What kind of projects are users looking for?

The Web3 industry has gone through multiple cycles, from the ICO boom to VC coins, and now to the recent phenomena of inscriptions and meme coins. Each stage has revealed some issues and showcased the changing demands of users. By analyzing these phenomena, we can summarize the characteristics of the projects that users are truly looking for:

1. Continuous Construction Momentum

Users hope that the project team can focus on project development and ecosystem construction for the long term, rather than losing motivation after obtaining financing. This requires a reasonable token allocation and release mechanism to avoid the project party or investors cashing out too early.

2. Fair Participation Opportunities

Users are tired of VC monopolies and insider trading, hoping for a fairer opportunity to participate in quality projects. Fair launches and transparent token distribution mechanisms are becoming increasingly popular.

3. Actual Application Scenarios

Pure speculation is difficult to sustain in the long term; users are starting to pay attention to the actual application value of projects. Projects that can solve real problems and have clear use cases are more favored.

4. Transparent Governance Mechanism

Users want to participate in project decision-making, rather than just passively holding coins. Decentralized governance models such as DAOs are on the rise, allowing users to truly engage in project development.

5. Continuous Value Capture

Users hope to hold tokens for the long term to achieve appreciation, rather than relying on short-term speculation. Projects need to design a reasonable economic model that continuously injects value into the tokens.

6. Technological Innovation

Users focus on technological innovations that can bring substantial breakthroughs, such as scaling solutions, privacy protection, etc., rather than simple copy and paste.

7. Compliance

With the tightening of regulations, projects that operate in compliance are more likely to gain user trust. Users are also looking for projects that can balance the ideals of decentralization with regulatory requirements.

8. Ecosystem

A single application is difficult to attract users in the long term; a complete ecosystem is more appealing. Users want to see projects build ecosystems that include diversified applications such as DeFi, NFT, and GameFi.

9. Privacy Protection

In today's world where data security is increasingly important, projects that can protect user privacy are more attractive. The application of technologies such as zero-knowledge proofs has garnered significant attention.

10. Integration with Traditional Industries

Projects that can connect the crypto world with the real world, such as in payments, identity verification, and other fields, are more likely to achieve widespread adoption.

Overall, users are looking for projects that can strike a balance between decentralization, fairness, practicality, innovation, and compliance. Future successful Web3 projects need to continuously work on these aspects in order to truly win users' favor and long-term support.