The value internet is Web3.0, and user data assets are the core of Web3 applications. In Web3.0, users have greater control and ownership over their data assets. This means that users can decide how to use, share, and profit from them.
Current Status and Stages of Web3 Development
Web3 is not just Bitcoin and crypto finance, it is the value internet, an evolutionary upgrade of Web2. Due to the innovation in the underlying data storage and payment methods, the arrival of Web3 will not be as clear as the upgrade from PC internet to mobile internet, but will be quietly built from the beginning of data. User data and data assets are being massively created on the chain, because the super user experience of Web3 needs to be built around user data.
The core essence of Web3 is "Own". For Web3 to truly become Web3, rather than just being limited to the crypto finance field, the key is to enable users to own data assets, not just financial assets. User ownership of their own data is the basis for users to obtain better service experiences and for different users to receive differentiated services. The internet has evolved from meeting needs to personalization, and then to the stage of differentiated services. AI has given us the productivity to achieve differentiated services, but the large-scale value coordination of millions of services can only be supported by Web3.
The current Web3 has not yet reached the stage of native applications. Except for the native financial applications, it is difficult for other types of applications to emerge. The reason may be simple - we still don't have enough non-financial Web3 users. The reason is that there is no large-scale popularization of native commercial applications.
The development stage of Web3 has two aspects: The vanguard of Web3 - crypto finance is moving much faster, with the number of active addresses reaching about 600 million, which is equivalent to the number of internet users in 1999, so we have already seen native financial applications like USDT, wallets, and DeFi; but the core of Web3 - the next-generation internet is still far from user popularization. Only when a large amount of user data assets and services around these data assets appear on the chain, will users actively choose to use wallets to interact with the internet and use internet products, and Web3 will arrive.
Web3 Internet Needs Commercial Applications as a Carrier
Any technology needs to be integrated into the mainstream economic system, and commercial applications need to be the carrier. In the current development stage of Web3, we need commercial applications in various industries, which, for their own commercial purposes, grasp the core technical characteristics of Web3, massively create and issue data assets on the chain, and develop their new internet business models based on this. In this process, they will create huge commercial value and become the first generation of native Web3 applications.
All internet commerce is based on data as the core, whether it is centralized or decentralized. The commercial applications of Web3 focus on data-decentralized dAPPs. The data assets mentioned here refer to user identity, social, membership levels, movie premieres, concert tickets, and highlights of musicals, all of which are stored in the decentralized Web3 network.
Therefore, we have sorted out five core technical features of Web3: 1) Unified ID across the network; 2) Value internet: the internet and banking network are combined into one network; 3) Everything can be assetized: finance and data; 4) Able to establish complete "live data" across regions and platforms; 5) Able to directly reach users at both the information and value levels.
In the Web2 internet, we can no longer make a difference, we need better and cheaper data traffic. Since the data of Web3 is on-chain and open, application teams can share data in a co-built way to promote business growth. We encourage and strive to promote all projects to work together.
Against this background, INTO, as an innovator in the Web3 field, is actively building Web3 commercial applications, at the forefront of industry development.
INTO Builds Web3 Commercial Applications from Multiple Core Functions
INTO is a highly integrated and feature-rich comprehensive infrastructure built for Web3, integrating cross-chain crypto wallets, Web3 social and a multi-functional mini-program ecosystem, providing a stable and efficient digital solution ecosystem platform for users and developers.
In terms of Web3 social, INTO has many unique features. It can realize instant messaging, chatting, making friends, community operations, and sharing of mini-program ecosystem applications, just like traditional WeChat and Telegram social platforms, and can be used to replace traditional social platforms to achieve one-stop Web3 social services.
Most importantly, INTO is a decentralized social network based on blockchain technology, ensuring distributed storage and encrypted protection of user data, realizing data privacy and self-control, and truly achieving social freedom. Users can freely express their views, share content, without worrying about data leakage or abuse. Through the INTO SBT decentralized identity system, users can independently choose to share data across multiple platforms, migrate across platforms, and maximize the value of data assets, which fully reflects the user's ownership of data assets, in line with the core essence of Web3. For example,
Its cross-chain crypto wallet supports multi-chain operations, such as Ethereum, BNB, SOL and other mainstream blockchains, allowing users to freely switch and manage assets across different chains, providing a seamless experience of cross-chain asset management, which meets the technical characteristics of the Web3 value internet where the internet and banking network are combined into one network, and everything can be assetized, providing users with a convenient asset management method in Web3 commercial applications, while also providing a basic support for the circulation of value in commercial applications.
The simple and intuitive user interface of the wallet is suitable for users of all experience levels, retaining traditional habits in social operations, making it easy for users to integrate into the Web3 social environment, which helps to attract more users to use it and promote the popularization of Web3 commercial applications. The wallet integrates the digital identity created by SBT technology, which is associated with the wallet address, ensuring the security of asset transactions, and establishing a trust foundation in social interactions, which reflects the feature of Web3's unified ID across the network in user identity management, and also enhances the trust of users in commercial applications.
INTO uses a social token incentive mechanism and issues governance tokens. Users can obtain tokens through active interaction and high-quality content creation, which not only enhances their participation enthusiasm, but also realizes the feedback of data value. Users can participate in platform governance decisions, determine the development direction of the platform, and share the economic benefits of the platform, such as the actual benefits brought by the increase in token market value. For example, a user who publishes a high-quality photography work receives a large number of likes and interactions, and thus obtains token rewards, which can be used for consumption, trading or withdrawal within the platform, and the user can also participate in platform rule-making and other governance affairs based on the tokens held.
INTO's AI-driven personalized experience is unique. Using AI technology, it provides customized content and social recommendations based on user interests, preferences and social behavior, accurately recommending interesting content and potential social partners, improving social efficiency and quality. In chat, AI automatically translates and explains chat content, analyzes tone and emotion to provide thoughtful reply suggestions, eliminating barriers to cross-border communication and greatly enhancing the effect and comfort of communication. For example, for a user who likes to travel, the platform will recommend other travel enthusiasts as well as related travel guides and niche attractions, and the real-time translation and emotional analysis functions of AI will make the communication with foreign travelers smooth and pleasant.
Here is the English translation: He Yi's decentralized mini-program platform supports the integration and seamless operation of various Web3 applications, breaking the centralized restrictions of the traditional social platform mini-program ecosystem, and providing users with a secure, transparent, fair, open and free service environment. Users can freely choose to use various Web3 applications to meet different needs, expanding the functionality and practicality of the platform, which is in line with the data-decentralized characteristics of Web3 business applications, and provides a good platform environment for the development of business applications in the Web3 network. The smart development and operation tools provide developers with modular development tools and automated operation functions for smart contracts, greatly improving development and management efficiency. The open developer platform provides open APIs and development tools, and through the decentralized governance mechanism, users and developers can participate in platform management and development together, attracting more developers to join and enrich the mini-program ecosystem, promoting the continuous development of the platform, which is conducive to the rapid construction and development of business applications in various industries on the INTO platform, and promoting the prosperity of Web3 business applications. Followin' these innovative initiatives, INTO is building a complete ecosystem in the Web3 social field, not only providing users with a high-quality social experience, but also providing developers with a good creative environment, and providing a solid foundation for the implementation of business applications. When users accumulate a large amount of data assets such as social relationships, token assets, and personalized data on the INTO platform, and use various applications through the mini-program ecosystem, INTO will become an important carrier for Web3 business applications, driving Web3 business applications to thousands of households, truly realizing the value of Web3, occupying an important position in the development opportunities of the Web3 value Internet, and becoming a leader in the Web3 business application track.
