The Global Land Grab Movement in the Web3 Era

The progress of human civilization can be traced back to the Paleolithic era, 3 million years ago. Since then, we have experienced the Mesolithic era, the Neolithic era, and three agricultural revolutions. These seemingly ordinary changes have actually driven tremendous progress in human society.

The "enclosure movement" in Europe, which began in the 12th century, although seemingly brutal on the surface, actually liberated productive forces and laid the foundation for the Industrial Revolution. During the same period, the development of the shipping industry, textile industry, and sheep farming formed an industrial chain that promoted economic transformation.

The development of finance is equally important. The establishment of the Amsterdam Stock Exchange in the early 17th century marked the beginning of the first financial revolution. Over the next few centuries, financial markets continuously evolved, providing strong capital support for the Industrial Revolution.

The speed of human society's development has shown exponential growth. It took 3 million years from the Stone Age to the Agricultural Age, 14,000 years from the Agricultural Age to the Industrial Age, and only 500 years from the Industrial Age to the Digital Age. In 2009, the emergence of cryptocurrencies represented by Bitcoin may trigger a second wave of financial revolution.

A significant feature of the digital age is the programmability of tools. Since the advent of integrated circuit computers in 1964, humanity has entered the digital age. The development of web technology has gone through a process from Web 0 to Web 3, with each iteration bringing about tremendous transformation.

The core of Web3 lies in giving users more data sovereignty. Thanks to blockchain technology, Web3 can ensure the verifiability of data at the moment of its creation, thus achieving true ownership confirmation. This feature allows Web3 to showcase immense potential across various fields such as finance, gaming, and social networking.

However, the development of new things is always full of challenges. The development of Web3 and cryptocurrencies also faces resistance from multiple aspects such as regulation and public awareness. But history tells us that truly valuable innovations will ultimately be recognized and popularized.

Currently, top global investment institutions and talents are actively engaging in the Web3 field. According to statistics, the United States dominates the infrastructure sector, while the Chinese community excels in the CeFi and DeFi fields. The gaming sector is primarily led by Asian players.

In terms of financing, US projects hold an advantage, but Chinese projects are catching up quickly. The recent release of a cryptocurrency trading consultation document in Hong Kong may signal a shift in China's policy in the Web3 sector.

The number of Web3 users has reached 250 million and is growing rapidly. It is expected to reach 1 billion users within 5 years and potentially cover 60% of the global population within 10 years. This digital revolution is changing the world at an unprecedented pace, and each of us needs to be prepared for it.