Zhang Chaoyang: The concept of the metaverse is provocative, but the trend is indeed undergoing profound transformation

ChainCatcher news, according to a report by The Paper, at the Internet Entrepreneurs Forum during the 2022 World Internet Conference Wuzhen Summit, Sohu founder Zhang Chaoyang discussed the metaverse, stating that in the Web 1.0 era, the generation and distribution of internet content was one to many. By the time of Web 2.0, content was generated and consumed by many individuals, emphasizing interaction. Once users establish interactive relationships, it becomes decentralized, and we are now moving towards Web 3.0, culminating in the so-called metaverse.

Zhang Chaoyang reminded young people that many concepts can be seductive, and entrepreneurs should adopt a skeptical attitude and view them calmly. Some new concepts may be overhyped, but when viewed over a 10-year scale, the trends are indeed undergoing profound transformation. (The Paper)