📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
The development trajectory of Web3 is remarkably similar to that of the internet: a deep analysis of the four major stages.
Web3 is retracing the old path of internet development
The development trajectory of Web3 is remarkably similar to that of the internet industry. From concept-driven to capital influx, from user competition to ecosystem building, Web3 seems to be replicating the growth path of the internet.
The development of the Internet industry has roughly gone through four stages:
The current Web3 is also at a similar stage of development:
The popularization of blockchain technology has made "token issuance" a standard model. Projects can quickly raise funds with just a white paper and a smart contract. The ICO market experienced explosive growth from 2017 to 2018, with fundraising scales reaching new highs.
Since the large-scale airdrop by Uniswap, project teams have generally adopted token incentives to attract users. However, this growth often lacks sustainability and has a low user retention rate.
The project team has begun to focus on actual needs and product structure, building an ecosystem around real scenarios. Some projects in vertical fields have gradually found a positive feedback loop business model.
Leading projects are beginning to build complete ecosystems, with exchanges extending from trading to multiple fields such as asset management and public chains. The industry landscape is gradually becoming clearer.
The breakthrough in the future may lie in utilizing new technologies such as AI to reconstruct user experiences and business models, much like ByteDance in the era of mobile internet. The true potential of Web3 may reside in reshaping collaboration methods, lowering barriers to entry, and giving rise to new types of products and systems.