Based on blockchain technology, Jakarta, Pintu News â Web3 is changing how online communities form, interact, and organize themselves by emphasizing transparency and user ownership.
From decentralized governance models to innovative incentive structures, Web3 promises a new era where members have real influence and control over their digital experience.
Check out the full news below!
Decentralized Autonomous Organizations (DAOs) allow community members to participate directly in decision-making. As of mid-2023, more than 12,700 DAOs had been formed, and approximately 6.8 million people held governance tokens.
DAOs operate based on transparent rules embedded in smart contracts, allowing members to propose changes, vote on initiatives, and directly influence the projectâs direction.
Despite its decentralized structure, data shows that 65% of DAO proposals come from only 10% of active DAOs. This shows that even decentralized systems can develop natural leadership patterns with much greater transparency than traditional models.
Each member has voting power that is usually proportional to the number of tokens they own, creating a system where those who invest the most have proportional influence.
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The Web3 community has revolutionized the way online platforms reward participation through a token-based incentive system. The total market cap of DAO tokens currently exceeds $25 billion.
Unlike traditional loyalty programs offering limited-value points, Web3 tokens represent real ownership. The community can reward various contributions, such as content creation and curation, network participation through staking, liquidity provision to decentralized exchanges, and more.
Well-designed Tokenomics balances token supply and demand through token burning (removing tokens from circulation) or vesting schedules that prevent market flooding.
This system ensures the long-term health of the ecosystem while aligning individual incentives with community goals. The most effective Web3 communities create a virtuous cycle where participation earns tokens, tokens grant governance rights, and governance enhances the platform, making tokens even more valuable.
Read also: Ripple President: âCrypto Will Continue to Survive in the Long Term!â
Blockchain technology enables a fundamental shift in how digital identities and personal data are managed online. Through Decentralized Identity (DID) systems, users can maintain control over their personal information rather than handing it over to corporate platforms.
In the traditional online space, users exchange personal data for âfreeâ services, while companies profit billions from advertising revenue. Web3 flips this model on its head by allowing users to store personal data in encrypted, sovereign wallets, grant temporary permissions through smart contracts, monetize their own data, and verify credentials without revealing underlying information.
Instead of the extractive model of surveillance capitalism, Web3 creates a user-centered system where individuals decide when, how, and at what price their data is shared.
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