Market Size The Web3 industry is still in a stage of rapid development, and the market size is constantly expanding. According to market research firm, the global Web3 market size will grow from US$2.2 billion in 2021 to US$23.3 billion in 2028, at a compound annual growth rate of 47.6%.
Development Status Web3 technology is gradually maturing, and its application fields are also expanding. Currently, Web3 technology is mainly used in the following areas: (1) Cryptocurrency: digital currency issued using blockchain technology, such as Bitcoin and Ethereum. (2) Smart contract: The automatic execution contract realized by blockchain technology can be applied in many fields such as finance and logistics. (3) Decentralized applications: decentralized applications implemented using blockchain technology, such as decentralized exchanges, decentralized storage, etc. (4) Digital identity authentication: Digital identity authentication realized by blockchain technology can ensure personal privacy and information security.
Differences and Pros and Cons The main difference in the Web3 industry is its decentralized nature. Compared with the traditional Internet model, Web3 has the advantages of openness, transparency and security. But at the same time, there are also some shortcomings, such as performance bottlenecks, insufficient scalability, and high user thresholds.
Position and Skill Requirements The Web3 industry involves multiple positions. The following are some common positions and their skill requirements: (1) Blockchain development engineer: Familiar with blockchain technology, able to design and implement blockchain underlying architecture and smart contracts. (2) Decentralized application development engineer: Familiar with smart contract development and deployment, able to design and implement decentralized applications. (3) Cryptocurrency researcher: familiar with the cryptocurrency market and technology, able to research and analyze the development trend of cryptocurrency. (4) Digital identity authentication experts: familiar with digital identity authentication technology, able to design and implement a safe and reliable digital identity authentication system. (5) Product Manager: Familiar with Web3 industry application scenarios, able to design and promote Web3 products.