TechCrunch recently published an article discussing how Venture Capital investors in Web3 are looking towards the long-term possibilities of this sector. They highlighted that while there are still fundamental aspects to be understood, those who comprehend the potential of this space know that there is still a profitable future ahead.



On the other hand, those who are not familiar with the technology may be more hesitant to invest. At present, only a fraction of the benefits of Web3, such as decentralization and pseudonymous identities, have been realized. This is similar to the early days of the World Wide Web, when simple HTML pages with limited capabilities were the norm.

It's interesting to consider how domain investing in Web3, particularly blockchain domains and NFTs, will evolve given the recent fluctuations in cryptocurrency prices and negative news surrounding FTX. Just like legacy investors after the .com bubble, it will require patience and determination to make sound investments in this space. While some critics claim that Web3 has already been overhyped and passé by 2022, I believe that it remains a volatile sector that requires careful consideration and informed decision-making.

I can say that the potential for investment success is there for those who are willing to take the time and effort to understand the market and its potential opportunities.

To gather information on a web3 domain, two smart contract requests must be made: one to the registry contract to obtain the converter address, and another to the converter contract to retrieve domain details.

The main difference between web 3 and DNS lies not only in technical characteristics and system management mechanisms but also in the type of information stored in the registry. In DNS, this typically consists of the domain and IP address of the device, such as the server hosting the website. However, in EVS, the web 3 domain is paired with a wallet address and other optional information at the discretion of the domain owner, such as links to social media profiles or traditional DNS domains.

 it's worth noting that the EVS system for web3 domains offers greater flexibility and control over the type of information that domain owners can store, allowing for a more versatile and nuanced online presence.

The evolution of Web3 domain investing will likely be influenced by the increasing importance of decentralized systems and blockchain technology. As more applications and platforms are developed on Web3 infrastructure, the demand for valuable and unique domain names within these ecosystems is expected to grow. Additionally, the integration of non-fungible tokens (NFTs) and decentralized finance (DeFi) into Web3 domain investing may create new opportunities for leveraging digital assets and generating revenue through domain name ownership. It's also possible that smart contracts and other blockchain-based technologies will streamline the process of buying, selling, and managing Web3 domain names, potentially leading to increased liquidity and a more efficient market for these assets. Overall, the evolution of Web3 domain investing is likely to be shaped by the ongoing development and adoption of decentralized technologies and their impact on digital asset ownership and trading.

The evolution of Web3 domain investing may also see the emergence of new trends and strategies. For example, as decentralized autonomous organizations (DAOs) become more prevalent, we may see collective ownership and management of premium domain names within these communities. This could lead to innovative approaches to monetizing and utilizing domain assets for the benefit of the DAO members. Furthermore, the intersection of virtual reality, augmented reality, and Web3 technologies may create a new market for domain names related to immersive digital experiences, opening up opportunities for investors to capitalize on the virtual real estate of the metaverse.

Additionally, with the growing focus on privacy and data ownership in Web3, domain names that align with these principles, such as decentralized identity or personal data management, could become particularly valuable. As Web3 continues to expand and incorporate new use cases and technologies, domain investors will need to stay informed about emerging trends and developments to identify lucrative investment opportunities in this evolving landscape.

The evolution of Web3 domain investing will likely be influenced by several key factors:

1. Decentralized Systems and Blockchain Technology: With the increasing importance of decentralized systems and blockchain technology, the demand for valuable and unique domain names within Web3 ecosystems is expected to grow.

2. Non-Fungible Tokens (NFTs) and Decentralized Finance (DeFi): The integration of NFTs and DeFi into Web3 domain investing may create new opportunities for leveraging digital assets and generating revenue through domain name ownership.

3. Smart Contracts and Blockchain-Based Technologies: Smart contracts and other blockchain-based technologies may streamline the process of buying, selling, and managing Web3 domain names, potentially leading to increased liquidity and a more efficient market for these assets.

4. Virtual Reality, Augmented Reality, and the Metaverse: The intersection of virtual and augmented reality with Web3 technologies may create a new market for domain names related to immersive digital experiences, opening up opportunities for investors to capitalize on the virtual real estate of the metaverse.

5. Privacy and Data Ownership: Domain names that align with principles of privacy and data ownership, such as decentralized identity or personal data management, could become particularly valuable as Web3 continues to expand.

6. Artificial Intelligence and Machine Learning: Domain investors could utilize AI and machine learning technologies to analyze patterns and predict future trends in Web3 development, helping them make more informed investment decisions.

7. Intellectual Property Rights and Blockchain Technology: Smart contracts and digital ownership records on the blockchain could enhance the transparency and security of domain name transactions, potentially reducing disputes and legal costs associated with traditional domain ownership transfers.

Overall, the evolution of Web3 domain investing is likely to be shaped by advancements in decentralized technologies, changing market demands, and the emergence of new investment strategies. Staying informed about these developments will be crucial for domain investors looking to navigate and capitalize on the opportunities presented by Web3.