Lưu trữ cho từ khóa: #Internet

DeFi

Connect people and platforms: The identity-first path to decentralization | Opinion

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We have a people problem in web3. Unfortunately, despite the promise of decentralization and data ownership, platforms still aren’t talking to each other very well. As a result, ingrained issues like identity management, data sovereignty, and privacy continue to trouble our nascent sector.

A unified framework is, therefore, key to unlocking web3’s true potential—one that bridges the data divide and provides decentralized identity with strong privacy protections. This approach proposes a win-win for both sides of the stakeholder equation. Users benefit from cross-chain identity, data monetization, and a unified sense of self. Businesses, meanwhile, gain access to rich and verified user data while maintaining privacy and regulatory compliance. Better yet, this identity-first path to decentralization enables other new capabilities like on-chain reputation systems, chain-agnostic logins, and AI data utilization.

One thing’s becoming increasingly clear in the early days of web3—we must get identity right to get decentralized ecosystems right. Let’s explore how we can best connect people and platforms in this brave new world of the internet.

A win-win for users and businesses

Take a closer look and you’ll notice fragmented identities and disconnected data sovereignty hindering interoperability in both the internet new and old, leaving users with scattered information across the digital ether. This lack of integration limits trust-building and creates inefficiencies in industries—from advertising to AI—where cohesive data is essential.

These issues are all too familiar. Web2 social media giants and search conglomerates centralize identities but fail to connect them across platforms. The result? Siloed, static profiles owned by platforms and not people. Web3 promises a solution: decentralized, interoperable identities owned by individuals. However, putting this into practice is proving challenging.

While web3 improves upon its predecessor, true interoperability and seamless identity management remain elusive. Emerging protocols, however, are tackling this head-on. Projects like LayerZero, which aims for omnichain interoperability, and Gitcoin Passport, which focuses on open-source identity verification, are just two projects paving the way.

As a result, the identity and data layer is becoming a foundational piece of the web3 stack, and protocols and platforms can better offer digital identity management, on-chain reputation building, and data sovereignty.

As mentioned, this new reality benefits both users and businesses. Users can better connect with their online identities by owning, managing, and monetizing their personal data. At the same time, they can interact more safely and privately with dApps. CARV ID, backed by ERC-7231, exemplifies this by allowing web3 gamers to aggregate and manage on-chain wallets and off-chain accounts in one place. 

For businesses, identity and data layers provide access to verified and (most importantly) consenting user data, which improves targeting, decision-making, and remarketing.

Better data, better results

The benefits don’t stop there. Unified identity supports a range of applications that improve the experience for individuals and the ecosystem. On-chain reputation systems, for example, allow users to build and maintain credibility across various web platforms, while chain-agnostic logins enable games and applications to provide data access regardless of where they live. Moreover, truly interoperable decentralized identities facilitate secure account recovery—a crucial advancement for blockchain-based wallets that addresses a long-standing pain point.

Identity and data solutions also unlock other new possibilities. Privacy-preserving advertising becomes feasible when users can opt-in and choose to monetize their information on their terms. And, as AI becomes more prevalent and data-hungry, decentralized identities enable model training that provides personalized experiences while still protecting privacy.

Ultimately, better data gives better results. This identity-first path to decentralization encourages consistency across platforms and creates a more intuitive and empowering online experience for all.

Identity and the user-owned internet

Today, there’s no difference between identity and digital identity. Working, socializing, gaming, and evermore facets of modern life increasingly happen online. Therefore, who we are and how we express ourselves should be interconnected across web3. Likewise, our online contributions—especially when used by companies for data ingestion and private profit—should be rewarded.

In its annual web3 survey, Consensus found that 79% of respondents want more control over their identity on the internet. At the same time, 38% of respondents globally believe they are adequately compensated for the value and creativity they add to the Internet. 

These two ideas—identity control and fair compensation—are intrinsically linked. When people gain true ownership of their identity and can decide for themselves how to share or monetize their data, they’ll naturally be more fairly compensated for their digital contributions. This alignment is core to creating a user-owned internet that values individuals over corporations.

It’s simple: Future-forward protocols and platforms put people first. If we can connect people with platforms that prioritize privacy, scalability, and interoperability, we have a much better shot at shifting the digital status quo. Whether you’re a user, developer, or business leader, the time to engage with and shape this future is now. Let’s seize it and build an internet that is truly for people, by people.

Tổng hợp và chỉnh sửa: ThS Phạm Mạnh Cường
Theo Crypto News

DeFi

Rest in peace, profile pictures. Long live NFTs! | Opinion

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NFTs aren’t dead. Their potential is just different from what was originally embodied by the epic rise and crash of the PFP market in 2021. Profile pictures, digital art, and collectibles are just a few basic use cases for nonfungible tokens, a revolutionary form of digital asset in which, unlike cryptocurrency tokens, each item is unique and typically cannot be seamlessly substituted for another.

Unfortunately, the concept of NFTs has been conflated with expensive JPEGs due to the 2021 NFT craze that not only did a terrible disservice to crypto generally and NFTs specifically but, in hindsight, was extremely dumb. Which is why only a year after the initial boom, trading volumes plunged more than 90%.

The runaway speculation on NFTs was a human problem, not a tech problem. The situation was similar to any number of precedents, for example, collecting baseball cards back in the ‘80s. Buying packs or boxes at a time, you’d pay very little for a bunch of cards on a per-unit basis—and only a select few would end up being worth a significant amount of money in the long term.

Generally, collectibles—such as sports cards, music albums, popular memorabilia—begin their lives as “one among many,” all of which are a low cost/value, and no one can really predict which ones will be worth something in the future.

Million-dollar zoo animals

Naturally, in 2021, everyone got caught up in the fever of the bull run, and many lost their sense of proportion—paying an inflated seven figures for digital zoo animals. And, of course, some degens and celebrities sought pricey PFPs precisely because they were expensive and they wanted to flex. NFTs quickly became a status symbol, representing the (alleged) wealth of their owners. 

The whole idea of paying huge sums for newly released digital collectibles in hopes that they would increase in value was ludicrous. No wonder now that if you mention to a normie that NFTs are useful and will form an important part of the future digital economy, you’re likely to get laughed at. All they remember is people paying stupid amounts of money for “art” a child could make in MS Paint.

Breaking down the fundamentals

The image of NFTs was badly damaged in the view of the broader public and has not recovered along with the broader portion of the market. This is a real shame because NFTs as a vehicle for digital ownership had real potential to draw in masses of new users into web3.

To appreciate the potentially transformative power of NFTs, it’s important to first ground your thinking in the fundamentals.

An NFT is a data structure for modeling data that has unique properties.

People’s lives are moving increasingly into the digital space, so it shouldn’t be surprising that, ultimately, there will be digitally native goods that people want to own.

Modern ownership

In the web2 world, ownership of anything digital is pointless because it’s so easily copied and/or shared. (Looking at you, memelords wearing out the ‘save-as’ shortcut on your keyboards.) To mitigate this, content owners will often employ common web2 digital rights management  barriers such as paywalls, encryption or just restrict access. But in the end, this additional friction only makes it more difficult to share with the creator’s audience and hold their attention.

Here’s where NFTs come in. Their use cases are boundless—not only to create digital representations of physical things (real-world assets) but also to express ownership of digitally native things.

However, it’s important to understand what rights are actually conferred on the owner of an NFT. Is your NFT a digital representation of your ownership of a physical Picasso painting? Does your NFT only give you the right to showcase the digital art itself? How about the right to print T-shirts with the art on them and collect royalties on sales? This is an area that will require a great deal of consideration to get right. If NFTs start coming with ten pages of fine print licensing agreements, that will certainly take the fun out of them.

Utility beyond PFPs

Beyond solving the problem of digital ownership, NFTs can also be imbued with all kinds of utility: exclusive access to members-only events, collateral for loans, DAO voting rights, representations of positions in DEX Liquidity Pools, etc.—making them an incredibly powerful tool for creators. These uses may have absolutely nothing to do with art, and NFTs can operate in the background as vital components powering complex protocols.

Oftentimes, non-crypto natives fail to distinguish the technology from the asset, resulting in blockchain taking blame for the stupidity or nefarious behavior of humans. Regardless of the bottomed-out prices of infamous PFP collections, NFTs aren’t dead at all; their innovation is simply overlooked. In fact, you may be surprised how much NFTs underpin the RWA revolution that is happening right now in the blockchain sector.

Tổng hợp và chỉnh sửa: ThS Phạm Mạnh Cường
Theo Crypto News

Altcoin

Creator economy 2.0: AI and web3 define the digital success | Opinion

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The creator economy is rapidly evolving, with projections indicating it will reach a staggering $480 billion by 2027​​. However, despite the rapid growth of digital platforms, the majority of creators find themselves grinding with minimal returns while platforms and third parties rake in the majority of the profits. This scenario is far from sustainable, and the future of the creator economy demands a radical shift. Creator economy 2.0, a phase that will be shaped by artificial intelligence and web3 technologies, is set to shift the dynamic between creators and platforms.

The problem with the creator economy

In the first wave of the creator economy, centralized platforms like YouTube, Instagram, and TikTok gave creators a stage to build audiences and monetize their content. But these platforms have come with substantial trade-offs. Creators are often at the mercy of platform algorithms, arbitrary account closures, and profit-sharing models that are heavily skewed in favor of the platform. For instance, YouTube takes a 45% cut of ad revenue, while platforms like TikTok offer limited monetization options despite generating billions in advertising​.

Even more concerning is that 48% of creators earn less than $15,000 annually​. As creators produce content that drives engagement and keeps platforms profitable, they are left with the scraps, often struggling to make a living. This imbalance between platform profits and creator earnings has sparked a growing demand for change, and the answer lies in AI and web3 technologies.

Enter creator economy 2.0: Powered by AI and web3

The next wave of the creator economy will be marked by two key innovations: artificial intelligence and web3 infrastructure. These technologies promise to address the limitations of traditional platforms by empowering creators with more control, independence, and financial autonomy. 

Artificial intelligence is already transforming content creation, but the next phase will take it further. AI tools, like AI personal assistants, will become indispensable for creators​. These AI-driven systems will help creators generate content, manage fan interactions, schedule posts, and even create personalized AI influencers that can autonomously engage with audiences​.

Imagine having an AI “twin” that handles the mundane tasks of fan engagement and content management, allowing creators to focus on what they do best—creating. By automating routine tasks, AI will enable creators to scale their operations and expand their influence without burning out. This goes beyond simply saving time; it’s about unlocking the potential to do more, create more, and engage more deeply with audiences.

Moreover, these AI tools can learn from a creator’s style and tone, ensuring that the interactions feel authentic and personalized. Creators will be able to leverage AI for everything from personalized fan experiences to on-demand content creation, making the digital hustle not only more manageable but far more lucrative.

Web3: Decentralization and true ownership

Web3, underpinned by blockchain technology, offers creators something they’ve long been denied: ownership. In the traditional creator economy, platforms owned the relationship between creators and their audiences, as well as the content. Web3 changes this dynamic by enabling creators to tokenize their content through non-fungible tokens and smart contracts​​.

With tokenized content, creators can sell directly to their fans, retain royalties from secondary sales, and ensure that their work isn’t exploited without compensation. This opens up new revenue streams and allows creators to maintain control over how their content is distributed and monetized. No more middlemen siphoning off profits—web3 gives creators full control over their intellectual property.

By leveraging blockchain technology, creators can also engage in decentralized finance ecosystems that offer new ways to earn and invest. Whether through NFT sales, fan tokens, or exclusive gated content, creators will have more options to diversify their revenue streams and build sustainable businesses.

The benefits of embracing AI and web3

So, why should creators embrace AI and web3? Because these technologies will not only allow them to keep more of their earnings but also provide unprecedented creative freedom. Here are some of the key benefits:

●  Increased autonomy: With AI tools, creators no longer need to rely on third-party managers or assistants. They can automate fan interactions, manage content creation, and ensure that their brand stays active 24/7 without burnout​​.

●  Financial independence: Web3 allows creators to directly monetize their content through tokenization, eliminating the need for platforms that take a cut of their profits. Creators retain full ownership and can earn ongoing royalties through secondary sales​.

●  Control over content: Creators will no longer be subject to the whims of platform algorithms. By minting their content as NFTs, they control its distribution, pricing, and access, ensuring they get compensated fairly for their work​​.

●  Deeper fan engagement: AI-powered tools will enable creators to offer more personalized experiences to their fans, fostering deeper connections and loyalty. Whether it’s through AI influencers or personalized content, creators can ensure their audiences feel seen and valued​​.

The future of the creator economy

As AI and web3 technologies become more widespread, creators who adopt them will be ahead of the curve, gaining more control, independence, and financial success. Platforms like SUBBD are already leading the charge by providing tools that allow creators to automate processes, tokenize content, and directly monetize their work​. The future belongs to those who embrace these technologies and step into the new era of creator economy 2.0.

In this next wave, creators will no longer be at the mercy of platforms. Instead, they will have the tools to fully own their creative output and reap the financial rewards they deserve. Creator economy 2.0 is not just a prediction—it’s already here.

Tổng hợp và chỉnh sửa: ThS Phạm Mạnh Cường
Theo Crypto News

Phân tích

ICP price triple bottoms as BOB, MSQ push transactions higher

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Internet Computer price retreated for the fourth consecutive day as network activity surged following the launch of fair minting protocols in its ecosystem.

Internet Computer (ICP) dropped to $7.70, its lowest level since Sept. 9, and 16% below its highest point this month.

The most recent ICP news involves the launch of Blockchain-on-Blockchain, commonly known as BOB, and MSQ Burn, which describes itself as the most advanced meme coin miner on Internet Computer’s blockchain.

These protocols operate similarly to Bitcoin mining but on the ICP network. In these systems, users spin virtual miners, fuel them with the ICP token – which burns the tokens in the process – and, in return, they mine new tokens.

BOB and MSQ aim to address the challenge of minting new meme coins, which has become easy due to popular networks like Pump.fun and SunPump. As a result, no one will be able to dominate the system by minting tokens for free.

Data from Internet Computer’s website shows that activity on the network has jumped in the past few days after their launch. The number of dApps or smart contracts on the network has increased to over 564,495, much higher than the 381,500 at the beginning of the year.

Additionally, the number of transactions in recent days has soared. Queries on Tuesday, Sept. 7, reached 1,355, while updates rose to over 8,700.

The number of internet identities on the network has climbed to over 2.6 million, up from 2.5 million three months ago.

Meanwhile, the total value locked in its ecosystem has dropped to $47.19 million from the year-to-date high of over $109 million. ckBTC, its Bitcoin (BTC) digital twin, has stagnated, with its assets sitting at $16.5 million. 

ICP is showing signs of bottoming

ICP price chart | Source: TradingView

ICP has fallen by over 63% from its highest point this year, underperforming compared to other popular coins like Tron (TRX) and Toncoin (TON). 

It formed a death cross in June, and its futures open interest has dropped sharply in the past few months. ICP remains below the 50-day and 200-day Exponential Moving Averages. 

On the positive side, there are signs that ICP is bottoming as it has formed a slanted triple-bottom pattern with a neckline at $10.94, its highest point on July 22. 

Therefore, ICP may stage a strong comeback if bulls hold it above the slanted triple-bottom level.

Tổng hợp và chỉnh sửa: ThS Phạm Mạnh Cường
Theo Crypto News

NFT

From views to value: The future of blockchain innovation in social media | Opinion

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The age of direct-to-consumer is here in all aspects of the game. The $250 billion creator economy isn’t immune to this change either.

For long, traditional social media platforms have acted as gatekeepers of revenue flows, limiting ways in which creators, their followers, and unassuming advertisers engage with each other.

After seeing multiple web2-based iterations fail to balance these three pillars, it would seem the future is rightfully leaning toward web3 to democratize social media.

Empowering creators, users, and advertisers

According to a report from Mordor Intelligence, the impact of blockchain in the media, advertising, and entertainment market is expected to soar to $27.29 billion by 2029, at a CAGR of 78.49%. This transformation, which we are witnessing live, has been made possible with the emergence of defi integrations, which cut out the middleman and lay the groundwork for a new era of creativity, engagement, and trust. 

From offering solutions to dated problems like digital piracy, skewed royalty distributions, and monopoly of user data, blockchain tech is now finding rampant use in redefining human interactions. It starts with empowering creators, without whom such platforms become just another community chat center.

By thinking beyond brand engagements, SocialFi platforms are helping create a model where loyal, paying communities sustain creative livelihoods. While existing solutions focus on only the creator, the other two legs of the system — users and advertisers — can no longer be ignored. 

Here is where a tokenized ecosystem comes into play. By enabling creators to earn directly through audience engagement and rewarding every user for their digital footprint, SocialFi’s next phase should create mutually rewarding processes for everyone involved. This approach not only democratizes earnings to ensure creators are compensated fairly but also boosts user engagement by blending the interests of creators and their audiences. 

Additionally, advertisers who are part of this ecosystem have greater control over their spending, getting to engage better with the entire user spectrum and thus projecting better returns on their investment.

NFTs for digital ownership

A few years ago, NFTs appeared with a bang but quickly sobered down as hype clouded their real-world applications in tokenizing digital assets. That being said, the sector continues to see healthy funding as investors bet on its applications in industries like art, real estate, photography, music, and social content — in essence, a connection with RWA.

We’re increasingly seeing that merely making content decentralized isn’t enough. There needs to be a way to stamp your IP on it, and monetize forever. In this regard, NFTs enable creators to have true ownership with the added prospects of merchandising and recurring revenue. 

Another point to consider is the emergence of short-form visual content as the most popular form of content on the internet today. Despite their popularity, copyright violations and lack of creator credits disregard the efforts of digital participants. By offering genuine scope for visual content to be instantly converted into NFTs, SocialFi platforms can add a layer of transparency and monetization, previously untapped. 

Despite such inherent potential, integrating blockchain into the media industry is not without its challenges. Issues like scalability and interoperability aren’t new, and much rides on emerging low-code solutions that enable developers to build scalable L2s, more effectively and at lower costs.

Several networks, like Sui, for example, provide a robust on-chain development environment and equip platforms with high throughput—a crucial factor in media applications that demand high transaction speeds for optimum user experience. 

Building on-chain also ensures that decentralized and mainstream fintech tools can be plugged into a common ecosystem. Not to mention the preservation of intellectual property and thwarting cyber attacks by governing such platforms on-chain. All these factors are especially useful for seamless real-time payouts, including for micro-payments, which traditional fiat based transfers cannot service due to high transaction costs. 

The complexity of web3 interfaces may be its biggest impediment for now, but with newer platforms incorporating the familiarity of web2 with the flexibility of defi, the opportunity to bridge two different worlds has never been more achievable. 

Tổng hợp và chỉnh sửa: ThS Phạm Mạnh Cường
Theo Crypto News

Tin tức

IOTA tăng hơn 40% sau thông báo nền tảng hệ sinh thái 100 triệu USD

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Giá IOTA chứng kiến khối lượng tăng đột biến lớn đưa altcoin này lên mức cao nhất gần 1 năm, nhưng có lý do nào hỗ trợ tăng thêm không?

IOTA, một sổ cái phân phối mã nguồn mở và tiền điện tử tập trung vào Internet of Things (IOT), đã chứng kiến token IOTA gốc của nó tăng 43% vào ngày 29 tháng 11 sau khi thông báo thành lập Iota Ecosystem DLT Foundation và đăng ký tại Abu Dhabi, thủ đô của Các tiểu vương quốc Ả Rập thống nhất. Điều này làm cho IOTA trở thành nền tảng DLT đầu tiên được quản lý bởi Thị trường toàn cầu Abu Dhabi (ADGM).

Theo thông cáo báo chí từ dự án, nền tảng sẽ được đầu tư 100 triệu đô la token IOTA, sẽ được trao trong thời hạn 4 năm và các nhà giao dịch nhận thấy rõ ràng thông báo và kế hoạch tài trợ như một chất xúc tác tăng giá ngắn hạn.

Trong lịch sử, các ưu đãi của hệ sinh thái và nhà phát triển bằng các giao thức blockchain và DeFi có xu hướng thu hút tính thanh khoản cho dự án và thúc đẩy tâm lý của những người tham gia thị trường.

Vào tháng 8 năm 2021, mã thông báo AVAX của Avalanche đã giảm 1.400% sau khi công bố chương trình khuyến khích Avalanche Rush DeFi.

Kết quả tương tự cũng xảy ra với mã thông báo JOE của Trader Joe trong những tháng sau tháng 12 năm 2022 sau khi giao thức DeFi công bố kế hoạch thiết lập sự hiện diện trên Arbitrum.

Hiện tại, hệ sinh thái Arbitrum đang cung cấp tính thanh khoản và các ưu đãi dành cho nhà phát triển, đồng thời những sáng kiến này phù hợp với mức tăng trở lại 62% gần đây của giá mã thông báo ARB.

Giá của IOTA có phải là một sự kiện bán tin khác không?

Vào ngày 30 tháng 11, nhà cung cấp dữ liệu phái sinh tiền điện tử Coinalyze đã tweet biểu đồ IOTA sau đây, lưu ý rằng “tỷ lệ cấp vốn và tỷ lệ mua/bán” của IOTA đang ở “mức thấp lịch sử”.

Các nhà giao dịch thường giải thích tỷ lệ cấp vốn và tỷ lệ mua/bán là thước đo tâm lý và chỉ báo về mức độ hoạt động của các nhà đầu tư. Trong bối cảnh này, các nhà giao dịch nhận thấy tỷ lệ cấp vốn thấp phản ánh vị thế bán khống đông đúc và trong những tình huống này, một tin tức hoặc sự kiện giá tích cực có thể nhanh chóng xúc tác cho sự đảo chiều giá nhanh chóng khiến các nhà giao dịch bán khống phải rời khỏi vị thế của họ.

So sánh biểu đồ của Coinalyze với biểu đồ nến tiêu chuẩn hàng ngày dường như phản ánh động thái này, đặc biệt là nến mua khối lượng lớn vào ngày 29 tháng 11.

Biểu đồ IOTA/USDT 1 tuần. Nguồn: TradingView

Ngoài đợt đột phá giá gần đây nhất, giá IOTA đang giao dịch ở mức thấp nhất trong nhiều năm và trên khung thời gian hàng tuần, biểu đồ phản ánh mức độ không quan tâm nhất định đến dự án từ quan điểm của nhà giao dịch.

Tiền điện tử có lịch sử lâu dài chứng kiến sự tăng giá đột biến dẫn đến nâng cấp mạng chính, mở rộng đa chuỗi, thông báo tài trợ và khuyến khích nhà phát triển. Chỉ có thời gian mới biết được liệu đây có phải là trường hợp của IOTA hay không.

Bài viết này không chứa lời khuyên hoặc khuyến nghị đầu tư. Mọi động thái đầu tư và giao dịch đều tiềm ẩn rủi ro và độc giả nên tự nghiên cứu khi đưa ra quyết định.

Tổng hợp và chỉnh sửa: ThS Phạm Mạnh Cường
Theo Coindesk

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