Throughout, I have regarded X platform as the place where I record my thoughts and learn about Web3. In the past few days, the discussions about TGbot have been enlightening. I would like to thank @thecryptoskanda, @wsjacketh, @Christianeth, @TheRebeccaWONG, @PandaSkiing, @richrichardoz, @0xJCMeoweth for the private messages and comments, which have greatly benefited me: ① providing a different understanding and perspective on the TG bot; ② inspiring more thoughts on Web3, TGbot, MEME culture, and so on. Thank you all.

First, how do you view Web3 or blockchain?

The answer to this question is actually ahead of its time. My view of Web3 or blockchain is: an individual or a group "sells" a concept or vision to the public and raises funds. Those who agree and participate receive token incentives. In order to make the tokens effective or liquid, they endow them with financial attributes. In simple terms, it is a consensus of a group of people dressed in financial clothing, constantly seeking utility scenarios for token empowerment.

The motivation for each person entering this field is different. Some people see Web3 or blockchain as an innovative force for social change, while others simply see it as a gambling arena. But regardless of the motivation, in Web3 and blockchain, believing in and upholding what you believe in is what sets Web3 apart from the traditional internet.

Second, how do you view TGbot?

TGBot is a third-party application running in Telegram, backed by such a huge social ecosystem as Telegram. However, its more prominent functions are reflected in its integration with different chains, making it the most commonly used tool for users who like to speculate on new coins in the Web3 industry. This group of people certainly has a great influence in Web3, as one of the core values of this industry is to provide many potential investment/speculation opportunities. It may indeed be a money-making industry because it is related to trading, but I believe that if we see Web3 or blockchain as a long-term developing industry, just like some people always like to compare it to the internet of the 1990s, if there is only trading, I believe it will not truly help with mass adoption.

Third, how do you view MEME?

I have to admit that until recently, I had biases against MEME. This bias partly comes from the fact that MEME is always driven by emotional hype, and partly from not believing in or not deeply feeling the power of "belief." But to be a qualified investor, I have always believed that I need to let go of my biases. So, from the exchanges with a few friends and the learning I did some time ago, I have slowly been correcting my biases.

I believe that what exists in Web3 or blockchain is reasonable. Just like the earlier statement "believe in and uphold what you believe in," in a world that advocates decentralization, I think this is a spiritual core, and MEME is in line with this spiritual core. So, indeed, traditional Web2 investment logic cannot be used to view MEME.

So, what kind of MEME would I personally approve of? First, I would look at the narrative support behind the emotions - whether a larger revolutionary vision wins more consensus; second, whether there are positive externalities, which may help solve some real-life problems in the world.

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