Winners of the Top 30 Blockchain Figures

Yang Yaoyang: Co-founder of POMO Network / Honglou Capital, Co-founder of Comma3 Ventures

Contributions to the industry over the past year:

  • Launch of Pomo.network, a restaurant membership card platform introduced with the core concept of 'Open Loyalty', forming an open and interconnected loyalty network that breaks the limitations of single brands or stores.

  • Comma3 Ventures assists in promoting the Zeus Network (a cross-chain protocol between Bitcoin and Solana) and the largest lending platform on Sui—Scallop.

  • Served as the Web3 venture capital representative of the Republic of China Venture Capital Association and the 9th board member of the venture capital association, promoting Taiwan's web3 venture capital ecosystem.

  • Co-hosted the 40th anniversary of the Taiwan Venture Capital Annual Conference with the venture capital association, organized a Web3 special session attracting about 300 participants, and invited blockchain guests such as BTSE, Maicoin, Binance to share key future trends.

  • Hosted the Token2049 Singapore 2024 side event Comma3 Web3 Convergence Summit, gathering guests from the Web3 field to discuss the future of blockchain technology and its impact on various industries.

What do you think about the development in 2025?

Q1: What are you most looking forward to seeing in the Web3 industry in 2025?

Having experienced two rounds of cryptocurrency bull and bear markets, next year may very well be a bull market after the Bitcoin halving. Compared to the explosive ICO (Initial Coin Offering) in 2017, the DeFi (Decentralized Finance) and NFT (Non-Fungible Token) summer in 2021, each bull market has attracted more users into the Web3 field.

Thus, in the Web3 industry in 2025, what I most look forward to is the emergence of truly large-scale adopted blockchain applications in everyone's lives. From several trends in 2024, we can see the Sui ecosystem of the Meta series and the TON ecosystem of Telegram, as well as Solana's DePIN (Decentralized Physical Infrastructure Network) type, and even the recent collaboration between Kakao and Line on the Web3 public chain Kaia, which are all excellent examples of connecting to Web3 through real social graph applications.

Looking forward to many interesting Web3 Apps sweeping the entire internet world next year. If combined with the growth of AI, it will generate a different social logic and production efficiency compared to past Web2 Apps.

Q2: From your professional field perspective, what do you think is the most important trend in the blockchain industry in 2025? What are your insights and observations?

In addition to the large-scale adoption of Web3 products being an important trend, another significant change is the trend of RWA (Real World Assets) starting from the Bitcoin community, especially with the formal approval of Bitcoin ETF in 2024 and the approval of Bitcoin ETF options trading IBIT, traditional finance is gradually opening up channels from Bitcoin to traditional assets. Therefore, the development of BTCFi (Bitcoin finance) will be extremely important.

When traditional financial asset companies buy Bitcoin, there needs to be decentralized income services that allow them to retain Bitcoin funds and obtain stable income, such as on-chain lending platforms and stablecoins for leverage. This way, a larger amount of capital can enter the Bitcoin ecosystem, forming a complete financial system. Therefore, the richness of the BTCFi ecosystem will be a very important indicator for attracting traditional financial capital in the future.

Q3: Are there any interesting plans or products to share for 2025?

From the perspective of cryptocurrency funds:

Our cryptocurrency fund Comma3 Ventures has completed investments in over 50 early-stage projects and is gradually recovering profits, with the opportunity to recover most of the investments before the end of next year. In Q1 2025, we will initiate fundraising for Comma3 Fund2, expected to be around 50 million USD, hoping the market and layout can provide us with better value for investors.

Next year, we also plan to start a Web3 Incubator program in Taiwan with both official and unofficial organizations, attempting to promote Taiwan's new startup ecosystem in Web3 together with the government, allowing talented entrepreneurs to choose the Web3 field for their startups.

From the perspective of grounded Web3 startups:

The heavily incubated Web3 social product POMO Network will also perfect its specific features next year, shaping a new generation of social networks for sharing life, allowing traditional social platforms to accept the different cryptographic production logic that Web3 social products can bring.

For example, in Web3 products utilizing on-chain address connections in the Decentralized Social Graph, the advertising costs that everyone previously spent on Meta or IG can actually be given to important users who contribute content and momentum to the platform on Web3 platforms. We started with the Web3 version of Zenly combined with Xiaohongshu, attempting to provide the public with some imagination of Web3 social platforms. As the community base expands, it can enter the realm of Payfi (payment finance) for more flexible on-chain cash flow and asset trading.

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