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Alliance DAO core contributor Will Robinson shares Web3 entrepreneurial experiences.
Alliance DAO is a leading Web3 accelerator and founder community that helps outstanding Web3 founders start and grow companies through a 10-week program. To date, Alliance DAO has held 14 sessions of its startup accelerator, incubating companies with a total market value of 11 billion dollars.
This article introduces the personal experiences, project selection methods, and insights on Web3 entrepreneurship of Will Robinson, a core contributor of Alliance DAO.
Personal experience
Will Robinson was originally an academic researcher, focusing on game mechanics design and cultural studies. In 2017, he was introduced to Bitcoin through his cousin, and

The current NFT market faces challenges, including over-issuance and a lack of application scenarios, leading to a poor user experience. However, NFTs have unique advantages over Crypto Assets, such as low Liquidity and social value. StepN's sustainable growth strategy emphasizes user guidance, social trust, and market reshaping to address stagnation in growth. These measures aim to achieve sustainable development of NFT projects.

Ondo Finance is a leader in real-world asset investments, offering products such as tokenized U.S. Treasury bonds and interest-bearing stablecoins, attracting global investors. Despite fierce competition, Ondo still needs to diversify its products and expand channels to maintain its market advantage.

Yield-type RWA: US Treasury bonds drive rise, native encryption user demand surges
There are various RWAs on the blockchain, each serving different scenarios. Stablecoins and tokenized gold have existed for many years, while RWAs like U.S. Treasury bonds have emerged recently against the backdrop of rising interest rates. This article will briefly outline the following income-generating RWAs:
real estate
Private Credit
national debt
Note: The analysis focuses on RWA tokenized assets and their market capitalization, excluding information on underlying protocols or auxiliary services. The report does not cover stablecoins, to avoid overshadowing the rise of other small market cap RWAs.
Integration of the real world and the digital world
RWA is created by the issuer in the following ways:
Acquire real-world assets
Tokenize assets on the blockchain
Distribute RWA tokens to on-chain users
Without an issuer, RWA will not exist on the chain.
Some major RWA issuers include:

Recent Hot Projects Overview of the Base Ecosystem
Recently, with the enthusiastic response of the US stock market following Circle's listing, investors' optimistic sentiment towards the concept of stablecoins in the global stock market has spread. Naturally, Coinbase's public blockchain Base, which is in deep collaboration with Circle, has attracted significant institutional attention, and more and more promising projects are emerging. This article will summarize the outstanding projects in the Base ecosystem in recent times.
Stablecoins and Payment Track

The "opportunity economy" framework proposed by Harris aims to improve the lives of the middle class by dropping the costs of housing, healthcare, food essentials, and childcare. However, this plan may lead to an increase in government deficits and exacerbate inflation risks. In the short term, this policy may stimulate the crypto market, but in the medium to long term, it is necessary to follow its potential risks.

Executives from asset management giants reveal future plans for digital assets.
In the eyes of important figures in the global asset management field, the financial market is undergoing a critical transformation period. In an in-depth dialogue, this executive, who manages $6.6 trillion in assets, shared her unique insights on digital asset ETFs, the modernization process of the market, and the integration of blockchain technology with traditional finance.
Promote market modernization
Before joining the ETF industry, this executive focused on fixed income and derivatives at a large investment bank. She describes herself as a "market modernization advocate," dedicated to enhancing market resilience, improving transparency, and expanding investor participation. At her current company, she works closely with the head of the digital asset department to explore the potential of the cryptocurrency and digital asset space.
She believes that ETFs themselves are a disruptive technology that aligns with the goals of blockchain technology: to modernize the market and achieve innovation and change in financial markets.

The theft of blockchain assets occurs frequently, mainly due to code vulnerabilities and human errors. Users should take care to protect their digital assets, avoid using third-party tools to create wallets, use multisignature, securely store their Private Key, verify contract Addresses, and promptly revoke unnecessary authorizations to drop the risk of theft.

French law enforcement has decided to extend the detention period for executives of the instant messaging application. This move stems from concerns that the messaging platform may be used for illegal activities. Authorities believe that this popular encryption communication tool could be exploited by criminals, facilitating various unlawful activities. This issue has sparked public debate on the balance between privacy and security, highlighting the challenges that tech companies face in combating crime while protecting user rights.

Latest news shows that, according to data analysis from election forecasting agencies, the Republican Party has secured a majority of seats in the U.S. House of Representatives elections. The forecast indicates that the Republican Party has taken 218 seats, ensuring control in the House. Meanwhile, the Democratic Party has currently obtained 209 seats. Previously, several media outlets also predicted that the Republican Party has successfully taken control of the Senate. This result will have significant implications for the future policy direction of the United States, attracting widespread attention from various sectors.

Recently, a well-known Crypto Assets exchange announced the acquisition of a reputable OTC Trading ( service platform in the industry. This strategic acquisition will significantly expand the exchange's OTC business scale, increasing its operational team to over 20 people. It is reported that the exchange's OTC business will be led by Wall Street veteran Nelson Minier.
According to industry insiders, the acquired OTC platform has been seeking buyers since this summer. The platform recorded a nominal trading volume of $24 billion in 2018. However, in March of this year, the platform's parent company had to lay off about 30 employees, accounting for approximately 10% of its total workforce, due to challenges posed by the regulatory environment in the United States. In addition, the OTC business is also facing issues of talent loss, including the departure of former OTC head Ryan Salame.
It is worth noting that the parent company of the acquired OTC platform has recently made frequent moves.

Latest data shows that renowned trader James Wynn has increased his Bitcoin short positions to $195 million, using 40x leverage. The current situation is as follows:
James Wynn's trading status:
Open Interest: 1820.91 BTC, worth approximately 195 million USD
Average opening price: 107,507.8 USD
Trigger liquidation price: $130,540
Current profit: $570,000
The trading status of another highly watched trader:
Short positions size: 117.81 BTC, approximately 12.74 million USD
Opening position average price: 107,823.2 USD
Liquidation price: $115,190
Current profit: $73,000
The large short positions of these two traders have attracted widespread attention in the market, and their direction may have a certain impact on the short-term Bitcoin price trend. Investors should pay close attention to this.

Recent results from the U.S. elections indicate that politicians who hold a friendly attitude towards Crypto Assets occupy a considerable proportion in Congress. Reports suggest that over 250 elected representatives in the new Congress have expressed support for the development of Crypto Assets. This number reflects the growing influence of the Crypto Assets issue in American politics, which may have a certain impact on future policy-making related to it. As more supporters enter the legislative body, the Crypto Assets industry may welcome a more favorable regulatory environment. However, the specific direction of policies still needs to be observed based on these representatives' actual performance after taking office.

The future development prospects of government bond RWAs
Government bond-related RWA projects are expected to achieve rapid growth in scale and user numbers in the short term. Currently, the scale of government bond RWA assets has approached $700 million, an increase of about 240% since the beginning of the year. The government bond RWA in MakerDAO has also quickly risen to the level of several billion dollars.
The significance of sovereign debt RWA mainly lies in two aspects:
1. Provide a relatively safe and stable earning place for USD-based investors, especially in a bear market.
2. Helps to launch mixed equity and debt financial products, promoting innovation in the DeFi asset management sector.
Currently, there are five main business models for government bond RWA: agency model, platform model, infrastructure model, self-operated model, and hybrid model. Each has its advantages and disadvantages, suitable for different types of project parties.
In terms of underlying assets, there are mainly three categories: US Treasury bond ETFs, US Treasury bonds, and a combination of treasury bonds, institutional bonds, and cash/reverse repos.

Under the management of the new leader, the social media giant's financial situation is gradually improving, approaching a balance between income and expenditure. Despite facing numerous challenges, he maintains a cautiously optimistic attitude towards the future and appreciates public support. The platform's development prospects require more time and strategic adjustments.

A stablecoin issuer should blacklist an address and freeze assets of about $100,000 in accordance with law enforcement requirements, marking the first time this address has been blacklisted. The issuer may blacklist addresses due to security vulnerabilities or legal requirements, preventing them from receiving stablecoins and freezing assets. Industry insiders point out that the centralized nature of stablecoins may lead to concentration risks in trust, raising questions about the essence of decentralization.

Cryptocurrency venture capital faces challenges in the financing environment, with a decrease in the number of transactions, but the speed of capital deployment remains stable. In the future, a token-dominated investment model will emerge, accelerating the integration of fintech and cryptocurrency venture capital, while "liquidity venture capital" rises, enhancing investment flexibility. Overall, the cryptocurrency sector will continue to lead venture capital innovation.

Hester Peirce, a member of the SEC, warned that tokenized securities still need to comply with federal securities laws, emphasizing that they are essentially no different from traditional securities. She suggested that market participants communicate with regulatory agencies to ensure compliance. This statement calls for caution, as tokenized stocks may pose additional risks.

A large payment service provider may launch its own L1 Blockchain network, aiming to reshape the payment system. If implemented, it will empower stablecoin payments, bypass Financial Institutions, support micropayment, and may have a profound impact on the payment industry's landscape. This trend reflects the innovative potential of Blockchain in the payment field.