One of the major advantages of Web3 is the ability to achieve secure, low-cost, and almost instantaneous global transactions.

Do not underestimate Asia, "because when she awakens, she will shock the world."

The report provides a detailed analysis and interpretation of the development status of the Web3 industry over the past year, including the overall trends and characteristics of the Web3 industry, the 2023 RootData List, and four major sections.

Every bull market in cryptocurrency is initiated by a new token distribution method.

Topics worth noting: Bitcoin ecosystem, ownership economy, AI, RWA, on-chain liquidity, institutional entry, security, account abstraction.

Looking back at 2023, the total market value of crypto has returned to $1.7 trillion, with an annual growth of over 110%. Cryptocurrencies have weathered the cyclical winter.

A few keywords to review the past year of 2023.

The report provides an in-depth analysis of the performance of the cryptocurrency market in 2023, the development of infrastructure and regulatory environment, blockchain platforms and their scaling strategies, as well as the progress of on-chain applications.

YGG co-founder Gabby Dizon shared his views on five major themes that he believes will have a significant impact on Web3 gaming in 2024 and beyond.

Looking back at 2023, the cryptocurrency and blockchain sector has seen a series of significant developments, challenges, and innovations.