January 20 Observation

When choosing Web3 projects, don't be fooled by concepts
After working on several projects, I realize that whether it can be implemented is much more important than a good story.

How to identify reliable ones? My experience is to look at three points—

First is solid infrastructure. For example, is the stablecoin really solving the pain point of cross-border transfers? Projects like Plasma have made zero-fee transfers a necessity, directly lowering the participation cost for ordinary users. That’s the true moat.

Second is an ecosystem closed loop. Cross-chain interoperability isn’t just for the sake of cross-chain, but genuinely expands the liquidity boundary of assets. Users can seamlessly switch across multiple chains, and ecosystem benefits can be precisely realized, giving both beginners and veterans a chance.

The $XPL example is quite interesting—its design of binding ecosystem growth allows holders to directly enjoy the dividends of project expansion. No flashy marketing, just deep focus on essential needs.

Honestly, projects that focus on steady work are much more reliable than chasing hype concepts. The sector’s dividend is right there, the key is whether you have the patience to wait. Often, it’s not about not being able to find the right direction, but about not settling down to do long-term research.