According to Foresight News, the Shanghai Municipal Science and Technology Commission, in collaboration with the Jiefang Daily and the School of Economics at Fudan University, has released the first Web3.0 industry report titled '2024 Shanghai Web3.0 Innovation Ecosystem Construction Research Report'. The report suggests that experts should study 'Token Economics'.

The report highlights that Shanghai, as an international financial center, can utilize its technological reserves and practical experience in financial technology, artificial intelligence, and cloud computing. This can help promote technological breakthroughs in Web3.0 in areas such as smart contracts, digital identity authentication, data security, and privacy protection.

The report also suggests leading with industrial digitization, comprehensively digitizing and intelligentizing traditional industries, and upgrading traditional productivity to new quality productivity.