Chapter 2 · Industry Issues
Only by seeing the whole problem clearly can we understand why WCN is designed in this way.
The industry is not short of projects, capital, media and technology. The real problem is that these resources still exist in a fragmented, low-structured, highly dependent manner, and cannot form a stable closed loop.
2.1 Structural fragmentation of Web3Why are there so many resources, but they are still highly fragmented—from dispersed participants, temporary collaboration, to the lack of a responsibility network.2.2 Why capital flows are inefficientFour types of core friction: screening costs, trust costs, promotion fractures, and failure to settle results.2.3 Why is it difficult to settle contributions?Why referral, execution, service and collaboration contributions have long been unable to be proven, attributed and accounted for.
Rather than complaining about the industry, this chapter defines three core issues that WCN must address. If these issues did not exist, WCN would have no reason to exist.