What kind of Web3 projects do users want?

The Web3 industry has experienced multiple ups and downs, from the early ICO frenzy to the later VC dominance, and to the recent Meme coin craze, each stage exposing different issues. By reviewing these developments, we can summarize the core demands of users regarding Web3 projects:

1. Continuous Construction Momentum

Project teams should not obtain a large amount of funding too early, but rather need the motivation for long-term development. Users and contributors should receive ongoing rewards, rather than being deceived or discouraged.

2. Fair Opportunity

Reduce the PVP( player versus player) mode to achieve fairer distribution and participation opportunities. Minimize the space for dealer manipulation, allowing true builders and long-term holders to benefit.

3. Effective Project Management

Establish decentralized governance mechanisms such as DAOs, introduce third-party supervision, and ensure that fund usage is transparent and reasonable. Avoid situations where project parties or VCs cash out too early and run away.

4. Continuous Value Injection

Through technological innovation and the expansion of application scenarios, continuous external value is brought to the project. This not only rewards long-term holders but also provides funding support for project development.

5. Real Application Scenarios

Projects need to have practical application scenarios and clear value propositions, rather than simple speculation. Innovation in technology and applications is the foundation for long-term development.

6. Compliance Development Environment

Operate in compliance in an environment where regulations are gradually clarified, attracting more institutional and long-term investors to participate.

7. Balancing Short-Term Incentives with Long-Term Value

Design a reasonable economic model that attracts user participation while avoiding falling into a Ponzi scheme, achieving sustainable development.

Overall, what users need are Web3 projects that can continuously create value for the ecosystem, manage transparently, provide fair opportunities, and develop in compliance. Projects that can innovate in these areas in the future are more likely to gain market recognition and achieve long-term development.