Why Web3Go DIN

Blockchain technology has brought about a new era of decentralized data management, but it has also presented some challenges that need to be addressed. These include difficulties in accessing and understanding data, verifying its authenticity, and rewarding contributors for their work. In this article, we'll examine these challenges in detail and showcase why Web3go DIN is the ideal network to overcome them.

Challenge 1: Accessing and understanding blockchain data

For most individuals, accessing and interpreting blockchain data can be a daunting task. While there are several blockchain analysis tools available, comprehending the data still demands specialized knowledge and skills, such as data indexing, smart contract expertise, SQL proficiency and business intelligence skills.

Even after accessing and visualizing data, understanding blockchain data requires interpreting it from a business logic perspective. Furthermore, given the constantly updating nature of blockchain data, capturing and analyzing all the information in real-time can be challenging for anyone.

Challenge 2: Verifying the Authenticity of Blockchain Data

With the increasing amount of data being generated in the crypto industry every day, including on-chain and off-chain data, it's becoming more challenging to differentiate between accurate and fraudulent information. Verifying on-chain data requires significant effort, while off-chain data, such as social media and news, cannot be directly authenticated, making it difficult for users to collect and filter relevant information.

Challenge 3: Rewarding Data Contributors Fairly

In the blockchain industry, data analysts often do not receive adequate compensation for their work, as the platforms hosting their analyses profit from them instead.

On the other hand, there are many individuals who possess deep knowledge in data industry but lack specialized blockchain analysis skills. These individuals, whom we refer to as "data specialists," have the potential to contribute valuable insights to the blockchain industry.

However, to fully leverage their expertise, a platform is needed to process and showcase their contributions in a more accessible and intuitive format. Additionally, it's crucial to measure the work of these contributors accurately to ensure they receive fair compensation for their valuable contributions.

Web3GO DIN: The Next Generation Solution for Blockchain Data

To address the challenges outlined above, a new infrastructure is required that prioritizes not only the current features of existing products but also the needs of the data and the community of users. Web3Go DIN is developd with the following chracteristics to make blockchain data more trustworthy, accessible, and valuable to users: ↳

1. Accessibility: Web3go DIN is designed to be user-friendly and accessible to anyone, regardless of their technical background or prior knowledge of the blockchain data industry. Our natural language processing technology enables users to express their demand and receive instant feedbacks, making it easier to interact with the platform and access the data they need.

2. Diverse Data Sources: We believe that a comprehensive and holistic view of the blockchain ecosystem requires the incorporation of both on-chain and off-chain data. By incorporating diverse data sources, Web3go DIN provides a clearer and more accurate understanding of the blockchain data.

3. Self-Auditing Capability: The quality and authenticity of blockchain data are crucial for maintaining trust and credibility in the blockchain ecosystem. That's why Web3go DIN incorporates a self-auditing mechanism that ensures the quality and authenticity of the data being processed.

4. Community Value Sharing: Data value should not solely belong to any centralized entity, but rather should be shared among all participants in the network system. At Web3go DIN, we believe in rewarding all contributors for their valuable contributions, ensuring that data value flows among participants in the entire network system.

By prioritizing these characteristics, Web3go DIN is revolutionizing decentralized data management, making it more trustworthy, accessible, and valuable to users. Join us on the journey to unlock the full potential of blockchain data with Web3go DIN.