Reexamining the Nature of Crypto Assets Projects

Crypto projects should return to their original intention of decentralization and high risk-reward. Recently, many projects have overly relied on centralized trading platforms and venture capital support, hindering industry development. In contrast, the capital formation mechanisms of Meme coins and ICOs better reflect the core value of Crypto Assets.

Crypto Assets have become one of the fastest-growing networks for three main reasons:

1. Decentralization is the antidote to the concentration of wealth and power.
2. Blockchain is a groundbreaking and magical technology
3. Users can get rich through Crypto Assets.

However, the current method of capital formation has deviated from the path of stimulating community greed. Venture capital-backed high-valuation, low-circulation tokens have performed poorly in this bull market. Ordinary investors are deterred by the high prices, leading to catastrophic performance.

In contrast, the capital formation of Meme coins is more equalized. The team directly releases the entire supply, starting with a lower valuation. Speculators make high-risk bets through DEX, wagering on which meme will gain popularity. The intrinsic value of Meme coins lies in the viral spread of the meme content.

The intrinsic value of venture capital tokens is more dependent on the background of the founders, such as education and work experience. Venture capitalists pay more attention to teams that fit stereotypes rather than the product itself. This leads to a disconnect with ordinary retail investors, who hope to achieve a turnaround through coins that surge by thousands of times.

ICOs combine the viral nature of content dissemination with potential technological value. They allow any team to showcase their project to the community and gain funding support without intermediary control. The community values the team's technical capabilities more than their background. Although most ICOs eventually go to zero, a few successful cases can yield substantial returns.

As of today, ICOs are making a comeback. Thanks to technological advancements, token issuance and trading can now be completed more quickly. New smart contract technologies also bring possibilities for ICOs within the Bitcoin ecosystem. More user-friendly trading platforms are emerging, which are expected to attract more ordinary users to participate.

However, both the project parties and investors need to act with caution. High valuation and low circulation venture capital projects, as well as tokens that are listed on centralized exchanges at high valuations, should be rejected. Although early investment in ICOs carries high risks, it is also the only way to achieve substantial returns. Let's reignite the community's fervent support through ICOs and empower investors with the possibility of gaining immense wealth.