The Secret Chainbase Master Plan

We believe that the future world is on-chain (Onchain), where everyone and every organization will rely on blockchain.

This belief stems from the unique nature of blockchain: it is a world computer open for access by all, yet owned by none. More importantly, blockchain is the world's first default public and ever-expanding global data network.

In the past, internet data has always been a closed and scarce resource, restricted to organizations and specific individuals with data monopolies for access and utilization. However, blockchain technology breaks through these limitations, providing a new value system based on public, shared, and immutable data and infrastructure. This is not just a paradigm shift in data and computation but also an expansion of the entire internet.

With this technology, existing internet native protocol layers are continuously upgraded, allowing anyone globally to directly build and exchange value. This transformation unleashes new trillion-dollar markets, giving the internet unprecedented vitality and energy.

Looking back at several media transitions in information and data in computer science:

On paper: Inefficient, limited, insecure.

On disk: What you care about stays on local disks.

On cloud: Stored and controlled centrally in the cloud.

On chain: What matters to everyone will be on the blockchain.

Onchain is not just a technical term; it will be another form of online. Next, data will become more democratic and exist on a larger scale under the impetus of AI. This poses a challenge: How do we redesign encryption to build a truly open and sustainable data infrastructure? To accelerate human progress more broadly. This is the mission of Chainbase, as we are committed to making encrypted data easy to use and beneficial, constantly helping the most creative individuals of this era realize their ideas.

To achieve this goal, the plan will be divided into four phases:

Phase 1: Build the open data platform

In this phase, we will build an open, fast, and stable data platform based on the real needs of industry users, primarily engineers, data scientists, and analysts. We will incorporate the concept of openness into the design of the entire product, enabling people to maximize centralized access, processing, analysis, and artificial intelligence of encrypted data.

This is our core business, and we will work closely with users to refine the product, gaining insights, brand image, and industry influence by continually expanding the user base. Profit is not the key in this stage; almost all new technologies initially come with high costs and gradually balance and establish corresponding barriers as they reach the tipping point of scale.

Phase 2: Build a trustless, sustainable data model network

Open transparency, trustlessness, and sustainability are core to blockchain, and we will apply this to the parsing, modeling, and describing systems of data set models. In this phase, we will build a data model network. We will standardize the data interpretation layer in the encryption field as much as possible through a set of protocol standards (from raw data to decoding contracts and abstract business layers) to maximize the richness and quality of data sets. With people joining in, the entire system will operate at a faster pace, ultimately ensuring that the processes (knowledge) behind all data sets are open, transparent, composable, and not controlled by centralized will.

Phase 3: Build data-based, mass-market apps through investments or acquisitions

Data only truly adds value in specific application scenarios. Cryptocurrency applications have been criticized for various reasons in the past. Therefore, in this phase, we will build a series of data-value-driven, mass-market applications and tools through investments, acquisitions, or incubation. These applications will not only drive the iteration and broad use cases of the Chainbase platform but also provide practical tools, entertainment, and services to global users, with the aim of greatly reducing the entry barriers so that hundreds of millions of ordinary users can participate.

Phase 4: Driving 10M people to build on blockchain for mass builds

In the final phase, our vision is to inspire creativity on a global scale, involving at least 10 million people in the construction process. We aim to attract not only developers but also product managers, data scientists, and various other professionals. Such multidisciplinary collaboration will lead to unprecedented innovation.

These scenarios and areas may include but are not limited to identity systems, computing storage, social, games, advertising, RWA, efficiency tools, and more. Imagine that within these innovations, the next Google, Twitter, Meta, Netflix, Uber, and more could emerge. We are very excited about this because it means that in the future, their existence will directly or indirectly change the world and have a huge impact on humanity.

Conclusion

Like this industry, we are still in the early stages, and the new data revolution is just beginning. Ideally, we need more than five years to go through these stages.

Furthermore, we are not just building a platform or solving a problem. Our goal is to activate an entirely new creative ecosystem. Finally, if Chainbase's phases are "successful," even developers who have just started with blockchain or non-technical ordinary users will be able to easily use on-chain data for valuable innovations. Use cases will number in the tens of thousands, and encryption will be everywhere. People will no longer need to waste time on redundant tasks like reinventing the wheel, deciphering data, building systems, and ensuring stable operation. This world will become incredibly simple!

Tl;DR In summary, our overall plan is:

Invent a product to solve the usability problem of encrypted data.
Promote a network to unify the data interpretation layer.
Improve the product with earnings and participate in user-oriented applications through investment or acquisition.
While doing the above, maintain the spirit of encryption.

Note: "Open" is not only one of our core values but also our guiding principle. That's why we have openly shared our "internal" strategic plans on the internet.

About Chainbase

Chainbase is an open Web3 data infrastructure for accessing, organizing, and analyzing on-chain data at scale. It helps people to better utilize on-chain data by combining rich datasets with open computing technologies in one data platform. Chainbase’s ultimate goal is to increase data freedom in the crypto.

More than 5,000 developers actively interact with our platform and over 200Mn data requests per day as their data backend and integrate chainbase into their main workflow. Additionally, we are working with ~10 top-tier public chains as first-tier validators and managing over US $500Mn tokens non-custodially as a validator provider. Find out more at: chainbase.com

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The Original Link：https://chainbase.com/blog/article/the-secret-chainbase-master-plan