全球Web3生态创新观察报告2022-DeFi之道xSUSSNiFT

页 0全球 Web3 生态创新观察报告（A Review of Global Web3 Eco Innovation）页 1全球 Web3 生态创新观察报告（A Review of Global Web3 Eco Innovation）目录前言 __________________________________________________________________________2第一章 Web3：赛博空间的文艺复兴 ______________________________________________ 4第二章 基础设施（公链） _______________________________________________________9第三章 基础设施（扩展） ______________________________________________________37第四章 去中心化金融（DeFi） __________________________________________________52第五章 非同质化代币（NFT） __________________________________________________76第六章 区块链游戏 ____________________________________________________________95第七章 DAO：从层级到网络 __________________________________________________ 109第八章 Web3 下一步——元宇宙 _______________________________________________ 120第九章 行业监管 _____________________________________________________________133后记 ________________________________________________________________________140附录：Web3 主要投资机构介绍 ________________________________________________141参考资料 ____________________________________________________________________148页 2全球 Web3 生态创新观察报告（A Review of Global Web3 Eco Innovation）前言这是全球首个以完整的 Web3 视角观察行业的综合性报告。作为长期的从业者，我们清晰地看到了随着区块链技术的不断成熟，算力、加密市场、元宇宙、Web3 等领域蓬勃发展，这个行业的边界在一步步扩大。而我们的报告也毫无疑问是站在了巨人的肩膀上的一次新的眺望：Messari 的 CryptoTheses for 2022，a16z 的 Sate of Crypto 2022，麦肯锡的《元宇宙中的价值创造》报告等……他们都从一个 Web3 的侧面描述了这个行业的过去或是现在，我们的报告除了站在了整个 Web3 的视角，也和他们一样，也只能对当下的历史负责。我们的报告从 Web3 的思想说起，这大概可以追溯到上世纪互联网刚刚出现时的思想萌芽。紧接着是技术层次上的基础设施以及当前主流应用，以及 DeFi、NFT、链游、DAO 等 Web3 当下最火热的发展领域，这段时期基本上对应着比特币的创世区块到报告发布的前一刻。这之后就是我们当下目力可及的元宇宙世界。最后，我们聊了聊与行业伴生的投资和监管。我们有幸见证了这个行业的诞生，那么希望这篇报告能陪着这个行业成长。页 3全球 Web3 生态创新观察报告（A Review of Global Web3 Eco Innovation）AbstractThis report may be the world’s first comprehensive review of the blockchain-based ecologyfrom the perspective of Web3.Along with the maturing of blockchain technology, we have clearly seen the border of Web3expanding from hash rate to crypto market, then from crypto market to metaverse. There isno doubt that this report could only be responsible for the current history, just like theshoulders of the giants we stand on: Crypto Theses for 2022 (Messari), Sate of Crypto 2022(a16z), Value Creation in the Metaverse (McKinsey), etc. These reports all present a certainaspect of the Web3 industry. Thanks to them, we could compose these “lego pieces” andbuild our “castle”.Our report begins with the origin of the Web3 concept, which might date back to the stoneage of the Internet. Then, we look into the infrastructure of Web3, namely the blockchain andits main applications - the development of which started from the genesis block of BTC to thevery last moment before the finalization of this report.The report then goes on to the key developing tracks of the current Web3 world, includingDeFi, NFT, GameFi and DAO. After that, it is the forward-looking section on Metaverse,which includes some analysis that could only be based on reasonable estimation. At the endof the report is the review of the two “twin” brothers/sisters of Web3 - inves