@Chainbase Official Series Data is Power, Opportunities and Threats of Chainbase
Introduction:
In the Web3 world, whoever holds the data holds the power of discourse. This is also why Chainbase's strategic position is so sensitive.
As a data layer infrastructure, Chainbase is not just providing APIs; it is more like a data distribution center. If it can cover enough chains and applications, then most of the future Web3 user behavior, capital flow, and on-chain assets will flow through its interfaces.
DeFi risk control, NFT transaction traceability, wallet KYC, on-chain AI assistants—these popular tracks all require the data services provided by Chainbase. If it can become the industry standard, its status might even approach that of 'the Google of Web3'.
But the threats are equally obvious:
Centralized dependency risks: Once a certain chain relies too much on it, it may be choked.
Privacy and compliance challenges: Although on-chain data is public, how to handle sensitive addresses and compliance requirements is an unavoidable hurdle.
Competitive pressure: Established data projects like The Graph and Covalent will not sit idly by.
Chainbase's ambition is to build a 'data moat', but whether it can grow under the pressure of competition and regulation remains uncertain.
DORO's famous saying: Data is the oil of Web3, and @Chainbase Official wants to be that refinery, but the fate of the refinery often lies in the hands of regulators and competitors.