SocialFi in the Web3.0 Era

Data is one of the most important means of value creation in the present and future human civilizations. The most significant difference between Web3 and Web2 is that Web3 shifts ownership and flow of ownership (and other rights derived from data ownership), such that data ownership rights now goes to the actual producers of such data, altering social production relations.

Chain World users will have complete control over their social data in the Web3 era, which is a decentralized way of socializing. Chain World products are built on the underlying technology infrastructure and phylosophy of Web3, beginning with people's needs for "Decentralized Social relations," "Decentralized Finance" (ie DeFi), all in an immersive virtual world; Metaverse. In the wave of the global digital economic system, the combination of decentralized social networking and finance can break platform monopolies, eliminate single-point risks, and create new business models and product categories.