I've been pondering a question: Leaving aside cryptocurrency speculation, what's left of Web3? I've thought about it over and over, but I can't find any counterarguments. Right now, when I think of Web3, two things come to mind: The stench of money-grubbing, the desperate rush to make a quick buck; The stench of liquidation. The hype surrounding cryptocurrency speculation is overwhelming. So much so that the first thing that comes to mind when people mention blockchain is, "Isn't that just a place for cryptocurrency speculation?" Web3 has been compressed into an extremely simplistic image—the oldest industry in thousands of years: casinos. Open Xiaohongshu (a Chinese social media platform), and you'll find countless bloggers teaching you how to get started with Web3.