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Source: Jensen
Original title: Resigned from Byte, I chose all in Web3
"Escape from the big factory all in Web3" is gradually becoming a trend, and it has attracted the attention of many media friends. A friend from a newspaper has been doing such topics recently. When I learned that I was about to leave all in Web3, I asked me to have an interview.
bid farewell to the intra-volume Web2
offline interview, a former 360 executive is now at the same time. He answered this question like this:
- Many large companies have encountered business growth bottlenecks, and individuals have limited upward channels in large companies;
- Web3 is in the early stage and investment trend, and young people have more opportunities for growth;
These two points have basically become the consensus of those of us who choose Web3 after leaving large companies. We have all seen more opportunities and greater room for development in Web3. Of course, there are firm believers in Web3 decentralization among us, and there are also those who use it purely as a financial derivative to speculate and hype and cut leeks.
But it is undeniable that Web3 has enough space for more big companies to try to do a project and do something that will put value into practice, and it is no longer just a screw that has been nurtured to waste fighting spirit.
I also had a business experience before entering bytes. Although it ended in failure due to epidemics and other issues, my exploration of the direction of entrepreneurship and continuous accumulation have not stopped. Although some of these attempts are now looking at it, they are actually countercyclical in terms of direction. For example, exploring 2C products in Web2, in the current period when several major traffic black holes have firmly grasped the monopoly of public attention, this is obviously a narrow path.
then turned to exploring SaaS. After exploring various sub-tracks and crawling various products in the industry, I found that more of this ending is physical outsourcing and the so-called B-round death spiral. Very few people can have clear exit paths. Of course, it was precisely because of these detours that I saw too many meaningless involuntary and mental internal friction in in Web2.
(Participate in roadshows and offline offices: The picture above is some fragmentary daily life of our virtual team: gathering in a cafe to do things on weekends, participating in roadshows for entrepreneurs salons or projects )
Looking back now, for big manufacturers, in addition to some front-line positions that really face users, most of them are still far from the market, and they are also relatively weak in perception of trend changes.
My thinking is that at this time, you might as well follow the investment popularity to see the world. The annual investment research report shows the market's capital investment direction and proportion. Last year, domestic investment basically flowed to hard technology, Web3 and carbon neutrality.
Capital is most sensitive to the current market situation. Only by following the trend and deepening our efforts in a rising industry can we avoid sunken costs to the greatest extent and reduce the twists and turns on the road to entrepreneurship.
embraces the rise of Web3
(hackathon site)
My first contact with Web3 and blockchain was on Hackathon in 2019. At that time, the team formed a ticketing product based on Elaine Cloud won the first place in the track, and it was then that I had some perception of the characteristics and development process of DApp.
(Algorand and Polkdot tour in China, they had not yet become a big public chain for speeches)
later listened to some offline sermons in Beijing, but most of them were still half-understood. After entering bytes, I never went deeper.
Until December 21, I noticed Hackathon of ICP, and learned that in the American drama "Silicon Valley" that accompanied me for four years in college, the decentralized distributed computer designed by the protagonist seemed to have been implemented by ICP. The excitement was beyond words, so I signed up for Hackathon without stopping. The products I made were also the first direction that every Web2 person thinks about when entering Web3 - DID.
was temporarily formed at that time, and the two of them wrote codes all night to do PPT, and then went to Shanghai to perform roadshows. It took a total of 36 hours from an idea to the implementation of the first version to the end of the talk.It was only after I went through the whole process that I realized that my understanding of the industry was still very simple, and I couldn’t understand the long list of nouns in other people’s mouths, and I didn’t even understand ENS that much.
But the hot atmosphere in the arena is like the period when the mobile Internet was still full of imagination in 2013 and 2014. Everyone has various ideas and everyone is full of passion for the future.
Compared to the fact that the Web3 industry is indeed in its early stages, everyone is in the exploration stage, but this also means that everyone can compete on an equal starting line, without boundaries, no rules and regulations, and even no clear definition. Everyone is moving towards the better Internet they have imagined.
The early stage of the industry also means the openness and positive environment. I can clearly feel that the world of Web3 is in a stage where everyone is booming, and this industry is gathered with more elites and more people with international perspectives; in this new world, you have more opportunities to communicate with the top people in the industry, and in this decentralized culture, everyone maintains a very open communication state; in this industry, I have witnessed with my own eyes how many people can freely hold multiple positions or live a digital vagrant life. When you open the barriers of small circles, you will find that life actually has many possibilities. After returning from the
competition, my friends and I launched a Web3 exploration journey. As soon as the poster was posted, hundreds of people were quickly gathered. Among them are employees of large factories, entrepreneurs, investors, Web3 practitioners, and Crypto Fund. Everyone shares information every day and communicates and learns with each other. But for new industries, it is difficult for beginners to have a deep understanding of the industry simply by digesting media information. The best way to understand is to go to by yourself. Therefore, we quickly launched a project. Through the practice of the entire chain of issuance and operation, in addition to learning related technologies, we also have a basic understanding of the business processes of Web3 projects.
From amateur to all in Web3, it is actually not that far away
(the origin of the name 1.435)
During the project, we met Brother World (a big guy who used technical means to make arbitrage of millions one night), and slowly established trust in each other in some subsequent cooperation, and together they captured some opportunities in some GameFi and special events (Luna, etc.).
Then we did some offline Web3 exchanges and gatherings in bytes. We unexpectedly found that everyone is very enthusiastic about Web3. We just thought, why not just form a community together to gather more friends who are interested in Web3 and do some interesting things together, so 1.435Club was found.
In the initial stage, we regularly conducted some online and offline activities to communicate Web3, and then opened the official account 1435Crypto to share media information tomorrow. In various sub-sectors of Web3, we also look for some professional practitioners every week to bring first-hand information from the industry, and lead the community to form a deeper industry awareness. So far, we have held more than ten online and offline activities.
(part of the activities organized by 1.435)
The guests who participated in the speech were like Byte's well-known retired programmer Teacher Guo Yu and other people who have devoted themselves to Web3 in major factories, as well as senior practitioners who are exploring Web3 opportunities in other fields. After understanding our founding philosophy, they also gave great expectations and encouragement, hoping that we can continue to create such links and collisions.
(Dali Web3 Conference)
Last month, our small team also attended the Dali event and participated in the planning of several theme venues. There are many stories and insights about the trip to Dali Web3, so I won’t go into details here (recommended reading “What happened to Web3 in Dali these days”).
After in-depth communication with many practitioners and investors, in addition to letting us see the value of doing 1.435Club, we also let us see the different entry points and entry methods of the Web3 industry under the cycle - in the current cyclical bear market, many people have chosen to wait or even exit, but we firmly believe that truly valuable projects can cross cycles. If we only treat Web3 as a financial game, the bear market is the best elimination mechanism to clean up this group of people. This is precisely why our team friends went against the current and chose to resign All in. What we want to do is not to pursue periodic fluctuations, but to be firm guiding forces in the cycle.
In the face of the industry bubble, we can choose to just obtain short-term certain returns, or can be a long-termist, accumulate well in the early stage of the industry and gain a first-mover advantage, and wait for the industry's outbreak period . Both choices have their pros and cons. No matter which path you start, it is understandable. You just need to determine your ability reserves and development concepts (for the logic of the industry bubble, I recommend you to read "The Dynamics of the Bubble and the Golden Age").
"Boat on the Land"
BTW, as a heavy movie enthusiast, there are two movies that I want to recommend to every friend who wants to start a business or is already starting a business. "Boat on Land" and "Akiel, God's Wrath" are classic works by director Werner Herzog , who I really like. When making choices and facing troughs, everyone can go and take a look, and you will have a lot of feelings and gains.
in half a year, from a few people to one organization
Our organization has continued to expand from the beginning, including the follow-up teacher Qiu, Sean, Xiao Chengzi, DM and other friends. Now the community covers nearly 10,000 members, nearly 100 people have participated in the contribution, and dozens of core contributors. Currently, there are also sub-organizations such as media trade unions, investment research trade unions, incubation trade unions and other sub-organizations. The team continues to grow, and everyone wants to do things and bring everyone together. We have also accumulated resources and technical teams in the shortest time, so that our ideals have not only ideas, but also support them.
returns to our original intention of founding 1.435Club. We hope to gather a group of aspiring and thoughtful people, use in-depth investment research to help everyone establish a systematic industry awareness in the early chaos of the Web3 industry, and use the industry resources we have accumulated to help members obtain the potential energy for startup faster.
We believe this will be a flowing feast, with high-quality projects and excellent entrepreneurs going out from 1.435 to achieve their own Web3 era.
Finally, a small plot in "Boat on Land". Fitzgerald, a white man who was obsessed with opera, told the story of the man who sold him the boat: the first white man who saw the Nicaragua Falls came back and told his companions how big the waterfall was. His companions didn't believe it and asked him, "What evidence do you have?" and he only said, "I saw it. I saw it, this is the only proof." The world of
Web3 must not be the final world. But in this new world where no one has ever witnessed the true face, we hope to step into the torrent and respond like the person who saw the waterfall, "I saw it"!
Editor in charge: Felix
