User Requirements: Understanding the Key Issues in Web3 Project Development

Web3 projects have undergone different stages such as ICOs, VC investments, and Meme coins, each exposing certain issues. By analyzing these problems, we can better understand the true needs of users and the market.

1. Insufficient Motivation for Continuous Project Development

Early financing models allow project parties to obtain a large amount of funds, but lack the motivation for subsequent construction. Users and builders need to continuously receive rewards, rather than being discouraged or deceived.

2. Insufficient Fairness and Sustainability

Users desire a fairer issuance and distribution mechanism to reduce the manipulation space for market makers. At the same time, projects need sustainable external value injection to avoid purely zero-sum games.

3. Inadequate Governance Mechanism

The project lacks effective management and supervision mechanisms, making it impossible to balance the interests of all parties. It is necessary to establish a more完善的DAO governance structure and introduce third-party supervision.

4. Insufficient Value Capture and Injection Mechanism

Many projects lack mechanisms for long-term value accumulation, making it impossible to achieve sustainable development. There is a need to design better value capture and external value injection mechanisms.

5. Limited Application Scenarios and Actual Value

Many projects lack real application scenarios and practical value, making it difficult to survive in the long term. Users expect projects that can solve real problems and create value.

6. Regulatory and Compliance Issues

Unclear regulations lead to market chaos, making it difficult to protect user rights. A clearer regulatory framework and industry self-discipline are needed.

7. Insufficient Integration of Technological Innovation and Practical Application

Relying solely on hype is not sustainable; it is necessary to deeply integrate technological innovation with practical application scenarios.

In summary, what users and the market need are high-quality Web3 projects that can continuously create value, are fair and transparent, have sound governance, and comply with regulations. The directions that may have the potential to lead industry development in the future could include innovations in the Bitcoin ecosystem, the integration of AI and Web3, and other areas.