PANews reported on December 5 that a16z released its 2025 "Big Ideas" annual report on the crypto industry, proposing a number of development trends worthy of attention:

1. AI wallets become the basis for autonomous agents : AI will be able to act autonomously by having its own encrypted wallet for transactions, resource coordination, etc. In the future, there may be cases where AI runs or verifies blockchain nodes.

2. Decentralized Autonomous Chatbot (DAC) : Proving full autonomy through TEE (Trusted Execution Environment), DAC can generate content, manage assets, and may become the first truly autonomous billion-dollar entity.

3. Popularization of stablecoin payments : As stablecoins find market fit, small and medium-sized enterprises and large enterprises will adopt more in 2025 to reduce payment costs and increase profit margins.

4. Government bond on-chain : Multiple countries may experiment with putting government bonds on-chain as collateral for decentralized finance (DeFi) to improve transparency and transaction efficiency.

5. DUNA becomes the new standard for DAO governance : The DUNA (Decentralized Nonprofit Association) legal framework passed by the U.S. state of Wyoming provides legal recognition for DAOs and is expected to be further promoted in 2025.

6. Liquid democracy applied to offline governance : Blockchain technology will drive local governments to experiment with new governance models, such as "Liquid democracy", to achieve direct or delegated voting.

7. Infrastructure reuse trend : In 2025, more teams will give priority to existing blockchain components, reduce duplication of development and accelerate product launch.

8. Focus on end-user experience : Encryption product design will start from user experience and choose appropriate infrastructure, rather than letting technical constraints determine user experience.

9. “Hidden complexity” boosts Web3 killer applications : user interfaces will be more intuitive, and the complexity of blockchain technology will be abstracted, driving wider mainstream adoption.

10. Tokenization of non-traditional assets : Low-cost infrastructure will drive more non-traditional assets (such as biometric data) to participate in the global economy through tokenization.