Original source:AlΞx Tsu

Compilation of the original text: The Way of DeFi

Original source:

Compilation of the original text: The Way of DeFi

It's been over a week since I got home from EthDenver. Inspired by the builders advancing this field, I'd love to share what I've learned. After attending talks at EthDenver and chatting with builders on the sidelines or during meals, I wanted to break down this craze into four major web3 trends.

Extended DAOsSam HarrisonTalking it out: The DAO's MisadventuresEric ArsenaultOn EthDenver, the sentiment for The DAO is 50% excited and 50% depressed. On the one hand, builders are ecstatic about a future where users across the web3 come together to build, invest, and create communities. On the other hand, almost all active DAO members talk about the shortcomings of Discord, the hundred tools used to run the community, and the challenges of trusting anonymous peers to fulfill their responsibilities. For example, in

Talked to John Lee about building consensus and bringing people together to achieve a vision as a big source of "misadventures with DAOs".Kristin Chenandtop.ggHere's a set of questions DAO builders shared with me. First, the DAO is still figuring out how to find and absorb new members. (For example,

and

Build a discovery layer for DAOs. ) Second, frustration with Discord, especially the amount of spam, the difficulty of parsing dozens of channels for relevant information, and the "back and forth" between Discord and third-party tools. Third, DAO leaders are trying to figure out how to balance speed and democracy.

I'm excited to see how DAO tools and governance evolve in 2022.

creator economySpeak Up: The Future of the Creator EconomyEthDenver sees a large number of artists and musicians who are attracted to Web 3 because they have a better chance of monetizing their creations and engaging with fans. I've heard from artists like Daniel Allen

That is, moments like the one below.Catalog Works、Sound.xyz、SoundmintorRoyal.ioCollectors and artists are discussing things likeQuantum Art 。

or

On the topic of creator economy, there are two trends worthy of attention. First, artists and fans alike are finding new mediums to engage with each other. Beyond Discord's access and social proof, people are finding out what ownership of an artist's NFT means.pppleasrofshibuya.xyzSecond, Web 3 is finding new art forms. The most innovative of these is theShibuya.xyzof

, which allows the community to control the direction of long-form video narratives.

Transform traditional static artwork assembled by a single creator or team into a community-led initiative where fans can have a say in how art is shaped. To me, this is the next frontier.

NFT after the avatarConfidential: NFTs - beyond artAmong the attendees I spoke with, it was widely believed that the days of PFP NFTs were fading. NFT enthusiasts believe that blue chips will survive, but as GaryV

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Ben LakoffAs pointed out, most will be forgotten like the ICO boom of the past.Charged ParticlesSo the EthDenver narrative is what's next for NFTs. What new use cases will digital ownership bring?

The conversation hinted at what would happen next. He mentioned the financialization of NFTs, which includes the leasing of NFTs, the use of NFTs as collateral, and NFTs as an online identity layer, which may one day become offline identity. For example, Ben developed

Allow NFTs to be containers in which to keep additional assets. I predict that we will see more NFT protocols being created to connect the offline world with everything that happens on-chain.

In 2022, we will see more protocols providing infrastructure for NFTs to scale to new use cases.

Solve the multi-chain problem

Talk to: EVM Interoperability Across EcosystemsLayerZeroDeFi veterans will know the UX pain of managing tokens across chains. For example, if you provide liquidity to Curve on Avalanche, you cannot view or interact with your tokens on Curve on Polygon from the same interface. Additionally, if you want to transfer tokens from a pool on one chain to a pool on another chain of the same protocol, you will need to take your tokens out of the tool, utilize a third-party bridge, and re-deposit these coins.

The last key trend I noticed from EthDenver is making the multi-chain world simpler and more secure. Solutions here include better bridges likeand other protocols, which allow users to interact with the protocol across chains. This means that a user with money on chain A can mine on chain B without depositing, lending, bridging, swapping, and depositing on the other chain. Overall, builders in this space are either focusing on making bridges more robust, or abstracting the chain away from the user so the user can focus on the journey they are trying to complete.The above four trends are probably the topics that people are most concerned about at the EthDenver conference.