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Web3 in China: What form will it take? · TechNode

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Many have doubted China’s appetite to support Web3 due to its preference for centralized systems and its tight regulations on cryptocurrencies.

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up Note: This article was first published on TechNode China (in Chinese). Tokenization, DeFi, DAOs, Smart Contracts, NFTs, GameFi – these terms are often used when discussing Web3, a catch-all term to describe the vision of a new, better internet based on blockchain technology. Web3 supporters dream of a future stage of the internet that is led by users, organized in a decentralized network, and run on blockchain technology, in contrast to the cur

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