[Founder Of Crypto Quant: The Concept Of Decentralized Organization Has Not Failed, And Success Requires Balance] Crypto Quant Founder Ki Young Ju Said In A Post On X: "Some People Think That Decentralized Organizations Are A Failed Concept, I Disagree. Of Course, Many Decentralized Projects Have Failed. The Main Reason For The Failure Is That Early Participants Have Made Considerable Profits And Often Become Complacent, While Those Who Join Later Find It Difficult To Get Returns. Balance Is The Key. Complete Decentralization Is Not Always Required. The Core Idea Is To Maximize Personal Interests And Keep In Line With Capitalism. The Concept Is Reasonable, But It Is Still In The Exploratory Stage, Seeking The Right Balance. Collaboration On The Internet Deserves A Decentralized Attempt. For Example, Wikipedia, A Platform For Archiving Information, May Operate More Efficiently In A Decentralized Way. In Fact, There Is A Project Called Everipedia Dedicated To This. However, The Reason Why It Did Not Succeed May Be That A New Team Cannot Easily Catch Up With Wikipedia's Decades Of Experience And Expertise. Finally, Wikipedia Itself Needs To Issue Its Own Token, But This Will Be Difficult Without Proper Regulation. If Proper Regulations Can Filter Out Scammers, Big Companies Or Promising Teams Will Also Participate In This Experiment. On The Other Hand, Without Regulation, Scammers Will Continue To Thrive And The Potential Of Blockchain Technology Will Be Buried In Disgrace. Web3 Needs Proper Regulation - Unless Advocating Decentralization Is Equivalent To Advocating Anarchism. "