Lecture Notes: Web3 Challenges and Opportunities with Stan

Overview

• Stan critiques the inflated user numbers in some web3 projects, claiming many accounts are fake.
• Emphasizes the skepticism of web2 professionals towards web3 due to its damaged reputation.
• Introduction of DManyi, a social engagement infrastructure aimed at improving the web3 space.

Speaker Introduction - Stan

• Background: Studied physics with a specialization in Quantum Computing.
• Experience: Transitioned into cyber security management in 2016, then moved to web3.
• Current Role: Co-founder of Scale Swap and DManyi.
• Personal: 40 years old, originally from Ukraine, now a German citizen. Has three kids.

Web3 Challenges

• A major issue is the prevalence of fake accounts and bots inflating user numbers.
• This leads to distrust from web2 professionals towards web3 initiatives.
• Stan argues that many so-called users in web3 ecosystems are not genuine.

DManyi: The Solution

• Purpose: To bring real users and transparent engagements to the web3 space.
• Features:
  • Social engagement infrastructure.
  • Middleware between companies and their communities.
  • Tasks for community members to execute, attracting real users.
  • Focuses on quality engagements over inflated user numbers.
• History: Launched in January, focusing initially on vetted projects.
• Strategy: Will eventually automate onboarding but currently vets projects manually.

Applying AI in DManyi

• Quest Generation:
  • Uses AI to create unique tasks based on a large database.
  • Aims to assist companies in generating marketing roadmaps.
• Validation:
  • AI assists in validating submissions alongside human checks to ensure quality.
  • Combines human and AI review to efficiently manage large volumes of submissions.

Target Users and Projects

• Users: Authentic users who engage with projects meaningfully.
• Projects: Mainly web2 projects transitioning to or integrating with web3.

Community Building and Scaling

• DManyi is actively building its community of real users who are content creators and builders.
• Vision to attract creative people from web2.

Unique Selling Propositions

• DManyi focuses on detecting and eliminating bots and fake accounts.
• Supports every chain, providing scalable solutions for different ecosystems.
• Acts as an enabler for genuine interactions between projects and communities.

Stan’s Closing Thoughts

• Emphasizes the importance of authenticity and quality over inflated numbers.
• Encourages listening to genuine people and avoiding bad actors in web3.
• Highlights the potential for community members to transition into official team roles in projects.