Bitcoins.
This selling behavior coincides closely with the timing of the market's significant decline. Prior to this, these large holders had been accumulating Bitcoin in large quantities for several weeks. Therefore, analysts speculate that the selling by these large holders may be one of the main reasons for the recent plunge in Bitcoin prices.
Looking back at Bitcoin's recent performance, it reached an all-time high of $58,400 a week ago. However, in the following days, the price of Bitcoin dropped by more than 20%, and it is currently fluctuating in the range of $45,000 to $46,000.
The on-chain data analysis platform pointed out that from March 2020 to early February 2021, the number of addresses holding more than 1000 Bitcoins increased by over 14%. The platform attributes this phenomenon

Analysis of Ethereum Scalability Solutions: The Rise of L2 Technologies
Ethereum, as one of the major platforms in the blockchain field, supports numerous decentralized applications, covering a wide range of areas from decentralized finance to non-fungible tokens. However, with the increase in network activity, it has also brought a series of challenges, such as skyrocketing transaction fees, extended confirmation times, and increased failure rates, all of which affect user participation enthusiasm.
In order to address these challenges and maintain the distributed characteristics of the main chain, the community has proposed an L2 scaling solution. The core idea of L2 is to move computation and transactions from the main network to a second-layer network, only submitting the final results back to the main network. This approach not only improves transaction efficiency and reduces costs but also maintains the security of the main network.
Currently, well-known L2 solutions include Rollups and sidechains. Rollups can be further divided into Optimistic Rollups (OP-

Recently, U.S. regulatory agencies have intensively introduced policies to strengthen the regulation of digital assets, including investigations into the electricity used for encryption mining, legislative regulation of the Spot market, and cracking down on related crimes. At the same time, the international community is also strengthening regulation to address the risks of virtual assets.

The Hong Kong Web3 Gaming Summit is about to open, gathering industry elites to discuss future developments.
On April 8, 2024, a highly anticipated Web3 gaming event will be grandly held on the 3rd floor of the Hong Kong Convention and Exhibition Centre. As the official gaming sub-venue of the Hong Kong Web3 Carnival, this summit will bring together top talents from within and outside the industry to jointly discuss the development prospects of Web3 games.
The summit will be held from 2 PM to 6 PM local time, featuring multiple keynote speeches and roundtable discussions. Attendees will engage in in-depth exchanges on hot topics such as the Web3 gaming ecosystem, the development of eSports, and innovations in gaming technology. These discussions aim to provide participants with cutting-edge industry insights, helping them better seize development opportunities in the Web3 gaming sector.
It is worth mentioning that this summit will also hold a special ceremony to showcase 31 selected startup game projects from the first phase of a certain incubator. These projects represent

Jupiter is a decentralized trading aggregation platform on the Solana blockchain, established in 2021, and now accounts for over 50% of the volume on the Solana blockchain. By launching multiple innovative products and incubation platforms, Jupiter gradually consolidates its industry position and plans to continuously optimize its products to become a unicorn project within the ecosystem.

Ethereum is undergoing supply-side reform, focusing on speeding up and reducing costs to catch up with Solana, while Solana enhances its L1 competitiveness through expanding consumption demand and technological innovation, such as Alpenglow. Alpenglow drops the security consensus to 20% to improve efficiency, applicable to various PoS chains, reflecting the evolution of blockchain technology and the demand for innovation.