2025-12-25 06:20:13

My article "How to Master Web3" received an unexpectedly high number of citations, but this just illustrates a phenomenon — most people’s understanding of Web3 still remains at a very superficial level.

To put it simply, in the Web2 era, everyone had Excel, but 99% of people just used it for making spreadsheets. Less than 1% could build models, manage risk control, or set prices, yet these people were dominating the global financial markets with it.

Now, Web3 is the same. 99.5% of people only know how to operate wallets, chase airdrops, or follow hot narratives. But those who can write smart contracts, deploy on-chain protocols, or thoroughly understand the underlying game theory account for even less than 0.5%.

Ironically, it is precisely this less than 0.5% of people who are setting the rules of the game, while the rest passively profit or lose within that framework.

So the question is right in front of us — in the coming year, do you want to continue being priced by institutions and harvested by the market, or do you have the courage to learn advanced knowledge and become someone who can compete with large funds? The choice is yours.

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NftDeepBreather

· 12-28 00:59

It's really about hitting the heart, I am one of that 99.5%, everyone? --- I've been looking at the contract code for two weeks and still feel clueless, I feel like I'll never catch up to that 0.5% --- So essentially, it's still an information gap. Whoever masters the underlying logic first becomes the harvester --- Damn, hearing this, my airdrop dream is shattered --- But on the other hand, this ratio is a bit scary. Are there really so few people who understand it thoroughly? --- No wonder I keep getting cut, the difference is so big --- Give up or go all in, it seems I have to make a choice --- Learn smart contracts, I can't keep getting passive cuts forever

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just_another_fish

· 12-27 21:12

Wake up, wake up, it's another year of being harvested It's the same old rhetoric, I've heard enough of it Are the people who say this part of that 0.5%, or are they trying to fool us into becoming the next crop of chives?

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GamefiGreenie

· 12-27 04:11

That hits hard. I, as a rookie, only now realize how thoroughly I've been harvested. I don't want to be that 99.5% anymore. Let's get serious and learn about contracts. That 0.5% of people are really eating the meat, while we're still drinking the broth and feeling it's delicious. Oh my, you hit the nail on the head. I'm just that noob who only knows how to manage wallets and chase narratives. Is the choice in my hands? Can I choose to keep losing money? Haha. Instead of waiting for a choice, why not start learning now? Anyway, I can't lose much. Your analogy is excellent. There's an entire universe between Excel geniuses and on-chain geniuses. Honestly, most people don't have the brains to learn the underlying logic. We might as well be honest and just farm airdrops.

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ChainProspector

· 12-27 00:41

Honestly, I'm just one of the 99.5% who farm airdrops, but I really got hit hard. I just can't get into trading contracts. That Excel analogy is perfect, it totally reflects my current situation. Those who understand have already made profits at the bottom layer, while we're still just drinking soup on the surface. This is the most heartbreaking part—rules are not set by us. Look at the coins in your wallet, it feels like they're all just for others to take over. Learning contracts? It sounds simple, but sticking with it is really difficult. The 0.5% who make money, we'll never catch up in a lifetime—ridiculous.

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BlockchainGriller

· 12-25 06:50

Is it the same old story... Are 99.5% of people really that bad, or are you just part of that 0.5%?

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FunGibleTom

· 12-25 06:50

It's really heartbreaking, but I think most people don't even realize they're being harvested. The 99.5% figure might still be an overestimate; those who truly understand might be less than 0.1%. Web3 is now just a big casino, and the big players have long set the rules. Just knowing how to operate a wallet isn't really competitive, but learning about smart contracts... the barrier is really high. But to be fair, even if you learn about contracts, you might not make money; it still depends on luck and the amount of capital. Whether to choose to be harvested or to harvest others—this is indeed a real issue.

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ProofOfNothing

· 12-25 06:50

Really, the true expert is the one who sees through but doesn't expose it. Most people are still chasing airdrops with dreams of getting rich quickly, not realizing that it has already been predetermined.

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AllTalkLongTrader

· 12-25 06:35

0.5% Those people have long been full; it's the 99.5% of us who should unite.

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down_only_larry

· 12-25 06:35

Really? So I can't write contracts for the 0.5% of people? That's hilarious. I just enjoy the feeling of being cut like a leek.

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RugpullAlertOfficer

· 12-25 06:33

Hey, there's nothing wrong with that, but I think most people still want to get rich quickly. Who would really go and dig into smart contracts? The top 0.5% who are truly competitive have already quietly made a fortune, while our group is still arguing about what Layer2 is. Just saying that the choice is in my hands doesn't help; you need time and energy. Workers don't have that much brainpower for deep learning. Honestly, listening to this kind of motivational talk is fine, but the market still relies more on luck. I just want to do stable arbitrage; no need to overthink it. Isn't this just encouraging us to cultivate ourselves? But the path of cultivation is full of pitfalls.

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