DeDing Innovation's Wang Yuehua was a guest on Huobi's live stream: focusing on NFT functional development, paying attention to the halving market trend
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DeDing Innovation's Wang Yuehua was a guest on Huobi's live stream: focusing on NFT functional development, paying attention to the halving market trend
Wang Yuehua shared his investment philosophy and strategic plans in the Web3 sector, as well as his unique insights on hot topics such as NFTs and DID.
Navigating Web3 tides with focused insightsOn November 8, renowned investor and DraperDragon Innovation Fund partner Wang Yuehua appeared as a guest on Huobi's live broadcast. The session, themed "Bull Market Revelation: How to Invest Safely and Identify Opportunities in a Bull Market," revealed insights into investment strategies, criteria, and risk management practices used by institutional investors, aiming to help users navigate bull and bear markets safely.
Established in 2006, DraperDragon Innovation Fund invests across IT, intelligent manufacturing, biomedicine, blockchain, and digital assets. In recent years, the fund has backed prominent blockchain projects such as Coinbase, Ledger, and NFT marketplace MakersPlace. Huobi HTX aims to collaborate with leading institutions and KOLs to educate users via live streams and other formats on Web3 investing and security, promoting the healthy development of the Web3 ecosystem.
Emerging Opportunities in Web3 Sub-Sectors
During the livestream, Wang Yuehua shared his investment philosophy in the Web3 space, including strategic positioning and unique perspectives on trending topics like NFTs and DID (Decentralized Identity).
Wang explained that the core principle of Web3 is user autonomy, achieving a state of "Freedom and Trust." The emergence of Web3 will transform how users interact online, driving structural innovation through user ownership, community governance, and economic self-sufficiency—reshaping existing business models and creating new value and opportunities.
He expressed continued optimism about the future of niche sectors within Web3, particularly NFTs, DID, and GameFi.
According to Wang, NFTs serve as foundational infrastructure with three key attributes: collectibility, asset value, and functionality. These are not mutually exclusive but rather combined in varying degrees across different use cases. In the previous crypto cycle, the asset aspect of NFTs and related derivatives were overhyped, while their functional utility—such as enhancing search capabilities, integrating with DID, or enabling diverse metaverse applications—remains underdeveloped. The next market cycle will likely focus more on unlocking this functional potential and converting it into commercial value.
Regarding the development of DID, Wang noted that although DID currently offers various functions, these remain fragmented and poorly integrated, lacking deep linkage with digital assets and offering only superficial service applications. However, from a Web3 technology standpoint, DID holds the potential to create new business models and deliver synergistic value-added services where 1+1 > 2.
Diminishing "Halving Effect," Yet "Halving Rally" Likely to Persist
Recently, the surge in BRC-20 tokens—from Ordi to the popular Sats—has drawn significant market attention and discussion.
Wang analyzed that the Bitcoin ecosystem mainly comprises three areas: smart contract ecosystems, anonymity-focused ecosystems, and quantum-resistant ecosystems. BRC-20 falls under the smart contract layer, whose rise has dramatically increased on-chain activity and transaction fees on Bitcoin, raising concerns about reduced accessibility of the Bitcoin blockchain. While Bitcoin purists argue BRC-20 tokens hold little intrinsic value, many welcome such innovations as beneficial explorations that unlock greater utility from the Bitcoin network.
Additionally, Wang pointed out that as the fourth Bitcoin halving approaches, the so-called "halving effect" will become more apparent. "Although external factors and Ethereum's evolution have gradually weakened the halving effect, it will most likely still lift the entire crypto market overall. The crypto community can watch and wait."
Wang also emphasized that a successful investor must first have a clear understanding of the investment landscape to make informed decisions; maintain strong connections within the investment community to access reliable and timely information; and above all, cultivate the right mindset—staying optimistic during bear markets and remaining calm during bull runs.
During the stream, representatives from Huobi HTX noted that Web3 represents a high-risk investment area, requiring thorough research and robust risk management. Investors should comprehensively understand relevant projects and tokens while continuously learning and adapting to new investment concepts and strategies to maximize returns. Huobi HTX will provide diverse investment tools to help users safely navigate both bull and bear markets.
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