Chen Gen: before talking about metaverse, first focus on Web3

Wen / Chen Gen

No matter how hot the current concept of metaverse is, these are just some sci-fi creations, which have no substantive value and significance for the real development of metaverse industry. On the contrary, they will promote more commercial speculation and fraudulent commercial acts.

So far, no one has paid attention to the underlying technology architecture of metaverse. In addition to the hardware, what technology does metaverse rely on in the technical implementation of the underlying system? Obviously, we need to rely on Web3 technology to build. When we are reveling for metaverse, the United States on the other side of the ocean is discussing how to build a new generation of Internet underlying technology based on Web3.

Why does metaverse’s underlying technology must be based on Web3? Because Web3 technology is to break the monopoly mode of the current data platform center, that is, return the data and privacy rights to users. We can understand that Web3 is a technology developed to build the digital power of digital people. When the whole world is talking about human rights protection, each of us is stripped of our digital rights by platform businesses.

Then when entering metaverse, when everything is digitized, everyone’s digital virtual human and the behavior based on digital identity in the future virtual entity world should not belong to the current platform monopoly or secretly occupy for themselves. Therefore, the underlying technology based on Web3 will return everyone’s Internet data rights to everyone.

When everyone’s data rights are returned to individuals, we can ensure our data security to the greatest extent and protect our behavior privacy on the Internet to the greatest extent. More importantly, our data human rights can be truly realized, because the ownership of these data belongs to each user.

When businesses need data or conduct some business behavior research, they must buy from users. We can choose to sell or not to sell individual behavior data, but the key is the behavior data and property right data of these individuals, which are owned by each individual.

If we can’t solve the problem of individual virtual digital rights, when we enter the era of metaverse, when our data rights continue to be controlled by the current platform center, we just continue to play a “slaughtered” commodity in metaverse. Therefore, when we talk about metaverse, the biggest resistance we will inevitably encounter is the current monopoly platform technology companies. They can follow the slogan of metaverse, but they will not take practical actions to break their central power today.

This means that Web3 is the inevitable technology of metaverse, but it is also the technology facing the greatest resistance at present, and these resistance comes from these platform Internet giants. When these companies cannot grasp, abuse and own users’ behavior data rights without cost, they consider how to maximize the commercialization of these users’ behavior data rights, rather than really promote the development of technology in the direction of metaverse.