1.2 Decentralized identity is the infrastructure of blockchain

Blockchain is actually a decentralized computing protocol that stipulates how different stakeholders can decentralize the creation and maintenance of a distributed computing infrastructure, thus achieving the separation between "infrastructure management" and "user data control"to preventsingle platform controlling over user data, user assets and user identity through the management power of computing infrastructure.

Blockchain is also a transparent and trustworthy right confirmation and tracing system. Once a right is digitized into a pass on the blockchain, it can be reliably confirmed, and the whole process of its flow, transaction, transformation and deformation can be traced.

Blockchain is also a platform for protocol creation and automated execution. Smart contracts are the centralized embodiment of this capability. Through smart contracts, agreements to allocate rights and values can be executed efficiently, accurately, and credibly without the need for trusted third parties, and the entire process can be audited to achieve individual decentralization.

Therefore, blockchain is an indispensable infrastructure for Web 3.0. However, blockchain is only a means to achieve the recognition and protection of the rights and interests of users' digital assets. In other words, in Web 3.0, the ownership of digital content created by users is clearly owned and controlled by users, and the value created by them is distributed according to the agreements signed between users and others.

Under such a system, this digital content is no longer simply data, but digital assets, as its rights are guaranteed at the asset level. This is similar to a market economy among digital economies, where individual digital property rights are recognized, respected and protected, and value is exchanged based on contracts. If the market economy has greatly released productivity and raised the economic level compared to slavery and feudalism, then Web 3.0 should have a similar effect on the development of the digital economy compared to Web 2.0.

The openness of Web 3.0 is reflected in：

A sufficiently free and low barrier to access for users in a particular Internet application "domain"; for example, users can often use a blockchain account address to log in to an application on the chain without having to register for a license, which is easy to do.

User behavior is not restricted by third-party subjects, Internet applications break the original so-called intra-ecological and inter-ecological boundaries and barriers, and under the principle of composite code running logic, applications are highly combinatorial and composite; the most direct case is the so-called DeFi Lego, where any application can make calls or aggregations to the underlying base protocols (such as DEX), as well as synthetic asset platforms to map real-world assets onto the chain (no delivery relationship), which is equivalent to breaking the boundary between the so-called online and offline and virtual and real.

In addition, the interconnection between applications based on different infrastructures within Web 3.0 can be solved by "cross-chain" protocols; therefore, the behavior of users in multiple applications in the Web 3.0 world can produce similar social relationship graphs, further enhancing the potential of data value mining.

The combination of King Tribe and Web3 is a Paragon

With the continuous development of Web3.0, a large number of Web3.0-based infrastructure financial facilities have been created, such as DAO, DeFi, Creator Economy, Gamefi, Web3.0 exchange, etc., which are all new products born from this environment. Among these applications created based on Web3.0 network, Web3.0 capital management platform will be the most sustainable product in the long run.

King Tribe is an innovative Web3.0-based capital management platform, which breaks the boundary between traditional capital management and new capital management by creating a complete Web3.0 ecosystem, solving the problem of blockchain ecology, and pushing the investment concept to a new level in the new environment. Based on Web3.0, King Tribe will be able to realize decentralized asset isolation, identity verification, multi-chain asset interaction, and DEX-level security and high freedom rights.