The best use case for Web3 will ultimately be DeFi. For Web3 to be meaningful, one of the following must be met: - It must do something that Web2 cannot do, or - It must do something better than Web2. However, DeFi meets both criteria. A prime example is that RWA enables the tokenization of assets that have been impossible for hundreds or thousands of years and allows for 24-hour trading of these assets. Additionally, recent movements in the U.S. regarding the Genius Act and the adoption of stablecoins by e-commerce companies support this. Payments and remittances through stablecoins significantly reduce the 5-10% fees charged by Web2 payment gateways and card companies, and even provide customers with a 0.5% cashback. On top of that, there are additional earnings from government bond yields. (Shopify and USDC) Web3 loan rates and savings rates are also higher than those of Web2. Since it is based on smart contracts and protocols, there are no bank branches or tellers like in Web2. This allows for the return of rental costs, labor costs, and various overheads to the customers. The movement towards the adoption and legislation of Web3 is very rapid in major countries, led by the United States. As this happens, the gateways and infrastructure between Web2 and Web3 will increasingly be recognized for their higher value. The recent rise in the stock price of Circle, which went public, is evidence of this. I believe that more Web3 platforms will emerge. For example, @infinex provides a one-stop solution. Through the Swidge between numerous chains and countless coins and tokens, as well as the soon-to-be-released Connect feature, it will become a gateway between many Dapps. Meanwhile, BTC-Fi will also present a significant opportunity. If products leveraging the $2T market cap of BTC are developed, the demand will explode not only from retail but also from large institutions. I hope that @satlayer will capture a large share of this pie. Furthermore, providing liquidity between chains will also become important. I hope that @MitosisOrg, which advocates Programmable Liquidity, will quickly seize this opportunity. I hope that the projects I love will become key players in the upcoming DeFi Summer!
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