Juejin Web3.0 Wave: Why Is This Generation of the Internet Worth Paying Attention To?

Investor Guide: What is Web3.0, and How to Distinguish Genuine Projects from Fakes?

The concept of Web3.0 is booming, but a flood of mixed-quality projects is emerging. Many teams are packaging products under the banner of “Web3.0,” making it difficult for investors to tell real from fake. Before investing, it’s essential to deeply understand the essence, development logic, and true value of Web3.0, so as to identify projects with genuine potential.

Core Differences of the Third Generation Internet: Why Web3.0 Is Different

Since its inception, the internet has gone through three stages: Web1.0, Web2.0, and Web3.0. These generations differ fundamentally in technological foundation, user participation, and data control.

Web1.0 (1990-2004) was a read-only internet, where users couldn’t interact with websites and there was no concept of identity; Web2.0 (2004-present) allowed users to read and write, but data ownership remained firmly in platform hands; Web3.0 (2014-present) aims to give users full ownership of their data, assets, and identities.

Technically, Web3.0 is a new generation of the internet centered around blockchain. Blockchain endows Web3.0 with features like decentralization, immutability, transparency, and permissionless access—these are key to solving the issues of Web2.0.

The True Value of Web3.0: Not Conceptual Hype, but Real Needs

Imagine a scenario: you are a content creator publishing work on social platforms to attract followers and monetize, but you have no real control over your content ownership, fan data, or revenue distribution. This illustrates the dilemma of Web2.0—users create value, platforms profit, and user data may be leaked.

Web3.0 aims to break this monopoly. Through blockchain and smart contracts, Web3.0 enables users to:

• Own and control their data
• Directly earn revenue from content monetization
• Participate in platform governance and decision-making
• Protect personal privacy and assets

This is not just a pseudo-demand but a genuine solution to existing real-world problems.

Web3.0 Ecosystem Overview: How Blockchain, Cryptocurrency, and NFTs Interconnect

To understand Web3.0, it’s important to clarify its relationship with related concepts:

• Blockchain is the foundation: the underlying technology supporting Web3.0
• Cryptocurrencies are tools: for value exchange and incentive mechanisms
• NFTs are applications: enabling digital asset ownership and verification
• DeFi and the Metaverse are scenarios: specific directions for applying Web3.0 technology

In short, Web3.0 aims to restore ownership to users, relying on blockchain technology and supported economically by tools like cryptocurrencies and NFTs.

Where Are the Genuine Web3.0 Investment Opportunities?

According to market data, the Web3.0 sector has a total market cap of about $23 billion, accounting for 2.18% of the global crypto market, with around 200 related projects. However, not all projects are worth investing in.

Genuine Web3.0 projects should solve real, pressing problems, not just hype. Some representative projects include:

• Polkadot (DOT): solving cross-chain infrastructure issues
• Chainlink (LINK): a decentralized oracle network connecting on-chain and off-chain data
• Filecoin (FIL): distributed storage solutions
• ApeCoin (APE): DAO governance token

These projects address actual challenges within the Web3.0 ecosystem, have tangible technological achievements and user bases, and are more resilient to risks compared to pure concept projects.

How to Trade Web3.0 Tokens: Choosing the Right Platform

Trading mainstream Web3.0 tokens (such as DOT, LINK, FIL) can be done on multiple major exchanges. For decentralized trading, platforms like Uniswap and PancakeSwap are options. Different platforms vary in fee rates, liquidity, and supported tokens, so investors should choose based on their needs.

The Future of Web3.0: From Concept to Reality

Although the concept of Web3.0 was first introduced by Tim Berners-Lee, the inventor of the World Wide Web, in 2006, and later redefined by Ethereum co-founder Gavin Wood in 2014, its systematic development has only been about two years. Therefore, a smaller market size and some bubbles are normal.

It’s similar to early artificial intelligence—initially hyped, then cooled off, but no one doubts its eventual value. The demand for user data privacy and ownership is real and undeniable.

Advice for Investors

If you are optimistic about the long-term prospects of Web3.0, consider allocating a controlled risk proportion of your funds. Focus on projects with tangible technological results and real problem-solving capabilities, rather than just following hype. Be cautious of projects with false propaganda or quick-profit schemes. Maintain rationality during bull markets and stick to fundamental analysis during bear markets.