
In the world of web3, exchanges have always been seen as a bridge connecting users, allowing more people to recognize and engage with web3 and embrace the ideals of decentralization.
However, in the past decade or so, the development of this ecological niche has not been smooth sailing; countless bankruptcies and closures have awakened the entire industry, prompting fundamental changes.
From the U.S. legislative strategic reserves to major exchanges accepting regulation, embracing legality and compliance, and even starting charitable endeavors...
However, true strength often reveals itself only after weathering storms.
For exchanges with real strength, there are often several conditions to meet:
✅ First, safety; having 100% reserves has become a common understanding in the industry, and this is also an innovation that surpasses traditional finance.
✅ Second, compliance; whether there are licenses from developed countries indicates acceptance of regulation, which significantly reduces risks.
✅ Third, having a broad vision; actively addressing internal issues, globalizing externally, and taking responsibility—not only investing in sports but also vigorously supporting charitable causes.
As the industry becomes increasingly compliant, there will be more grounded builders. The industry has always relied on financial resources to siphon a large amount of social resources. I hope that in the future, we will see the emergence of truly phenomenal applications that change the world and people's ways of living.
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