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Public goods are a fundamental concept in Western economics concerning the collective well-being of society and the market. In Web3, this concept entails being adequately non-excludable and non-rivalrous.

Blockchain technology and decentralized physical infrastructure networks (DePINs) provide critical frameworks for decentralizing energy systems. In the sections that follow, we will explore several key energy protocols that exemplify noteworthy progress in this decentralized energy landscape.

As the cryptocurrency market rebounds, venture capitalists who have been on the sidelines are now investing in the Web3 industry. It is still low compared to past peaks, which can be attributed to 1) negative events such as Terra Luna and FTX bankruptcy, 2) the mega-trend shift from blockchain to artificial intelligence, and 3) macroeconomic deterioration.

Trump's tariff policy toward China was a radical implementation of his "America First" agenda. – Starting in 2017, he imposed a series of high tariffs on Chinese imports, aiming to reduce the trade deficit, boost domestic manufacturing, and create jobs. – These moves also catered to certain domestic interest groups and electoral politics. – In his second term, he signed an executive order in February 2025 imposing a 10% tariff on Chinese goods, followed by a "reciprocal tariff" order in April, raising the rate to 34%. – These policies severely impacted China’s exports to the U.S., causing order losses and supply chain disruptions. – In response, China took countermeasures and expanded into diverse markets. – The international community strongly opposed the U.S. actions, which undermined the global multilateral trade system. – Trump's tariff strategy significantly reshaped U.S.-China trade relations and added lasting uncertainty to the global economy, making it a key issue of global concern.

This article introduces the author's criteria for evaluating RWA (Real World Assets) projects as a venture capitalist. It primarily covers four aspects: the team's underwriting experience, go-to-market strategy, the rationale for asset tokenization, and compliance considerations. The article also analyzes the current state of tokenized debt, highlighting the changes brought about by traditional finance experts entering the crypto space in recent years. Finally, the author focuses on Plume, an RWA ecosystem platform, showcasing its advantages in compliance, team background, and market strateg 2025/7/24 17:11:55`)