Foresight News live report, in the 2023 Hong Kong Web3 Carnival "Tokenized Future" theme forum, Zou Chuanwei, Chief Economist of Wanxiang Blockchain, delivered a keynote speech on "Web3 New Economy and Tokenization", in which he announced the Wanxiang Block Lianhe will release the white paper "Web3 Economy and the Future of Tokenization" today. The white paper will start from the underlying logic and evolution trend of Web3, discuss the prospect that all values can be tokenized, and explore the monetary policy and mechanism design involved in token economics And other issues. Zou Chuanwei said in his speech that the new development center in the new Web3 economy in the next 15 years will be Web3 applications, and the scope of tokenization will expand, and all values can be tokenized. The four main ways of tokenization include: tokens represent usage rights, NFTs represent identity certificates and ability certificates, etc., tokens represent off-chain value, and tokens represent income rights. There are five aspects to the real value of tokens, including token issuance, token usage rights, token circulation, token equity attributes, and token governance attributes. "Web3 Festival" (Web3 Festival) is a Web3 event brand jointly launched by Wanxiang Blockchain Lab and HashKey Group, and hosted by W3ME. This year's "Web3 Carnival" lasted from April 12 to April 15, and discussed the core issues of various Web3 tracks such as regulatory policies, Web3 infrastructure, and Metaverse.