Web3 Experts: NFT Value Can't Be Ignored Social attributes are key

In a recent Web3-themed event, Yawn Rong, co-founder of a well-known mobile app, gave his opinion on the future development of NFTs. He believes that despite market volatility, NFTs are still an extremely valuable communication tool, and their inherent social attributes and value cannot be ignored.

Rong emphasized that their team is committed to improving the utility and user experience of NFTs. He pointed out that the Web3 industry needs a deeper value proposition, and well-designed NFT products can bring a diverse experience to users.

When talking about the specific application of NFTs, Rong mentioned the important factor of time commitment. For example, in their app, it takes about a month for users to ramp up virtual items from beginner to intermediate level. This design not only effectively screens users, but also regulates user behavior while creating a unique experience for users.

As for the operation of the platform, Rong said that they have invested a lot of resources in the development of an anti-fraud system to ensure the fairness of resource allocation. In addition, they have introduced an activation code mechanism, which allows the platform to maintain a steady daily growth rate of 0.5%, thus building a sustainable economic model.

In particular, Rong emphasized the importance of user education. He believes that users need to have a basic understanding and interest in Web3 social products, otherwise it could have a negative impact on the entire ecosystem. Therefore, product design should focus on simplifying the user experience, lowering the barrier to entry, and ensuring the safety and reliability of the product.

Finally, Rong pointed out that the success of social Web3 products is inseparable from sustainable growth. He argues that only sustained growth can build a true user consensus, and that process can take quite a long time. Using Bitcoin as an example, he pointed out that it took nearly a decade for its user consensus to form.

Overall, Rong's views highlight the importance of NFTs in the Web3 ecosystem and how they can drive the long-term health of the industry through innovative design and user education.