Is it a general trend to appreciate citizens moving towards Web3?

A while ago, I was probably lucky. I became an Appreciated Citizen (probably the last issue of 2.0) after the Admired Citizen 2.0 strengthened the credit card security authentication mechanism . Therefore, I did not encounter many citizens’ automatic renewal failures, which caused the disappearance of the Admired Citizen’s halo. However, this is all in the past, because after the revamp of Citizens Web3, credit card payment has been completely stopped, and only LikeCoin is accepted!

On the other hand, in order to prepare for the NFT scheme of the new perimeter a while ago, the casting fee was completed soon after depositing money with a credit card; but within a few days, OurSong also strengthened the requirement that real-name authentication is required for depositing money with a credit card (financial institutions prevent KYC policy for money laundering), usually authentication takes several more working days, and it is easy to fail, fortunately I have finished casting, huh.

Comparing the two, you will find:

OurSong is essentially a centralized NFT exchange. In order to lower the threshold for use, it insists on supporting "fiat currency deposits". Therefore, it must comply with the laws and regulations of various countries, especially the anti-money laundering legal system, which requires real-name authentication.

Appreciate the Citizens Republic Web3 is a big step towards accepting only LikeCoin. At present, it eliminates the problem of catering to the regulations of various countries, which is conducive to organizational implementation and product flexibility, but also throws the trouble of " how to buy LikeCoin " back to users. This is understandable, because the most profitable ones in the Web3 world are often those centralized exchanges, which are responsible for catering to national regulations, supporting legal currency deposits, and even creating more financial products - just like traditional finance.

Therefore, it has paved the way for the innovative development of Web3 products.