Web3 Transformation in the Telecommunications Industry: Exploring Blockchain Reconstructing Communication Networks with Roam as an Example
Under the global digitalization wave, traditional telecom operators are facing unprecedented challenges. The promotion of 5G technology brings enormous investment pressure, but the revenue model has not improved, and value-added services have yet to break through, instead falling into a battle for the existing market. Data shows that while the revenue of leading telecom companies in the U.S. exceeds that of internet giants by 50%, their profitability is only 30% of the latter, with a profit margin of just 20%, and their market value is merely 30% of that of internet companies. This reflects investors' severe lack of confidence in the telecom industry's heavy asset, low growth model.
The telecommunications industry is undergoing continuous transformation. Past attempts to participate in virtual operator businesses did not solve fundamental problems. Whether it was competing for existing customers or deepening industry engagement, essential changes were not achieved. The global roaming scenarios explored at that time were actually very suitable for implementation using Web3 methods and promoting value-added services through Blockchain, but the technologies at that time...

If the user does not want VC coin or meme coin, then what does the user want?
1. Presequence
Recently, the phenomenon of VC coins and memes has sparked widespread reflection within the industry. Many well-known individuals have also raised related questions, all seeking solutions. For example, during He Yi's response to the activity related to Girlfriend Coin, Jason (Chen Jian) raised a question about the mechanism of Token listing on Binance. Additionally, CZ's recent article "A Crazy Idea for Token Issuance" is also attempting to find solutions.
All teams that are serious about their projects hope that the market can reward true contributors, rather than allowing Ponzi schemes, scammers, and speculators to reap industry benefits and disrupt development.
Due to the good case analysis value of VC and memes, this article will analyze these two phenomena.
2. The Past and Present of VC Coin
VC

This week, the crypto market showed significant fluctuations, with Bitcoin falling near the annual line, mainly influenced by changes in global trade policies. U.S. stocks plummeted to $5 trillion, and the bond market experienced increased volatility. Market expectations for a Fed rate cut have risen, leading to some funds flowing out of the crypto market, but long-term holders continue to increase their Bitcoin holdings. Investors need to follow macroeconomic and policy dynamics.

NFT has rapidly developed since 2021, going through multiple stages and gradually becoming mainstream, showing trends of diversification of functions and community-driven initiatives. In the future, it will focus on issues such as composable NFTs, decentralized identifiers, and liquidity,期待其在游戏、社交和学习等领域发挥更大作用.

Vitalik Buterin shared his views on the crypto market and the future of Ethereum in an interview, believing that the current bear market encourages the industry to return to rationality. He pointed out that Ethereum has made technical progress, but development needs to balance speed and stability, while being cautious of the risks associated with high-yield projects, urging the community to focus on meaningful construction.

Market Observation Weekly Report [6.9 - 6.13]: Geopolitical disturbances and cautious funding resonate, Mainstream Token fluctuates and adjusts, market consolidates at high levels.
The turbulent geopolitical situation has triggered market fluctuations, with mainstream cryptocurrencies experiencing volatile consolidation, while smaller coins face resistance in their upward momentum.
The macro environment disturbances have intensified, and market sentiment is highly volatile:
Israel's airstrike on Iran triggered a brief risk-averse sentiment, market volatility decreased, expectations for a Fed rate cut heated up, and the overall atmosphere became more cautious and watchful.
The inflow momentum has warmed up somewhat but lacks sustainability:
The net inflow of cryptocurrency ETFs is $1.02 billion, but the growth rate is slowing down. The issuance growth rate of stablecoins is declining, and the USDT premium is weakening, indicating a cautious attitude towards capital entry.
Mainstream cryptocurrencies are showing a divergence in performance, Bitcoin's momentum is slowing down, and Ethereum has retraced after a rebound.
Bitcoin encountered resistance and fell back after a surge, Ethereum followed up but momentum weakened, institutional investors continued to increase their holdings, and the overall structure remains neutral to strong.

This week the Crypto Assets market is stable, with small fluctuations in Bitcoin prices, and significant changes are expected at the beginning of October. Many countries are strengthening regulations, and the U.S. is expanding the scope of regulation on digital assets. Industry dynamics include Bitmain's IPO application and Google's lifting of the advertising ban. The global market capitalization of Crypto Assets has slightly fallen, and the market is still in a consolidation phase.

Ethereum's future development in the attestation system focuses on improving single-slot determinism, dropping the stake threshold, enhancing transaction confirmation speed, and resisting quantum attacks. The article discusses the pros and cons of different technical solutions, emphasizing the importance of technological upgrades in enhancing security and decentralization.

Recently, industry insiders have delved into Berachain and its ecosystem, including the POL Consensus Mechanism and the three-token model. Project representatives introduced the application potential of the combination of AI and Web3, as well as the progress of their respective projects, showcasing the diversity and innovative potential of Berachain, signaling its important position in the blockchain field.

The article provides an emergency guide on how to respond after Crypto Assets are stolen, including quickly moving remaining assets, revoking risk authorizations, and seeking professional help. It emphasizes the importance of taking timely action through case studies and suggests that users enhance their security awareness and learn asset management methods to reduce future losses.

The article discusses the current state of Web3 development, highlighting the challenges it faces such as scalability, user experience, security, and ecosystem fragmentation. At the same time, emerging solutions like chain abstraction are proposed to enhance interoperability, user experience, and security, thereby driving Web3 towards a more unified and user-friendly ecosystem.

Wikipedia has achieved success through a user-generated content model, but faces challenges such as economic instability, content quality, and volunteer participation. Its experience has important implications for the sustainable development of public goods, and in the future, it needs to explore more sources of revenue to cope with complex environmental changes.

The 8th Ethereum Community Conference ( EthCC8) was held in France in June 2023, focusing on AI, stablecoins, and Decentralized Finance. The conference showcased the maturity of Web3, emphasized the practicality of AI applications, the security and compliance of stablecoins in the financial ecosystem, and the revival of DeFi in terms of intelligence and security enhancements, demonstrating the vitality and potential of the Ethereum ecosystem.

The cryptocurrency industry is maturing, entering its "teenage years". Ethereum and its layer 2 scaling solutions have improved transaction fees and speed, facilitating mass adoption. At the same time, balancing decentralization with user needs remains a challenge. Future developments will focus on areas such as social, payments, and privacy, driving breakthroughs in technology and applications.

The Bitcoin 2025 Conference will be held from May 27 to 29 in Las Vegas, expected to attract over 30,000 participants. U.S. Vice President Vance will deliver a speech discussing the future of Bitcoin. Previous conferences have attracted important figures, but market performance has often been poor. It is worth mentioning that the pet dog BabyDog will also be in attendance.

The Integration of Crypto Assets and TradFi: The Rise of Ethereum Treasury
The crypto assets community has long been keen on using tokenized assets and on-chain assets as a means to enhance accessibility, but the most significant progress has actually come from the integration of crypto assets with traditional securities. This trend has been fully reflected in the recent surge of interest in corporate crypto assets in the public market.
Strategy was the first to implement this strategy, pushing the company's market value to over $100 billion, with an increase even surpassing that of Nvidia. The core logic of these financial strategies is that going public can obtain lower-cost unsecured leverage, which is unavailable to ordinary traders.
Recently, people's attention has expanded beyond Bitcoin to other areas, and treasury strategies based on Ethereum are increasingly gaining attention. Enterprises are essentially trying to arbitrage between the long-term compound annual growth rate (CAGR) of the underlying assets and their own cost of capital.

The current crypto market is facing issues of insufficient liquidity and high valuations, with funds primarily flowing into BTC and ETH, leading to pressure on other projects. High FDV has made retail investors reluctant to catch a falling knife, resulting in insufficient market interaction, which has affected the performance of the Secondary Market. Investors need to respond cautiously to new challenges.

The draft regulatory framework for crypto assets released by the U.S. House of Representatives aims to clarify legal definitions, coordinate regulatory responsibilities, protect consumers, and promote digital innovation. The draft sets forth several core concepts and establishes a registration pathway for digital commodity exchanges and brokers while implementing protections for decentralized finance protocols. The committee plans to broadly solicit public feedback in hopes of advancing the implementation of the final bill.