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The Official Vision of Web3 vs. Market Adoption: Discrepancies in Design and Real-World Use in Robinhood Chain and BonkDAO - BitTrade Market Report

2026/07/17 12:00(Updated 2026/07/17 16:58)

Bito Toreo

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The Official Vision of Web3 vs. Market Adoption: Discrepancies in Design and Real-World Use in Robinhood Chain and BonkDAO - BitTrade Market Report
目次
  1. What is IVS Crypto Like? ━━ The Enthusiasm in Naha, the Streets of Kyoto, and the Return of the Crypto Zone
  2. The '1% Attack'—A BonkDAO Incident Where $20 Million Moved with Just 1% Voting Power
  3. Current State of Robinhood Chain: Initially Thought to Be an RWA Chain, Yet Memes Led the Way
  4. On-Chain Numbers Don't Tell the Whole Story
  5. Examining the Substance of 'Usage'

When a new Web3.0 project is announced, its official website often presents a polished vision of the final product. The challenges it aims to solve and its core functionalities are outlined, and by reading the roadmap, one can grasp the direction the developers are aiming for. However, the places where people gather post-launch do not always align with the order presented in the announcement materials.

In traditional web services, unexpected uses or outcomes are fed back to the operators through access analytics and user feedback. In Web3.0, since trading and voting are tied to funding and authority, participants' choices can instantly reshape the project. Last week's BitTrade Market Report covered the progress of IVS Crypto, the governance incident at BonkDAO, and the initial reactions to Robinhood Chain.

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