What exactly is the future of Web3? Recently heard an interesting perspective: AI aims to create more value with fewer people, while many past Web3 projects seemed to rely on getting more and more people to keep buying in and joining. This is also why this wave of AI continues to attract funding, while many crypto projects are finding it harder to come up with new narratives. Memes will fade, airdrops will end, and subsidies won’t last forever. If a project loses its token issuance, subsidies, and incentives, and ends up with no users, then what value is it really creating? However, the future of Web3 isn’t about relying on narratives—it’s about becoming the infrastructure for AI. Decentralized identity, data ownership, on-chain payments, asset management, and collaboration for AI agents... these are the directions that might truly have long-term demand. If there’s another bull market, it won’t be driven by “storytelling,” but by applications that genuinely solve problems. Web3 will only be truly mature when users don’t even realize they’re using Web3, yet it’s part of their daily lives.