We have invested in over 80 projects in the primary market, covering 7 core sectors within the Web3 industry, including: blockchain infrastructure, decentralized finance (DeFi), data analytics tools, culture and entertainment (including content creation), on-chain social networks, DAO tools, and gaming.
Our current investment focus is on Web3 commercial apps and their supporting infrastructure.
Web3 Commercial Apps
Infrastructure for Web3 Commercial Apps
Commercial Applications Drive Technology into the Mainstream Economy
At the current stage of Web3 development, we need commercial applications across various industries to leverage the core technical features of Web3 for their own business purposes, creating and issuing data assets on-chain for users on a large scale, and thereby developing their new internet business models. In this process, they will generate significant commercial value and become the first generation of native Web3 applications.
Data is the Core of All Internet Commerce
Web3 commercial applications are dAPPs that emphasize data-decentralization. The data assets referred to here include user identities, membership levels, concert tickets, highlight moments of musicals, the first batch of crowdfunding cards from a singer's debut, the real-time distribution of "Fan Xian's Smile" during a specific scene in Joy of Life, and various types of check-in credentials. These will all use NFTs as the data carrier, while the original content of the data can be stored on decentralized infrastructure like Greenfield.
Web3 Commercial Apps: The First Generation of Native On-Chain Data Asset Solutions
Web3 needs to return to its value origins and the most fundamental business logic. Can it make money? Can it provide a better experience for internet users? When a Web3 commercial application has genuine product users, all with wallet addresses, then we can introduce token economics. At that point, token holders will no longer just be speculators and airdrop hunters. With a robust business foundation, Web3's ultimate weapon—token economics—can truly take off. Data assets come first, followed by financial assets.
Listed in no particular order
Web3 is to internet commerce what Bitcoin is to finance. Ethereum has been around for nearly a decade, and Web3 commerce is just beginning. The opportunity to co-build Web3 commerce now is akin to buying Bitcoin at $100. If you are interested in Web3 commerce, whether you are a startup team or a resource provider, please reach out to us. For Web3's commercial soul to keep pace with AI's physical advancements, we need your support and participation.
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