Judging trends? It's better to understand where the users are and make the tools they need At this year's Web3 Carnival, PANews @ tongtongbee interviewed Lennix Lai @ LennixOKX, Global Chief Commercial Officer (CCO) of OKX. When transparency on the chain becomes the norm, OKX Web3 wallet hopes to become a "compass" for users to explore Web3 safely. OKX is restructuring the role of wallets from "asset tools" to "infrastructure". In an interview, Lennix, Global Chief Business Officer of OKX, shared his experience of transitioning from a Wall Street trader to the crypto world: "The mathematical beauty of Bitcoin moved me." Now, he has led OKX Web3 to expand from a team of 20 people to 500 people worldwide, with the goal of making the wallet the first entry point for users into Web3. He emphasized that the current key directions of OKX Web3 include: -Build a simple and easy-to-use self hosting experience; -Connect multiple chain interactions and lower the threshold for asset transfer; -Explore on chain identity and KYC standards under the premise of compliance. Faced with regulatory pressure from MiCA, OKX Web3 is also developing KYC and risk control models on its own blockchain to explore a path for "self custody compliance". He admitted: This is an unprecedented thing, to be at the forefront of the industry, we must establish our own standards. OKX Web3 wallet is experiencing rapid growth worldwide: wallet users will increase by 9 times in 2024, and DEX daily transaction volume will skyrocket by 20 times. Although CEX is still the 'motherboard', DEX will become a testing ground for innovation, ultimately returning to a centralized platform. What OKX needs to do is to serve as a bridge connecting these two. In addition, OKX emphasizes the alignment between brand tone and technical spirit, such as long-term partnerships with McLaren, Manchester City, and others: "The 300 millisecond racing data response is in line with our ultimate pursuit of trading speed Finally, Lennix's advice to entrepreneurs is to focus on the product and not blindly believe in the concept of 'sending coins is the project'; Understanding technology and understanding users is the long-term moat. In his view, the next breakthrough point of Web3 will be the landing of "real finance" scenarios such as compliance, stablecoins, and on chain identities. @okx @okxchinese